Cheap Homes for Rent in Matthews, IN from $600 (15 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 Matthews.

property at 9901 IN-3

9901 IN-3

MuncieIN47303

Matthews, IN Local Guide

Cheapest Available Matthews Apartments for Rent and Nearby

 

The cheapest available apartment rental in Matthews, IN is a 2 Beds unit found at Historic Gallatin Square priced from $357. University Village in the Westacres neighborhood has the second lowest priced unit, which is a 4 Beds apartment currently listed from $385. Here is today’s list of the most affordable Matthews apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Historic Gallatin SquareTwo Bedroom2BR,1BA$357
University Village4BD/2BA Unfurnished Premium4BR,2BA$385
The Haven4x44BR,4BA$510
Yugo Muncie Varsity House3 Bed, 3 Bath Classic Renovated3BR,3BA$549
River Landing Apartments1 Bed, 1 bath1BR,1BA$600

Best Value Apartments for Rent in Matthews, IN and Nearby

As of March 21, 2025 the best value apartment in the Matthews area is the $0.62 price per square foot 2BD/2BA Furnished Premium Model at University Village in the in the Westacres neighborhood starting from $809. The second greatest value Matthews apartment is the 2BR/1.0BA Model at Granton Place Apartments starting at $850 with a $0.73 price per square foot . Here is today’s list of the best values for Matthews apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
University Village2BD/2BA Furnished Premium2BR,2BA$0.62
Granton Place Apartments2BR/1.0BA2BR,1BA$0.73
Woods Edge2x12BR,1BA$0.94
FIELDCREST APARTMENTS2 bedroom2BR,1BA$0.88
The Latitude2 Bed 2 Bath Apartment - Premium2BR,2BA$1.09
Yugo Muncie Varsity House2 Bed, 2 Bath Renovated2BR,2BA$0.88
6301 W Kilgore Ave1 Bed, 1 Bath1BR,1BA$1.18
123 W 20th St123 W 20th St2BR,1BA$1.18
River Landing Apartments1 Bed, 1 bath1BR,1BA$1.21
Historic Gallatin SquareOne Bedroom1BR,1BA$0.71

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 Matthews

What type of rentals are currently available in Matthews?

There are currently 39 Apartments for Rent in Matthews, IN with pricing that ranges from $357 to $1,800. There are also 34 Single Family Homes for rent, Condos, and Townhome rentals currently available in Matthews ranging from $625 to $21,950.

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

Today's rental pricing for Homes for Rent, Condos and Townhomes in Matthews ranges from $625 to $21,950 with an average monthly rent of $1,488.

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

For those who are looking for larger living arrangements, Three Bedroom Apartments in Matthews range from $539 to $1,433, while Three Bedroom Homes, Condos, and Townhomes for rent range from $750 to $21,950. Four Bedroom Single-Family rentals are also available starting from $1,200 and Four Bedroom Apartments start at $385.

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 What to Know About Fees and Fines When Renting article

What to Know About Fees and Fines When Renting

Written by: Trey Huguley

When it comes to renting a new apartment or home there can be a number of fees that you will want to keep in mind going into the process.

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.