Cheap Homes for Rent in Chesterfield, IN from $500 (6 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
By AmenitiesDone
By Community TypeDone
Done

Search the lowest-cost Homes available for rent right now in Chesterfield.

Chesterfield, IN Local Guide

Cheapest Available Chesterfield Apartments for Rent and Nearby

 

The cheapest available apartment rental in Chesterfield, IN is a 1 Bed unit found at The Towers at Southdale Affordable Senior priced from $250. The Haven in the Westacres neighborhood has the second lowest priced unit, which is a 4 Beds apartment currently listed from $530. Here is today’s list of the most affordable Chesterfield apartments for rent:

Apartment ListingModel NameBed/BathPriced From
The Towers at Southdale Affordable Senior1 Bed/ 1 Bath1BR,1BA$250
The Haven4x44BR,4BA$530
Yugo Muncie Varsity House3 Bed, 3 Bath Classic Renovated3BR,3BA$569

Best Value Apartments for Rent in Chesterfield, IN and Nearby

As of October 02, 2025 the best value apartment in the Chesterfield area is the $0.62 price per square foot 2BD/2BA Furnished Premium Model at University Village in the in the Westacres neighborhood starting from $809. The second greatest value Chesterfield apartment is the The Sequoia Model at Cedar Ridge Townhomes starting at $1,120 with a $0.92 price per square foot . Here is today’s list of the best values for Chesterfield apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
University Village2BD/2BA Furnished Premium2BR,2BA$0.62
Cedar Ridge TownhomesThe Sequoia3BR,1.5BA$0.92
White River LoftsPRICE DROP White River Lofts - Layout G. $350 G...2BR,2BA$1.21
Crestwood MHCSpirit2BR,2BA$1.34
Yugo Muncie Varsity House2 Bed, 2 Bath Renovated2BR,2BA$0.89
Silvertree CommunitiesSilvertree 2bd2BR,1BA$0.72
6301 W Kilgore Ave1 Bed, 1 Bath1BR,1BA$1.33
Forest Oaks Apartments1 Bed 1 Bath (Down)1BR,1BA$1.27
The Towers at Southdale Affordable Senior1 Bed/ 1 Bath1BR,1BA$0.45
The Haven2x22BR,2BA$1.36

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.

decorative image of people with a giant lease agreement

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

Explore Chesterfield, IN Rentals by Map

View Map
Chesterfield, IN Apartments Map
View Map
Chesterfield, IN Rental Homes Map

Frequently Asked Questions about Chesterfield

What type of rentals are currently available in Chesterfield?

There are currently 51 Apartments for Rent in Chesterfield, IN with pricing that ranges from $250 to $2,515. There are also 39 Single Family Homes for rent, Condos, and Townhome rentals currently available in Chesterfield ranging from $525 to $3,800.

What is the current price range for Rental Homes in Chesterfield?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Chesterfield ranges from $525 to $3,800 with an average monthly rent of $1,714.

How much are larger Three and Four Bedroom Rentals in Chesterfield?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Chesterfield range from $350 to $2,515, while Three Bedroom Homes, Condos, and Townhomes for rent range from $900 to $2,515. Four Bedroom Single-Family rentals are also available starting from $1,200 and Four Bedroom Apartments start at $350.

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.

decorative image for How to Negotiate Your Apartment Lease and Save Money article

How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

decorative image for The Rental Move-In Inspection Checklist: A Guide for Renters article

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.

decorative image for Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between article

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.