Cheap Homes for Rent in Arcola, IN from $600 (22 Rentals)

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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.

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.

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.

Arcola, IN Local Guide

Cheapest Available Arcola Apartments for Rent and Nearby

 

The cheapest available apartment rental in Arcola, IN is a Studio unit found at Fulton Manor - 922 Fulton (Flats) in the Southwest Fort Wayne neighborhood priced from $695. Jackson Manor Apartments in the Southwest Fort Wayne neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $765. Here is today’s list of the most affordable Arcola apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Fulton Manor - 922 Fulton (Flats)0BR/1.0BAStudio,1BA$695
Jackson Manor ApartmentsOne Bedroom1BR,1BA$765
Colony Bay Apartments,LLC1 BR 1 BA Apartment1BR,1BA$825
West Wind ApartmentsStandard One Bedroom1BR,1BA$839
The Cottages at Bridgewater (Senior 55+)1 Bedroom1BR,1BA$895

Best Value Apartments for Rent in Arcola, IN and Nearby

As of June 14, 2026 the best value apartment in the Arcola area is the $1.07 price per square foot Townhome Model at Anam Villas in the in the Southwest Fort Wayne neighborhood starting from $2,195. The second greatest value Arcola apartment is the 3THB Model at Eagle Landing Apartment Homes starting at $1,586 with a $0.82 price per square foot in the Northwest 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.
Anam VillasTownhome3BR,2.5BA$1.07
Eagle Landing Apartment Homes3THB3BR,1.5BA$0.82
Thunderhawk VillasVillas for Rent by Captial Property Management3BR,2BA$1.53
Canal Flats ApartmentsLush2BR,2BA$1.42
Redwood Fort Wayne Noyer RoadDriftwood2BR,2BA$1.44
Coventry Court West Apartments2x2 Large Renovated2BR,2BA$1.45
Autumn Creek Apartment Homes2B2B-HYB2BR,2BA$1.10
The HarrisonThe Anderson2BR,2BA$1.51
Colony Bay Apartments,LLC1 bedroom2BR,2BA$1.30
West Wind ApartmentsStandard One Bedroom1BR,1BA$1.47

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

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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!

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Frequently Asked Questions about Arcola

What type of rentals are currently available in Arcola?

There are currently 50 Apartments for Rent in Arcola, IN with pricing that ranges from $725 to $4,963. There are also 40 Single Family Homes for rent, Condos, and Townhome rentals currently available in Arcola ranging from $600 to $2,300.

What is the current price range for Rental Homes in Arcola?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Arcola ranges from $600 to $2,300 with an average monthly rent of $1,296.

How much are larger Three and Four Bedroom Rentals in Arcola?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Arcola range from $1,238 to $4,963, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,050 to $2,300. Four Bedroom Single-Family rentals are also available starting from $1,450 and Four Bedroom Apartments start at $1,699.

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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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.

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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.

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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.