Cheap Apartments for Rent in Canaan, IN from $700 (26 Rentals)

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

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Showing Results 1-26, Page 1 of 1

Canaan, IN Local Guide

Cheapest Available Canaan Apartments for Rent and Nearby

 

The cheapest available apartment rental in Canaan, IN is a 1 Bed unit found at Stonebrook of Scottsburg priced from $750. Water's Edge has the second lowest priced unit, which is a 1 Bed apartment currently listed from $771. Here is today’s list of the most affordable Canaan apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Stonebrook of ScottsburgA11BR,1BA$750
Water's EdgeOne Bedroom Reservation List1BR,1BA$771
281 E Main StOne Bed, One Bath1BR,1BA$775
Meadow Creek Townhomes2 Bed2BR,1BA$800
Meadowbrook Apartments1 Bedroom 1 Bathroom1BR,1BA$899
Depot Square FlatsMitchell, Unit F1BR,1BA$1,100
Whiskey RiverS2Studio,1BA$1,160
Florence HallSedonaStudio,1BA$1,195
Sky Harbor Apartments1 Bed Sunset Square1BR,1BA$1,200
Tuscany Bay Apartments2x22BR,2BA$1,200

Best Value Apartments for Rent in Canaan, IN and Nearby

As of September 09, 2025 the best value apartment in the Canaan area is the $1.16 price per square foot 3 Bedrooms, 2.5 Bathrooms Model at Hopeful Trace Townhomes in the in the French Quarter at Orleans neighborhood starting from $1,975. The second greatest value Canaan apartment is the 2 Bed 2 Bath Model at Sanctuary Place starting at $1,325 with a $0.96 price per square foot in the Thornwilde Seasons neighborhood. Here is today’s list of the best values for Canaan apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Hopeful Trace Townhomes3 Bedrooms, 2.5 Bathrooms3BR,2.5BA$1.16
Sanctuary Place2 Bed 2 Bath2BR,2BA$0.96
200 Riverview Dr2BR/2BA2BR,2BA$1.36
South Pointe Townhomes3 Bedroom Garden3BR,2BA$1.21
Tuscany Bay Apartments2x22BR,2BA$1.21
Newly Renovated Apartments2 bed 2 bath2BR,1BA$1.20
281 E Main StOne Bed, One Bath1BR,1BA$0.97
Stonebrook of ScottsburgB12BR,1BA$1.23
Meadow Creek Townhomes2 Bed2BR,1BA$1.07
Water's EdgeOne Bedroom Reservation List1BR,1BA$1.10

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

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Getting Around Canaan, IN

Walk Score®

1 / 100

Car-Dependent

Almost all errands require a car

Bike Score®

11 / 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 Canaan Apartments

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

The lowest price for a Cheap One Bedroom Canaan Apartment is $750 at Stonebrook of Scottsburg.

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

Today's best deal for a Cheap Two Bedroom Apartment in Canaan is starting from $800 at Meadow Creek Townhomes.

What is the most affordable Canaan Three Bedroom Apartment?

The best deal on a cheap Canaan Three Bedroom Apartment rental is at Meadow Creek Townhomes and starts from $900.

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.

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.

decorative image for The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro article

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Written by: Christine Leonard, Esq.

Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.