Cheap Apartments for Rent in Dayton, IN from $600 (50 Rentals)

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

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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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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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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CNC Leasing Group
3 Bedroom Apartments

CNC Leasing Group

1117 Hedgewood DrLafayette, IN 47904
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River Cross
2 to 3 Bedroom Apartments

River Cross

915 N 6th StLafayette, IN 47904
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Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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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. Downtown Lafayette Living! in the Downtown Lafayette neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $750. Here is today’s list of the most affordable Dayton apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Stonecrest ApartmentsStudioStudio,1BA$625
Downtown Lafayette Living!StudioStudio,1BA$750
Pheasant RunThe Retriever StudioStudio,1BA$766
Waterford CourtStandard One Bedroom (SN1)1BR,1BA$775
Where Comfort Meets Value1 Bedroom1BR,1BA$795
Historic Downtown Apartments II2x12BR,1BA$800
The Luna FlatsLuna Flats - Individual Lease - 2bed (Private R...2BR,2BA$850
Georgetown South1 Bedroom1BR,1BA$900
Village Square Apartments1x1A R1BR,1BA$925
Vantage Pointe Apartments1x1 R1BR,1BA$955

Best Value Apartments for Rent in Dayton, IN and Nearby

As of April 29, 2026 the best value apartment in the Dayton area is the $0.77 price per square foot 1 Bedroom Model at The Press in the in the Downtown Lafayette neighborhood starting from $1,200. The second greatest value Dayton apartment is the Perrin Model at Precedent Flats | Specials Available starting at $1,600 with a $1.31 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.
The Press1 Bedroom1BR,1BA$0.77
Precedent Flats | Specials AvailablePerrin2BR,2BA$1.31
Village Square Apartments2x1.5TH R2BR,1.5BA$1.07
The Ravine Apartment Homes2 BR UPGRA2BR,1.5BA$1.23
Ashley Oaks Apartments2BR1.5BR2BR,1.5BA$1.18
Windemere Apartments2 bed 1 bath Renovated2BR,1BA$1.35
Portledge Commons1 BR 1 bath1BR,1BA$1.37
Cross Winds Apartments1 Bed/1 Bath1BR,1BA$1.31
Georgetown South2 Bedroom2BR,1BA$1.31
Where Comfort Meets Value1 Bedroom1BR,1BA$1.14

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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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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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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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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Quick 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.

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Dayton, IN Rentals by Map

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Frequently Asked Questions about Cheap Dayton Apartments

What is the Cheapest Studio apartment in Dayton?

Currently the most affordable Cheap Studio Apartment in Dayton is at Stonecrest Apartments listed at $625.

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

The lowest price for a Cheap One Bedroom Dayton Apartment is $775 at Waterford Court.

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.

What is the most affordable Dayton Three Bedroom Apartment?

The best deal on a cheap Dayton Three Bedroom Apartment rental is at Downtown Lafayette Living! 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.

Articles, How-To's, and Tips

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

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.

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.