Cheap Apartments for Rent in Colfax, IN from $700 (42 Rentals)

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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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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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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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Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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Georgetown South
1 to 2 Bedroom Apartments

Georgetown South

1855 Shoshone DrLafayette, IN 47909
  • Utilities Included

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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Parkview of Lebanon
1 to 2 Bedroom Apartments

Parkview of Lebanon

346 Longley DrLebanon, IN 46052
Corporate Housing
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Colfax, IN Local Guide

Cheapest Available Colfax Apartments for Rent and Nearby

 

The cheapest available apartment rental in Colfax, IN is a 1 Bed unit found at Waterford Court priced from $735. Turtle Creek Frankfort has the second lowest priced unit, which is a Studio apartment currently listed from $750. Here is today’s list of the most affordable Colfax apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Waterford CourtStandard One Bedroom (SN1)1BR,1BA$735
Turtle Creek FrankfortEmeraldStudio,1BA$750
STERLING COURT APARTMENTSApartment 1bd1BR,1BA$775
Pheasant RunThe Pheasant 1 BR 1 BA1BR,1BA$796
Nickel Plate FlatsLeRoyStudio,1BA$825
Village Square Apartments1x1B1BR,1BA$890
Concord CrossingWEA CREEK TERRACE Apartment: April 17, 20261BR,1BA$900
Crosspoint Apartments1 BR1BR,1BA$960
Winfield Farms - Garages Available1 Bedroom1BR,1BA$975
451 Lebanon Apartments1D1BR,1BA$990

Best Value Apartments for Rent in Colfax, IN and Nearby

As of January 26, 2026 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 3 bed 2 bath Renovated Model at Windemere Apartments starting at $1,400 with a $1.10 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
Windemere Apartments3 bed 2 bath Renovated3BR,2BA$1.10
Cross Winds Apartments2x2 1064 Sq Ft2BR,2BA$1.13
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
Cypress SquareB12BR,1BA$1.30
Anvil 38 Apartments2A2BR,2BA$1.41
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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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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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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Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Colfax, IN Rentals by Map

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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 $750.

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

The lowest price for a Cheap One Bedroom Colfax Apartment is $735 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 $971 at Waterford Court.

What is the most affordable Colfax Three Bedroom Apartment?

The best deal on a cheap Colfax Three Bedroom Apartment rental is at Winfield Farms - Garages Available and starts from $1,185.

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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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.

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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.

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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.