
Cheap Homes for Rent in Converse, IN from $500 (16 Rentals)
Search the lowest-cost Homes available for rent right now in Converse.


362 W 5th St

371 W 12th St

723 W Jefferson St

314 E Walnut St
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

809 N Webster St

1710 S Market St

1708 S Market St

801 W 10th St

701 E Walnut St
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.

609 W Broadway St

1005 N Lincoln St

2501 N Apperson Way

1004 E Dixon St

43012 Keesler Ct
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.

1411 N Courtland Ave
Converse, IN Local Guide

How much does it cost to rent a home in Converse?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Converse 2 Bedroom Homes for Rent | $852 | $700 | $950 |
| Converse 3 Bedroom Homes for Rent | $1,183 | $900 | $1,600 |
| Converse 4 Bedroom Homes for Rent | $1,230 | $1,230 | $1,230 |
Browse Top Homes for Rent in Converse
Explore Converse
Converse, IN Local Guide
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Cheapest Available Converse Apartments for Rent and Nearby
 The cheapest available apartment rental in Converse, IN is a 1 Bed unit found at Apperson Way Apartments priced from $398. Walnut Manor has the second lowest priced unit, which is a Studio apartment currently listed from $699. Here is today’s list of the most affordable Converse apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Apperson Way Apartments | 1 Bedroom | 1BR,1BA | $398 |
| Walnut Manor | STUDIO | Studio,1BA | $699 |
| Green Town Apartments | One Bd rm | 1BR,1BA | $700 |
| Turtle Creek Kokomo | Spring | Studio,1BA | $715 |
| Pechewa Place | Upstairs 1 Bedroom | 1BR,1BA | $729 |
Best Value Apartments for Rent in Converse, IN and Nearby
As of June 12, 2026 the best value apartment in the Converse area is the $0.74 price per square foot Two Bedroom Model at Somerset Apartments in the starting from $913. The second greatest value Converse apartment is the 2 Bedroom Unit Model at Brentwood Greene starting at $850 with a $0.71 price per square foot . Here is today’s list of the best values for Converse apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Somerset Apartments | Two Bedroom | 2BR,1.5BA | $0.74 |
| Brentwood Greene | 2 Bedroom Unit | 2BR,1BA | $0.71 |
| Union at Washington | 3 Bed 2 Bath | 3BR,2BA | $0.88 |
| Hilltop Ridge | 3 bed Mid Income Qualifying 3 bed | 3BR,1BA | $0.88 |
| Beckford Place Apartments | 2 Bedroom | 2BR,1BA | $0.87 |
| Ashbury Apartments | 2 Bedroom- 1st floor | 2BR,1BA | $1.06 |
| Park Forest Apartments | 2 Bedroom | 2BR,1BA | $1.06 |
| Carter West Apartments & Townhouses | 2bed/1bath Partially Renovated | 2BR,1BA | $1.09 |
| Fox Acres Apartments | 1 Bed Room | 1BR,1BA | $1.11 |
| The Annex of Kokomo | 2 Bed 2 Bath | 2BR,2BA | $0.73 |
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.
Best Local Schools in Converse, IN
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
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See the most popular apartments and homes in Converse, IN
Frequently Asked Questions about Converse
What type of rentals are currently available in Converse?
There are currently 54 Apartments for Rent in Converse, IN with pricing that ranges from $398 to $930,980. There are also 33 Single Family Homes for rent, Condos, and Townhome rentals currently available in Converse ranging from $530 to $1,600.
What is the current price range for Rental Homes in Converse?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Converse ranges from $530 to $1,600 with an average monthly rent of $995.
How much are larger Three and Four Bedroom Rentals in Converse?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Converse range from $525 to $1,750, while Three Bedroom Homes, Condos, and Townhomes for rent range from $900 to $1,600. Four Bedroom Single-Family rentals are also available starting from $1,230 and Four Bedroom Apartments start at $505.
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

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.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.