Cheap Homes for Rent in Rensselaer, IN from $1,400 (16 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 Rensselaer.

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.

Read Article
Showing Results 1-16, Page 1 of 1

Rensselaer, IN Local Guide

Cheapest Available Rensselaer Apartments for Rent and Nearby

 

The cheapest available apartment rental in Rensselaer, IN is a 2 Beds unit found at Wabash Lofts priced from $929. Stratford II in the Downtown West Lafaytte neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,050. Here is today’s list of the most affordable Rensselaer apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Wabash Lofts2x22BR,2BA$929
Stratford II0BR/1.0BAStudio,1BA$1,050
2100 N Main St1 Bed 1 Bath1BR,1BA$1,125
Huntington Cove ApartmentsA21BR,1BA$1,192
Blackbird FarmsBlackbird Farms III - 1 Bedroom 1 Bath1BR,1BA$1,224

Best Value Apartments for Rent in Rensselaer, IN and Nearby

As of April 18, 2025 the best value apartment in the Rensselaer area is the $1.75 price per square foot Devonwood Garage Model at Prairie Point Apartments in the in the Chapel Manor neighborhood starting from $1,795. The second greatest value Rensselaer apartment is the Campolina - 2 Bedroom Model at Cheswick Villiage starting at $1,450 with a $1.45 price per square foot . Here is today’s list of the best values for Rensselaer apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Prairie Point ApartmentsDevonwood Garage2BR,2BA$1.75
Cheswick VilliageCampolina - 2 Bedroom2BR,1BA$1.45
Cypress Pointe2 Bedroom, 1 Bath - Renovated2BR,1BA$1.77
WestRidge FlatsB12BR,2BA$1.75
Salem Courthouse2.12BR,1BA$1.56
2100 N Main St1 Bed 1 Bath1BR,1BA$1.50
Fountain View Apartments1BR / 1BA1BR,1BA$1.67
Vita Luxury Apartments On GrantA1BR,1BA$1.71
Huntington Cove ApartmentsA21BR,1BA$1.65
Revive 3182 Bedroom 1 Bath2BR,1BA$1.78

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 Rensselaer

What type of rentals are currently available in Rensselaer?

There are currently 63 Apartments for Rent in Rensselaer, IN with pricing that ranges from $705 to $5,066. There are also 39 Single Family Homes for rent, Condos, and Townhome rentals currently available in Rensselaer ranging from $1,450 to $4,500.

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

Today's rental pricing for Homes for Rent, Condos and Townhomes in Rensselaer ranges from $1,450 to $4,500 with an average monthly rent of $2,373.

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

For those who are looking for larger living arrangements, Three Bedroom Apartments in Rensselaer range from $705 to $5,066, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,600 to $4,500. Four Bedroom Single-Family rentals are also available starting from $1,700 and Four Bedroom Apartments start at $1,109.

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 Know Your Rights - How Discrimination Laws Impact Landlords and Tenants article

Know Your Rights - How Discrimination Laws Impact Landlords and 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.

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.