Cheap Apartments for Rent in Central, IN from $500 (47 Rentals)

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

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Knox Landing
$700 - $1,200
Total Monthly Price

Total Monthly Price

Base Rent
$700 - $1,200
Total Monthly Price
Varies
1 to 3 Bedroom Apartments Available Now

Knox Landing

220 Park Ridge RdMuldraugh, KY 40155
Furnished
  • Verified
  • Low Income
  • Smoke Free
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Broadleaf Arms
Rent Specials
$764 - $1,075
Total Monthly Price

Total Monthly Price

Base Rent
$699 - $1,010
Required Monthly Fees
$65
Total Monthly Price
$764 - $1,075
1 to 2 Bedroom Apartments Available Now

Broadleaf Arms

4519-4523 Broadleaf DrLouisville, KY 40216
Affordability
  • Verified
  • Customer Reviewed
  • 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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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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Pennacook Pointe
Rent Specials
$995 - $1,095
Total Monthly Price

Total Monthly Price

Base Rent
$995 - $1,095
Total Monthly Price
$995 - $1,095
2 Bedroom Apartments Available Now

Pennacook Pointe

2538-2538 Pennacook RdLouisville, KY 40214
Cost Per Sq.Ft.
  • Verified
  • Utilities Included

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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Chapman Crossing
2 to 3 Bedroom Apartments

Chapman Crossing

625 Chapman Dr NWCorydon, IN 47112
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Kendall Arms
1 Bedroom Apartments

Kendall Arms

1830-1833 Kendall LnLouisville, KY 40216
Senior Living
  • Utilities Included
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6500 & 6506 Hackel Dr
2 Bedroom Apartments

6500 & 6506 Hackel Dr

6506 Hackel DrLouisville, KY 40258
  • Utilities Included

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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3404 Shagbark Rd
2 Bedroom Apartments

3404 Shagbark Rd

3404 Shagbark RdLouisville, KY 40216
  • Utilities Included
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Richardson 52 Apartments
1 to 2 Bedroom Apartments

Richardson 52 Apartments

3508 Fern Lea RdLouisville, KY 40216
Senior Living
  • Utilities Included
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Lower Hunters Trace
1 to 3 Bedroom Apartments

Lower Hunters Trace

4610-4614 Kerrick lnLouisville, KY 40258

Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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Showing Results 1-47, Page 1 of 1

Central, IN Local Guide

Cheapest Available Central Apartments for Rent and Nearby

 

The cheapest available apartment rental in Central, IN is a 1 Bed unit found at Knox Landing priced from $700. Southwood in the South Louisville neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $749. Here is today’s list of the most affordable Central apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Knox Landing1 Bed / 1 Bath1BR,1BA$700
Southwood1 Bed, 1 bath1BR,1BA$749
Iroquois Green1 Bedroom - Garden Level1BR,1BA$755
Broadleaf ArmsOne Bedroom One Bathroom1BR,1BA$764
Chapman Crossing2 Bedroom2BR,1BA$839
Newberry ParcOne Bedroom1BR,1BA$849
Miller Manor Apartments1 Bed1BR,1BA$850
Greenwood Place Apartments1+11BR,1BA$850
The San Jose Court Apartment CommunityOne-bedroom1BR,1BA$875
The Rockford Arms Apartment CommunityOne-bedroom1BR,1BA$875

Best Value Apartments for Rent in Central, IN and Nearby

As of April 07, 2026 the best value apartment in the Central area is the $1.09 price per square foot 3.2 Model at Woods Of Glen Hill Manor in the in the South Louisville neighborhood starting from $1,150. The second greatest value Central apartment is the 2 Bedroom Model at Chapman Crossing starting at $839 with a $0.80 price per square foot . 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.
Woods Of Glen Hill Manor3.23BR,2BA$1.09
Chapman Crossing2 Bedroom2BR,1BA$0.80
Pennacook Pointe2 Bedroom2BR,1BA$1.00
By the ParkTwo bedroom2BR,1BA$0.93
Miller Manor Apartments2 Bed2BR,1BA$1.11
Embassy Townhomes2 Bed, 1.5 Bath2BR,1.5BA$1.00
Newberry ParcOne Bedroom1BR,1BA$0.98
Broadleaf ArmsOne Bedroom One Bathroom1BR,1BA$0.96
The San Jose Court Apartment CommunityOne-bedroom1BR,1BA$1.09
Knox Landing1 Bed / 1 Bath1BR,1BA$1.06

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

Explore Central, IN Rentals by Map

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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 $700 at Knox Landing.

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 $800 at Knox Landing.

What is the most affordable Central Three Bedroom Apartment?

The best deal on a cheap Central Three Bedroom Apartment rental is at Knox Landing and starts from $900.

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 Maximizing Your Refund: Essential Tax Tips for Renters article

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.

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.