Cheap Apartments for Rent in Central, IN from $500 (32 Rentals)

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

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6500 & 6506 Hackel Dr
2 Bedroom Apartments

6500 & 6506 Hackel Dr

6506 Hackel DrLouisville, KY 40258
  • Utilities Included
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3404 Shagbark Rd
2 Bedroom Apartments

3404 Shagbark Rd

3404 Shagbark RdLouisville, KY 40216
  • 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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Central, IN Local Guide

Cheapest Available Central Apartments for Rent and Nearby

 

The cheapest available apartment rental in Central, IN is a 3 Beds unit found at Lower Hunters Trace in the South Louisville neighborhood priced from $752. Broadleaf Arms in the Cloverleaf neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $759. Here is today’s list of the most affordable Central apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Lower Hunters Trace3x23BR,2BA$752
Broadleaf ArmsOne Bedroom One Bathroom1BR,1BA$759
Southwood1 Bed, 1 bath1BR,1BA$779
Bayshore TownhomesThe Luna - Cozy One Bedroom Townhome1BR,1BA$825
Miller Manor Apartments1 Bed1BR,1BA$850
Kendall Arms1BR/1.0BA1BR,1BA$850
The Rockford Arms Apartment CommunityOne-bedroom1BR,1BA$875
The San Jose Court Apartment CommunityOne-bedroom1BR,1BA$875
Newberry ParcOne Bedroom1BR,1BA$885
Embassy Townhomes2 Bed, 1.5 Bath2BR,1BA$900

Best Value Apartments for Rent in Central, IN and Nearby

As of September 14, 2025 the best value apartment in the Central area is the $1.08 price per square foot 2 Bedroom Townhouse Model at 6121 Upper Hunters Trce in the in the South Louisville neighborhood starting from $1,350. The second greatest value Central apartment is the 2 Bedroom, 2 Bathroom Model at Hunters Run starting at $1,045 with a $0.90 price per square foot in the South Louisville neighborhood. Here is today’s list of the best values for Central apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
6121 Upper Hunters Trce2 Bedroom Townhouse2BR,1.5BA$1.08
Hunters Run2 Bedroom, 2 Bathroom2BR,2BA$0.90
The Landing2 Beds, 2 baths2BR,2BA$1.05
Newberry ParcTwo Bedroom2BR,2BA$1.05
By the ParkTwo bedroom2BR,1BA$0.93
Riverport Landings Senior2B1B2BR,1BA$1.02
Anderson EstatesTwo Bedroom One Bath2BR,1BA$1.04
3104-3112 Springfield Dr2 Bedroom2BR,1BA$1.06
Embassy Townhomes2 Bed, 1.5 Bath2BR,1.5BA$1.00
Broadleaf ArmsOne Bedroom One Bathroom1BR,1BA$0.95

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Frequently Asked Questions about Cheap Central Apartments

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

The lowest price for a Cheap One Bedroom Central Apartment is $759 at Broadleaf Arms.

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

Today's best deal for a Cheap Two Bedroom Apartment in Central is starting from $859 at Broadleaf Arms.

What is the most affordable Central Three Bedroom Apartment?

The best deal on a cheap Central Three Bedroom Apartment rental is at Lower Hunters Trace and starts from $752.

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.