Cheap Homes for Rent in Delaware County, IN from $500 (18 Rentals)

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Search the lowest-cost Homes available for rent right now in Delaware County.

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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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Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

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Showing Results 1-18, Page 1 of 1

Cheapest Available Delaware County Apartments for Rent

 

The cheapest available apartment rental in Delaware County, IN is a 4 Beds unit found at The Haven in the Westacres neighborhood priced from $510. Yugo Muncie Varsity House in the Westacres neighborhood has the second lowest priced unit, which is a 3 Beds apartment currently listed from $549. Here is today’s list of the most affordable Delaware County apartments for rent:

Apartment ListingModel NameBed/BathPriced From
The Haven4x44BR,4BA$510
Yugo Muncie Varsity House3 Bed, 3 Bath Classic Renovated3BR,3BA$549
Arrasmith Building1BR/1.0BA1BR,1BA$700
ApplegateStudioStudio,1BA$720
Wilson School Apartments1 Bed 1 Bath Loft1BR,1BA$725

Best Value Apartments for Rent in Delaware County, IN

As of June 23, 2025 the best value apartment in the Delaware County area is the $1.04 price per square foot The Ripple 60% Model at Riverbend Flats in the in the South Muncie neighborhood starting from $1,011. The second greatest value Delaware County apartment is the 2 Bed 2 Bath Apartment Model at The Latitude starting at $975 with a $1.07 price per square foot in the North Muncie neighborhood. Here is today’s list of the best values for Delaware County apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Riverbend FlatsThe Ripple 60%2BR,1BA$1.04
The Latitude2 Bed 2 Bath Apartment2BR,2BA$1.07
Yugo Muncie Varsity House2 Bed, 2 Bath Renovated2BR,2BA$0.89
Arrasmith Building1BR/1.0BA1BR,1BA$0.84
Chateau ApartmentsRaphael2BR,1BA$1.27
Wilson School Apartments1 Bed 1 Bath Loft1BR,1BA$1.00
6301 W Kilgore Ave1 Bed, 1 Bath1BR,1BA$1.18
Forest Oaks Apartments1 Bed 1 Bath (Down)1BR,1BA$1.27
Orchard Apartments2 Bedroom Standard2BR,1BA$1.31
The District on Riverside1 Bed 1 Bath Standard1BR,1BA$1.25

Frequently Asked Questions about Delaware County

What type of rentals are currently available in Delaware County?

There are currently 184 Apartments for Rent in Delaware County, IN with pricing that ranges from $350 to $2,515. There are also 69 Single Family Homes for rent, Condos, and Townhome rentals currently available in Delaware County ranging from $550 to $2,800.

What is the current price range for Rental Homes in Delaware County?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Delaware County ranges from $550 to $2,800 with an average monthly rent of $1,516.

How much are larger Three and Four Bedroom Rentals in Delaware County?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Delaware County range from $539 to $2,515, while Three Bedroom Homes, Condos, and Townhomes for rent range from $770 to $2,515. Four Bedroom Single-Family rentals are also available starting from $1,180 and Four Bedroom Apartments start at $350.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

decorative image for Roommate Matching: Finding the Right Fit and Avoiding Pitfalls article

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

decorative image for The Art of the Rental Viewing: What to look for during a property tour article

The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

decorative image for Know Your Budget: Calculating What You Can Realistically Afford When Renting article

Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

decorative image for The Freedom of Short-Term Leases: Exploring the Advantages for Renters article

The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.