
Cheap Homes for Rent in Derby, IN from $600 (9 Rentals)
Search the lowest-cost Homes available for rent right now in Derby.


1178 Lois Ln

388 Elmwood Dr

126 7th St

2006 Keenland Pkwy

3640 Flaherty Rd

1599 Hill St

439 7th St

336 Meadowview Dr
Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.
Derby, IN Local Guide

How much does it cost to rent a home in Derby?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Derby 2 Bedroom Homes for Rent | $1,200 | $750 | $1,750 |
Derby 3 Bedroom Homes for Rent | $1,737 | $1,200 | $2,595 |
Browse Top Homes for Rent in Derby
Explore Derby
Derby, IN Local Guide
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Cheapest Available Derby Apartments for Rent and Nearby
 The cheapest available apartment rental in Derby, IN is a 1 Bed unit found at Vista Apartments of Radcliffe priced from $700. Roosevelt House I & II Senior Community has the second lowest priced unit, which is a 1 Bed apartment currently listed from $745. Here is today’s list of the most affordable Derby apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Vista Apartments of Radcliffe | 1 Bdrm | 1BR,1BA | $700 |
Roosevelt House I & II Senior Community | Roosevelt House II - Income Based | 1BR,1BA | $745 |
Legion Park & Heartwood Court Apartments | Legion 1 Bed | 1BR,1BA | $750 |
Best Value Apartments for Rent in Derby, IN and Nearby
As of April 17, 2025 the best value apartment in the Derby area is the $1.03 price per square foot Villas of Heritage Springs Apartments Model at Heritage Springs Rentals in the starting from $1,200. The second greatest value Derby 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 Derby apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Heritage Springs Rentals | Villas of Heritage Springs Apartments | 2BR,2BA | $1.03 |
Bayshore Townhomes | 3 x 1.5 Pixie C1 | 3BR,1.5BA | $0.93 |
Woodside Townhomes | 2 Beds, 1.5 baths | 2BR,1.5BA | $0.81 |
Vineland Carriage Homes Apartments | SM 2 BDRM GAR | 2BR,2BA | $0.94 |
Anderson Estates | Two Bedroom One Bath | 2BR,1BA | $0.94 |
Embassy Townhomes | 2 Bed, 1.5 Bath | 2BR,1.5BA | $1.00 |
Broadleaf Arms | One Bedroom One Bathroom | 1BR,1BA | $1.03 |
Kingston Square Apartments | Two Bedroom | 2BR,1BA | $1.02 |
Christopher Square Apartments NEW MANAGEMENT! | 1 Bed, 1 bath | 1BR,1BA | $1.09 |
Vista Apartments of Radcliffe | 1 Bdrm | 1BR,1BA | $1.08 |
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Frequently Asked Questions about Derby
What type of rentals are currently available in Derby?
There are currently 42 Apartments for Rent in Derby, IN with pricing that ranges from $700 to $2,299. There are also 31 Single Family Homes for rent, Condos, and Townhome rentals currently available in Derby ranging from $600 to $2,595.
What is the current price range for Rental Homes in Derby?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Derby ranges from $600 to $2,595 with an average monthly rent of $1,218.
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.

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.

Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Written by: Christine Leonard, Esq.
Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.

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.

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.