5312 Milner Rd
LouisvilleKY40216
Cheap Homes for Rent in Central, IN from $500 (6 Rentals)
Search the lowest-cost Homes available for rent right now in Central.
1302 Main St
West PointKY40177
4806 Saddlebrook Ln
LouisvilleKY40216
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.
5100 Valiant Dr
LouisvilleKY40216
4119 Glen Hill Manor Dr
LouisvilleKY40272
10404 Greentree Ln
LouisvilleKY40272
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.
Showing Results 1-6, Page 1 of 1
Central, IN Local Guide
Winding Indiana road by wsilver is licensed under CC BY 2.0
How much does it cost to rent a home in Central?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Central 2 Bedroom Homes for Rent | $1,232 | $949 | $1,400 |
| Central 3 Bedroom Homes for Rent | $1,612 | $1,195 | $2,400 |
| Central 4 Bedroom Homes for Rent | $2,115 | $1,399 | $3,199 |
Browse Top Homes for Rent in Central
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Central, IN Local Guide
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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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Knox Landing | 1 Bed / 1 Bath | 1BR,1BA | $700 |
| Southwood | 1 Bed, 1 bath | 1BR,1BA | $749 |
| Iroquois Green | 1 Bedroom - Garden Level | 1BR,1BA | $755 |
Best Value Apartments for Rent in Central, IN and Nearby
As of May 27, 2026 the best value apartment in the Central area is the $1.03 price per square foot C1 Model at Riverport Landing Family Apartments in the in the Riverside Gardens neighborhood starting from $1,218. The second greatest value Central apartment is the 2 Bedroom, 2 Bathroom Model at Hunters Run starting at $1,065 with a $0.92 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Riverport Landing Family Apartments | C1 | 3BR,2BA | $1.03 |
| Hunters Run | 2 Bedroom, 2 Bathroom | 2BR,2BA | $0.92 |
| By the Park | Two bedroom | 2BR,1BA | $0.93 |
| Pennacook Pointe | 2 Bedroom | 2BR,1BA | $1.00 |
| Riverport Landings Senior | 2B1B | 2BR,1BA | $1.02 |
| Anderson Estates | Two Bedroom One Bath | 2BR,1BA | $1.02 |
| Embassy Townhomes | 2 Bed, 1.5 Bath | 2BR,1.5BA | $1.00 |
| Newberry Parc | One Bedroom | 1BR,1BA | $1.01 |
| Greenwood Place Apartments | 1+1 | 1BR,1BA | $0.98 |
| Broadleaf Arms | One Bedroom One Bathroom | 1BR,1BA | $0.96 |
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.
Read Article
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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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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See the most popular apartments and homes in Central, IN
Frequently Asked Questions about Central
What type of rentals are currently available in Central?
There are currently 53 Apartments for Rent in Central, IN with pricing that ranges from $700 to $1,883. There are also 32 Single Family Homes for rent, Condos, and Townhome rentals currently available in Central ranging from $550 to $3,199.
What is the current price range for Rental Homes in Central?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Central ranges from $550 to $3,199 with an average monthly rent of $1,283.
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
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.
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.
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.
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.