Cheap Apartments for Rent near Centerville, IN from $300 (47 Rentals)

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

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.

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Labor Center Lofts
$860 - $1,450
Total Monthly Price

Total Monthly Price

Base Rent
$860 - $1,450
Total Monthly Price
$860 - $1,450
1 to 2 Bedroom Apartments Available Now

Labor Center Lofts

1125 S Walnut StMuncie, IN 47302
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  • Utilities Included
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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.

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Voyager Apartments
Studio to 2 Bedroom Apartments

Voyager Apartments

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

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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property at 2404 State St

$625

1 Bedroom Rentals

Available Now

2404 State St

New CastleIN47362
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Hunters Oak
2 to 3 Bedroom Apartments

Hunters Oak

1199 Russ RdGreenville, OH 45331
property at 230 Kinsey St

$600 - $700

1 Bedroom Rentals

Available Now

230 Kinsey St

RichmondIN47374
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The Orchard
Studio to 3 Bedroom Apartments

The Orchard

720 W Centennial AveMuncie, IN 47303

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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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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424 Lofts
1 to 2 Bedroom Apartments

424 Lofts

424 S Monroe StMuncie, IN 47305
Corporate Housing
  • Utilities Included
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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

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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Showing Results 1-47, 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 2 Beds unit found at The Lofts at Roberts in the School neighborhood priced from $416. The Crossings has the second lowest priced unit, which is a Studio apartment currently listed from $610. Here is today’s list of the most affordable Centerville apartments for rent:

Apartment ListingModel NameBed/BathPriced From
The Lofts at RobertsThe Liberty2BR,1BA$416
The CrossingsStudioStudio,1BA$610
Academy Place Apartments1 BR 1 Bath1BR,1BA$675
Genesis Apartments1BD/ 1 BA1BR,1BA$690
Beckford PlaceStudioStudio,1BA$725
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
Labor Center Lofts1BR/1.0BA1BR,1BA$860

Best Value Apartments for Rent in Centerville, IN and Nearby

As of August 04, 2026 the best value apartment in the Centerville area is the $1.02 price per square foot 3x2 Upgrade Model at The Latitude Apartments in the in the North Muncie neighborhood starting from $1,199. The second greatest value Centerville apartment is the EXCALIBUR Model at Adam H Bartell Lofts starting at $895 with a $0.81 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.
The Latitude Apartments3x2 Upgrade3BR,2BA$1.02
Adam H Bartell LoftsEXCALIBUR2BR,1BA$0.81
The Lofts at RobertsThe Liberty2BR,1BA$0.42
Townehouse Village ApartmentsTwo Bedroom Gas2BR,1.5BA$1.02
Academy Place Apartments1 BR 1 Bath1BR,1BA$0.79
Village Green ApartmentsComfort2BR,2BA$1.00
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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Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Centerville, IN Rentals by Map

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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 $416 at The Lofts at Roberts.

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

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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.

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First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

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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.

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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.