Cheap Apartments for Rent in Colfax, IN from $600 (28 Rentals)

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

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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property at 1818 Michigan St

1818 Michigan St

CrawfordsvilleIN47933
property at 904 Sloan St

904 Sloan St

CrawfordsvilleIN47933

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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Showing Results 1-28, 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 Eastgate Townhomes priced from $650. Pheasant Run in the Downtown Lafayette neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $865. Here is today’s list of the most affordable Colfax apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Eastgate TownhomesStudioStudio,1BA$650
Pheasant RunThe Retriever StudioStudio,1BA$865
Village Square Apartments1X1B R1BR,1BA$950
Concord CrossingWEA CREEK I Apartment: NEW Construction JANUARY...1BR,1BA$950
Winfield Farms - Garages Available1 Bedroom1BR,1BA$975
Deerfield Commons ApartmentsDigby1BR,1BA$995
Cross Winds Apartments1x1 800 Sq Ft1BR,1BA$1,000
Georgetown South2 Bedroom2BR,1BA$1,050
Kise Estates ApartmentsTwo Bedroom2BR,1BA$1,115
The BrakemanA-ADA1BR,1BA$1,149

Best Value Apartments for Rent in Colfax, IN and Nearby

As of June 03, 2025 the best value apartment in the Colfax area is the $1.39 price per square foot Grand - Garage Included Model at Avalon Bluffs in the starting from $2,200. The second greatest value Colfax apartment is the 3 Bedroom 2.5 Bathroom The Lawrence Model at Honor Meadows Owner LLC starting at $1,999 with a $1.36 price per square foot in the Lebanon Whitestown neighborhood. 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 BluffsGrand - Garage Included3BR,2BA$1.39
Honor Meadows Owner LLC3 Bedroom 2.5 Bathroom The Lawrence3BR,2.5BA$1.36
Parkview of LebanonThe Birchwood (Renovated)2BR,2BA$1.20
Sagamore Winds Apartments2 Bed/2 Bath B2BR,2BA$1.38
Kise Estates ApartmentsTwo Bedroom2BR,1BA$1.16
Georgetown South2 Bedroom2BR,1BA$1.16
Cross Winds Apartments1x1 800 Sq Ft1BR,1BA$1.25
Village Square Apartments1X1B R1BR,1BA$1.22
Concord CrossingWEA CREEK I Apartment: NEW Construction JANUARY...1BR,1BA$1.32
Eastgate TownhomesStudioStudio ,1BA$1.35

Quick Rent Budget Calculator

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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 Eastgate Townhomes listed at $650.

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

The lowest price for a Cheap One Bedroom Colfax Apartment is $933 at Pheasant Run.

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 $954 at Pheasant Run.

What is the most affordable Colfax Three Bedroom Apartment?

The best deal on a cheap Colfax Three Bedroom Apartment rental is at Deerfield Commons Apartments and starts from $1,430.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

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

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

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

decorative image for Know Your Budget: Calculating What You Can Realistically Afford When Renting article

Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

decorative image for Navigating the Rental Market: Tips for First-Time Renters article

Navigating the Rental Market: Tips for First-Time Renters

Written by: Sandy Baker

Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.