
Cheap Apartments for Rent in Bunker Hill, IN from $300 (28 Rentals)
Search the lowest-cost Apartments available for rent right now in Bunker Hill.


Apperson Way Apartments

Walnut Manor

Pine Manor Apartments

MAPLE CREST

Turtle Creek Apartments

1302 W Sycamore St
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.

Green Town Apartments

Turtle Creek Kokomo

Somerset Apartments

Pechewa Place

Kingston Green Apartments

Brentwood Greene

Beckford Place
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.

900 North St

362 W 5th St

Senior Living 55+ - Historic Gallatin Square

2930 Albright

371 W 12th St

Lincolnwood Apartments

Welcome to Somerset Village!
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.

831 S Webster St

Millstone Apartments

Holly Apartments

532 W Mulberry St

Estates At Eagle's Pointe

1912 N Apperson Way

701 E Walnut St
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.
Bunker Hill, IN Local Guide

How much does it cost to rent an apartment in Bunker Hill?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Bunker Hill Studio Apartments | $767 | $695 | $1,100 |
| Bunker Hill 1 Bedroom Apartments | $1,192 | $398 | $1,600 |
| Bunker Hill 2 Bedroom Apartments | $1,296 | $479 | $2,099 |
| Bunker Hill 3 Bedroom Apartments | $1,136 | $490 | $1,695 |
| Bunker Hill 4 Bedroom Apartments | $502 | $500 | $505 |
Browse Top Apartments in Bunker Hill
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Bunker Hill, IN Local Guide
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Cheapest Available Bunker Hill Apartments for Rent and Nearby
 The cheapest available apartment rental in Bunker Hill, IN is a 1 Bed unit found at Apperson Way Apartments priced from $398. Walnut Manor has the second lowest priced unit, which is a Studio apartment currently listed from $650. Here is today’s list of the most affordable Bunker Hill apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Apperson Way Apartments | 1 Bedroom | 1BR,1BA | $398 |
| Walnut Manor | STUDIO | Studio,1BA | $650 |
| Green Town Apartments | One Bd rm | 1BR,1BA | $700 |
| MAPLE CREST | Studio | 1BR,1BA | $715 |
| Turtle Creek Kokomo | Spring | Studio,1BA | $715 |
| Pechewa Place | Upstairs 1 Bedroom | 1BR,1BA | $729 |
| Holly Apartments | 1bed/1bath Partially Renovated | 1BR,1BA | $750 |
| Kingston Green Apartments | 1 BEDROOM G | 1BR,1BA | $800 |
| Fox Acres Apartments | 1 Bed Room | 1BR,1BA | $835 |
| Winding Brook Apartments | 1 Bedroom - 2nd Floor | 1BR,1BA | $845 |
Best Value Apartments for Rent in Bunker Hill, IN and Nearby
As of July 24, 2026 the best value apartment in the Bunker Hill area is the $0.74 price per square foot Two Bedroom Model at Somerset Apartments in the starting from $913. The second greatest value Bunker Hill apartment is the 3 Bed 2 Bath Model at Union at Washington starting at $1,017 with a $0.88 price per square foot . Here is today’s list of the best values for Bunker Hill apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Somerset Apartments | Two Bedroom | 2BR,1.5BA | $0.74 |
| Union at Washington | 3 Bed 2 Bath | 3BR,2BA | $0.88 |
| Carter West Apartments & Townhouses | 3bed/1.5bath Non-Renovated | 3BR,1.5BA | $0.90 |
| Apperson Way Apartments | 3 Bedroom Townhomes | 3BR,2BA | $1.17 |
| Hilltop Ridge | 3 Bed 1 bath | 3BR,1BA | $1.01 |
| Millstone Apartments | 2 bedroom 1 bath | 2BR,1BA | $0.87 |
| Ashbury Apartments | 2 Bed 1st floor UPDATED | 2BR,1BA | $1.10 |
| Georgetown Apartments | 2BR/1.0BA | 2BR,1BA | $1.19 |
| Fox Acres Apartments | 1 Bed Room | 1BR,1BA | $1.11 |
| The Annex of Kokomo | 2 Bed 2 Bath | 2BR,2BA | $0.77 |
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 ArticleReal 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.
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.
Best Local Schools in Bunker Hill, IN
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Bunker Hill, IN Rentals by Map
See the most popular apartments and homes in Bunker Hill, IN
Frequently Asked Questions about Cheap Bunker Hill Apartments
What is the Cheapest Studio apartment in Bunker Hill?
Currently the most affordable Cheap Studio Apartment in Bunker Hill is at Walnut Manor listed at $650.
How much is rent for a Cheap One Bedroom Bunker Hill Apartment?
The lowest price for a Cheap One Bedroom Bunker Hill Apartment is $398 at Apperson Way Apartments.
What is the lowest price for a Cheap Two Bedroom Bunker Hill Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Bunker Hill is starting from $479 at Apperson Way Apartments.
What is the most affordable Bunker Hill Three Bedroom Apartment?
The best deal on a cheap Bunker Hill Three Bedroom Apartment rental is at Apperson Way Apartments and starts from $551.
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

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.

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.

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.

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.