
Cheap Homes for Rent in Alexandria, IN from $700 (13 Rentals)
Search the lowest-cost Homes available for rent right now in Alexandria.


605 W Jefferson St

605 E 5th St

278 W 375 N
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.

21 W 8th St

702 W Adams St

102 N Main St

811 W 4th 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.

824 W 4th St
Alexandria, IN Local Guide

How much does it cost to rent a home in Alexandria?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Alexandria 2 Bedroom Homes for Rent | $1,199 | $950 | $1,550 |
| Alexandria 3 Bedroom Homes for Rent | $1,574 | $790 | $2,515 |
| Alexandria 4 Bedroom Homes for Rent | $1,200 | $1,200 | $1,200 |
| Alexandria 6 Bedroom Homes for Rent | $3,800 | $3,800 | $3,800 |
Browse Top Homes for Rent in Alexandria
Explore 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 |
| Applegate | Studio | Studio,1BA | $640 |
| The Cedars | The Cedars - Large 1 Bed/1 Bath Remodeled - $20... | 1BR,1BA | $749 |
Best Value Apartments for Rent in Alexandria, IN and Nearby
As of October 26, 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 |
| Four Winds Apartments | 2 Bed 1.5 Bath | 2BR,1.5BA | $1.16 |
| Hoosier Woods | 2X2 60% | 2BR,2BA | $0.99 |
| Yugo Muncie Varsity House | 2 Bed, 2 Bath Renovated | 2BR,2BA | $0.90 |
| Silvertree Communities | Silvertree 2bd | 2BR,1BA | $0.66 |
| 411 N Sheridan St, Unit .5 | 411 N Sheridan St | 2BR,1BA | $1.16 |
| Cedar Ridge Townhomes | The Willow | 2BR,1BA | $1.21 |
| 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
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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
Frequently Asked Questions about Alexandria
What type of rentals are currently available in Alexandria?
There are currently 52 Apartments for Rent in Alexandria, IN with pricing that ranges from $250 to $1,837. There are also 39 Single Family Homes for rent, Condos, and Townhome rentals currently available in Alexandria ranging from $745 to $3,800.
What is the current price range for Rental Homes in Alexandria?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Alexandria ranges from $745 to $3,800 with an average monthly rent of $1,560.
How much are larger Three and Four Bedroom Rentals in Alexandria?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Alexandria range from $350 to $1,837, while Three Bedroom Homes, Condos, and Townhomes for rent range from $790 to $2,515. Four Bedroom Single-Family rentals are also available starting from $1,200 and Four Bedroom Apartments start at $350.
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.



