Cheap Apartments for Rent in Waveland, IN from $400 (20 Rentals)

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

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The Brakeman
Studio to 2 Bedroom Apartments

The Brakeman

230 S Lebanon StLebanon, IN 46052
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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 AStudio,1BA$745

Best Value Apartments for Rent in Waveland, IN and Nearby

As of February 28, 2025 the best value apartment in the Waveland area is the $1.23 price per square foot 4BR/4.0BA Model at Ashton Apartments in the starting from $1,850. The second greatest value Waveland apartment is the Forestwood Model at Redwood Danville starting at $1,703 with a $1.32 price per square foot in the Lizton Clayton neighborhood. 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.
Ashton Apartments4BR/4.0BA4BR,4BA$1.23
Redwood DanvilleForestwood2BR,2BA$1.32
Cloverdale HeightsStudio, 1 bathStudio ,1BA$1.00
LaCabreah ApartmentsChurchill2BR,1BA$1.19
Heritage TrailOne Bedroom Apartment1BR,1BA$1.29
Historic Walnut SquareTwo Bedroom2BR,1BA$0.90
The Grove1 Bed 1 Bath1BR,1BA$0.97
Indian Springs Apartments1 Bed, 1 bath1BR,1BA$1.11
Sycamore Place Apartments2.1 C2BR,1BA$0.80
Union Pointe1 Bedroom1BR,2BA$0.92

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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 $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.

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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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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.

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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.