Cheap Apartments for Rent in Winona Lake, IN from $300 (28 Rentals)

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

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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Willow Park at Beyer Farm
1 to 2 Bedroom Apartments

Willow Park at Beyer Farm

675 N Colfax StWarsaw, IN 46580
Senior Living
  • Utilities Included
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North Ridge Apartments
1 to 3 Bedroom Apartments

North Ridge Apartments

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

Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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Little Crow Lofts
2 Bedroom Apartments

Little Crow Lofts

201 S Detroit StWarsaw, IN 46580
  • Utilities Included

Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.

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Winona Lake, IN Local Guide

Cheapest Available Winona Lake Apartments for Rent and Nearby

 

The cheapest available apartment rental in Winona Lake, IN is a 1 Bed unit found at Carriage Place Apartments priced from $740. Centennial Crossing has the second lowest priced unit, which is a 1 Bed apartment currently listed from $845. Here is today’s list of the most affordable Winona Lake apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Carriage Place ApartmentsThe Adams1BR,1BA$740
Centennial CrossingSenior Villa 1x11BR,1BA$845
Welcome to Tippe River Downs1x1 Senior Villa1BR,1BA$899
CedarwoodOne Bedroom1BR,1BA$900
Mallard and HI-TEC Apartments2 Beds, 1 bath2BR,1BA$935
UB LoftsTwo Bedroom2BR,1BA$970
LaFontaine Center Affordable Senior HousingStudioStudio,1BA$990
Hunt Club ApartmentsKentucky Derby - Classic/Upgrade/Reno1BR,1BA$995
Quail Ridge Villas1B 1B Senior-26 plex1BR,1BA$995
The Cottages at Bridgewater (Senior 55+)1 Bedroom1BR,1BA$995

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

As of May 12, 2025 the best value apartment in the Winona Lake area is the $1.36 price per square foot Phase 2 Model at The Villas at County Farm Crossing in the starting from $2,450. The second greatest value Winona Lake apartment is the 3 Bedroom Model at West Hamilton Hamlets starting at $2,000 with a $1.22 price per square foot in the Southwest Fort Wayne neighborhood. Here is today’s list of the best values for Winona Lake apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The Villas at County Farm CrossingPhase 22BR,2BA$1.36
West Hamilton Hamlets3 Bedroom3BR,2.5BA$1.22
Homestead Townhomes3 Bedroom3BR,2.5BA$1.20
Simonson Estates ApartmentsTwo Bedroom One Bathroom2BR,1BA$1.04
Nelson Estates Apartments2Bed_1Bath2BR,1BA$1.11
Briar Ridge Apartments2x2 Briar Ridge APTS2BR,2BA$1.35
Lakeland Villa Apartments2x2 Old2BR,2BA$1.18
Mallard and HI-TEC Apartments2 Beds, 1 bath2BR,1BA$1.04
Centennial CrossingTraditional 1x11BR,1BA$1.36
Carriage Place ApartmentsThe Adams1BR,1BA$1.18

Quick Rent Budget Calculator

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

Explore Winona Lake, IN Rentals by Map

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See the most popular apartments and homes in Winona Lake, IN

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Getting Around Winona Lake, IN

Walk Score®

43 / 100

Car-Dependent

Most errands require a car

Bike Score®

38 / 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 Winona Lake Apartments

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

The lowest price for a Cheap One Bedroom Winona Lake Apartment is $740 at Carriage Place Apartments.

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

Today's best deal for a Cheap Two Bedroom Apartment in Winona Lake is starting from $896 at Carriage Place Apartments.

What is the most affordable Winona Lake Three Bedroom Apartment?

The best deal on a cheap Winona Lake Three Bedroom Apartment rental is at Welcome to Tippe River Downs and starts from $1,595.

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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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

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Navigating the Rental Market: Tips for First-Time Renters

Written by: Sandy Baker

Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.

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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.