Cheap Apartments for Rent in Auburn, IN from $300 (37 Rentals)

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Betz Senior Villas
1 to 2 Bedroom Apartments

Betz Senior Villas

120 Betz RdAuburn, IN 46706
Senior Living

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.

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Montrose Square
$702 - $1,547
Total Monthly Price

Total Monthly Price

Base Rent
$702 - $1,547

Total Monthly Price
$702 - $1,547
Studio to 2 Bedroom Apartments Contact Us For Availability

Montrose Square

6531 Emmons DrFort Wayne, IN 46835
Affordability
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  • Customer Reviewed
  • Utilities Included

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.

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Atz Place
1 to 2 Bedroom Apartments

Atz Place

301 E Wayne StKendallville, IN 46755
Senior Living
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Island Club
1 to 2 Bedroom Apartments

Island Club

2302 E Wallen RdFort Wayne, IN 46825

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.

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41 North Senior Living
1 to 2 Bedroom Apartments

41 North Senior Living

5532 Dayspring PathFort Wayne, IN 46835
Senior Living
  • Utilities Included

Auburn, IN Local Guide

Cheapest Available Auburn Apartments for Rent and Nearby

 

The cheapest available apartment rental in Auburn, IN is a 2 Beds unit found at Drake Terrace III priced from $741. Deerfield Village has the second lowest priced unit, which is a 1 Bed apartment currently listed from $945. Here is today’s list of the most affordable Auburn apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Drake Terrace III2 Bedroom2BR,1BA$741
Deerfield VillageOne Bedroom1BR,1BA$945
Fountain Lake Apartment HomesBellagio2BR,1BA$964
Wallen Hills ApartmentsTeakwood1BR,1BA$970
Nelson Estates Apartments2Bed_1Bath2BR,1BA$999
Griswold Estates ApartmentsTwo Bedroom One Bathroom2BR,1BA$1,134
Dupont Lakes ApartmentsOne Bedroom1BR,1BA$1,148
Homestead Village Fort Wayne - Active Living 55+The Audrey1BR,1BA$1,200

Best Value Apartments for Rent in Auburn, IN and Nearby

As of July 16, 2026 the best value apartment in the Auburn area is the $0.81 price per square foot 206 N Main St Model at 206 N Main St, Unit 206 N Main Street in the starting from $1,650. The second greatest value Auburn apartment is the Townhomes Model at Evard Place - Solar Powered starting at $2,000 with a $1.05 price per square foot in the Northeast Fort Wayne neighborhood. Here is today’s list of the best values for Auburn apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
206 N Main St, Unit 206 N Main Street206 N Main St2BR,2BA$0.81
Evard Place - Solar PoweredTownhomes3BR,2.5BA$1.05
Huntertown ApartmentsTwo Bedroom2BR,1.5BA$0.83
Emerald Pointe (55+ Senior Community)Hawthorne2BR,1.5BA$1.16
Griswold Estates ApartmentsTwo Bedroom One Bathroom2BR,1BA$1.08
Fountain Lake Apartment HomesBuckingham2BR,1.5BA$1.03
Nelson Estates Apartments2Bed_1Bath2BR,1BA$1.04
709 E 9th St, Unit Upstairs Until709 E 9th St1BR,1BA$0.97
St Joe Place2x22BR,2BA$0.80
Drake Terrace III2 Bedroom2BR,1BA$0.99

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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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 Cheap Auburn Apartments

How much is rent for a Cheap One Bedroom Auburn Apartment?

The lowest price for a Cheap One Bedroom Auburn Apartment is $945 at Deerfield Village.

What is the lowest price for a Cheap Two Bedroom Auburn Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Auburn is starting from $741 at Drake Terrace III.

What is the most affordable Auburn Three Bedroom Apartment?

The best deal on a cheap Auburn Three Bedroom Apartment rental is at Deerfield Village and starts from $1,475.

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

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

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.

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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.

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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.