Cheap Apartments for Rent in Delphi, IN from $500 (50 Rentals)

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

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Water Tower Place
2 Bedroom Apartments

Water Tower Place

7201 W 200 NDelphi, IN 46923
Senior Living
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901 N 8th St
Rent Specials
$750 - $1,000
Total Monthly Price

Total Monthly Price

Base Rent
$750 - $1,000

Total Monthly Price
$750 - $1,000
Studio Apartments Contact Us For Availability

901 N 8th St

901 N 8th StLafayette, IN 47904
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Monon Place
Studio to 2 Bedroom Apartments

Monon Place

510 Salem StLafayette, IN 47904
Student Housing
  • Utilities Included

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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1155 Anthrop Dr
Studio to 2 Bedroom Apartments

1155 Anthrop Dr

1155 Anthrop DrWest Lafayette, IN 47906
Student Housing
  • Utilities Included
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River Cross
2 to 3 Bedroom Apartments

River Cross

915 N 6th StLafayette, IN 47904
Student Housing

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.

Delphi, IN Local Guide

Cheapest Available Delphi Apartments for Rent and Nearby

 

The cheapest available apartment rental in Delphi, IN is a Studio unit found at Stonecrest Apartments in the Downtown Lafayette neighborhood priced from $625. 1214 Columbia Street in the Downtown Lafayette neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $735. Here is today’s list of the most affordable Delphi apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Stonecrest ApartmentsStudioStudio,1BA$625
1214 Columbia StreetStudioStudio,1BA$735
Woods EdgeThe Boilermaker1BR,1BA$750
Crestview ApartmentsCrestview II2BR,1BA$800
Historic Downtown Apartments II2x12BR,1BA$800
Village Square Apartments1x1A R1BR,1BA$899
Shai Lynn1bd/1bth1BR,1BA$900
The Ravine Apartment HomesThe Hawthorne1BR,1BA$989
Cross Winds Apartments1 Bed/1 Bath1BR,1BA$1,050
University Crossing2x1 R2BR,1BA$1,075

Best Value Apartments for Rent in Delphi, IN and Nearby

As of August 02, 2026 the best value apartment in the Delphi area is the $1.03 price per square foot Two Bed Townhome (T1) Model at Waterford Court in the starting from $1,314. The second greatest value Delphi apartment is the 3 Bed 1 Bath Model at McCarty Place Apartments starting at $1,335 with a $1.23 price per square foot . Here is today’s list of the best values for Delphi apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Waterford CourtTwo Bed Townhome (T1)2BR,2.5BA$1.03
McCarty Place Apartments3 Bed 1 Bath3BR,1BA$1.23
Deerfield Commons ApartmentsTecumseh3BR,1.5BA$1.33
Ashley Oaks Apartments2BR1.5BR2BR,1.5BA$1.22
University Crossing2x1 R2BR,1BA$1.26
Cross Winds Apartments1 Bed/1 Bath1BR,1BA$1.31
The Ravine Apartment HomesThe Hawthorne1BR,1BA$1.26
The Oasis2026 FALL LEASING Luxury Upscale 2-bedroom, 2-b...2BR,2BA$0.98
Woods EdgeThe Boilermaker1BR,1BA$1.07
Shai Lynn1bd/1bth1BR,1BA$1.32

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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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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Pet Friendly Lifestyle
Delphi, IN

Ranked #158

Among cities in Indiana for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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

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Frequently Asked Questions about Cheap Delphi Apartments

What is the Cheapest Studio apartment in Delphi?

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

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

The lowest price for a Cheap One Bedroom Delphi Apartment is $750 at Woods Edge.

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

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

What is the most affordable Delphi Three Bedroom Apartment?

The best deal on a cheap Delphi Three Bedroom Apartment rental is at Woods Edge and starts from $950.

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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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.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.