Cheap Apartments for Rent near Clayton, IN from $945 (45 Rentals)

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

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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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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Harpers Crossing
1 to 3 Bedroom Apartments

Harpers Crossing

311 Harpers CrossingPlainfield, IN 46168
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Stanley Terrace
1 to 3 Bedroom Apartments

Stanley Terrace

451 N Vine StPlainfield, IN 46168
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Camby Crossing
1 to 3 Bedroom Apartments

Camby Crossing

7402 Camby Crossing DrCamby, IN 46113

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 1-45, Page 1 of 1

Clayton, IN Local Guide

Cheapest Neighborhoods for Apartments in Clayton, IN

Pricing Updated: 09/13/2026

Current apartment rentals in the Clayton, IN area range in price from $250 to $3,604 with an overall median price of $1,570. Here is today’s list neighborhoods with the lowest median pricing for Clayton Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Lizton Clayton$1,570$250128

Cheapest Available Clayton Apartments for Rent and Nearby

 

The cheapest available apartment rental in Clayton, IN is a 2 Beds unit found at Harpers Crossing in the The Settlement - Designer neighborhood priced from $513. 5380 E Main St in the Lizton Clayton neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $960. Here is today’s list of the most affordable Clayton apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Harpers Crossing2 Bedroom2BR,1BA$513
5380 E Main St1BR/ 1BA1BR,1BA$960
LaCabreah ApartmentsDover1BR,1BA$1,025
Steeplechase at Shiloh Crossing1 Bed 1 Bath A21BR,1BA$1,110
Stanley Terrace1 Bedroom1BR,1BA$1,155
Settlers RunThe Hills1BR,1BA$1,165
Saratoga Crossing Apartment HomesThe Camden1BR,1BA$1,215
LINDEN SQUAREChelsea1BR,1BA$1,223
Center Street ApartmentsB1 R2BR,1BA$1,225
Hunter Ridge Apartments2x1H R2BR,1BA$1,230

Best Value Apartments for Rent in Clayton, IN and Nearby

As of September 13, 2026 the best value apartment in the Clayton area is the $1.46 price per square foot Pine | Renovated Model at Double Creek Flats Apartments in the in the Avon Creek Estates neighborhood starting from $1,863. The second greatest value Clayton apartment is the The Caen Hill Model at The Bristol Apartments starting at $1,682 with a $1.42 price per square foot in the Camby neighborhood. Here is today’s list of the best values for Clayton apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Double Creek Flats ApartmentsPine | Renovated3BR,2BA$1.46
The Bristol ApartmentsThe Caen Hill3BR,2BA$1.42
The BarlowThe West2BR,2BA$1.52
Gladden Farms Apartments2 Bedroom 2 Bath 60%2BR,2BA$1.34
Residences on Ronald ReaganDutch1BR,1BA$1.41
Regency PreserveIRIS1BR,1BA$1.48
Hunter Ridge Apartments2x1H R2BR,1BA$1.45
Lakeside at Walnut Hills2 Bed 1 Bath2BR,1BA$1.52
LaCabreah ApartmentsDover1BR,1BA$1.22
Harpers Crossing1 Bedroom1BR,1BA$1.24

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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Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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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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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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Clayton, IN

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

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Frequently Asked Questions about Cheap Clayton Apartments

What is the Cheapest Studio apartment in Clayton?

Currently the most affordable Cheap Studio Apartment in Clayton is at Hobbs Station listed at $1,359.

How much is rent for a Cheap One Bedroom Clayton Apartment?

The lowest price for a Cheap One Bedroom Clayton Apartment is $840 at Harpers Crossing.

What is the lowest price for a Cheap Two Bedroom Clayton Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Clayton is starting from $513 at Harpers Crossing.

What is the most affordable Clayton Three Bedroom Apartment?

The best deal on a cheap Clayton Three Bedroom Apartment rental is at Harpers Crossing and starts from $1,171.

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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Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!

Written by: Robin Stewart

Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

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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.