
Cheap Homes for Rent near Arcola, IN from $700 (10 Rentals)
Search the lowest-cost Homes available for rent right now in Arcola.


1235 Huestis Ave

1315 Huestis Ave

1240 Boone St

2401 Miner 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.

2712 Fox Ave

3019 Broadway

217 W Masterson Ave

112 W Washington Blvd

1722 Sinclair 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.
Arcola, IN Local Guide

How much does it cost to rent a home in Arcola?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Arcola 2 Bedroom Homes for Rent | $1,259 | $700 | $2,200 |
| Arcola 3 Bedroom Homes for Rent | $2,451 | $1,149 | $10,000+ |
| Arcola 4 Bedroom Homes for Rent | $2,887 | $2,300 | $3,350 |
| Arcola 5 Bedroom Homes for Rent | $1,725 | $1,725 | $1,725 |
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Arcola, IN Local Guide
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Cheapest Available Arcola Apartments for Rent and Nearby
 The cheapest available apartment rental in Arcola, IN is a 1 Bed unit found at Jackson Manor Apartments in the Southwest Fort Wayne neighborhood priced from $765. Colony Bay Apartments,LLC in the Southwest Fort Wayne neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $770. Here is today’s list of the most affordable Arcola apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Jackson Manor Apartments | One Bedroom | 1BR,1BA | $765 |
| Colony Bay Apartments,LLC | 1 BR 1 BA Apartment | 1BR,1BA | $770 |
| Hickory Creek Apartments | 1 bd 1 ba Classic Flat | 1BR,1BA | $799 |
Best Value Apartments for Rent in Arcola, IN and Nearby
As of July 30, 2026 the best value apartment in the Arcola area is the $0.97 price per square foot Townhome Model at Anam Villas in the in the Southwest Fort Wayne neighborhood starting from $1,995. The second greatest value Arcola apartment is the 3 Bedroom Model at Homestead Townhomes starting at $1,799 with a $1.20 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Anam Villas | Townhome | 3BR,2.5BA | $0.97 |
| Homestead Townhomes | 3 Bedroom | 3BR,2.5BA | $1.20 |
| Thunderhawk Villas | Thunderhawk Villas - Hardin Model | 3BR,2BA | $1.40 |
| Flats at Walnut Ridge | B7-A Gulf | 2BR,2BA | $1.39 |
| Autumn Creek Apartment Homes | 2B2B-HYB | 2BR,2BA | $1.10 |
| Colony Bay Apartments,LLC | 1 bedroom | 2BR,2BA | $1.22 |
| Hunt Club | Chesterfield Cup - Classic/Upgrade Units | 1BR,1BA | $1.31 |
| Avalon at Northbrook Apartments and Townhomes | One Bedroom w/Den | 1BR,1BA | $1.57 |
| Liberty Mills Apartments | One Bedroom | 1BR,1BA | $1.52 |
| West Wind Apartments | Standard One Bedroom | 1BR,1BA | $1.54 |
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.
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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 52 Apartments for Rent in Arcola, IN with pricing that ranges from $725 to $4,963. There are also 32 Single Family Homes for rent, Condos, and Townhome rentals currently available in Arcola ranging from $700 to $12,500.
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 $700 to $12,500 with an average monthly rent of $1,840.
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 $1,149 to $12,500. Four Bedroom Single-Family rentals are also available starting from $2,300 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

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.

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

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.

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.