Cheap Apartments for Rent in Alamo, IN from $400 (32 Rentals)

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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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CNC Leasing Group
Studio to 1 Bedroom Apartments

CNC Leasing Group

1402 Alabama StLafayette, IN 47905

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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2803 S. Beck Lane
Studio to 1 Bedroom Apartments

2803 S. Beck Lane

2803-2807 Beck LnLafayette, IN 47909
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  • Utilities Included
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The Vintage
Studio Apartments

The Vintage

230 S Grant StWest Lafayette, IN 47906
Student Housing

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

Alamo, IN Local Guide

Cheapest Available Alamo Apartments for Rent and Nearby

 

The cheapest available apartment rental in Alamo, IN is a Studio unit found at Brookhaven priced from $525. The Grove has the second lowest priced unit, which is a 1 Bed apartment currently listed from $783. Here is today’s list of the most affordable Alamo apartments for rent:

Apartment ListingModel NameBed/BathPriced From
BrookhavenStudioStudio,1BA$525
The Grove1BR1BR,1BA$783
Pheasant RunThe Pheasant 1 BR 1 BA1BR,1BA$854
Anvil 38 ApartmentsSAStudio,1BA$867
Southridge CommonsS1Studio,1BA$895
Cloverdale Heights2 bedroom townhome2BR,1BA$900
Townhomes on Main3x2-50%3BR,2BA$927
Winfield Farms - Garages Available1 Bedroom1BR,1BA$975
Deerfield Commons ApartmentsDigby1BR,1BA$995
Twyckenham ApartmentsOne bedroom1BR,1BA$995

Best Value Apartments for Rent in Alamo, IN and Nearby

As of December 12, 2025 the best value apartment in the Alamo area is the $1.39 price per square foot Grand Model at Avalon Bluffs in the starting from $2,200. The second greatest value Alamo apartment is the 3x2-80% Model at Townhomes on Main starting at $1,205 with a $0.81 price per square foot . Here is today’s list of the best values for Alamo apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Avalon BluffsGrand3BR,2BA$1.39
Townhomes on Main3x2-80%3BR,2BA$0.81
Shadeland Estates(Clayton) Shadeland Estates New Large Homes 3bd...3BR,2BA$0.97
Sagamore Winds Apartments2 Bed/2 Bath B2BR,2BA$1.40
Historic Lahr Apartments2.1 V2BR,1BA$1.41
Cloverdale Heights2 bedroom townhome2BR,1.5BA$0.94
Kise Estates ApartmentsTwo Bedroom2BR,1BA$1.24
Cross Winds Apartments1x1 800 Sq Ft1BR,1BA$1.25
The Harbor at Southaven1BR/1BA1BR,1BA$1.40
The Grove2BR2BR,1BA$1.30

Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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Quick Rent Budget Calculator

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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.

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Pet Friendly Lifestyle
Alamo, IN

Ranked #93

Among cities in Indiana for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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

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Frequently Asked Questions about Cheap Alamo Apartments

What is the Cheapest Studio apartment in Alamo?

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

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

The lowest price for a Cheap One Bedroom Alamo Apartment is $650 at Brookhaven.

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

Today's best deal for a Cheap Two Bedroom Apartment in Alamo is starting from $725 at Brookhaven.

What is the most affordable Alamo Three Bedroom Apartment?

The best deal on a cheap Alamo Three Bedroom Apartment rental is at Townhomes on Main and starts from $927.

Expert Rental Resources

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.

Articles, How-To's, and Tips

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.