
Cheap Homes for Rent in Alexandria, IN from $500 (6 Rentals)
Search the lowest-cost Homes available for rent right now in Alexandria.


411 E 15th St

314 Locust St
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.

309.5 Central Ave

278 W 375 N

1330 W 6th 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 a home in Alexandria?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Alexandria 2 Bedroom Homes for Rent | $1,461 | $1,195 | $1,750 |
Alexandria 3 Bedroom Homes for Rent | $1,561 | $800 | $2,515 |
Alexandria 4 Bedroom Homes for Rent | $1,733 | $1,200 | $2,500 |
Alexandria 5 Bedroom Homes for Rent | $1,200 | $650 | $1,750 |
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 |
Best Value Apartments for Rent in Alexandria, IN and Nearby
As of September 10, 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 3x1.5 R Model at Canterbury Townhomes starting at $1,438 with a $1.11 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. |
---|---|---|---|
University Village | 2BD/2BA Furnished Premium | 2BR,2BA | $0.62 |
Canterbury Townhomes | 3x1.5 R | 3BR,1.5BA | $1.11 |
Freedom Acres MHC | The Pulse 7216 | 3BR,2BA | $1.08 |
Tin Plate Apartments | 2 Beds, 2 Baths | 2BR,2BA | $1.12 |
Yugo Muncie Varsity House | 2 Bed, 2 Bath Renovated | 2BR,2BA | $0.89 |
Silvertree Communities | Silvertree 2bd | 2BR,1BA | $0.72 |
411 N Sheridan St, Unit .5 | 411 N Sheridan St | 2BR,1BA | $1.16 |
109 E 1st St, Unit 109 | 109 E 1st St | 2BR,1BA | $1.13 |
6301 W Kilgore Ave | 1 Bed, 1 Bath | 1BR,1BA | $1.18 |
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!
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 49 Apartments for Rent in Alexandria, IN with pricing that ranges from $250 to $1,800. There are also 35 Single Family Homes for rent, Condos, and Townhome rentals currently available in Alexandria ranging from $525 to $2,515.
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 $525 to $2,515 with an average monthly rent of $1,324.
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 $1,438, while Three Bedroom Homes, Condos, and Townhomes for rent range from $800 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.

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.

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.