
Cheap Apartments for Rent in Amboy, IN from $300 (49 Rentals)
Search the lowest-cost Apartments available for rent right now in Amboy.


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Turtle Creek Apartments

Walnut Manor

Somerset Village

Green Town Apartments

Turtle Creek Kokomo

Somerset Apartments
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

Pechewa Place

The Macy Apartments

1302 W Sycamore St

Pine Manor Apartments

Hilltop Ridge

Kingston Green Apartments

Fox Acres Apartments

Carter West Apartments & Townhouses

Winding Brook 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.

Ashbury Apartments

First Flats

Sycamore Apartments

Bradford Run Apartments

Georgetown Apartments

Park Forest

Wabash River Commons

Fieldcrest Apartments

Brentwood Greene
Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

362 W 5th St

1826 S Goyer Rd

Beckford Place

Senior Living 55+ - Historic Gallatin Square

2930 Albright

Lincolnwood Apartments

371 W 12th St

314 E Walnut St

801 W 10th 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.

809 N Webster St

532 W Mulberry St

Millstone Apartments

Estates At Eagle's Pointe

1708 S Market St

701 E Walnut St

609 W Broadway St

Thomas Jefferson Park

1005 N Lincoln St
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

2501 N Apperson Way

43012 Keesler Ct

1004 E Dixon St

1411 N Courtland Ave
Amboy, IN Local Guide

How much does it cost to rent an apartment in Amboy?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Amboy Studio Apartments | $759 | $695 | $1,100 |
| Amboy 1 Bedroom Apartments | $1,193 | $398 | $1,700 |
| Amboy 2 Bedroom Apartments | $3,473 | $479 | $10,000+ |
| Amboy 3 Bedroom Apartments | $1,250 | $500 | $1,750 |
| Amboy 4 Bedroom Apartments | $885 | $505 | $1,600 |
Browse Top Apartments in Amboy
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Amboy, IN Local Guide
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Cheapest Available Amboy Apartments for Rent and Nearby
 The cheapest available apartment rental in Amboy, IN is a 1 Bed unit found at Apperson Way Apartments priced from $398. Walnut Manor has the second lowest priced unit, which is a Studio apartment currently listed from $699. Here is today’s list of the most affordable Amboy apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Apperson Way Apartments | 1 Bedroom | 1BR,1BA | $398 |
| Walnut Manor | STUDIO | Studio,1BA | $699 |
| Green Town Apartments | One Bd rm | 1BR,1BA | $700 |
| Turtle Creek Kokomo | Spring | Studio,1BA | $715 |
| Pechewa Place | Upstairs 1 Bedroom | 1BR,1BA | $729 |
| The Macy Apartments | Studio Unfurnished | Studio,1BA | $750 |
| Kingston Green Apartments | 1 BEDROOM G | 1BR,1BA | $800 |
| Fox Acres Apartments | 1 Bed Room | 1BR,1BA | $835 |
| Carter West Apartments & Townhouses | 2bed/1bath Partially Renovated | 2BR,1BA | $840 |
| Ashbury Apartments | 1 Bedroom - 1st Floor | 1BR,1BA | $845 |
Best Value Apartments for Rent in Amboy, IN and Nearby
As of June 18, 2026 the best value apartment in the Amboy area is the $0.74 price per square foot Two Bedroom Model at Somerset Apartments in the starting from $913. The second greatest value Amboy apartment is the 3 Bed 2 Bath Model at Union at Washington starting at $1,017 with a $0.88 price per square foot . Here is today’s list of the best values for Amboy apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Somerset Apartments | Two Bedroom | 2BR,1.5BA | $0.74 |
| Union at Washington | 3 Bed 2 Bath | 3BR,2BA | $0.88 |
| Apperson Way Apartments | 3 Bedroom Townhomes | 3BR,2BA | $1.17 |
| Hilltop Ridge | 3 bed Mid Income Qualifying 3 bed | 3BR,1BA | $0.88 |
| Beckford Place | 2 Bedroom | 2BR,1BA | $0.87 |
| Jefferson Crossing Apartments | 2 Bed, 1 Ba TH Renovated | 2BR,1BA | $1.19 |
| Park Forest | 2 Bedroom | 2BR,1BA | $1.06 |
| Carter West Apartments & Townhouses | 2bed/1bath Partially Renovated | 2BR,1BA | $1.09 |
| Fox Acres Apartments | 1 Bed Room | 1BR,1BA | $1.11 |
| The Annex of Kokomo | 2 Bed 2 Bath | 2BR,2BA | $0.73 |
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 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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Amboy, IN Rentals by Map
See the most popular apartments and homes in Amboy, IN
Frequently Asked Questions about Cheap Amboy Apartments
What is the Cheapest Studio apartment in Amboy?
Currently the most affordable Cheap Studio Apartment in Amboy is at Walnut Manor listed at $699.
How much is rent for a Cheap One Bedroom Amboy Apartment?
The lowest price for a Cheap One Bedroom Amboy Apartment is $398 at Apperson Way Apartments.
What is the lowest price for a Cheap Two Bedroom Amboy Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Amboy is starting from $479 at Apperson Way Apartments.
What is the most affordable Amboy Three Bedroom Apartment?
The best deal on a cheap Amboy Three Bedroom Apartment rental is at Apperson Way Apartments and starts from $551.
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

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.