Cheap Homes for Rent in Colfax, IN from $700 (10 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.

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.

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 $715. 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 (SN1)1BR,1BA$715
Eastgate Townhomes1 Bed 1 Bath1BR,2BA$800

Best Value Apartments for Rent in Colfax, IN and Nearby

As of September 07, 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 3x2 R Model at Village Square Apartments starting at $1,427 with a $1.13 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 BluffsGrand - Garage Included3BR,2BA$1.39
Village Square Apartments3x2 R3BR,2BA$1.13
The Ravine Apartment Homes2BR2BR,2BA$1.11
Kise Estates ApartmentsTwo Bedroom2BR,1BA$1.22
Cypress Square2BD/1BA2BR,1BA$1.30
Georgetown South2 Bedroom2BR,1BA$1.33
Eastgate Townhomes2 Bed 1 Bath Townhome2BR,1BA$1.05
Shenandoah PropertiesWABASH II apartment1BR,1BA$0.98
Deerfield Commons ApartmentsProphet2BR,1BA$1.40
Cross Winds Apartments1x1 800 Sq Ft1BR,1BA$1.25

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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!

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Frequently Asked Questions about Colfax

What type of rentals are currently available in Colfax?

There are currently 46 Apartments for Rent in Colfax, IN with pricing that ranges from $625 to $2,895. There are also 38 Single Family Homes for rent, Condos, and Townhome rentals currently available in Colfax ranging from $750 to $2,500.

What is the current price range for Rental Homes in Colfax?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Colfax ranges from $750 to $2,500 with an average monthly rent of $1,567.

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.

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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.

decorative image for The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro article

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

decorative image for Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting article

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Written by: Christine Leonard, Esq.

Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.