
Cheap Homes for Rent in Alexandria, IN from $650 (12 Rentals)
Search the lowest-cost Homes available for rent right now in Alexandria.


309.5 Central Ave

332 W 6th St

420 E 14th St

223 E 11th St

204 1/2 W Washington St
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

1022 W 1st St

1807 Raible Ave

400 N Anderson St

1631 W 7th St

420 W 25th St

1614 W 18th St
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.
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 | $1,070 | $650 | $2,100 |
| Alexandria 3 Bedroom Homes for Rent | $1,455 | $900 | $2,250 |
| Alexandria 5 Bedroom Homes for Rent | $2,085 | $2,085 | $2,085 |
Browse Top Homes for Rent in Alexandria
Explore Alexandria
Alexandria, IN Local Guide
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Best Value Homes for Rent in Alexandria, IN and Nearby
As of September 19, 2026 the best value rental home in the Alexandria area is the $0.56 price per square foot 10899 N Ross St Model at 10899 N Ross St starting from $1,250. The second greatest value Alexandria rental home is the 1411 N Park Ave Model at 1411 N Park Ave starting at $1,050 with a $1.07 price per square foot. Here is today’s list of the best values for Alexandria homes based on price per square foot:
| Home Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 10899 N Ross St | 10899 N Ross St | 3BR, 2BA | $0.56 |
| 1411 N Park Ave | 1411 N Park Ave | 2BR, 2BA | $1.07 |
Don'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 ArticleNavigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
Read ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
Read ArticleQuick 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.
Best Local Schools in Alexandria, IN
Alexandria-Monroe Junior/Senior School
Alexandria-Monroe Elementary School
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 55 Apartments for Rent in Alexandria, IN with pricing that ranges from $250 to $1,875. There are also 44 Single Family Homes for rent, Condos, and Townhome rentals currently available in Alexandria ranging from $650 to $2,250.
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 $650 to $2,250 with an average monthly rent of $1,189.
Expert Rental Resources
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.
Articles, How-To's, and Tips

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

How Commercial-to-Residential Property Conversions Help the Housing Crisis
Written by: Robin Stewart
Many housing markets throughout America share a common complaint: a lack of affordable rental properties.

Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
Written by: Robin Stewart
Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.