Cheap Homes for Rent in Preble, IN from $500 (10 Rentals)

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Preble, IN Local Guide

Cheapest Available Preble Apartments for Rent and Nearby

 

The cheapest available apartment rental in Preble, IN is a Studio unit found at Sheridan Court Apartments in the Southwest Fort Wayne neighborhood priced from $535. 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 Preble apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Sheridan Court ApartmentsStudio, 1 bathStudio,1BA$535
The Meridian (Waterloo Gardens)Standard 1 BED | 1 BATH - SM Flat1BR,1BA$550
Villa Capri ApartmentsPrato1BR,1BA$589

Best Value Apartments for Rent in Preble, IN and Nearby

As of April 15, 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 $1,502 with a $1.13 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$1.13
Fairview CourtTwo Bedroom Townhome2BR,1.5BA$0.93
Woodhaven OaksWabash2BR,2BA$1.08
South Bridge ApartmentsTwo Bedroom, One Bath Stackable2BR,1BA$1.09
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
Sheridan Court ApartmentsStudio, 1 bathStudio ,1BA$1.02

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Frequently Asked Questions about Preble

What type of rentals are currently available in Preble?

There are currently 41 Apartments for Rent in Preble, IN with pricing that ranges from $535 to $4,863. There are also 36 Single Family Homes for rent, Condos, and Townhome rentals currently available in Preble ranging from $550 to $2,500.

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

Today's rental pricing for Homes for Rent, Condos and Townhomes in Preble ranges from $550 to $2,500 with an average monthly rent of $1,229.

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

For those who are looking for larger living arrangements, Three Bedroom Apartments in Preble range from $806 to $4,863, while Three Bedroom Homes, Condos, and Townhomes for rent range from $899 to $1,400. Four Bedroom Single-Family rentals are also available starting from $1,250 and Four Bedroom Apartments start at $1,199.

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.

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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.

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.

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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.