Cheap Apartments for Rent in Depauw, IN from $600 (39 Rentals)

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

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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1743 Culbertson Ave
1 Bedroom Apartments

1743 Culbertson Ave

1743 Culbertson AveNew Albany, IN 47150
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Madison Apartments
2 to 3 Bedroom Apartments

Madison Apartments

2901-2975 W Madison StLouisville, KY 40211
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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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Chapman Crossing
2 to 3 Bedroom Apartments

Chapman Crossing

625 Chapman Dr NWCorydon, IN 47112
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6500 & 6506 Hackel Dr
2 Bedroom Apartments

6500 & 6506 Hackel Dr

6506 Hackel DrLouisville, KY 40258
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3404 Shagbark Rd
2 Bedroom Apartments

3404 Shagbark Rd

3404 Shagbark RdLouisville, KY 40216
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Lancaster Lofts
1 Bedroom Apartments

Lancaster Lofts

1637 E Market StNew Albany, IN 47150
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High Park Apartments
2 Bedroom Apartments

High Park Apartments

100 High Park DrNew Albany, IN 47150
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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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Arbor Place Apartments
1 to 2 Bedroom Apartments

Arbor Place Apartments

200 Arbor PlNew Albany, IN 47150
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High Peaks
2 Bedroom Apartments

High Peaks

9815 US-150Greenville, IN 47124
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Depauw, IN Local Guide

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 $699. Here is today’s list of the most affordable Depauw apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Brookview GlenStudioStudio,1BA$699
Broadleaf ArmsOne Bedroom One Bathroom1BR,1BA$699
Elm Grove Apartments1 Bed, 1 Bath Flat1BR,1BA$775
Willow Grove Apartments1 Bed, 1 Bath Flat1BR,1BA$795
Knobs Pointe Apartments2 Bedroom 2 Bath A2BR,2BA$859
Huntley Ridge New Albany1 Bedroom 1 Bathroom1BR,1BA$870
701-709 Etzler Dr2 Bedroom2BR,1BA$900
Sheffield SquareOne Bedroom One Bath Ridge1BR,1BA$970
Mason Manor Apartments51BR,1BA$995
Plaza Square Apartments2x12BR,1BA$1,000

Best Value Apartments for Rent in Depauw, IN and Nearby

As of March 13, 2026 the best value apartment in the Depauw area is the $0.98 price per square foot 2BR/2.0BA Model at Lochwood Apartments in the in the Southern Indiana neighborhood starting from $1,465. The second greatest value Depauw apartment is the 2BR/2.0BA Model at St. James Place - 1/2 Off First and Last Month's Rent! starting at $1,200 with a $1.07 price per square foot in the Downtown New Albany neighborhood. Here is today’s list of the best values for Depauw apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Lochwood Apartments2BR/2.0BA2BR,2BA$0.98
St. James Place - 1/2 Off First and Last Month's Rent!2BR/2.0BA2BR,2BA$1.07
Academy Park Apartments2 BEDROOM 2 BATHROOM2BR,2BA$1.12
Cane Run StationTwo Bed Two Bath2BR,2BA$1.08
Adelyn Apartments52BR,2BA$1.07
Knobs Pointe Apartments2 Bedroom 2 Bath A2BR,2BA$0.78
Plaza Square Apartments2x12BR,1BA$1.00
701-709 Etzler Dr2 Bedroom2BR,1BA$1.00
Broadleaf ArmsOne Bedroom One Bathroom1BR,1BA$0.87
Huntley Ridge New Albany1 Bedroom 1 Bathroom1BR,1BA$1.16

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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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 Depauw, IN Rentals by Map

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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 $699 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 $809 at Broadleaf Arms.

What is the most affordable Depauw Three Bedroom Apartment?

The best deal on a cheap Depauw Three Bedroom Apartment rental is at Riverport Landing Family Apartments and starts from $1,390.

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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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.

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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.

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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.