Cheap Homes for Rent in Central, IN from $700 (8 Rentals)

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Central, IN Local Guide

Cheapest Available Central Apartments for Rent and Nearby

 

The cheapest available apartment rental in Central, IN is a 1 Bed unit found at Iroquois Green in the Downtown Louisville neighborhood priced from $735. Southwood in the South Louisville neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $799. Here is today’s list of the most affordable Central apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Iroquois Green1 Bedroom - With Balcony1BR,1BA$735
Southwood1 Bed, 1 bath1BR,1BA$799
Broadleaf ArmsOne Bedroom One Bathroom1BR,1BA$825

Best Value Apartments for Rent in Central, IN and Nearby

As of April 15, 2025 the best value apartment in the Central area is the $1.08 price per square foot 2 Bedroom Townhouse Model at 6121 Upper Hunters Trce in the in the South Louisville neighborhood starting from $1,350. The second greatest value Central apartment is the 3 x 1.5 Pixie C1 Model at Bayshore Townhomes starting at $1,035 with a $0.93 price per square foot in the South Louisville neighborhood. Here is today’s list of the best values for Central apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
6121 Upper Hunters Trce2 Bedroom Townhouse2BR,1.5BA$1.08
Bayshore Townhomes3 x 1.5 Pixie C13BR,1.5BA$0.93
Cane Run StationTwo Bed One Bath February Special $100 Month2BR,1BA$1.12
Newberry ParcTwo Bedroom2BR,2BA$1.06
By the ParkTwo bedroom2BR,1BA$1.00
Anderson EstatesTwo Bedroom One Bath2BR,1BA$0.94
Embassy Townhomes2 Bed, 1.5 Bath2BR,1.5BA$1.00
Paddocks at Ridge Park2.12BR,1BA$1.12
Broadleaf ArmsOne Bedroom One Bathroom1BR,1BA$1.03
Richardson 52 Apartments1 BED / 1 BATH1BR,1BA$1.13

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Frequently Asked Questions about Central

What type of rentals are currently available in Central?

There are currently 44 Apartments for Rent in Central, IN with pricing that ranges from $675 to $2,325. There are also 40 Single Family Homes for rent, Condos, and Townhome rentals currently available in Central ranging from $725 to $2,145.

What is the current price range for Rental Homes in Central?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Central ranges from $725 to $2,145 with an average monthly rent of $1,322.

How much are larger Three and Four Bedroom Rentals in Central?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Central range from $1,035 to $2,325, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,200 to $2,145. Four Bedroom Single-Family rentals are also available starting from $1,645 and Four Bedroom Apartments start at $1,755.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

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Understanding Amenity Fees: Know Where You Might Be Able to Save Money

Written by: Amber Kanuckel

With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.

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Renting Smart: Lease Basics Every Renter Needs

Written by: Christine Leonard, Esq.

Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.

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Battling the Butts: Your Guide to the Reality of Smoke-Free Renting

Written by: Andrea Lee Negroni, JD

While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.

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How Your Move-In Inspection Can Protect Your Security Deposit

Written by: Christine Leonard, Esq.

If you’re anything like most people, housing costs represent a huge chunk of your monthly budget. On top of that, moving can be both a stressful and expensive affair.