Cheap Apartments for Rent in Cortland, IN from $500 (47 Rentals)

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

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.

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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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Townhomes at 28th
Rent Specials
$1,205 - $1,355
Total Monthly Price

Total Monthly Price

Base Rent
$1,205 - $1,355
Total Monthly Price
$1,205 - $1,355
2 to 3 Bedroom Apartments Available Now

Townhomes at 28th

1560 28th StColumbus, IN 47201
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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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Water's Edge
1 to 3 Bedroom Apartments

Water's Edge

20 Red Oak WayAustin, IN 47102
  • Utilities Included
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2511 Q St
1 to 2 Bedroom Apartments

2511 Q St

2511 Q StBedford, IN 47421

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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Arbor at Water's Edge
1 to 4 Bedroom Apartments

Arbor at Water's Edge

4060 N 150 WColumbus, IN 47201
  • Utilities Included
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Applegate
Studio to 2 Bedroom Apartments

Applegate

2230 Applegate DrColumbus, IN 47203
Corporate Housing
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SummerHouse
1 to 3 Bedroom Apartments

SummerHouse

4501 E 3rd StBloomington, IN 47401
Student Housing
  • Utilities Included

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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Showing Results 1-47, Page 1 of 1

Cortland, IN Local Guide

Cheapest Available Cortland Apartments for Rent and Nearby

 

The cheapest available apartment rental in Cortland, IN is a 2 Beds unit found at The Annex of Columbus priced from $650. Mason Manor Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $695. Here is today’s list of the most affordable Cortland apartments for rent:

Apartment ListingModel NameBed/BathPriced From
The Annex of Columbus2 Bed 2 Bath2BR,2BA$650
Mason Manor Apartments51BR,1BA$695
Stonebrook of ScottsburgOne Bedroom, One Bath, 650 Sq Ft1BR,1BA$850
Williamsburg WayThe Richmond2BR,1BA$885
701-709 Etzler Dr2 Bedroom2BR,1BA$900
Tracks at Seymour1 Bedroom, 1 Bath, 743 Sq Ft1BR,1BA$904
Briarwood of ColumbusOne Bedroom Apartment1BR,1BA$1,027
Charleston Square Apartments2 Bed 1 Baths2BR,1BA$1,100
StonegateOne Bedroom One Bath1BR,1BA$1,148
Quail Run1 Bedroom1BR,1BA$1,150

Best Value Apartments for Rent in Cortland, IN and Nearby

As of May 09, 2026 the best value apartment in the Cortland area is the $1.17 price per square foot 3BR Downstairs Model at Arbor at Water's Edge in the in the Downtown Columbus IN neighborhood starting from $1,435. The second greatest value Cortland apartment is the 3B Model at Highland Glen starting at $1,177 with a $1.07 price per square foot . Here is today’s list of the best values for Cortland apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Arbor at Water's Edge3BR Downstairs3BR,2BA$1.17
Highland Glen3B3BR,2BA$1.07
Townhomes at 28thTwo Bedroom One Bath2BR,1BA$1.18
701-709 Etzler Dr2 Bedroom2BR,1BA$1.00
Williamsburg WayThe Richmond2BR,1BA$1.00
Tracks at Seymour2 Bedroom, 1 Bath, 840 Sq Ft2BR,1BA$1.26
The MonroeB22BR,2BA$1.18
The Annex of Columbus2 Bed 2 Bath2BR,2BA$0.94
Stonebrook of ScottsburgOne Bedroom, One Bath, 650 Sq Ft1BR,1BA$1.31
Mason Manor Apartments51BR,1BA$1.21

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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Real 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.

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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!

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Frequently Asked Questions about Cheap Cortland Apartments

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

The lowest price for a Cheap One Bedroom Cortland Apartment is $695 at Mason Manor Apartments.

What is the lowest price for a Cheap Two Bedroom Cortland Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Cortland is starting from $650 at The Annex of Columbus.

What is the most affordable Cortland Three Bedroom Apartment?

The best deal on a cheap Cortland Three Bedroom Apartment rental is at Highland Glen and starts from $1,177.

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

decorative image for A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back article

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

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What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.