
Cheap Homes for Rent in Cloverdale, IN from $400 (12 Rentals)
Search the lowest-cost Homes available for rent right now in Cloverdale.


259 N Main St

60 W Morgan St

910 N Meridian St Rd

419 S Home Ave

409 S Home Ave
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.

170 N Main St

25 W Collins St

655 N Graham St

48 1/2 E Main St

61 E Park St

9672 Spur Line Ct
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.
Cloverdale, IN Local Guide

How much does it cost to rent a home in Cloverdale?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Cloverdale 2 Bedroom Homes for Rent | $1,066 | $425 | $1,750 |
| Cloverdale 3 Bedroom Homes for Rent | $1,966 | $1,395 | $2,449 |
| Cloverdale 4 Bedroom Homes for Rent | $2,248 | $1,950 | $2,800 |
| Cloverdale 5 Bedroom Homes for Rent | $2,560 | $1,750 | $2,950 |
Browse Top Homes for Rent in Cloverdale
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Cloverdale, IN Local Guide
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Cheapest Available Cloverdale Apartments for Rent and Nearby
 The cheapest available apartment rental in Cloverdale, IN is a 1 Bed unit found at Stanley Terrace in the The Settlement - Designer neighborhood priced from $423. Vivo Living in the Downtown Bloomington IN neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $549. Here is today’s list of the most affordable Cloverdale apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Stanley Terrace | One Bedroom | 1BR,1BA | $423 |
| Vivo Living | Vivo Living - Petite Studio | Studio,1BA | $549 |
| Park North Apartments | PARK NORTH STUDIO APARTMENTS - AVAILABLE JANUAR... | Studio,1BA | $675 |
| Harpers Crossing | 1 bdr | 1BR,1BA | $840 |
| Stafford Pointe | 1 BR/ 1 BA | 1BR,1BA | $860 |
Best Value Apartments for Rent in Cloverdale, IN and Nearby
As of April 16, 2026 the best value apartment in the Cloverdale area is the $1.17 price per square foot 3 Bedroom with a den Model at Stapleton in the in the Downtown Bloomington IN neighborhood starting from $1,875. The second greatest value Cloverdale apartment is the 4BR/4.0BA Model at Ashton Apartments starting at $1,980 with a $1.32 price per square foot . Here is today’s list of the best values for Cloverdale apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Stapleton | 3 Bedroom with a den | 3BR,2.5BA | $1.17 |
| Ashton Apartments | 4BR/4.0BA | 4BR,4BA | $1.32 |
| Stafford Pointe | 3 BR/ 1.5 BA Townhouse | 3BR,1.5BA | $1.33 |
| Redwood Danville | Forestwood | 2BR,2BA | $1.40 |
| Settlers Run | The Orchard | 3BR,2BA | $1.32 |
| Gladden Farms Apartments | The Summit - 3 Bedroom 2 Bathroom | 3BR,2BA | $1.09 |
| Stanley Terrace | Two Bedroom | 2BR,1BA | $1.06 |
| Lakeside at Walnut Hills | 2 Bed 1 Bath | 2BR,1BA | $1.35 |
| The Landings | 1 Bedroom | 1BR,1BA | $1.22 |
| Harpers Crossing | 1 bdr | 1BR,1BA | $1.24 |
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
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
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.
Best Local Schools in Cloverdale, IN
Cloverdale Elementary School
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Cloverdale, IN Rentals by Map
See the most popular apartments and homes in Cloverdale, IN
Frequently Asked Questions about Cloverdale
What type of rentals are currently available in Cloverdale?
There are currently 56 Apartments for Rent in Cloverdale, IN with pricing that ranges from $423 to $3,499. There are also 37 Single Family Homes for rent, Condos, and Townhome rentals currently available in Cloverdale ranging from $425 to $2,950.
What is the current price range for Rental Homes in Cloverdale?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Cloverdale ranges from $425 to $2,950 with an average monthly rent of $1,680.
How much are larger Three and Four Bedroom Rentals in Cloverdale?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Cloverdale range from $1,050 to $3,499, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,395 to $2,449. Four Bedroom Single-Family rentals are also available starting from $1,950 and Four Bedroom Apartments start at $899.
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

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.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.