Cheap Apartments for Rent in Centerville, IN from $400 (51 Rentals)

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

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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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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Voyager Apartments
Studio to 2 Bedroom Apartments

Voyager Apartments

9461 US Route 40 WNew Paris, OH 45347
  • Utilities Included

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.

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The Crossings
Studio to 2 Bedroom Apartments

The Crossings

3600 Western AveConnersville, IN 47331
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Ivy Court Apartments
Studio to 2 Bedroom Apartments

Ivy Court Apartments

203 Ivy CtEaton, OH 45320
  • Utilities Included
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The Orchard
Studio to 3 Bedroom Apartments

The Orchard

720 W Centennial AveMuncie, IN 47303

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.

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Labor Center Lofts
1 Bedroom Apartments

Labor Center Lofts

1125 S Walnut StMuncie, IN 47302
Corporate Housing
  • Utilities Included
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Serenity
2 Bedroom Apartments

Serenity

3357 W Serenity PkyConnersville, IN 47331
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5271 Hester Rd
1 Bedroom Apartments

5271 Hester Rd

5271 Hester RdOxford, OH 45056
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Ivy Green
2 to 3 Bedroom Apartments

Ivy Green

1300 S 18th StRichmond, IN 47374
Corporate Housing
  • Utilities Included
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Royal Oaks Apartments
2 to 3 Bedroom Apartments

Royal Oaks Apartments

4100 Royal Oak DrRichmond, IN 47374
  • Utilities Included

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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Showing Results 1-50, Page 1 of 2

Centerville, IN Local Guide

Cheapest Available Centerville Apartments for Rent and Nearby

 

The cheapest available apartment rental in Centerville, IN is a Studio unit found at The Crossings priced from $610. Genesis Apartments has the second lowest priced unit, which is a 2 Beds apartment currently listed from $660. Here is today’s list of the most affordable Centerville apartments for rent:

Apartment ListingModel NameBed/BathPriced From
The CrossingsStudioStudio,1BA$610
Genesis Apartments2 BD/1 BA2BR,1BA$660
Academy Place Apartments1 BR 1 Bath1BR,1BA$675
Flats at West EndLuxury You Can Afford: Renovated 1BR Downtown |...1BR,1BA$690
Grand Avenue Commons1 Bed, 1 bath1BR,1BA$729
Stonebrook of West College Corner2 Bedroom 1 Bathroom2BR,1BA$750
Atlas Apartments1BR/1.0BA1BR,1BA$775
Adam H Bartell LoftsVISTA1BR,1BA$795
StonehengeOne Bed One Bath1BR,1BA$825
424 Lofts1 bedroom1BR,1BA$875

Best Value Apartments for Rent in Centerville, IN and Nearby

As of June 18, 2026 the best value apartment in the Centerville area is the $0.89 price per square foot Prime FHB Model at Golden Pebble Estates in the starting from $1,399. The second greatest value Centerville apartment is the 3X4 Model at Miami Preserve starting at $875 with a $0.56 price per square foot in the North Cincinnati neighborhood. Here is today’s list of the best values for Centerville apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Golden Pebble EstatesPrime FHB3BR,2BA$0.89
Miami Preserve3X43BR,4BA$0.56
Freedom Acres MHCPulse 76163BR,2BA$0.94
Adam H Bartell LoftsEXCALIBUR2BR,1BA$0.81
Townehouse Village ApartmentsTwo Bedroom Gas2BR,1.5BA$1.02
Academy Place Apartments1 BR 1 Bath1BR,1BA$0.79
Genesis Apartments1BD/ 1 BA1BR,1BA$0.92
Stonebrook of West College Corner2 Bedroom 1 Bathroom2BR,1BA$1.00
Atlas Apartments1BR/1.0BA1BR,1BA$1.08
Grand Avenue Commons1 Bed, 1 bath1BR,1BA$1.04

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 Centerville, IN Rentals by Map

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See the most popular apartments and homes in Centerville, IN

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Frequently Asked Questions about Cheap Centerville Apartments

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

The lowest price for a Cheap One Bedroom Centerville Apartment is $675 at Academy Place Apartments.

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

Today's best deal for a Cheap Two Bedroom Apartment in Centerville is starting from $660 at Genesis Apartments.

What is the most affordable Centerville Three Bedroom Apartment?

The best deal on a cheap Centerville Three Bedroom Apartment rental is at Townehouse Village Apartments and starts from $1,095.

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

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

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.

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Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.