Cheap Apartments for Rent in Roanoke, IN from $500 (16 Rentals)

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

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Roanoke, IN Local Guide

Cheapest Neighborhoods for Apartments in Roanoke, IN

Pricing Updated: 02/15/2025

Current apartment rentals in the Roanoke, IN area range in price from to with an overall median price of . Here is today’s list neighborhoods with the lowest median pricing for Roanoke Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Azbury Park$1,799$9661074

Cheapest Available Roanoke Apartments for Rent and Nearby

 

The cheapest available apartment rental in Roanoke, IN is a 1 Bed unit found at Villa Capri Apartments in the Continential Park neighborhood priced from $589. UB Lofts has the second lowest priced unit, which is a Studio apartment currently listed from $680. Here is today’s list of the most affordable Roanoke apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Villa Capri ApartmentsPrato1BR,1BA$589
UB LoftsStudioStudio,1BA$680
Poplar Ridge ApartmentsPoplar Flats Studio ApartmentStudio,1BA$690
Hickory Creek1 Bedroom Flat1BR,1BA$725
Black Pine Flats1BR/1BA Classic1BR,1BA$725

Best Value Apartments for Rent in Roanoke, IN and Nearby

As of February 15, 2025 the best value apartment in the Roanoke area is the $0.88 price per square foot CLA 2BR/2.5BA Townhome Model at Coventry Court Townhomes in the in the Southwest Fort Wayne neighborhood starting from $1,175. The second greatest value Roanoke apartment is the Two Bedroom Townhome Model at Fairview Court starting at $975 with a $0.89 price per square foot in the Southwest Fort Wayne neighborhood. Here is today’s list of the best values for Roanoke apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Coventry Court TownhomesCLA 2BR/2.5BA Townhome2BR,2.5BA$0.88
Fairview CourtTwo Bedroom Townhome2BR,1.5BA$0.89
Woodhaven OaksTippecanoe2BR,2BA$1.17
Coral Club Apartments2BD - 1.5B2BR,1.5BA$1.23
South Bridge ApartmentsTwo Bedroom, One & One Half Bath Seville2BR,1.5BA$1.18
Liberty Mills ApartmentsOne Bedroom1BR,1BA$1.18
Jefferson Place Villas2- Bedrooom- Country Squire2BR,1BA$1.17
Villa Capri ApartmentsPrato1BR,1BA$0.81
Willow Creek CrossingThe East Wind1BR,1BA$1.17
Hickory Creek1 Bedroom Flat1BR,1BA$1.26

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

Explore Roanoke, IN Rentals by Map

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See the most popular apartments and homes in Roanoke, IN

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Getting Around Roanoke, IN

Walk Score®

14 / 100

Car-Dependent

Almost all errands require a car

Bike Score®

29 / 100

Somewhat Bikeable

Minimal bike infrastructure

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

Frequently Asked Questions about Cheap Roanoke Apartments

What is the Cheapest Studio apartment in Roanoke?

Currently the most affordable Cheap Studio Apartment in Roanoke is at UB Lofts listed at $680.

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

The lowest price for a Cheap One Bedroom Roanoke Apartment is $589 at Villa Capri Apartments.

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

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

What is the most affordable Roanoke Three Bedroom Apartment?

The best deal on a cheap Roanoke 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.

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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.

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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.

decorative image for Signing Your Apartment Lease: The Basics article

Signing Your Apartment Lease: The Basics

Written by: Trey Huguley

When you're about to sign a lease for the first time, it can feel a bit overwhelming. You don’t want to miss any important details hidden in the fine print.