Cheap Homes for Rent in Delaware County, IN from $500 (23 Rentals)

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

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.

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.

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.

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 $540. Flats at West End in the School neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $550. Here is today’s list of the most affordable Delaware County apartments for rent:

Apartment ListingModel NameBed/BathPriced From
The Haven4x44BR,4BA$540
Flats at West EndStudio, 1 bathStudio,1BA$550
Yugo Muncie Varsity House3 Bed, 3 Bath Classic Renovated3BR,3BA$569
ApplegateStudioStudio,1BA$644
Wilson School ApartmentsHistoric Vibe on Muncie's Southside1BR,1BA$725

Best Value Apartments for Rent in Delaware County, IN

As of January 14, 2026 the best value apartment in the Delaware County area is the $0.62 price per square foot 2BD/2BA Furnished Premium Model at University Village in the in the Westacres neighborhood starting from $809. The second greatest value Delaware County apartment is the 3x2 Renovated Model at The Latitude Apartments starting at $1,299 with a $1.11 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.
University Village2BD/2BA Furnished Premium2BR,2BA$0.62
The Latitude Apartments3x2 Renovated3BR,2BA$1.11
Delaware AcresIntuition3BR,2BA$1.02
Silvertree CommunitiesEverbrook Townhomes2BR,1.5BA$0.70
306 E North St, Unit 1306 E North St2BR,1BA$0.97
Yugo Muncie Varsity House2 Bed, 2 Bath Renovated2BR,2BA$0.90
Arrasmith Apartments1BR/1.0BA1BR,1BA$0.90
Freedom Acres MHCBlazer Extreme2BR,1BA$1.08
Eaton Residence*Newly Renovated* Premium Style 2-Bedroom Apart...2BR,1BA$1.11
2917 W County Road 400 N, Unit 29172917 W County Road 400 N2BR,1BA$0.99

Frequently Asked Questions about Delaware County

What type of rentals are currently available in Delaware County?

There are currently 204 Apartments for Rent in Delaware County, IN with pricing that ranges from $350 to $1,871. There are also 103 Single Family Homes for rent, Condos, and Townhome rentals currently available in Delaware County ranging from $500 to $2,515.

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 $500 to $2,515 with an average monthly rent of $1,246.

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 $350 to $1,737, while Three Bedroom Homes, Condos, and Townhomes for rent range from $675 to $2,515. Four Bedroom Single-Family rentals are also available starting from $1,000 and Four Bedroom Apartments start at $350.

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 A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment article

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

decorative image for Renting with Roommates: Realistic Expectations for Shared Lease article

Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

decorative image for Apartment Common Area Rules: What Renters Need to Know article

Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

decorative image for How to Negotiate Your Apartment Lease and Save Money article

How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate!