Cheap Apartments for Rent in Amboy, IN from $300 (50 Rentals)

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Search the lowest-cost Apartments available for rent right now in Amboy.

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.

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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.

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Brentwood Greene
1 to 2 Bedroom Apartments

Brentwood Greene

1534 Dodge StKokomo, IN 46902
Senior Living
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Beckford Place
Studio to 2 Bedroom Apartments

Beckford Place

1315 N Beckford PlMarion, IN 46952
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2930 Albright
1 to 2 Bedroom Apartments

2930 Albright

2930 Albright RdKokomo, IN 46902
Corporate Housing
  • Utilities Included

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.

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Lincolnwood Apartments
1 to 4 Bedroom Apartments

Lincolnwood Apartments

2101 Mark LnKokomo, IN 46902
  • Utilities Included
  • Smoke Free
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Holly Apartments
1 Bedroom Apartments

Holly Apartments

1826 S Goyer RdKokomo, IN 46902

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.

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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.

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Amboy, IN Local Guide

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 ListingModel NameBed/BathPriced From
Apperson Way Apartments1 Bedroom1BR,1BA$398
Walnut ManorSTUDIOStudio,1BA$699
Green Town ApartmentsOne Bd rm1BR,1BA$700
Bradford Run ApartmentsRedbud1BR,1BA$711
Turtle Creek KokomoSpringStudio,1BA$715
Pechewa PlaceUpstairs 1 Bedroom1BR,1BA$729
The Macy ApartmentsStudio UnfurnishedStudio,1BA$750
Kingston Green Apartments1 BEDROOM G1BR,1BA$800
Fox Acres Apartments1 Bed Room1BR,1BA$835
First Flats2bed/1bath Partially Renovated2BR,1BA$850

Best Value Apartments for Rent in Amboy, IN and Nearby

As of July 02, 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 ListingModel NameBed/BathPrice Per Sq.Ft.
Somerset ApartmentsTwo Bedroom2BR,1.5BA$0.74
Union at Washington3 Bed 2 Bath3BR,2BA$0.88
Hilltop Ridge3 bed Mid Income Qualifying 3 bed3BR,1BA$0.88
Millstone Apartments2 bedroom 1 bath2BR,1BA$0.87
Jefferson Crossing Apartments2 Bed, 1 Ba TH Renovated2BR,1BA$1.07
Ashbury Apartments2 Bedroom- 1st floor2BR,1BA$1.06
MAPLE CREST2x1WD2BR,1BA$1.04
Park Forest2 Bedroom2BR,1BA$1.12
Fox Acres Apartments1 Bed Room1BR,1BA$1.11
The Annex of Kokomo2 Bed 2 Bath2BR,2BA$0.77

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.

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Real 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.

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Quick 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.

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Amboy, IN Rentals by Map

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See the most popular apartments and homes in Amboy, IN

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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

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

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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.

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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.