
Cheap Homes for Rent in Auburn, IN from $500 (6 Rentals)
Search the lowest-cost Homes available for rent right now in Auburn.


228 S Ivy Ln

122 N Grant 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.

17425 IN-37

110 S Walsh St

114 Parker Ave
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

How much does it cost to rent a home in Auburn?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Auburn 2 Bedroom Homes for Rent | $1,438 | $795 | $2,074 |
| Auburn 3 Bedroom Homes for Rent | $1,679 | $1,200 | $2,399 |
| Auburn 4 Bedroom Homes for Rent | $2,287 | $1,800 | $2,700 |
Browse Top Homes for Rent in Auburn
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Auburn, IN Local Guide
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Cheapest Available Auburn Apartments for Rent and Nearby
 The cheapest available apartment rental in Auburn, IN is a Studio unit found at Shoaff Park Villas in the Northeast Fort Wayne neighborhood priced from $695. Fountain Lake Apartment Homes in the Northeast Fort Wayne neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $735. Here is today’s list of the most affordable Auburn apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Shoaff Park Villas | Studio, 1 bath | Studio,1BA | $695 |
| Fountain Lake Apartment Homes | Roselle | Studio,1BA | $735 |
| Drake Terrace III | 2 Bedroom | 2BR,1BA | $741 |
Best Value Apartments for Rent in Auburn, IN and Nearby
As of January 28, 2026 the best value apartment in the Auburn area is the $0.76 price per square foot 206 N Main St Model at 206 N Main St, Unit 206 N Main Street in the starting from $1,550. The second greatest value Auburn apartment is the Two Bedroom Model at Huntertown Apartments starting at $1,695 with a $1.13 price per square foot in the Outer Northside neighborhood. Here is today’s list of the best values for Auburn apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 206 N Main St, Unit 206 N Main Street | 206 N Main St | 2BR,2BA | $0.76 |
| Huntertown Apartments | Two Bedroom | 2BR,2.5BA | $1.13 |
| Evard Place - Solar Powered | 2 Bedroom 2 Bath | 2BR,2BA | $1.25 |
| Emerald Pointe (55+ Senior Community) | Hawthorne | 2BR,1.5BA | $1.16 |
| Griswold Estates Apartments | Two Bedroom One Bathroom | 2BR,1BA | $0.96 |
| Windsor Oaks | The Hickory | 2BR,1BA | $1.28 |
| 106 Eckhart Ave, Unit #17 | 106 Eckhart Ave | 2BR,1.5BA | $0.93 |
| Nelson Estates Apartments | 2Bed_1Bath | 2BR,1BA | $1.11 |
| St Joe Place | 2x2 | 2BR,2BA | $0.76 |
| Drake Terrace III | 2 Bedroom | 2BR,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.
Read ArticleThe 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.
Read ArticleCash 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.
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!
Explore Auburn, IN Rentals by Map
See the most popular apartments and homes in Auburn, IN
Frequently Asked Questions about Auburn
What type of rentals are currently available in Auburn?
There are currently 50 Apartments for Rent in Auburn, IN with pricing that ranges from $600 to $3,000. There are also 33 Single Family Homes for rent, Condos, and Townhome rentals currently available in Auburn ranging from $500 to $2,700.
What is the current price range for Rental Homes in Auburn?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Auburn ranges from $500 to $2,700 with an average monthly rent of $1,511.
How much are larger Three and Four Bedroom Rentals in Auburn?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Auburn range from $776 to $3,000, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,200 to $2,399. Four Bedroom Single-Family rentals are also available starting from $1,800 and Four Bedroom Apartments start at $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

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.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.