Cheap Apartments for Rent near Dayton, IN from $625 (52 Rentals)

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

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River Cross
2 to 3 Bedroom Apartments

River Cross

915 N 6th StLafayette, IN 47904
Student Housing

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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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Dayton, IN Local Guide

Cheapest Available Dayton Apartments for Rent and Nearby

 

The cheapest available apartment rental in Dayton, IN is a Studio unit found at Stonecrest Apartments in the Downtown Lafayette neighborhood priced from $625. Historic Downtown Apartments II in the Downtown Lafayette neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $800. Here is today’s list of the most affordable Dayton apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Stonecrest ApartmentsStudioStudio,1BA$625
Historic Downtown Apartments II2x12BR,1BA$800
Village Square Apartments1x1A1BR,1BA$850
Georgetown South1 Bedroom1BR,1BA$900
Chauncey Village1 Bedroom 1 Bath1BR,1BA$925
Deerfield Commons ApartmentsDigby1BR,1BA$1,000
Waterford CourtCN1A (Two Bedroom One Bathroom)2BR,1BA$1,035
Downtown Lafayette Living!2 Bedroom2BR,1BA$1,050
Pheasant RunThe Dove 2 BR 1 BA2BR,1BA$1,066
24 Flats1x11BR,1BA$1,072

Best Value Apartments for Rent in Dayton, IN and Nearby

As of September 15, 2026 the best value apartment in the Dayton area is the $1.39 price per square foot Grand Model at Avalon Bluffs in the starting from $2,200. The second greatest value Dayton apartment is the Three bedroom townhome Model at Twyckenham Apartments starting at $1,475 with a $1.37 price per square foot . Here is today’s list of the best values for Dayton apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Avalon BluffsGrand3BR,2BA$1.39
Twyckenham ApartmentsThree bedroom townhome3BR,1.5BA$1.37
Cross Winds Apartments2 Bed/2 Bath2BR,2BA$1.17
Pheasant RunThe Golden 2 BR 2 BA2BR,2BA$1.22
Ashley Oaks Apartments2BR1.5BR2BR,1.5BA$1.22
Waterford CourtCN1A (Two Bedroom One Bathroom)2BR,1BA$1.18
Vantage Pointe Apartments2x1A R2BR,1BA$1.35
Georgetown South2 Bedroom2BR,1BA$1.31
The Ravine Apartment HomesThe Hawthorne1BR,1BA$1.26
Village Square Apartments1x1A R1BR,1BA$1.41

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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Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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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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Frequently Asked Questions about Cheap Dayton Apartments

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

The lowest price for a Cheap One Bedroom Dayton Apartment is $750 at Stonecrest Apartments.

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

Today's best deal for a Cheap Two Bedroom Apartment in Dayton is starting from $800 at Historic Downtown Apartments II.

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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Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!

Written by: Robin Stewart

Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

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Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

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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.