Cheap Apartments for Rent in Preble, IN from $500 (61 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
Lifestyle Matching SearchDone
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

Search the lowest-cost Apartments available for rent right now in Preble.

What Exactly Is a Loft Style Apartment?

Apartments come in many varieties. Among these, the so-called ‘Loft Apartment’ usually features higher ceilings, and larger windows, and frequently includes industrial design elements.

Preble, IN Local Guide

Cheapest Available Preble Apartments for Rent and Nearby

 

The cheapest available apartment rental in Preble, IN is a 1 Bed unit found at The Meridian in the Southeast Fort Wayne neighborhood priced from $550. Villa Capri Apartments in the Continential Park neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $589. Here is today’s list of the most affordable Preble apartments for rent:

Apartment ListingModel NameBed/BathPriced From
The MeridianStandard 1 BED | 1 BATH - SM Flat1BR,1BA$550
Villa Capri ApartmentsPrato1BR,1BA$589
Fulton Manor - Utilities IncludedStudioStudio,1BA$615
Emerald Square Apartments & Villas1 Bedroom A1BR,1BA$675
Jackson Manor ApartmentsOne Bedroom1BR,1BA$695
River Pointe TownhomesCozy Corner! Your Perfect 1 Bedroom Apartment!1BR,1BA$699
Black Pine Flats1BR/1BA Classic1BR,1BA$725
Hickory Creek1 Bedroom Flat1BR,1BA$725
Adam & Bruce Senior Housing ApartmentsEfficiencyStudio,1BA$759
Jefferson Place Villas1-Bedroom- Country Squire1BR,1BA$775

Best Value Apartments for Rent in Preble, IN and Nearby

As of March 17, 2025 the best value apartment in the Preble 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 Preble apartment is the 2 Bedroom | Renovated Model at The Village at Wayne Trace Homes starting at $1,450 with a $1.09 price per square foot in the Southeast Fort Wayne neighborhood. Here is today’s list of the best values for Preble apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Coventry Court TownhomesCLA 3BR/2.5BA TH W/Patio3BR,2.5BA$0.93
The Village at Wayne Trace Homes2 Bedroom | Renovated2BR,2BA$1.09
Fairview CourtTwo Bedroom Townhome2BR,1.5BA$0.93
Arbor Lakes ApartmentsCommodore2BR,1BA$1.24
Woodhaven OaksKankakee1BR,1BA$1.16
South Bridge ApartmentsOne Bedroom Stackable1BR,1BA$1.14
Villa Capri ApartmentsPrato1BR,1BA$0.81
Emerald Square Apartments & Villas1 Bedroom A1BR,1BA$1.04
Bluffton Park ApartmentsSpecial Offer with signed lease ONE MONTH FREE!!1BR,1BA$1.24
River Pointe TownhomesCozy Corner! Your Perfect 1 Bedroom Apartment!1BR,1BA$1.18

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

Pet Friendly Lifestyle
Preble, IN

Ranked #103

Among cities in Indiana for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

decorative image of woman handing cat to small boy

Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Preble, IN Rentals by Map

View MapPreble, IN Apartments MapView MapPreble, IN Rental Homes Map

Frequently Asked Questions about Cheap Preble Apartments

What is the Cheapest Studio apartment in Preble?

Currently the most affordable Cheap Studio Apartment in Preble is at Fulton Manor - Utilities Included listed at $615.

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

The lowest price for a Cheap One Bedroom Preble Apartment is $550 at The Meridian.

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

Today's best deal for a Cheap Two Bedroom Apartment in Preble is starting from $703 at Villa Capri Apartments.

What is the most affordable Preble Three Bedroom Apartment?

The best deal on a cheap Preble 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.

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.