
Cheap Apartments for Rent in Bourbon, IN from $500 (41 Rentals)
Search the lowest-cost Apartments available for rent right now in Bourbon.


CLEAR CREEK APARTMENTS

Mallard and HI-TEC Apartments

FARMINGTON HILLS

Old Farm Apartments

Irish Hills Apartments

Centennial Crossing

Welcome to Tippe River Downs
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.

River Pointe Apartments

Lakeview Apartments

Bremen Park Apartments

Aspen Meadows

Reflections Apartment Homes
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

Lakeland Villa Apartments

Autumn Lakes Apartments and Townhomes

Briar Ridge Apartments

River Rock Apartments

Westgate Manor Apartments

3489 W 100 S

308 E Madison St

310 N Michigan St

316 S Washington St

234 E Grove St

926 S 33rd St
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

1512 Marine St

411 Parker St

1901 Sand Dollar Dr

924 E Chippewa Ave

3306 E Mishawaka Ave

1127 E Fox St

1718 E Fox St
Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

2083 Chapman Lake Dr

316 S Chestnut St
Bourbon, IN Local Guide

How much does it cost to rent an apartment in Bourbon?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Bourbon Studio Apartments | $1,301 | $590 | $1,775 |
Bourbon 1 Bedroom Apartments | $1,261 | $775 | $2,913 |
Bourbon 2 Bedroom Apartments | $1,639 | $925 | $2,933 |
Bourbon 3 Bedroom Apartments | $1,750 | $1,100 | $4,123 |
Browse Top Apartments in Bourbon
See all Apartments in BourbonExplore Bourbon
Bourbon, IN Local Guide
- Nearby Cities
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- School Districts
Cheapest Available Bourbon Apartments for Rent and Nearby
 The cheapest available apartment rental in Bourbon, IN is a 1 Bed unit found at Centennial Crossing priced from $845. Elkhart Green Apartments in the Hayden neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $865. Here is today’s list of the most affordable Bourbon apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Centennial Crossing | Senior Villa 1x1 | 1BR,1BA | $845 |
Elkhart Green Apartments | 1 | 1BR,1BA | $865 |
Welcome to Tippe River Downs | 1x1 Senior Villa | 1BR,1BA | $899 |
River Pointe Apartments | Wayfarer | 1BR,1BA | $930 |
Lakeview Apartments | 1 Bed, 1 bath | 1BR,1BA | $935 |
Mallard and HI-TEC Apartments | 2 Beds, 1 bath | 2BR,1BA | $935 |
Ironwood Village | Two Bedroom | 2BR,1BA | $988 |
Kuder Estates | Two Bedroom One Bathroom | 2BR,1BA | $1,019 |
Reflections Apartment Homes | 2X1 | 2BR,1BA | $1,024 |
Irish Hills Apartments | Classic Two Bedroom | 2BR,1BA | $1,132 |
Best Value Apartments for Rent in Bourbon, IN and Nearby
As of June 08, 2025 the best value apartment in the Bourbon area is the $1.26 price per square foot Three Bedroom Two-story Model at Autumn Lakes Apartments and Townhomes in the in the River Park neighborhood starting from $2,640. The second greatest value Bourbon apartment is the Forestwood Model at Redwood Warsaw starting at $1,685 with a $1.30 price per square foot . Here is today’s list of the best values for Bourbon apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Autumn Lakes Apartments and Townhomes | Three Bedroom Two-story | 3BR,2.5BA | $1.26 |
Redwood Warsaw | Forestwood | 2BR,2BA | $1.30 |
Ironwood Village | Two Bedroom | 2BR,1BA | $1.00 |
Kuder Estates | Two Bedroom One Bathroom | 2BR,1BA | $1.06 |
Lakeview Apartments | 2 Beds, 2 baths | 2BR,2BA | $1.27 |
Mallard and HI-TEC Apartments | 2 Beds, 1 bath | 2BR,1BA | $1.04 |
River Pointe Apartments | Crosswinds | 1BR,1BA | $1.16 |
Reflections Apartment Homes | 2X1 | 2BR,1BA | $1.25 |
Elkhart Green Apartments | 1 | 1BR,1BA | $1.20 |
Riverwalk Commons- Student Housing | Three Bedroom | 1BR,2BA | $0.96 |
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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
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Getting Around Bourbon, IN
Walk Score®
11 / 100
Car-Dependent
Almost all errands require a car
Bike Score®
30 / 100
Somewhat Bikeable
Minimal bike infrastructure
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Cheap Bourbon Apartments
How much is rent for a Cheap One Bedroom Bourbon Apartment?
The lowest price for a Cheap One Bedroom Bourbon Apartment is $845 at Centennial Crossing.
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 $935 at Mallard and HI-TEC Apartments.
What is the most affordable Bourbon Three Bedroom Apartment?
The best deal on a cheap Bourbon Three Bedroom Apartment rental is at Ironwood Village and starts from $1,148.
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.

The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

Navigating the Rental Market: Tips for First-Time Renters
Written by: Sandy Baker
Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.