
Cheap Apartments for Rent in Alexandria, IN from $300 (10 Rentals)
Search the lowest-cost Apartments available for rent right now in Alexandria.


River Landing Apartments

Bay Terrace Apartments
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.

Hoosier Woods Apartments

520 Ruddle Ave

411 E 15th St

314 Locust St
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.
Alexandria, IN Local Guide

How much does it cost to rent an apartment in Alexandria?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Alexandria Studio Apartments | $781 | $650 | $900 |
Alexandria 1 Bedroom Apartments | $926 | $250 | $1,800 |
Alexandria 2 Bedroom Apartments | $1,021 | $510 | $1,650 |
Alexandria 3 Bedroom Apartments | $723 | $350 | $1,438 |
Alexandria 4 Bedroom Apartments | $450 | $350 | $550 |
Browse Top Apartments in Alexandria
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Alexandria, IN Local Guide
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Cheapest Available Alexandria Apartments for Rent and Nearby
 The cheapest available apartment rental in Alexandria, IN is a 1 Bed unit found at The Towers at Southdale Affordable Senior priced from $250. The Haven in the Westacres neighborhood has the second lowest priced unit, which is a 4 Beds apartment currently listed from $530. Here is today’s list of the most affordable Alexandria apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
The Towers at Southdale Affordable Senior | 1 Bed/ 1 Bath | 1BR,1BA | $250 |
The Haven | 4x4 | 4BR,4BA | $530 |
Yugo Muncie Varsity House | 3 Bed, 3 Bath Classic Renovated | 3BR,3BA | $569 |
Best Value Apartments for Rent in Alexandria, IN and Nearby
As of September 07, 2025 the best value apartment in the Alexandria area is the $0.62 price per square foot 2BD/2BA Furnished Premium Model at University Village in the in the Westacres neighborhood starting from $809. The second greatest value Alexandria apartment is the 3 Bed 1.5 Bath Model at Four Winds Apartments starting at $1,220 with a $1.11 price per square foot . Here is today’s list of the best values for Alexandria apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
University Village | 2BD/2BA Furnished Premium | 2BR,2BA | $0.62 |
Four Winds Apartments | 3 Bed 1.5 Bath | 3BR,1.5BA | $1.11 |
Tin Plate Apartments | 2 Beds, 2 Baths | 2BR,2BA | $1.12 |
Freedom Acres MHC | The Bay Springs | 2BR,1BA | $1.13 |
Yugo Muncie Varsity House | 2 Bed, 2 Bath Renovated | 2BR,2BA | $0.89 |
Cedar Ridge Townhomes | The Maple | 2BR,1BA | $1.14 |
411 N Sheridan St, Unit .5 | 411 N Sheridan St | 2BR,1BA | $1.16 |
Silvertree Communities | Silvertree 2bd | 2BR,1BA | $0.72 |
109 E 1st St, Unit 109 | 109 E 1st St | 2BR,1BA | $1.13 |
The Towers at Southdale Affordable Senior | 1 Bed/ 1 Bath | 1BR,1BA | $0.45 |
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Best Local Schools in Alexandria, IN
Alexandria-Monroe Intermediate
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
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Getting Around Alexandria, IN
Walk Score®
29 / 100
Car-Dependent
Most errands require a car
Bike Score®
33 / 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 Alexandria Apartments
What is the Cheapest Studio apartment in Alexandria?
Currently the most affordable Cheap Studio Apartment in Alexandria is at Longfellow Plaza Affordable Senior Community listed at $790.
How much is rent for a Cheap One Bedroom Alexandria Apartment?
The lowest price for a Cheap One Bedroom Alexandria Apartment is $250 at The Towers at Southdale Affordable Senior.
What is the lowest price for a Cheap Two Bedroom Alexandria Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Alexandria is starting from $685 at The Haven.
What is the most affordable Alexandria Three Bedroom Apartment?
The best deal on a cheap Alexandria Three Bedroom Apartment rental is at The Haven and starts from $565.
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.

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Written by: Christine Leonard, Esq.
For many people, obstacles can arise during the rental application process for a variety of issues.

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Written by: Christine Leonard, Esq.
Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Written by: Christine Leonard, Esq.
Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.

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.