Cheap Apartments for Rent in Waveland, IN from $400 (19 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
Lifestyle Matching SearchDone
Learn more about Lifestyle Search
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

property at 1818 Michigan St

1818 Michigan St

CrawfordsvilleIN47933
close
View Me
The Brakeman
Studio to 2 Bedroom Apartments

The Brakeman

230 S Lebanon StLebanon, IN 46052
Showing Results 1-19, Page 1 of 1

Waveland, IN Local Guide

Cheapest Available Waveland Apartments for Rent and Nearby

 

The cheapest available apartment rental in Waveland, IN is a Studio unit found at Brookhaven priced from $525. Union Pointe in the Downtown Terre Haute 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 Waveland apartments for rent:

Apartment ListingModel NameBed/BathPriced From
BrookhavenStudioStudio,1BA$525
Union Pointe1 Bedroom1BR,2BA$550
Historic Walnut SquareTwo Bedroom2BR,1BA$700
NorthwindThe Hickory1BR,1BA$705
The DemingA1BR,1BA$719

Best Value Apartments for Rent in Waveland, IN and Nearby

As of March 21, 2025 the best value apartment in the Waveland area is the $0.86 price per square foot 1611 Ashley Dr Model at 1611 Ashley Dr in the in the Lebanon Whitestown neighborhood starting from $1,729. The second greatest value Waveland apartment is the Studio, 1 bath Model at Cloverdale Heights starting at $1,000 with a $1.00 price per square foot . Here is today’s list of the best values for Waveland apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
1611 Ashley Dr1611 Ashley Dr3BR,2BA$0.86
Cloverdale HeightsStudio, 1 bathStudio ,1BA$1.00
Kise Estates ApartmentsTwo Bedroom2BR,1BA$1.13
LaCabreah ApartmentsDover1BR,1BA$1.24
Ashton Apartments1BR/1.5BA1BR,1.5BA$1.17
Historic Walnut SquareTwo Bedroom2BR,1BA$0.90
The Grove1 Bed 1 Bath1BR,1BA$0.97
Shaker SquareOxford1BR,1BA$1.23
Sycamore Place Apartments2.1 C2BR,1BA$0.80
Union Pointe1 Bedroom1BR,2BA$0.92

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 Waveland, IN Rentals by Map

Decorative image of map

See the most popular apartments and homes in Waveland, IN

View MapWaveland, IN Apartments MapView MapWaveland, IN Rental Homes Map

Getting Around Waveland, IN

Walk Score®

5 / 100

Car-Dependent

Almost all errands require a car

Bike Score®

20 / 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 Waveland Apartments

What is the Cheapest Studio apartment in Waveland?

Currently the most affordable Cheap Studio Apartment in Waveland is at Brookhaven listed at $525.

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

The lowest price for a Cheap One Bedroom Waveland Apartment is $550 at Union Pointe.

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

Today's best deal for a Cheap Two Bedroom Apartment in Waveland is starting from $650 at Union Pointe.

What is the most affordable Waveland Three Bedroom Apartment?

The best deal on a cheap Waveland Three Bedroom Apartment rental is at Brookhaven and starts from $975.

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 What to Know About Fees and Fines When Renting article

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.

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.

decorative image for How Your Move-In Inspection Can Protect Your Security Deposit article

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.