Cheap Apartments for Rent near Cortland, IN from $400 (45 Rentals)

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

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.

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.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

property at 603 Chestnut St

$750 - $920

Studio To 1 Bedroom Rentals

Available Now

603 Chestnut St

ColumbusIN47201
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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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Applegate
Studio to 2 Bedroom Apartments

Applegate

2230 Applegate DrColumbus, IN 47203
Corporate Housing
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2511 Q St
1 to 2 Bedroom Apartments

2511 Q St

2511 Q StBedford, IN 47421

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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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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SummerHouse
1 to 3 Bedroom Apartments

SummerHouse

4501 E 3rd StBloomington, IN 47401
Student Housing
  • Utilities Included
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Highland Glen
1 to 3 Bedroom Apartments

Highland Glen

725 S Mansfield DrScottsburg, IN 47170

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.

Cortland, IN Local Guide

Cheapest Available Cortland Apartments for Rent and Nearby

 

The cheapest available apartment rental in Cortland, IN is a 1 Bed unit found at Stonebrook of Scottsburg priced from $699. Bloomfield Apartments in the Downtown Columbus IN neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $805. Here is today’s list of the most affordable Cortland apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Stonebrook of Scottsburg1 Bedroom1BR,1BA$699
Bloomfield ApartmentsOne Bedroom1BR,1BA$805
Park RidgePark Ridge - 1 Bedroom - Waived Admin Fees & $3...1BR,1BA$849
Williamsburg WayThe Richmond2BR,1BA$899
701-709 Etzler Dr2 Bedroom2BR,1BA$900
Tracks at Seymour2 Bedroom Talladega2BR,1BA$1,125
Burkart Crossing ApartmentsCortland1BR,1BA$1,154
Quail Run1 Bedroom with Den1BR,1BA$1,175
The ColeA11BR,1BA$1,185
Arbor at Water's Edge2BR Downstairs2BR,2BA$1,249

Best Value Apartments for Rent in Cortland, IN and Nearby

As of August 08, 2026 the best value apartment in the Cortland area is the $1.45 price per square foot Brookside II Model at The Fields in the in the Downtown Bloomington IN neighborhood starting from $1,645. The second greatest value Cortland apartment is the The Admiral Model at Monarch Crossing starting at $1,450 with a $1.36 price per square foot in the Downtown Columbus IN neighborhood. 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.
The FieldsBrookside II2BR,2BA$1.45
Monarch CrossingThe Admiral2BR,2BA$1.36
Briarwood of ColumbusTwo Bedroom Townhome2BR,1.5BA$1.37
Arbor at Water's Edge2BR Downstairs2BR,2BA$1.25
701-709 Etzler Dr2 Bedroom2BR,1BA$1.00
The ColeA21BR,1BA$1.48
Tracks at Seymour2 Bedroom Talladega2BR,1BA$1.34
Williamsburg WayThe Winchester1BR,1BA$1.43
Stonebrook of Scottsburg1 Bedroom1BR,1BA$1.08
Bloomfield ApartmentsOne Bedroom1BR,1BA$1.25

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 $699 at Stonebrook of Scottsburg.

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 $865 at Bloomfield Apartments.

What is the most affordable Cortland Three Bedroom Apartment?

The best deal on a cheap Cortland Three Bedroom Apartment rental is at Arbor at Water's Edge and starts from $1,435.

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

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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.

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First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

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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.

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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.