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

How Many Bedrooms?Done
Select your price rangeDone
By AmenitiesDone
By Community TypeDone
Done

Search the lowest-cost Homes available for rent right now in Marengo.

property at 1002 E Main St

1002 E Main St

New AlbanyIN47150

Marengo, IN Local Guide

Cheapest Available Marengo Apartments for Rent and Nearby

 

The cheapest available apartment rental in Marengo, IN is a Studio unit found at Brookview Glen in the Portland neighborhood priced from $378. 1743 Culbertson Ave in the Portland neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $795. Here is today’s list of the most affordable Marengo apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Brookview GlenStudioStudio,1BA$378
1743 Culbertson Ave1 Beds, 1 Baths1BR,1BA$795
Madison Apartments2 Beds, 1 bath2BR,1BA$819

Best Value Apartments for Rent in Marengo, IN and Nearby

As of April 14, 2025 the best value apartment in the Marengo area is the $0.91 price per square foot Two Bedroom Two Bath Model at Sheffield Square in the in the Downtown New Albany neighborhood starting from $1,222. The second greatest value Marengo apartment is the Villas of Heritage Springs Apartments Model at Heritage Springs Rentals starting at $1,200 with a $1.03 price per square foot . Here is today’s list of the best values for Marengo apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Sheffield SquareTwo Bedroom Two Bath2BR,2BA$0.91
Heritage Springs RentalsVillas of Heritage Springs Apartments2BR,2BA$1.03
Bayshore Townhomes3 x 1.5 Pixie C13BR,1.5BA$0.93
Plaza Square Apartments2x12BR,1BA$1.00
Stone Creek Apartments I & II2 Bed 1 Bath2BR,1BA$0.95
High Park Apartments2 Bedroom2BR,1BA$1.02
Madison Apartments2 Beds, 1 bath2BR,1BA$1.02
Broadleaf ArmsOne Bedroom One Bathroom1BR,1BA$1.03
Huntley Ridge New Albany1 Bedroom 1 Bathroom1BR,1BA$1.10
Brookview GlenStudioStudio ,1BA$0.95

Quick Rent Budget Calculator

How much rent can you afford?

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.

decorative image of people with a giant lease agreement

Frequently Asked Questions about Marengo

What type of rentals are currently available in Marengo?

There are currently 44 Apartments for Rent in Marengo, IN with pricing that ranges from $378 to $1,830. There are also 31 Single Family Homes for rent, Condos, and Townhome rentals currently available in Marengo ranging from $795 to $2,200.

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

Today's rental pricing for Homes for Rent, Condos and Townhomes in Marengo ranges from $795 to $2,200 with an average monthly rent of $1,449.

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.

decorative image for Understanding Amenity Fees: Know Where You Might Be Able to Save Money article

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.

decorative image for Renting Smart: Lease Basics Every Renter Needs article

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.

decorative image for Battling the Butts: Your Guide to the Reality of Smoke-Free Renting article

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.

decorative image for How Your Move-In Inspection Can Protect Your Security Deposit  article

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.