Cheap Homes for Rent in Bourbon, IN from $300 (15 Rentals)

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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.

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.

Bourbon, IN Local Guide

Cheapest Available Bourbon Apartments for Rent and Nearby

 

The cheapest available apartment rental in Bourbon, IN is a Studio unit found at Courts of Colfax Apartments priced from $750. The Jefferson Apartments in the Bercliff Estates neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $829. Here is today’s list of the most affordable Bourbon apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Courts of Colfax ApartmentsWinonaStudio,1BA$750
The Jefferson ApartmentsThe Standard Providence1BR,1BA$829
Irish Hills ApartmentsStandard One Bedroom1BR,1BA$919
Mallard and HI-TEC Apartments1 Bed, 1 bath1BR,1BA$965
River Pointe ApartmentsWayfarer1BR,1BA$995

Best Value Apartments for Rent in Bourbon, IN and Nearby

As of June 22, 2026 the best value apartment in the Bourbon area is the $1.36 price per square foot Phase 3 Model at The Villas at County Farm Crossing in the starting from $2,450. The second greatest value Bourbon apartment is the C Model at Park 33 starting at $2,130 with a $1.47 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.
The Villas at County Farm CrossingPhase 32BR,2BA$1.36
Park 33C3BR,2BA$1.47
Copperleaf Cove3 Bed 2 Bath3BR,2BA$1.43
Autumn Lakes Apartments and TownhomesTwo Bedroom Traditional2BR,2BA$1.38
Kuder EstatesTwo Bedroom One Bathroom2BR,1BA$1.07
Lakeview Apartments2 Beds, 2 baths2BR,2BA$1.53
River Pointe ApartmentsCrosswinds1BR,1BA$1.21
Reflections2X12BR,1BA$1.32
Riverwalk Commons- Student HousingThree Bedroom1BR,1BA$1.04
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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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 Bourbon

What type of rentals are currently available in Bourbon?

There are currently 43 Apartments for Rent in Bourbon, IN with pricing that ranges from $605 to $3,316. There are also 36 Single Family Homes for rent, Condos, and Townhome rentals currently available in Bourbon ranging from $295 to $3,900.

What is the current price range for Rental Homes in Bourbon?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Bourbon ranges from $295 to $3,900 with an average monthly rent of $1,867.

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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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.

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Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.