
Cheap Homes for Rent in Arlington, IN from $500 (15 Rentals)
Search the lowest-cost Homes available for rent right now in Arlington.


106 W Pennsylvania St

392 W Broadway St

316 E Franklin St

108 W Pennsylvania St
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.

216 Progress Rd

106 W Broadway St

48 E Mechanic St

4881 300W

421 N State St
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.

1191 W Michelle Way

701 Center St

640 S Darlene Way

1178 W Jason Way

713 Indiana 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.
Arlington, IN Local Guide

How much does it cost to rent a home in Arlington?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Arlington 2 Bedroom Homes for Rent | $1,085 | $695 | $1,700 |
| Arlington 3 Bedroom Homes for Rent | $1,499 | $1,099 | $2,000 |
| Arlington 4 Bedroom Homes for Rent | $2,393 | $1,800 | $3,900 |
| Arlington 5 Bedroom Homes for Rent | $2,300 | $2,300 | $2,300 |
Browse Top Homes for Rent in Arlington
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Arlington, IN Local Guide
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Cheapest Available Arlington Apartments for Rent and Nearby
 The cheapest available apartment rental in Arlington, IN is a Studio unit found at The Crossings priced from $595. LINCOLN PARK APARTMENTS has the second lowest priced unit, which is a Studio apartment currently listed from $645. Here is today’s list of the most affordable Arlington apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Crossings | Studio | Studio,1BA | $595 |
| LINCOLN PARK APARTMENTS | Studio | Studio,1BA | $645 |
| Academy Place Apartments | 1 BR 1 Bath | 1BR,1BA | $675 |
| Elmtree Park | Studio 1 Bath | Studio,1BA | $685 |
| Willowood East | Studio | Studio,1BA | $760 |
Best Value Apartments for Rent in Arlington, IN and Nearby
As of May 08, 2026 the best value apartment in the Arlington area is the $1.28 price per square foot 4 Bed, 1.5 bath Townhome Model at Knoll Ridge Townhomes in the in the Southeast Indianapolis neighborhood starting from $1,600. The second greatest value Arlington apartment is the 3 Bed 2 Bath Model at Knightstown Villas starting at $1,175 with a $1.12 price per square foot . Here is today’s list of the best values for Arlington apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Knoll Ridge Townhomes | 4 Bed, 1.5 bath Townhome | 4BR,1.5BA | $1.28 |
| Knightstown Villas | 3 Bed 2 Bath | 3BR,2BA | $1.12 |
| Reflections I | 2x2 60%cs | 2BR,1BA | $1.22 |
| The Life at Belhaven Place | 2 Bed 2 Bath | 2BR,2BA | $1.25 |
| Grand Avenue Commons | 2 Beds, 1.5 baths | 2BR,1.5BA | $0.89 |
| Water Dance Apartments | 2BR/1BA | 2BR,1BA | $1.27 |
| Academy Place Apartments | 1 BR 1 Bath | 1BR,1BA | $0.79 |
| Crosswinds | Earhart | 2BR,1BA | $1.28 |
| Bristol Square | 1 Bedroom Loft | 1BR,1.5BA | $1.13 |
| LINCOLN PARK APARTMENTS | Studio | Studio ,1BA | $0.81 |
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 Arlington
What type of rentals are currently available in Arlington?
There are currently 55 Apartments for Rent in Arlington, IN with pricing that ranges from $479 to $2,879. There are also 35 Single Family Homes for rent, Condos, and Townhome rentals currently available in Arlington ranging from $525 to $3,900.
What is the current price range for Rental Homes in Arlington?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Arlington ranges from $525 to $3,900 with an average monthly rent of $1,629.
How much are larger Three and Four Bedroom Rentals in Arlington?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Arlington range from $1,175 to $2,789, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,099 to $2,000. Four Bedroom Single-Family rentals are also available starting from $1,800 and Four Bedroom Apartments start at $1,600.
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

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

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.

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.

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.