Cheap Apartments for Rent near Clayton, IN from $800 (37 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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property at 156 W Main St

$825

1 Bedroom Rentals

Available Now

156 W Main St

MooresvilleIN46158
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Harpers Crossing
1 to 3 Bedroom Apartments

Harpers Crossing

311 Harpers CrossingPlainfield, IN 46168
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Camby Crossing
1 to 3 Bedroom Apartments

Camby Crossing

7402 Camby Crossing DrCamby, IN 46113
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Stanley Terrace
1 to 3 Bedroom Apartments

Stanley Terrace

451 N Vine StPlainfield, IN 46168
property at 9 Keller Dr

$1,200

Studio Rentals

Available Now

9 Keller Dr

MooresvilleIN46158

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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Showing Results 1-37, Page 1 of 1

Clayton, IN Local Guide

Cheapest Neighborhoods for Apartments in Clayton, IN

Pricing Updated: 07/29/2026

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

NeighborhoodMedian PriceMin PriceAvailable Units
Lizton Clayton$2,674$945103

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 $1,012. LaCabreah Apartments in the Lizton Clayton neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,015. Here is today’s list of the most affordable Clayton apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Harpers Crossing2 Bedroom2BR,1BA$1,012
LaCabreah ApartmentsDover1BR,1BA$1,015
Aberdeen ApartmentsAbbington1BR,1BA$1,082
Crown PlazaDover (A1)1BR,1BA$1,175
Canyon Club at Perry CrossingGem (A)1BR,1BA$1,229
Hunter Ridge Apartments2x1H R-Prem2BR,1BA$1,230
Residences on Ronald ReaganDutch1BR,1BA$1,255
Regency PreserveIRIS1BR,1BA$1,275
Center Street ApartmentsWaitlist...Spacious 2-bedroom apartment home!2BR,1BA$1,280
LINDEN SQUARESomerset1BR,1BA$1,284

Best Value Apartments for Rent in Clayton, IN and Nearby

As of July 30, 2026 the best value apartment in the Clayton area is the $1.42 price per square foot The Princeton Model at Saratoga Crossing Apartment Homes in the in the The Settlement - Designer neighborhood starting from $1,564. The second greatest value Clayton apartment is the 3 Bedroom Model at Harpers Crossing starting at $1,350 with a $1.24 price per square foot in the The Settlement - Designer 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.
Saratoga Crossing Apartment HomesThe Princeton2BR,2BA$1.42
Harpers Crossing3 Bedroom3BR,1.5BA$1.24
Central Park ApartmentsTime Square | 2 Bedroom 2 Bathroom with 1050 Sq...2BR,2BA$1.48
Settlers RunThe Ranch2BR,2BA$1.27
Hillcrest Apartments2x1A2BR,1BA$1.29
Residences on Ronald ReaganDutch1BR,1BA$1.42
Regency PreserveIRIS1BR,1BA$1.48
Lakeside at Walnut Hills2 Bed 1 Bath2BR,1BA$1.52
Hunter Ridge Apartments2x1H R-Prem2BR,1BA$1.45
LaCabreah ApartmentsDover1BR,1BA$1.21

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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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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Best Local Schools in
Clayton, IN

School data provided by Great Schools

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 $1,299.

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

The lowest price for a Cheap One Bedroom Clayton Apartment is $1,015 at LaCabreah Apartments.

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 $1,012 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 $1,350.

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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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.

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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.