Cheap Apartments for Rent in Arcola, IN from $500 (37 Rentals)

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

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Three Rivers Apartments
Rent Specials
$799 - $3,499
Total Monthly Price

Total Monthly Price

Base Rent
$676 - $3,376
Required Monthly Fees
$123
Total Monthly Price
$799 - $3,499
Studio to 4 Bedroom Apartments Available Now

Three Rivers Apartments

101 Three RiversFort Wayne, IN 46802
Furnished
  • Verified
  • Customer Reviewed
  • 3D Tour

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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Willows of Coventry
$965 - $1,350
Total Monthly Price

Total Monthly Price

Base Rent
$905 - $1,290
Required Monthly Fees
$60
Total Monthly Price
$965 - $1,350
1 to 2 Bedroom Apartments Available Now

Willows of Coventry

4499 Coventry PkyFort Wayne, IN 46804
Affordability
  • Verified
  • Customer Reviewed
  • 3D Tour
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Pointe Inverness
$970 - $1,365
Total Monthly Price

Total Monthly Price

Base Rent
$910 - $1,305
Required Monthly Fees
$60
Total Monthly Price
$970 - $1,365
1 to 2 Bedroom Apartments Available Now

Pointe Inverness

7051 Pointe Inverness WayFort Wayne, IN 46804
Affordability
  • Verified
  • Customer Reviewed
  • 3D Tour
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St Joseph Apartments
$995 - $1,995
Total Monthly Price

Total Monthly Price

Base Rent
$945 - $1,945
Required Monthly Fees
$50
Total Monthly Price
$995 - $1,995
Studio to 2 Bedroom Apartments Available Now

St Joseph Apartments

835 Van Buren StFort Wayne, IN 46802
Student Housing
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  • 3D Tour
  • Smoke Free

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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Garrison Flats
Studio to 1 Bedroom Apartments

Garrison Flats

733 W Wayne StFort Wayne, IN 46802
  • Utilities Included
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Fulton Manor
Studio Apartments

Fulton Manor

922 Fulton StFort Wayne, IN 46802
  • Utilities Included
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Woodhaven Oaks
1 to 3 Bedroom Apartments

Woodhaven Oaks

2008 Woodhaven DrFort Wayne, IN 46819
Corporate Housing

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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Rockhill Manor
1 Bedroom Apartments

Rockhill Manor

1010 Rockhill StFort Wayne, IN 46802
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Northcrest Apartments
2 Bedroom Apartments

Northcrest Apartments

4824 Northcrest DrFort Wayne, IN 46825
  • Utilities Included
property at 506 5th St

$875

2 Bedroom Rentals

Available Now

506 5th St

Fort WayneIN46808

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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Showing Results 1-37, Page 1 of 1

Arcola, IN Local Guide

Cheapest Available Arcola Apartments for Rent and Nearby

 

The cheapest available apartment rental in Arcola, IN is a 2 Beds unit found at Woodhaven Oaks in the Southwest Fort Wayne neighborhood priced from $729. Poplar Ridge Apartments in the Southwest Fort Wayne neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $749. Here is today’s list of the most affordable Arcola apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Woodhaven OaksSalamoniee2BR,1BA$729
Poplar Ridge ApartmentsStudio UpgradeStudio,1BA$749
Jackson Manor ApartmentsOne Bedroom1BR,1BA$765
Colony Bay Apartments,LLC1 BR 1 BA Apartment1BR,1BA$775
Three Rivers Apartmentss01a - Saint IveStudio,1BA$799
West Wind ApartmentsStandard One Bedroom1BR,1BA$890
The Cottages at Bridgewater (Senior 55+)1 Bedroom1BR,1BA$895
Hickory Creek Apartments1 bd 1 ba Premo Flat1BR,1BA$909
Graystone TrailGraystone Trail1BR,1BA$950
Autumn Creek Apartment Homes1B1B HYB1BR,1BA$959

Best Value Apartments for Rent in Arcola, IN and Nearby

As of March 23, 2026 the best value apartment in the Arcola area is the $1.40 price per square foot Hardin Model at Thunderhawk Villas in the in the Northwest Fort Wayne neighborhood starting from $2,095. The second greatest value Arcola apartment is the Townhome C Model at Becklow Place starting at $1,695 with a $1.31 price per square foot in the Southwest Fort Wayne neighborhood. Here is today’s list of the best values for Arcola apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Thunderhawk VillasHardin3BR,2BA$1.40
Becklow PlaceTownhome C2BR,2.5BA$1.31
Woodhaven OaksMaumee3BR,1.5BA$1.00
Redwood Fort Wayne Noyer RoadSandalwood2BR,2BA$1.51
The HarrisonThe Anderson2BR,2BA$1.51
Coventry Court West Apartments2x2 Upgrade2BR,2BA$1.28
Willows of CoventryGreenfields2BR,2BA$1.40
Autumn Creek Apartment Homes1B1B - UPG1BR,1BA$1.29
Eagle Landing Apartment Homes1BR1BR,1BA$1.38
Colony Bay Apartments,LLC1 BR 1 BA Apartment1BR,1BA$1.14

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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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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The 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.

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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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Frequently Asked Questions about Cheap Arcola Apartments

What is the Cheapest Studio apartment in Arcola?

Currently the most affordable Cheap Studio Apartment in Arcola is at Poplar Ridge Apartments listed at $749.

How much is rent for a Cheap One Bedroom Arcola Apartment?

The lowest price for a Cheap One Bedroom Arcola Apartment is $765 at Jackson Manor Apartments.

What is the lowest price for a Cheap Two Bedroom Arcola Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Arcola is starting from $729 at Woodhaven Oaks.

What is the most affordable Arcola Three Bedroom Apartment?

The best deal on a cheap Arcola Three Bedroom Apartment rental is at Woodhaven Oaks and starts from $1,237.

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

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

decorative image for A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment article

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.