Cheap Apartments for Rent in Silver Lake, IN from $600 (58 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 Silver Lake.

close
View Me
North Ridge Apartments
1 to 3 Bedroom Apartments

North Ridge Apartments

718 N State Road 9Columbia City, IN 46725
  • Utilities Included

Silver Lake, IN Local Guide

Cheapest Available Silver Lake Apartments for Rent and Nearby

 

The cheapest available apartment rental in Silver Lake, IN is a 1 Bed unit found at SOMERSET VILLAGE APARTMENTS priced from $690. Millstone Apartments has the second lowest priced unit, which is a 2 Beds apartment currently listed from $756. Here is today’s list of the most affordable Silver Lake apartments for rent:

Apartment ListingModel NameBed/BathPriced From
SOMERSET VILLAGE APARTMENTS1 bed small1BR,1BA$690
Millstone Apartments2 Bed 1 Bath2BR,1BA$756
Bremen Park Apartments2x12BR,1BA$842
Centennial CrossingSenior Villa 1x11BR,1BA$845
Wabash River Commons1B1B TRAD1BR,1BA$845
Mallard and HI-TEC Apartments2 Beds, 1 bath2BR,1BA$935
Quail Ridge VillasAPRIL RENT SPECIALS- 1 Bed 1 Bath Traditional A...1BR,1BA$949
UB LoftsTwo Bedroom2BR,1BA$970
Kuder EstatesTwo Bedroom One Bathroom2BR,1BA$989
Northpointe/Lakepointe Apartment HomesL- 2x12BR,1BA$989

Best Value Apartments for Rent in Silver Lake, IN and Nearby

As of April 16, 2025 the best value apartment in the Silver Lake area is the $1.20 price per square foot 3 Bedroom Model at Homestead Townhomes in the in the Southwest Fort Wayne neighborhood starting from $1,799. The second greatest value Silver Lake apartment is the 2B2B SENIOR Model at Wabash River Commons starting at $1,145 with a $1.18 price per square foot . Here is today’s list of the best values for Silver Lake apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Homestead Townhomes3 Bedroom3BR,2.5BA$1.20
Wabash River Commons2B2B SENIOR2BR,2BA$1.18
Kuder EstatesTwo Bedroom One Bathroom2BR,1BA$1.03
Simonson Estates ApartmentsTwo Bedroom One Bathroom2BR,1BA$1.04
Northpointe/Lakepointe Apartment HomesL- 2x12BR,1BA$1.04
Lakeland Villa Apartments2 x 1 washer/dryer2BR,1BA$1.16
Bremen Park Apartments2 X 2, 1st Floor2BR,2BA$1.21
Carriage Place ApartmentsThe Lincoln - Renovated2BR,1BA$1.05
Mallard and HI-TEC Apartments2 Beds, 1 bath2BR,1BA$1.04
SOMERSET VILLAGE APARTMENTS1 bed small1BR,1BA$1.13

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

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

Explore Silver Lake, IN Rentals by Map

View MapSilver Lake, IN Apartments MapView MapSilver Lake, IN Rental Homes Map

Getting Around Silver Lake, IN

Walk Score®

12 / 100

Car-Dependent

Almost all errands require a car

Bike Score®

26 / 100

Somewhat Bikeable

Minimal bike infrastructure

Frequently Asked Questions about Cheap Silver Lake Apartments

How much is rent for a Cheap One Bedroom Silver Lake Apartment?

The lowest price for a Cheap One Bedroom Silver Lake Apartment is $690 at SOMERSET VILLAGE APARTMENTS.

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

Today's best deal for a Cheap Two Bedroom Apartment in Silver Lake is starting from $756 at Millstone Apartments.

What is the most affordable Silver Lake Three Bedroom Apartment?

The best deal on a cheap Silver Lake Three Bedroom Apartment rental is at Lakeland Villa Apartments and starts from $1,200.

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.