
Cheap Apartments for Rent in Alexandria, IN from $300 (7 Rentals)
Search the lowest-cost Apartments available for rent right now in Alexandria.


Hoosier Woods
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.

River Landing Apartments

Bay Terrace Apartments
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 | $721 | $640 | $900 |
Alexandria 1 Bedroom Apartments | $914 | $250 | $1,800 |
Alexandria 2 Bedroom Apartments | $1,051 | $510 | $1,650 |
Alexandria 3 Bedroom Apartments | $845 | $350 | $1,463 |
Alexandria 4 Bedroom Apartments | $587 | $350 | $1,460 |
Browse Top Apartments in Alexandria
See all Apartments in AlexandriaExplore Alexandria
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 October 23, 2025 the best value apartment in the Alexandria area is the $0.94 price per square foot Townhouse Model at Sun Valley Townhomes in the starting from $1,327. The second greatest value Alexandria apartment is the 2BD/2BA Furnished Premium Model at University Village starting at $809 with a $0.62 price per square foot in the Westacres neighborhood. 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. |
---|---|---|---|
Sun Valley Townhomes | Townhouse | 3BR,2.5BA | $0.94 |
University Village | 2BD/2BA Furnished Premium | 2BR,2BA | $0.62 |
Tin Plate Apartments | 2 Beds, 2 Baths | 2BR,2BA | $1.12 |
Silvertree Communities | Everbrook Townhomes | 2BR,1.5BA | $0.71 |
Hoosier Woods | 2X2 60% | 2BR,2BA | $1.04 |
Yugo Muncie Varsity House | 2 Bed, 2 Bath Renovated | 2BR,2BA | $0.90 |
411 N Sheridan St, Unit .5 | 411 N Sheridan St | 2BR,1BA | $1.16 |
Cedar Ridge Townhomes | The Willow | 2BR,1BA | $1.21 |
Forest Oaks Apartments | 1 Bed 1 Bath (Down) | 1BR,1BA | $1.27 |
The Towers at Southdale Affordable Senior | 1 Bed/ 1 Bath | 1BR,1BA | $0.45 |
Apartment Common Area Rules: What Renters Need to Know
From the lounge to the laundry room, understand your rights and responsibilities in shared apartment spaces. Get tips on pet rules, noise, and security.
Read ArticleDon'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.
Read ArticleThe 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.
Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
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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!
Explore Alexandria, IN Rentals by Map
See the most popular apartments and homes in Alexandria, IN
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 Applegate listed at $640.
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.

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.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!

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.

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.