Cheap Apartments for Rent in Waveland, IN from $400 (24 Rentals)

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

Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

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property at 2333 N 14th St

2333 N 14th St

Terre HauteIN47804
property at 1818 Michigan St

1818 Michigan St

CrawfordsvilleIN47933
property at 904 Sloan St

904 Sloan St

CrawfordsvilleIN47933
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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
The Grove1 Bed 1 Bath1BR,1BA$726
The Annex of Terre HauteStudio CStudio,1BA$750

Best Value Apartments for Rent in Waveland, IN and Nearby

As of April 27, 2025 the best value apartment in the Waveland area is the $1.31 price per square foot Forestwood Model at Redwood Danville in the in the Lizton Clayton neighborhood starting from $1,699. 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.
Redwood DanvilleForestwood2BR,2BA$1.31
Cloverdale HeightsStudio, 1 bathStudio ,1BA$1.00
Kise Estates ApartmentsTwo Bedroom2BR,1BA$1.14
LaCabreah ApartmentsDover1BR,1BA$1.27
The Village Quarter2 Bed 1 Bath2BR,1BA$1.19
Historic Walnut SquareTwo Bedroom2BR,1BA$0.85
Ashton Apartments1BR/1.5BA1BR,1.5BA$1.17
The Grove1 Bed 1 Bath1BR,1BA$0.97
The Landings1 Bedroom1BR,1BA$1.22
Union Pointe1 Bedroom1BR,2BA$0.92

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

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See the most popular apartments and homes in Waveland, IN

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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 $700 at Historic Walnut Square.

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.

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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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Rise of Digital Nomads: Remote Work Tips for Apartment Renters

Written by: Brandie Parton

As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.

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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.

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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.