
Cheap Apartments for Rent in Claypool, IN from $400 (33 Rentals)
Search the lowest-cost Apartments available for rent right now in Claypool.


Northpointe/Lakepointe Apartment Homes

Welcome to Somerset Village!

Pechewa Place

Courts of Colfax Apartments

CLEAR CREEK APARTMENTS

Hilltop Ridge

Cedarwood
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.

Carriage Place Apartments

The Dunes

Millstone Apartments

UB Lofts

Autumn Hills II Apartments

Reserve at Norwood Apartment Homes

Wabash River Commons

The Cottages at Bridgewater (Senior 55+)
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.

North Ridge Apartments

Total Monthly Price
Centennial Crossing

Total Monthly Price
Mallard and HI-TEC Apartments

Simonson Estates Apartments

LaFontaine Center Affordable Senior Housing

221 Columbia St

3451 W 100 S

3451 W 100 N
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.

362 W 5th St

371 W 12th St

Roanoke Heights Apartments

362 N Line St

426 1/2 E Market St

24 Holiday Park

1335 Driftwood Alley

407 Parker St
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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.

The 2525
Claypool, IN Local Guide

How much does it cost to rent an apartment in Claypool?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Claypool Studio Apartments | $874 | $679 | $1,375 |
| Claypool 1 Bedroom Apartments | $1,003 | $418 | $1,830 |
| Claypool 2 Bedroom Apartments | $1,302 | $498 | $3,157 |
| Claypool 3 Bedroom Apartments | $1,853 | $891 | $2,285 |
Browse Top Apartments in Claypool
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Claypool, IN Local Guide
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Cheapest Available Claypool Apartments for Rent and Nearby
 The cheapest available apartment rental in Claypool, IN is a 2 Beds unit found at Historic Blue Bell Lofts priced from $498. Pechewa Place has the second lowest priced unit, which is a 1 Bed apartment currently listed from $729. Here is today’s list of the most affordable Claypool apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Historic Blue Bell Lofts | 2 Beds, 1 bath | 2BR,1BA | $498 |
| Pechewa Place | Upstairs 1 Bedroom | 1BR,1BA | $729 |
| Courts of Colfax Apartments | Winona | Studio,1BA | $750 |
| Hilltop Ridge | Mid Income Qualify | 2BR,1BA | $776 |
| Carriage Place Apartments | The Edison | 1BR,1BA | $828 |
| The Dunes | Senior Villa One Bed | 1BR,1BA | $845 |
| Millstone Apartments | 2 bedroom 1 bath | 2BR,1BA | $850 |
| Autumn Hills II Apartments | 1 Bed, 1 bath | 1BR,1BA | $875 |
| The Cottages at Bridgewater (Senior 55+) | 1 Bedroom | 1BR,1BA | $895 |
| Wabash River Commons | 1B1B SENIOR | 1BR,1BA | $895 |
Best Value Apartments for Rent in Claypool, IN and Nearby
As of April 29, 2026 the best value apartment in the Claypool area is the $0.36 price per square foot 2 Beds, 1 bath Model at Historic Blue Bell Lofts in the starting from $498. The second greatest value Claypool apartment is the 2 bedroom 1 bath Model at Millstone Apartments starting at $850 with a $0.87 price per square foot . Here is today’s list of the best values for Claypool apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Historic Blue Bell Lofts | 2 Beds, 1 bath | 2BR,1BA | $0.36 |
| Millstone Apartments | 2 bedroom 1 bath | 2BR,1BA | $0.87 |
| Simonson Estates Apartments | Two Bedroom One Bathroom | 2BR,1BA | $1.09 |
| Lakeland Villa Apartments | ***WAIT LIST APPLICATION*** | 2BR,2BA | $1.30 |
| The Dunes | One Bed Traditional Apartments | 1BR,1BA | $1.31 |
| Hilltop Ridge | 1 bed 1 bath | 1BR,1BA | $1.21 |
| Autumn Hills II Apartments | 1 Bed, 1 bath | 1BR,1BA | $1.35 |
| Carriage Place Apartments | The Edison | 1BR,1BA | $1.32 |
| Courts of Colfax Apartments | Winona | Studio ,1BA | $1.24 |
| Pechewa Place | Downstairs 1 Bedroom | 1BR,1BA | $1.22 |
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.
Read ArticleDon'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 ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
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Read ArticleCash 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.
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 Claypool, IN Rentals by Map
See the most popular apartments and homes in Claypool, IN
Frequently Asked Questions about Cheap Claypool Apartments
What is the Cheapest Studio apartment in Claypool?
Currently the most affordable Cheap Studio Apartment in Claypool is at Courts of Colfax Apartments listed at $750.
How much is rent for a Cheap One Bedroom Claypool Apartment?
The lowest price for a Cheap One Bedroom Claypool Apartment is $729 at Pechewa Place.
What is the lowest price for a Cheap Two Bedroom Claypool Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Claypool is starting from $498 at Historic Blue Bell Lofts.
What is the most affordable Claypool Three Bedroom Apartment?
The best deal on a cheap Claypool Three Bedroom Apartment rental is at Briar Ridge Apartments and starts from $1,425.
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

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.

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.