Cheap Apartments for Rent in Auburn, IN from $500 (23 Rentals)

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Betz Senior Villas
1 to 2 Bedroom Apartments

Betz Senior Villas

120 Betz RdAuburn, IN 46706
Senior Living

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.

property at 354 W 9th St

354 W 9th St

AuburnIN46706

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.

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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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Montrose Square
Studio to 2 Bedroom Apartments

Montrose Square

6531 Emmons DrFort Wayne, IN 46835
  • Utilities Included

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.

Auburn, IN Local Guide

Cheapest Available Auburn Apartments for Rent and Nearby

 

The cheapest available apartment rental in Auburn, IN is a 1 Bed unit found at Atz Place priced from $538. Shoaff Park Villas in the Northeast Fort Wayne neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $645. Here is today’s list of the most affordable Auburn apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Atz PlaceOne Bedroom1BR,1BA$538
Shoaff Park VillasStudio, 1 bathStudio,1BA$645
Drake Terrace III2 Bedroom2BR,1BA$721
Fountain Lake Apartment HomesVersailles1BR,1BA$815
Wallen Hills ApartmentsIvywoodStudio,1BA$818

Best Value Apartments for Rent in Auburn, IN and Nearby

As of September 19, 2025 the best value apartment in the Auburn area is the $1.13 price per square foot Two Bedroom Model at Huntertown Apartments in the in the Outer Northside neighborhood starting from $1,695. The second greatest value Auburn apartment is the Hawthorne Model at Emerald Pointe (55+ Senior Community) starting at $1,225 with a $1.16 price per square foot in the Northwest 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.
Huntertown ApartmentsTwo Bedroom2BR,2.5BA$1.13
Emerald Pointe (55+ Senior Community)Hawthorne2BR,1.5BA$1.16
Griswold Estates ApartmentsTwo Bedroom One Bathroom2BR,1BA$0.95
Windsor OaksThe Hickory2BR,1BA$1.28
Reserve at Dawson's CreekThe Primrose - Premium2BR,2BA$1.28
St Joe Place2x22BR,2BA$0.80
Drake Terrace III2 Bedroom2BR,1BA$0.96
Fountain Lake Apartment HomesVersailles1BR,1BA$1.13
Atz PlaceOne Bedroom1BR,1BA$0.79
Wood Creek ApartmentsThe Dogwood1BR,1BA$1.33

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Auburn, IN Rentals by Map

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Getting Around Auburn, IN

Walk Score®

33 / 100

Car-Dependent

Most errands require a car

Bike Score®

37 / 100

Somewhat Bikeable

Minimal bike infrastructure

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 $538 at Atz Place.

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 $721 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 Reserve at Dawson's Creek and starts from $1,392.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.