Cheap Apartments for Rent near Clay City, IN from $399 (48 Rentals)

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

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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Historic Walnut Square
1 to 3 Bedroom Apartments

Historic Walnut Square

200 S 6th StTerre Haute, IN 47807
  • Utilities Included

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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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.

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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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Showing Results 1-48, Page 1 of 1

Clay City, IN Local Guide

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. Sycamore Place in the Downtown Terre Haute neighborhood has the second lowest priced unit, which is a 3 Beds apartment currently listed from $549. Here is today’s list of the most affordable Clay City apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Anthony Square Senior Apartments1 BR, 1 BA1BR,1BA$525
Sycamore Place3 Bedroom 1.5 Bathroom Townhouse Fall 20263BR,1BA$549
Union Pointe1 Bedroom1BR,2BA$550
Arbors at Honey Creek2x22BR,2BA$610
Cine Senior ApartmentsTwo Bedroom2BR,1BA$690
Woodland Springs1 Bedroom1BR,1BA$725
KINGSTON RIDGE APARTMENTS1 Bedroom 1 Bathroom - Apartment1BR,1BA$735
The Village1BR/1.0BA1BR,1BA$750
Ashton Apartments1BR/1.5BA1BR,1BA$780
Willow CrossingsPhase III - 1 Bed 1 Bath1BR,1BA$795

Best Value Apartments for Rent in Clay City, IN and Nearby

As of August 28, 2026 the best value apartment in the Clay City area is the $0.33 price per square foot 4 Bed 2 bath Model at The Annex of Terre Haute in the in the Downtown Terre Haute neighborhood starting from $399. The second greatest value Clay City apartment is the 3 Bedroom Model at Harrison West starting at $1,000 with a $0.91 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 ListingModel NameBed/BathPrice Per Sq.Ft.
The Annex of Terre Haute4 Bed 2 bath4BR,2BA$0.33
Harrison West3 Bedroom3BR,2BA$0.91
Arbors at Honey Creek2x22BR,2BA$0.57
River Valley Apartments2 Bedroom, 2 Bath2BR,2BA$1.11
Center City Apartments2 Bedroom 1 Bath2BR,1BA$1.17
Ashton Apartments1BR/1.5BA1BR,1.5BA$0.95
Woodland Springs1 Bedroom1BR,1BA$0.98
Riverside Apartments2 Bedroom2BR,1BA$1.14
KINGSTON RIDGE APARTMENTS1 Bedroom 1 Bathroom - Apartment1BR,1BA$1.08
Union Pointe1 Bedroom1BR,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.

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

Explore Clay City, IN Rentals by Map

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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 Westgate on Third listed at $1,259.

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 $571 at Sycamore Place.

What is the most affordable Clay City Three Bedroom Apartment?

The best deal on a cheap Clay City Three Bedroom Apartment rental is at Sycamore Place and starts from $549.

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

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Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

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First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

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.