
Cheap Apartments for Rent in Clay City, IN from $300 (31 Rentals)
Search the lowest-cost Apartments available for rent right now in Clay City.


River Valley Apartments

Anthony Square Senior Apartments

Arbors at Honey Creek

Union Pointe

Northwind

Harrison West
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.

Willow Crossings

Lakewood Apartments

Springhill Apartments

THE GROVE AT FARRINGTON

Roban Apartments

Woodland Springs

Winston Terrace
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.

Ashton Apartments

Total Monthly Price
Riverside Apartments

The Village Quarter

Basswood Apartments

The Village

Union at Crescent

The Landings
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.

Historic Walnut Square

143 E Griffith St

2015 Washington Ave

626 E Curry Dr

KINGSTON RIDGE APARTMENTS

1268 E Dawn Dr

3805 S St Rd
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.

1822 E Southern Manor Dr

207 Lincoln Dr

The Deming
Clay City, IN Local Guide

How much does it cost to rent an apartment in Clay City?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Clay City Studio Apartments | $1,061 | $425 | $1,569 |
| Clay City 1 Bedroom Apartments | $1,334 | $525 | $1,819 |
| Clay City 2 Bedroom Apartments | $1,463 | $460 | $2,409 |
| Clay City 3 Bedroom Apartments | $1,717 | $549 | $2,739 |
| Clay City 4 Bedroom Apartments | $1,163 | $430 | $1,980 |
Browse Top Apartments in Clay City
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Clay City, IN Local Guide
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Cheapest Available Clay City Apartments for Rent and Nearby
 The cheapest available apartment rental in Clay City, IN is a 1 Bed unit found at Anthony Square Senior Apartments in the Downtown Terre Haute neighborhood priced from $525. Union Pointe in the Downtown Terre Haute neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $550. Here is today’s list of the most affordable Clay City apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Anthony Square Senior Apartments | 1 BR, 1 BA | 1BR,1BA | $525 |
| Union Pointe | 1 Bedroom | 1BR,2BA | $550 |
| Arbors at Honey Creek | 2x2 | 2BR,2BA | $610 |
| Cine Senior Apartments | Two Bedroom | 2BR,1BA | $690 |
| Harrison West | 1 Bedroom | 1BR,1BA | $725 |
| Willow Crossings | Phase I - Studio | Studio,1BA | $730 |
| KINGSTON RIDGE APARTMENTS | 1 Bedroom 1 Bathroom - Apartment | 1BR,1BA | $735 |
| Lakewood Apartments | 1 Bed with stack wash/dry | 1BR,1BA | $750 |
| THE GROVE AT FARRINGTON | 2 Bed 1 Bath | 2BR,1BA | $750 |
| Woodland Springs | 1 Bedroom | 1BR,1BA | $775 |
Best Value Apartments for Rent in Clay City, IN and Nearby
As of July 03, 2026 the best value apartment in the Clay City area is the $1.08 price per square foot C2 Model at Sycamore Terrace in the starting from $1,799. The second greatest value Clay City apartment is the 2x2 Model at Arbors at Honey Creek starting at $610 with a $0.57 price per square foot in the Downtown Terre Haute neighborhood. Here is today’s list of the best values for Clay City apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Sycamore Terrace | C2 | 3BR,2BA | $1.08 |
| Arbors at Honey Creek | 2x2 | 2BR,2BA | $0.57 |
| Winston Terrace | 2BR/1BA | 2BR,1BA | $0.94 |
| THE GROVE AT FARRINGTON | 2 Bed 1 Bath | 2BR,1BA | $0.90 |
| The Annex of Terre Haute | 2 Bed 1 Bath | 2BR,1BA | $0.77 |
| Ashton Apartments | 1BR/1.5BA | 1BR,1.5BA | $0.97 |
| Woodland Springs | 1 Bedroom | 1BR,1BA | $1.05 |
| KINGSTON RIDGE APARTMENTS | 1 Bedroom 1 Bathroom - Apartment | 1BR,1BA | $1.08 |
| Sycamore Place | 2.1 C | 2BR,1BA | $0.80 |
| Union Pointe | 1 Bedroom | 1BR,2BA | $0.92 |
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 ArticleReal 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.
Read ArticleQuick 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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Clay City, IN Rentals by Map
See the most popular apartments and homes in Clay City, IN
Frequently Asked Questions about Cheap Clay City Apartments
What is the Cheapest Studio apartment in Clay City?
Currently the most affordable Cheap Studio Apartment in Clay City is at Willow Crossings listed at $730.
How much is rent for a Cheap One Bedroom Clay City Apartment?
The lowest price for a Cheap One Bedroom Clay City Apartment is $525 at Anthony Square Senior Apartments.
What is the lowest price for a Cheap Two Bedroom Clay City Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Clay City is starting from $610 at Arbors at Honey Creek.
What is the most affordable Clay City Three Bedroom Apartment?
The best deal on a cheap Clay City Three Bedroom Apartment rental is at Arbors at Honey Creek and starts from $706.
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

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.

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.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.