
Cheap Apartments for Rent in Petroleum, IN from $300 (29 Rentals)
Search the lowest-cost Apartments available for rent right now in Petroleum.


BECKFORD PLACE APARTMENTS

The Meridian (Waterloo Gardens)

Villa Capri Apartments

Bridgedale Terrace Apartments

Thomas Jefferson Park

Somerset Apartments

Emerald Square Apartments & Villas

Waynedale Village Apartments
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

Turtle Creek Apartments

South Bridge Apartments

Black Pine Flats

Carriage Place Apartments

123 W 20th St

Hickory Creek

Adam & Bruce Senior Housing Apartments

Willow Creek Crossing
Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

Bluffton Park Apartments

2516 S Washington St

805 N Washington St

201 S 2nd St

202 N Meridian St

1515 S Miller Ave

426 1/2 E Market St

104 W High St
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.

1711 W 4th St
Petroleum, IN Local Guide

How much does it cost to rent an apartment in Petroleum?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Petroleum Studio Apartments | $727 | $525 | $990 |
Petroleum 1 Bedroom Apartments | $908 | $357 | $1,375 |
Petroleum 2 Bedroom Apartments | $1,093 | $650 | $1,750 |
Petroleum 3 Bedroom Apartments | $1,162 | $800 | $1,799 |
Petroleum 4 Bedroom Apartments | $1,685 | $1,685 | $1,685 |
Browse Top Apartments in Petroleum
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Petroleum, IN Local Guide
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Cheapest Available Petroleum Apartments for Rent and Nearby
 The cheapest available apartment rental in Petroleum, IN is a 2 Beds unit found at Historic Gallatin Square priced from $357. The Meridian (Waterloo Gardens) in the Southeast Fort Wayne neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $550. Here is today’s list of the most affordable Petroleum apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Historic Gallatin Square | Two Bedroom | 2BR,1BA | $357 |
The Meridian (Waterloo Gardens) | Standard 1 BED | 1 BATH - SM Flat | 1BR,1BA | $550 |
Villa Capri Apartments | Prato | 1BR,1BA | $589 |
Emerald Square Apartments & Villas | 1 Bedroom A | 1BR,1BA | $675 |
Waynedale Village Apartments | Studio | Studio,1BA | $679 |
Turtle Creek Apartments | Studio | Studio,1BA | $695 |
Black Pine Flats | 1BR/1BA Classic | 1BR,1BA | $725 |
Carriage Place Apartments | The Adams | 1BR,1BA | $740 |
Adam & Bruce Senior Housing Apartments | Efficiency | Studio,1BA | $759 |
Bluffton Park Apartments | Special Offer with signed lease ONE MONTH FREE!! | 1BR,1BA | $800 |
Best Value Apartments for Rent in Petroleum, IN and Nearby
As of May 15, 2025 the best value apartment in the Petroleum area is the $0.93 price per square foot CLA 3BR/2.5BA TH W/Patio Model at Coventry Court Townhomes in the in the Southwest Fort Wayne neighborhood starting from $1,450. The second greatest value Petroleum apartment is the Two Bedroom Townhome Model at Fairview Court starting at $1,025 with a $0.93 price per square foot in the Southwest Fort Wayne neighborhood. Here is today’s list of the best values for Petroleum apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Coventry Court Townhomes | CLA 3BR/2.5BA TH W/Patio | 3BR,2.5BA | $0.93 |
Fairview Court | Two Bedroom Townhome | 2BR,1.5BA | $0.93 |
Woodhaven Oaks | Wabash | 2BR,2BA | $1.08 |
Granton Place Apartments | 2 bedroom Flats | 2BR,1BA | $0.86 |
FIELDCREST APARTMENTS | 2 bedroom | 2BR,1BA | $0.88 |
OAK TERRACE APARTMENTS | 2 bedroom 1.5 bath townhome | 2BR,1.5BA | $1.01 |
South Bridge Apartments | Two Bedroom One Bath Stackable Washer/Dryer | 2BR,1BA | $1.08 |
Villa Capri Apartments | Prato | 1BR,1BA | $0.81 |
Emerald Square Apartments & Villas | 1 Bedroom A | 1BR,1BA | $1.04 |
Historic Gallatin Square | One Bedroom | 1BR,1BA | $0.71 |
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Remember the 3 Rules of Real Estate:Location, Location, Location!
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Frequently Asked Questions about Cheap Petroleum Apartments
What is the Cheapest Studio apartment in Petroleum?
Currently the most affordable Cheap Studio Apartment in Petroleum is at Waynedale Village Apartments listed at $679.
How much is rent for a Cheap One Bedroom Petroleum Apartment?
The lowest price for a Cheap One Bedroom Petroleum Apartment is $357 at Historic Gallatin Square.
What is the lowest price for a Cheap Two Bedroom Petroleum Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Petroleum is starting from $357 at Historic Gallatin Square.
What is the most affordable Petroleum Three Bedroom Apartment?
The best deal on a cheap Petroleum Three Bedroom Apartment rental is at Villa Capri Apartments and starts from $806.
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.

Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

Navigating the Rental Market: Tips for First-Time Renters
Written by: Sandy Baker
Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.

Rise of Digital Nomads: Remote Work Tips for Apartment Renters
Written by: Brandie Parton
As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.