Cheap Apartments for Rent in Silver Lake, IN from $600 (58 Rentals)
Search the lowest-cost Apartments available for rent right now in Silver Lake.

SOMERSET VILLAGE APARTMENTS

Millstone Apartments

Northpointe/Lakepointe Apartment Homes

Mallard and HI-TEC Apartments

Bremen Park Apartments

Centennial Crossing

Welcome to Tippe River Downs

The 2525

CLEAR CREEK APARTMENTS

Carriage Place Apartments

Quail Ridge Villas

Reserve at Norwood Apartment Homes

Simonson Estates Apartments

LaFontaine Center Affordable Senior Housing

The Cottages at Bridgewater (Senior 55+)

Liberty Mills Apartments

Willows of Coventry

Lakeland Villa Apartments

1706 Tippecanoe Dr

1710 Tippecanoe Dr

221 Columbia St

1614 Tippecanoe Dr

7727 W Beachwood Ave

3451 W 100 S

1606 Tippecanoe Dr

1017 E Ft Wayne St

494 N Wabash St

4614 E Old Trail Rd

501 W Jefferson St

501 S Washington St

1025 N Lincoln St

1224 Chanute Ave

35021 Altus Ct

1237 Chanute Ave

1232 Chanute Ave

1253 Chanute Ave

1231 Chanute Ave

1226 Chanute Ave

1021 N Lincoln St

502 Chinworth Ct

310 S Washington St

411 Parker St
Silver Lake, IN Local Guide

How much does it cost to rent an apartment in Silver Lake?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Silver Lake Studio Apartments | $745 | $680 | $990 |
Silver Lake 1 Bedroom Apartments | $967 | $690 | $1,427 |
Silver Lake 2 Bedroom Apartments | $1,202 | $756 | $2,815 |
Silver Lake 3 Bedroom Apartments | $1,687 | $900 | $2,316 |
Silver Lake 4 Bedroom Apartments | $1,914 | $1,408 | $2,420 |
Browse Top Apartments in Silver Lake
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Silver Lake, IN Local Guide
- Nearby Cities
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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 Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
SOMERSET VILLAGE APARTMENTS | 1 bed small | 1BR,1BA | $690 |
Millstone Apartments | 2 Bed 1 Bath | 2BR,1BA | $756 |
Bremen Park Apartments | 2x1 | 2BR,1BA | $842 |
Centennial Crossing | Senior Villa 1x1 | 1BR,1BA | $845 |
Wabash River Commons | 1B1B TRAD | 1BR,1BA | $845 |
Mallard and HI-TEC Apartments | 2 Beds, 1 bath | 2BR,1BA | $935 |
Quail Ridge Villas | APRIL RENT SPECIALS- 1 Bed 1 Bath Traditional A... | 1BR,1BA | $949 |
UB Lofts | Two Bedroom | 2BR,1BA | $970 |
Kuder Estates | Two Bedroom One Bathroom | 2BR,1BA | $989 |
Northpointe/Lakepointe Apartment Homes | L- 2x1 | 2BR,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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Homestead Townhomes | 3 Bedroom | 3BR,2.5BA | $1.20 |
Wabash River Commons | 2B2B SENIOR | 2BR,2BA | $1.18 |
Kuder Estates | Two Bedroom One Bathroom | 2BR,1BA | $1.03 |
Simonson Estates Apartments | Two Bedroom One Bathroom | 2BR,1BA | $1.04 |
Northpointe/Lakepointe Apartment Homes | L- 2x1 | 2BR,1BA | $1.04 |
Lakeland Villa Apartments | 2 x 1 washer/dryer | 2BR,1BA | $1.16 |
Bremen Park Apartments | 2 X 2, 1st Floor | 2BR,2BA | $1.21 |
Carriage Place Apartments | The Lincoln - Renovated | 2BR,1BA | $1.05 |
Mallard and HI-TEC Apartments | 2 Beds, 1 bath | 2BR,1BA | $1.04 |
SOMERSET VILLAGE APARTMENTS | 1 bed small | 1BR,1BA | $1.13 |
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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
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 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.

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.

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.

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.

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.