Cheap Apartments for Rent in Colfax, IN from $600 (25 Rentals)

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

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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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.

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Cash 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.

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The Art of the Rental Viewing: What to look for during a property tour

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.

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Showing Results 1-25, Page 1 of 1

Colfax, IN Local Guide

Cheapest Available Colfax Apartments for Rent and Nearby

 

The cheapest available apartment rental in Colfax, IN is a Studio unit found at Turtle Creek Frankfort priced from $625. Waterford Court has the second lowest priced unit, which is a 1 Bed apartment currently listed from $758. Here is today’s list of the most affordable Colfax apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Turtle Creek FrankfortEmeraldStudio,1BA$625
Waterford CourtStandard One Bedroom (SN2)1BR,1BA$758
STERLING COURT APARTMENTSApartment 1bd1BR,1BA$775
Pheasant RunThe Pheasant 1 BR 1 BA1BR,1BA$854
Anvil 38 ApartmentsSAStudio,1BA$856

Best Value Apartments for Rent in Colfax, IN and Nearby

As of December 11, 2025 the best value apartment in the Colfax area is the $1.39 price per square foot Grand Model at Avalon Bluffs in the starting from $2,200. The second greatest value Colfax apartment is the Duet Model at Overture Flats starting at $1,685 with a $1.42 price per square foot . Here is today’s list of the best values for Colfax apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Avalon BluffsGrand3BR,2BA$1.39
Overture FlatsDuet2BR,2BA$1.42
Sagamore Winds Apartments2 Bed/2 Bath B2BR,2BA$1.40
The Ravine Apartment Homes2 BR UPGRA2BR,1.5BA$1.23
Amelia Place Apartments2A2BR,2BA$1.42
Cloverdale Heights2 bedroom townhome2BR,1.5BA$0.94
Kise Estates ApartmentsTwo Bedroom2BR,1BA$1.24
Cross Winds Apartments1x1 800 Sq Ft1BR,1BA$1.25
The Harbor at Southaven1BR/1BA1BR,1BA$1.40
STERLING COURT APARTMENTSApartment 1bd1BR,1BA$1.30

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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The 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.

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Quick 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.

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Pet Friendly Lifestyle
Colfax, IN

Ranked #50

Among cities in Indiana for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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

Explore Colfax, IN Rentals by Map

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See the most popular apartments and homes in Colfax, IN

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Getting Around Colfax, IN

Walk Score®

7 / 100

Car-Dependent

Almost all errands require a car

Bike Score®

35 / 100

Somewhat Bikeable

Minimal bike infrastructure

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

Frequently Asked Questions about Cheap Colfax Apartments

What is the Cheapest Studio apartment in Colfax?

Currently the most affordable Cheap Studio Apartment in Colfax is at Turtle Creek Frankfort listed at $625.

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

The lowest price for a Cheap One Bedroom Colfax Apartment is $758 at Waterford Court.

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

Today's best deal for a Cheap Two Bedroom Apartment in Colfax is starting from $850 at Turtle Creek Frankfort.

What is the most affordable Colfax Three Bedroom Apartment?

The best deal on a cheap Colfax Three Bedroom Apartment rental is at Cloverdale Heights and starts from $1,000.

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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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.