Cheap Apartments for Rent near Bourbon, IN from $300 (43 Rentals)

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Search the lowest-cost Apartments available for rent right now in Bourbon.

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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Lakeview Apartments
$1,170 - $1,390
Total Monthly Price

Total Monthly Price

Base Rent
$1,170 - $1,390
Total Monthly Price
$1,170 - $1,390
1 to 2 Bedroom Apartments Available Now

Lakeview Apartments

1011 Angela DrLakeville, IN 46536
Corporate Housing
  • Verified
  • Customer Reviewed
  • Utilities Included
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Cedar Glen
1 to 2 Bedroom Apartments

Cedar Glen

425 S 25th StSouth Bend, IN 46615
Student Housing

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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The Jefferson Apartments
1 to 3 Bedroom Apartments

The Jefferson Apartments

3001 E Jefferson BlvdSouth Bend, IN 46615
Corporate Housing
  • Utilities Included
property at 110 N Union Dr

$915 - $985

1 To 2 Bedroom Rentals

Available Now

110 N Union Dr

Winona LakeIN46590
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The 2525
1 to 4 Bedroom Apartments

The 2525

2525 Durbin StWarsaw, IN 46580
  • Utilities Included
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Aspen Meadows
1 to 3 Bedroom Apartments

Aspen Meadows

1227 Briarwood BlvdGoshen, IN 46526
  • 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.

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Showing Results 1-43, Page 1 of 1

Bourbon, IN Local Guide

Cheapest Available Bourbon Apartments for Rent and Nearby

 

The cheapest available apartment rental in Bourbon, IN is a 1 Bed unit found at Chamberlain House priced from $349. Courts of Colfax Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $750. Here is today’s list of the most affordable Bourbon apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Chamberlain House1 bedroom1BR,1BA$349
Courts of Colfax ApartmentsWinonaStudio,1BA$750
Farmington Hills1B1BR,1BA$870
Old Farm ApartmentsOne Bedroom1BR,1BA$881
Ironwood VillageOne Bedroom1BR,1BA$885
Mallard and HI-TEC Apartments1 Bed, 1 bath1BR,1BA$965
Northpointe/Lakepointe Apartment HomesG2 - 2x12BR,1BA$989
River Pointe ApartmentsWayfarer1BR,1BA$995
Centennial CrossingSenior Villa 1x11BR,1BA$1,010
Kuder EstatesTwo Bedroom One Bathroom2BR,1BA$1,049

Best Value Apartments for Rent in Bourbon, IN and Nearby

As of August 07, 2026 the best value apartment in the Bourbon area is the $1.34 price per square foot Two Bedroom Traditional Model at Autumn Lakes Apartments and Townhomes in the in the Mishawaka neighborhood starting from $1,375. The second greatest value Bourbon apartment is the Two Bedroom One Bathroom Model at Kuder Estates starting at $1,049 with a $1.09 price per square foot . Here is today’s list of the best values for Bourbon apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Autumn Lakes Apartments and TownhomesTwo Bedroom Traditional2BR,2BA$1.34
Kuder EstatesTwo Bedroom One Bathroom2BR,1BA$1.09
Northpointe/Lakepointe Apartment HomesJ-TH2BR,1BA$1.06
Lakeland Villa Apartments2x2 New2BR,2BA$1.34
Chamberlain House2 bedroom2BR,1BA$0.48
River Pointe ApartmentsWayfarer1BR,1.5BA$1.18
Reflections2X12BR,1BA$1.32
Ironwood VillageOne Bedroom1BR,1BA$1.23
Riverwalk Commons- Student HousingThree Bedroom1BR,1BA$0.96
Courts of Colfax ApartmentsWinonaStudio ,1BA$1.24

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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Quick 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.

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

Explore Bourbon, IN Rentals by Map

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See the most popular apartments and homes in Bourbon, IN

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Frequently Asked Questions about Cheap Bourbon Apartments

What is the Cheapest Studio apartment in Bourbon?

Currently the most affordable Cheap Studio Apartment in Bourbon is at Courts of Colfax Apartments listed at $750.

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

The lowest price for a Cheap One Bedroom Bourbon Apartment is $349 at Chamberlain House.

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

Today's best deal for a Cheap Two Bedroom Apartment in Bourbon is starting from $425 at Chamberlain House.

What is the most affordable Bourbon Three Bedroom Apartment?

The best deal on a cheap Bourbon Three Bedroom Apartment rental is at Lakeland Villa Apartments and starts from $1,295.

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

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Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

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.