
Cheap Homes for Rent in Alamo, IN from $500 (15 Rentals)
Search the lowest-cost Homes available for rent right now in Alamo.


509 S 5th St

201 E Pike St

2000 Indianapolis Rd

1818 Michigan St

110 State St

811 N 7th St

1540 N 9th St

306 Meadow Ave

900 Sloan St

23 Minnesota Ave

2836 Plaza Ln

12 S Virginia Ave

1249 S 7th St

220 State St
Alamo, IN Local Guide

How much does it cost to rent a home in Alamo?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Alamo 2 Bedroom Homes for Rent | $1,011 | $550 | $1,550 |
Alamo 3 Bedroom Homes for Rent | $1,558 | $850 | $3,500 |
Alamo 4 Bedroom Homes for Rent | $2,637 | $1,775 | $3,500 |
Browse Top Homes for Rent in Alamo
Explore Alamo
Alamo, IN Local Guide
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
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 $726. Here is today’s list of the most affordable Alamo apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Brookhaven | Studio | Studio,1BA | $525 |
The Grove | 1 Bed 1 Bath | 1BR,1BA | $726 |
Downtown Lafayette Living! | Studio | 1BR,1BA | $795 |
Pheasant Run | The Dove 2 BR 1 BA | 2BR,1BA | $966 |
Winfield Farms - Garages Available | 1 Bedroom | 1BR,1BA | $975 |
Best Value Apartments for Rent in Alamo, IN and Nearby
As of July 15, 2025 the best value apartment in the Alamo area is the $1.45 price per square foot 3 Bedroom 2.5 Bathroom The Bennet Model at Honor Meadows Owner LLC in the in the Lebanon Whitestown neighborhood starting from $2,350. The second greatest value Alamo apartment is the Grand - Garage Included Model at Avalon Bluffs starting at $2,200 with a $1.39 price per square foot . Here is today’s list of the best values for Alamo apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Honor Meadows Owner LLC | 3 Bedroom 2.5 Bathroom The Bennet | 3BR,2.5BA | $1.45 |
Avalon Bluffs | Grand - Garage Included | 3BR,2BA | $1.39 |
Nova | 2BR/2.0BA | 2BR,2BA | $1.52 |
Kise Estates Apartments | Two Bedroom | 2BR,1BA | $1.20 |
Southridge Commons | B1 | 2BR,2BA | $1.32 |
Cypress Square | 2BD/1BA | 2BR,1BA | $1.30 |
Cross Winds Apartments | 1x1 800 Sq Ft | 1BR,1BA | $1.25 |
The Grove | 1 Bed 1 Bath | 1BR,1BA | $0.97 |
Pheasant Run | The Dove 2 BR 1 BA | 2BR,1BA | $1.42 |
Winfield Farms - Garages Available | 1 Bedroom | 1BR,1BA | $1.49 |
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.
Frequently Asked Questions about Alamo
What type of rentals are currently available in Alamo?
There are currently 47 Apartments for Rent in Alamo, IN with pricing that ranges from $525 to $2,993. There are also 39 Single Family Homes for rent, Condos, and Townhome rentals currently available in Alamo ranging from $525 to $3,500.
What is the current price range for Rental Homes in Alamo?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Alamo ranges from $525 to $3,500 with an average monthly rent of $1,501.
How much are larger Three and Four Bedroom Rentals in Alamo?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Alamo range from $975 to $2,499, while Three Bedroom Homes, Condos, and Townhomes for rent range from $850 to $3,500. Four Bedroom Single-Family rentals are also available starting from $1,775 and Four Bedroom Apartments start at $1,295.
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.

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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.

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.