Cheap Apartments for Rent in Cumberland, IN from $600 (52 Rentals)

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

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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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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Indy 7925
Rent Specials
$1,248 - $1,905
Total Monthly Price

Total Monthly Price

Base Rent
$1,248 - $1,905
Total Monthly Price
Varies
1 to 3 Bedroom Apartments Available Now

Indy 7925

7925 Palawan DrIndianapolis, IN 46239
Corporate Housing
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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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Elmtree Park
Studio to 2 Bedroom Apartments

Elmtree Park

11023 Elmtree Park DrIndianapolis, IN 46229
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Addison Apartments
2 Bedroom Apartments

Addison Apartments

7155 E 21st StIndianapolis, IN 46219
  • Utilities Included
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Freeman Apartments
1 to 2 Bedroom Apartments

Freeman Apartments

9117 Briergate CtIndianapolis, IN 46229
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The Fort Apartments
1 to 3 Bedroom Apartments

The Fort Apartments

9230 Memorial Park DrIndianapolis, IN 46216

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.

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Showing Results 1-50, Page 1 of 2

Cumberland, IN Local Guide

Cheapest Available Cumberland Apartments for Rent and Nearby

 

The cheapest available apartment rental in Cumberland, IN is a Studio unit found at Serenity Manor 55+ Independent Active Living in the Southeast Indianapolis neighborhood priced from $660. Elmtree Park in the Southeast Indianapolis neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $700. Here is today’s list of the most affordable Cumberland apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Serenity Manor 55+ Independent Active LivingStudioStudio,1BA$660
Elmtree ParkStudio 1 BathStudio,1BA$700
OlivewoodStudioStudio,1BA$750
Willowood EastStudioStudio,1BA$760
Spanish OaksStudioStudio,1BA$775
Kingston Square ApartmentsThe AshStudio,1BA$799
Muessing Apartments1 Beds, 1 Baths1BR,1BA$800
English VillageClassic One Bedroom Apartment Home1BR,1BA$850
Knoll Ridge Townhomes1 Bed, 1 Bath1BR,1BA$850
Bavarian Village ApartmentsThe Challis 1 BR 1 BA1BR,1BA$859

Best Value Apartments for Rent in Cumberland, IN and Nearby

As of June 12, 2026 the best value apartment in the Cumberland area is the $1.28 price per square foot 4 Bed, 1.5 bath Townhome Model at Knoll Ridge Townhomes in the in the Southeast Indianapolis neighborhood starting from $1,600. The second greatest value Cumberland apartment is the Addison Apts - Gorgeous 2 Bed/1 Bath Apt Model at Addison Apartments starting at $959 with a $0.96 price per square foot in the Southeast Indianapolis neighborhood. Here is today’s list of the best values for Cumberland apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Knoll Ridge Townhomes4 Bed, 1.5 bath Townhome4BR,1.5BA$1.28
Addison ApartmentsAddison Apts - Gorgeous 2 Bed/1 Bath Apt2BR,1BA$0.96
Apartments @ Marten Court2x1 with washer/dryer2BR,1BA$1.23
The Reserve at Franklin Glenn2 Bedroom 2 Bathroom2BR,2BA$1.30
The Life at Belhaven Place2 Bed 2 Bath2BR,2BA$1.25
Serenity Park ApartmentsNOW LEASING – NEW MANAGEMENT – APARTMENTS GOING...2BR,1BA$1.16
Cumberland Manor2 Bedroom 1 Bath2BR,1BA$1.20
Warren Harbor ApartmentsThe York1BR,1BA$1.34
Muessing Apartments1 Beds, 1 Baths1BR,1BA$1.21
Serenity Manor 55+ Independent Active LivingStudioStudio ,1BA$1.10

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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Your Guide to Picking the Perfect Indianapolis Neighborhood for Student Renters

Learn About the Best Neighborhoods to Rent Near College Campuses in Indianapolis, IN | Find Charlotte Indianapolis Student Housing at ApartmentHomeLiving.com

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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 Cumberland Apartments

What is the Cheapest Studio apartment in Cumberland?

Currently the most affordable Cheap Studio Apartment in Cumberland is at Serenity Manor 55+ Independent Active Living listed at $660.

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

The lowest price for a Cheap One Bedroom Cumberland Apartment is $755 at Serenity Manor 55+ Independent Active Living.

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

Today's best deal for a Cheap Two Bedroom Apartment in Cumberland is starting from $949 at Cumberland Manor.

What is the most affordable Cumberland Three Bedroom Apartment?

The best deal on a cheap Cumberland Three Bedroom Apartment rental is at Jamestowne Apartments and starts from $1,100.

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.

Helpful Local Expert Guides

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A Local Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent in Indianapolis

Written by: Wendy Melton

Indianapolis is not only the state capital of Indiana, it’s also a shining example of what Midwestern living is all about. I’m Wendy, your ApartmentHomeLiving.

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Your Guide to Picking the Perfect Indianapolis Neighborhood for Student Renters

Written by: Wendy Melton

Indianapolis is well-known for being one of the top college cities in the country. Local colleges and universities are ranked in the Top 10 when it comes to sports and academic excellence.

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Find Your Indy Home: A Guide to Indianapolis Apartment Rentals and Neighborhoods

Written by: Wendy Melton

My name is Wendy, and I've lived in Indiana for most of my life. Indianapolis is our state capital, and many people consider it the heart of the Midwest. People come from all around to explore everything Indianapolis has to offer.

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Indys Innovation Hub: Top Indianapolis Employers and the Neighborhoods that Welcome You Home

Written by: Wendy Melton

Indianapolis is truly the heart of the Midwest. No matter what career path you choose, opportunities for advancement are everywhere.

Articles, How-To's, and Tips

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

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.

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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.

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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.

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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.