
Cheap Apartments for Rent in Depauw, IN from $600 (46 Rentals)
Search the lowest-cost Apartments available for rent right now in Depauw.


Brookview Glen

Knobs Pointe Apartments

Maple Grove Apartments

Elm Grove Apartments

Willow Run

Total Monthly Price
Broadleaf Arms

Gaslight Square Apartments

River Grove Apartments
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.

Locust Grove Apartments

Stone Creek Apartments I & II

Willow Grove Apartments

Laurel at the Woodlands

Bayshore Townhomes

Mason Manor Apartments

Total Monthly Price
Kingsfield Luxury Apartments

Huntley Ridge New Albany

The Monroe
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.

701-709 Etzler Dr

Riverport Landings Senior

Whispering Woods I

Eclipse

Paddocks at Ridge Park

Total Monthly Price
Plaza Square Apartments

Heritage Springs Rentals

Hunters Run

Klerner Lane Apartments
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.

St. James Place - 1/2 Off First and Last Month's Rent!

1743 Culbertson Ave

2121 Culbertson Ave

Christ the King Apartments

112 Boston Ct

Madison Apartments

Chapman Crossing

4913 Saddlebrook Ln

6500 & 6506 Hackel Dr
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.

3404 Shagbark Rd

Spring Manor Apartments

4435 Parker Ave

4912 Saddlebrook Ln

4908 Saddlebrook Ln

High Park Apartments

Arbor Place Apartments

High Peaks

Lancaster Lofts
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.

127 Boston Ct
Depauw, IN Local Guide

How much does it cost to rent an apartment in Depauw?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Depauw Studio Apartments | $1,011 | $699 | $1,215 |
| Depauw 1 Bedroom Apartments | $989 | $681 | $1,510 |
| Depauw 2 Bedroom Apartments | $1,235 | $859 | $1,672 |
| Depauw 3 Bedroom Apartments | $1,371 | $806 | $1,647 |
Browse Top Apartments in Depauw
See all Apartments in DepauwExplore Depauw
Depauw, IN Local Guide
- Nearby Cities
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Cheapest Available Depauw Apartments for Rent and Nearby
 The cheapest available apartment rental in Depauw, IN is a Studio unit found at Brookview Glen in the Downtown New Albany neighborhood priced from $699. Broadleaf Arms in the Cloverleaf neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $764. Here is today’s list of the most affordable Depauw apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Brookview Glen | Studio | Studio,1BA | $699 |
| Broadleaf Arms | One Bedroom One Bathroom | 1BR,1BA | $764 |
| Chapman Crossing | 2 Bedroom | 2BR,1BA | $839 |
| Mason Manor Apartments | 5 | 1BR,1BA | $850 |
| Kingsfield Luxury Apartments | One Bedroom | 1BR,1BA | $850 |
| Huntley Ridge New Albany | 1 Bedroom 1 Bathroom | 1BR,1BA | $860 |
| The Monroe | 1 Bedroom and 1 Bathroom | 1BR,1BA | $899 |
| 701-709 Etzler Dr | 2 Bedroom | 2BR,1BA | $900 |
| Valley Ridge | Two Bedroom Townhome | 2BR,1BA | $983 |
| Riverport Landings Senior | 2B1B | 2BR,1BA | $993 |
Best Value Apartments for Rent in Depauw, IN and Nearby
As of April 27, 2026 the best value apartment in the Depauw area is the $0.89 price per square foot 2 Bedroom, 2 Bathroom Extended Model at Hunters Run in the in the South Louisville neighborhood starting from $1,125. The second greatest value Depauw apartment is the Villas of Heritage Springs Townhomes Model at Heritage Springs Rentals starting at $1,150 with a $1.00 price per square foot . Here is today’s list of the best values for Depauw apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Hunters Run | 2 Bedroom, 2 Bathroom Extended | 2BR,2BA | $0.89 |
| Heritage Springs Rentals | Villas of Heritage Springs Townhomes | 3BR,1.5BA | $1.00 |
| Whispering Woods I | 3.2 | 3BR,2BA | $1.07 |
| Chapman Crossing | 2 Bedroom | 2BR,1BA | $0.80 |
| Plaza Square Apartments | 2x1 | 2BR,1BA | $1.00 |
| Riverport Landings Senior | 2B1B | 2BR,1BA | $1.02 |
| Valley Ridge | Two Bedroom Townhome | 2BR,1BA | $1.03 |
| Kingsfield Luxury Apartments | One Bedroom | 1BR,1BA | $0.94 |
| 701-709 Etzler Dr | 2 Bedroom | 2BR,1BA | $1.00 |
| Broadleaf Arms | One Bedroom One Bathroom | 1BR,1BA | $0.96 |
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.
Read ArticleDon'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.
Read ArticleThe 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.
Read ArticleCash 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.
Read ArticleQuick 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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Depauw, IN Rentals by Map
See the most popular apartments and homes in Depauw, IN
Frequently Asked Questions about Cheap Depauw Apartments
How much is rent for a Cheap One Bedroom Depauw Apartment?
The lowest price for a Cheap One Bedroom Depauw Apartment is $764 at Broadleaf Arms.
What is the lowest price for a Cheap Two Bedroom Depauw Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Depauw is starting from $839 at Chapman Crossing.
What is the most affordable Depauw Three Bedroom Apartment?
The best deal on a cheap Depauw Three Bedroom Apartment rental is at Valley Ridge and starts from $1,138.
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

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.

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.

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.

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.