Cheap Apartments for Rent in the Indiana Neighborhood of Elkhart, IN from $500 (27 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Indiana area of Elkhart.

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Northway Manor
1 to 3 Bedroom Apartments

Northway Manor

915 Northway CirElkhart, IN 46514
  • Utilities Included
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Carriage House
1 to 3 Bedroom Apartments

Carriage House

1000 Portsmouth DrElkhart, IN 46517
  • Utilities Included
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Water Tower Place
1 to 3 Bedroom Apartments

Water Tower Place

320 La Salle StElkhart, IN 46516
Senior Living
  • Utilities Included

Indiana, Elkhart, IN Local Guide

Cheapest Available Indiana Apartments for Rent

 

The cheapest available apartment rental in the Indiana area of South Bend, IN is a 1 Bed unit found at Old Farm Apartments priced from $768. La Casa Estates has the second lowest priced unit, which is a 2 Beds apartment currently listed from $770. Here are the most affordable Indiana apartments for rent in South Bend, IN:

Apartment ListingModel NameBed/BathPriced From
Old Farm ApartmentsOne Bedroom1BR,1BA$768
La Casa Estates2 bedroom2BR,1BA$770
FARMINGTON HILLS1 BR1BR,1BA$800
Walnut Trails ApartmentsThe Cypress1BR,1BA$825
Elkhart Green Apartments11BR,1BA$865
Woodwind Apartments1 BR/ 1 BA1BR,1BA$875
York Woods Center2BR/2BA2BR,2BA$1,100
GREENLEAF2 bed 2 bath 1000 sq ft2BR,2BA$1,100
Forest Glen Apartments3 Bed3BR,1BA$1,105
River Point West1/11BR,1BA$1,123

Best Value Apartments for Rent in Indiana, IN

As of April 16, 2025 the best value apartment in the Indiana area is the $1.41 price per square foot Executive Suites Model at Maple Lane Apartments in the in the East Jackson neighborhood starting from $1,550. The second greatest value Indiana apartment is the 2bd/2bath Model at 121-123 S Main St starting at $1,150 with a $1.05 price per square foot in the East Jackson neighborhood. Here is today’s list of the best values for Indiana apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Maple Lane ApartmentsExecutive Suites2BR,1BA$1.41
121-123 S Main St2bd/2bath2BR,2BA$1.05
GREENLEAF2 bed 2 bath 1000 sq ft2BR,2BA$1.10
Forest Glen Apartments3 Bed3BR,1BA$1.16
River Point West1/11BR,1BA$1.21
Elkhart Green Apartments11BR,1BA$1.20
La Casa Estates3 bedroom3BR,1BA$1.31
Old Farm ApartmentsTwo Bedroom2BR,1BA$1.63
Walnut Trails ApartmentsThe Cypress1BR,1BA$1.42
Woodwind Apartments1 BR/ 1 BA1BR,1BA$1.59

Quick Rent Budget Calculator

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The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

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Pet Friendly Lifestyle
Indiana, Elkhart, IN

Ranked #34

Among neighborhoods in Elkhart, IN for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Lifestyle Ratings

Our team is happy to bring you our detailed rental analysis called 'Lifestyle Ratings' - a comparison of rentals in cities across the United States and customized analysis for East South Bend. LifeStyle Ratings are the best way to sort through finding a place to live - beyond price and floorplan. This takes in many factors including our Star Ratings to compare for the best outdoor access, luxury amenities, apartment complexes for the kids, raising pets, transit options, and more. These search options are in the site filters at the top of this page.

Getting Around the Indiana Neighborhood in Elkhart, IN

Walk Score®

63 / 100

Somewhat Walkable

Some errands can be accomplished on foot

Bike Score®

58 / 100

Bikeable

Some bike infrastructure

Frequently Asked Questions about Cheap Indiana Apartments

How much is rent for a Cheap One Bedroom Indiana Apartment?

The lowest price for a Cheap One Bedroom Indiana Apartment is $768 at Old Farm Apartments.

What is the lowest price for a Cheap Two Bedroom Indiana Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Indiana is starting from $770 at La Casa Estates.

What is the most affordable Indiana Three Bedroom Apartment?

The best deal on a cheap Indiana Three Bedroom Apartment rental is at La Casa Estates and starts from $895.

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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Know Your Rights - How Discrimination Laws Impact Landlords & 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.

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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.