
Cheap Homes for Rent in Arcola, IN from $600 (22 Rentals)
Search the lowest-cost Homes available for rent right now in Arcola.


1918 Riedmiller Ave

5614 W Cook Rd

1807 Hale Ave

1020 Northlawn Dr

1637 St Marys Ave

1315 Huestis Ave
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.

708 E Jefferson Blvd

1235 Huestis Ave

3019 Broadway

1322 Fay Dr

217 W Masterson Ave

2133 Riedmiller Ave

1360 Huestis Ave
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.

5515 Brazo Ln

2737 W Washington Center Rd

4737 Pine Crest Dr

424 Nussbaum Ave

2128 Broadway

113 W Wayne St

448 W Wildwood Ave
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.

4708 Palatine Dr
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 | $1,212 | $750 | $1,700 |
| Arcola 3 Bedroom Homes for Rent | $1,633 | $1,050 | $2,300 |
| Arcola 4 Bedroom Homes for Rent | $1,915 | $1,450 | $2,300 |
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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 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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Fulton Manor - 922 Fulton (Flats) | 0BR/1.0BA | Studio,1BA | $695 |
| Jackson Manor Apartments | One Bedroom | 1BR,1BA | $765 |
| Colony Bay Apartments,LLC | 1 BR 1 BA Apartment | 1BR,1BA | $825 |
| West Wind Apartments | Standard One Bedroom | 1BR,1BA | $839 |
| The Cottages at Bridgewater (Senior 55+) | 1 Bedroom | 1BR,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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Anam Villas | Townhome | 3BR,2.5BA | $1.07 |
| Eagle Landing Apartment Homes | 3THB | 3BR,1.5BA | $0.82 |
| Thunderhawk Villas | Villas for Rent by Captial Property Management | 3BR,2BA | $1.53 |
| Canal Flats Apartments | Lush | 2BR,2BA | $1.42 |
| Redwood Fort Wayne Noyer Road | Driftwood | 2BR,2BA | $1.44 |
| Coventry Court West Apartments | 2x2 Large Renovated | 2BR,2BA | $1.45 |
| Autumn Creek Apartment Homes | 2B2B-HYB | 2BR,2BA | $1.10 |
| The Harrison | The Anderson | 2BR,2BA | $1.51 |
| Colony Bay Apartments,LLC | 1 bedroom | 2BR,2BA | $1.30 |
| West Wind Apartments | Standard One Bedroom | 1BR,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.
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.
Read ArticleQuick 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.
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

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.

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.

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.

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.