
Cheap Homes for Rent in Colfax, IN from $700 (9 Rentals)
Search the lowest-cost Homes available for rent right now in Colfax.


1910 Kossuth St

1008 North St

426.5 N Lebanon St
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

754 S 2nd St

108 Walnut St

101 Aspen Dr

1355 E Walnut St
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

108 N Oakland St
Colfax, IN Local Guide

How much does it cost to rent a home in Colfax?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Colfax 2 Bedroom Homes for Rent | $1,154 | $840 | $1,550 |
| Colfax 3 Bedroom Homes for Rent | $1,790 | $1,350 | $2,559 |
| Colfax 4 Bedroom Homes for Rent | $2,433 | $2,100 | $2,700 |
Browse Top Homes for Rent in Colfax
Explore Colfax
Colfax, IN Local Guide
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Available Colfax Apartments for Rent and Nearby
 The cheapest available apartment rental in Colfax, IN is a 1 Bed unit found at Cloverdale Heights priced from $890. Georgetown South has the second lowest priced unit, which is a 1 Bed apartment currently listed from $900. Here is today’s list of the most affordable Colfax apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Cloverdale Heights | 1 BR/ 1 BA (includes $30 water sewer trash) | 1BR,1BA | $890 |
| Georgetown South | 1 Bedroom | 1BR,1BA | $900 |
| Village Square Apartments | 1x1A R | 1BR,1BA | $925 |
Best Value Apartments for Rent in Colfax, IN and Nearby
As of July 23, 2026 the best value apartment in the Colfax area is the $1.30 price per square foot The Retreat 3 BR 2 BA Model at Pheasant Run in the starting from $1,619. The second greatest value Colfax apartment is the Tecumseh Model at Deerfield Commons Apartments starting at $1,430 with a $1.33 price per square foot . Here is today’s list of the best values for Colfax apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Pheasant Run | The Retreat 3 BR 2 BA | 3BR,2BA | $1.30 |
| Deerfield Commons Apartments | Tecumseh | 3BR,1.5BA | $1.33 |
| The Reserve at Madison Flatts | B1 | 2BR,2BA | $1.35 |
| Ashley Oaks Apartments | 2BR1.5BR | 2BR,1.5BA | $1.18 |
| Waterford Court | Two Bed One Bath (CN1) | 2BR,1BA | $1.14 |
| Eastgate Townhomes | 2 Bed 1 Bath Townhome | 2BR,1BA | $1.22 |
| Windemere Apartments | 2 bed 1 bath Renovated | 2BR,1BA | $1.24 |
| Georgetown South | 2 Bedroom | 2BR,1BA | $1.31 |
| Cross Winds Apartments | 1 Bed/1 Bath | 1BR,1BA | $1.31 |
| The Ravine Apartment Homes | The Hawthorne | 1BR,1BA | $1.26 |
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.
Read ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Colfax, IN Rentals by Map
See the most popular apartments and homes in Colfax, IN
Frequently Asked Questions about Colfax
What type of rentals are currently available in Colfax?
There are currently 49 Apartments for Rent in Colfax, IN with pricing that ranges from $750 to $2,919. There are also 33 Single Family Homes for rent, Condos, and Townhome rentals currently available in Colfax ranging from $750 to $2,700.
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 $2,700 with an average monthly rent of $1,577.
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

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.