Cheap Homes for Rent in Arcola, IN from $600 (15 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.

property at 733 3rd St

$1,025

2 Bedroom Rentals

Available Now

733 3rd St

Fort WayneIN46808

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.

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.

Arcola, IN Local Guide

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 $795. Here is today’s list of the most affordable Arcola apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Jackson Manor ApartmentsOne Bedroom1BR,1BA$765
Colony Bay Apartments,LLC1 BR 1 BA Apartment1BR,1BA$795
The Cottages at Bridgewater (Senior 55+)1 Bedroom1BR,1BA$895
Three Rivers Apartmentss01b Rodeo DriveStudio,1BA$899
Poplar Ridge Apartments1x1 Upgrade1BR,1BA$939

Best Value Apartments for Rent in Arcola, IN and Nearby

As of April 30, 2026 the best value apartment in the Arcola area is the $0.82 price per square foot 3TH Model at Eagle Landing Apartment Homes in the in the Northwest Fort Wayne neighborhood starting from $1,586. The second greatest value Arcola apartment is the Villas for Rent by Captial Property Management Model at Thunderhawk Villas starting at $2,195 with a $1.53 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.
Eagle Landing Apartment Homes3TH3BR,1.5BA$0.82
Thunderhawk VillasVillas for Rent by Captial Property Management3BR,2BA$1.53
Redwood Fort Wayne Wallen RoadForestwood2BR,2BA$1.37
Pointe InvernessMacGregor2BR,2BA$1.36
Colony Bay Apartments,LLC1 bedroom2BR,2BA$1.27
Autumn Creek Apartment Homes1B1B - UPG1BR,1BA$1.29
The Marlowe1bed1bath1BR,1BA$1.56
Coventry Court West Apartments1x1 P.C. Renovated Downstairs1BR,1BA$1.55
Poplar Ridge Apartments1x1 Upgrade1BR,1BA$1.35
West Wind ApartmentsStandard One Bedroom1BR,1BA$1.52

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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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!

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Frequently Asked Questions about Arcola

What type of rentals are currently available in Arcola?

There are currently 49 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 $650 to $92,999.

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 $650 to $92,999 with an average monthly rent of $2,516.

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 $899 to $92,999. Four Bedroom Single-Family rentals are also available starting from $1,399 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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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

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What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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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.