Cheap Apartments for Rent in Centerville, IN from $300 (43 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

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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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

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.

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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

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.

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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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Oxford West
1 to 4 Bedroom Apartments

Oxford West

615 Ogden CtOxford, OH 45056
Showing Results 1-43, Page 1 of 1

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 Flats at West End in the School neighborhood priced from $550. The Crossings has the second lowest priced unit, which is a Studio apartment currently listed from $595. Here is today’s list of the most affordable Centerville apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Flats at West End0BR/1.0BAStudio,1BA$550
The CrossingsStudioStudio,1BA$595
Genesis Apartments2BD Classic2BR,1BA$660
Academy Place Apartments1 BR 1 Bath1BR,1BA$675
Stonebrook of West College Corner1 Bedroom 1 Bathroom1BR,1BA$700
Atlas Apartments1BR/1.0BA1BR,1BA$775
Adam H Bartell LoftsVISTA1BR,1BA$795
Grand Avenue Commons2 Beds, 1.5 baths2BR,1BA$799
Freedom Acres MHCBlazer Extreme2BR,1BA$829
Jamestown VillageA2 Thomas Jefferson1BR,1BA$829

Best Value Apartments for Rent in Centerville, IN and Nearby

As of May 04, 2026 the best value apartment in the Centerville area is the $0.96 price per square foot The Pulse 5628 Model at Crestwood MHC in the starting from $1,499. The second greatest value Centerville apartment is the Prime FHB Model at Golden Pebble Estates starting at $1,399 with a $0.89 price per square foot . 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.
Crestwood MHCThe Pulse 56283BR,2BA$0.96
Golden Pebble EstatesPrime FHB3BR,2BA$0.89
Miami Preserve3X43BR,4BA$0.56
Adam H Bartell LoftsEXCALIBUR2BR,1BA$0.81
Knightstown Villas3 Bed 2 Bath3BR,2BA$1.12
Townehouse Village ApartmentsTwo Bedroom Gas2BR,1.5BA$1.02
Grand Avenue Commons2 Beds, 1.5 baths2BR,1.5BA$0.89
Academy Place Apartments1 BR 1 Bath1BR,1BA$0.79
Genesis Apartments1BD R1BR,1BA$0.96
Atlas Apartments1BR/1.0BA1BR,1BA$1.08

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Learn the property manager's true secrets to a zero-deduction move-out. Use this step-by-step guide on documentation, cleaning, and lease-reading to reclaim your security deposit.

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10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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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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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

What is the Cheapest Studio apartment in Centerville?

Currently the most affordable Cheap Studio Apartment in Centerville is at Flats at West End listed at $550.

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

The lowest price for a Cheap One Bedroom Centerville Apartment is $675 at Flats at West End.

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 A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back article

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.