
Cheap Homes for Rent near Depauw, IN from $800 (12 Rentals)
Search the lowest-cost Homes available for rent right now in Depauw.


4435 Parker Ave

655 S 35th St

608 E 8th St

3911 Larkwood Ave

3831 Horne Ave
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

6503 Elmwood St

4102 Sunset Ave

714 S 42nd St

823 S 38th St

112 S 46th St

328 Cecil Ave
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.
Depauw, IN Local Guide

How much does it cost to rent a home in Depauw?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Depauw 2 Bedroom Homes for Rent | $1,103 | $900 | $1,300 |
| Depauw 3 Bedroom Homes for Rent | $1,470 | $1,150 | $1,950 |
| Depauw 4 Bedroom Homes for Rent | $1,404 | $900 | $1,700 |
| Depauw 5 Bedroom Homes for Rent | $1,822 | $1,695 | $1,950 |
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Depauw, IN Local Guide
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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 New Albany neighborhood priced from $719. Broadleaf Arms in the Cloverleaf neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $749. 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 | $719 |
| Broadleaf Arms | One Bedroom One Bathroom | 1BR,1BA | $749 |
| Laurel at the Woodlands | 1 Bed 1 Bath | 1BR,1BA | $828 |
| The Monroe | 1 Bedroom and 1 Bathroom | 1BR,1BA | $849 |
| Knobs Pointe Apartments | 2 Bedroom 2 Bath A | 2BR,2BA | $859 |
Best Value Apartments for Rent in Depauw, IN and Nearby
As of July 27, 2026 the best value apartment in the Depauw area is the $0.96 price per square foot The Arbor Model at Arbor Place Apartments in the in the New Albany neighborhood starting from $1,150. 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. |
|---|---|---|---|
| Arbor Place Apartments | The Arbor | 2BR,1.5BA | $0.96 |
| Heritage Springs Rentals | Villas of Heritage Springs Townhomes | 3BR,1.5BA | $1.00 |
| Valley Ridge | Three Bedroom Townhome | 3BR,1BA | $1.02 |
| Adelyn Apartments | 4229-7 | 2BR,2BA | $1.03 |
| Knobs Pointe Apartments | 2 Bedroom 2 Bath A | 2BR,2BA | $0.78 |
| Plaza Square Apartments | 2x1 | 2BR,1BA | $1.00 |
| Hunters Run | 1 Bedroom, 1 Bathroom | 1BR,1BA | $1.02 |
| 701-709 Etzler Dr | 2 Bedroom | 2BR,1BA | $1.00 |
| Broadleaf Arms | One Bedroom One Bathroom | 1BR,1BA | $0.94 |
| The Monroe | 1 Bedroom and 1 Bathroom | 1BR,1BA | $1.06 |
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.
Read ArticleReal 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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Remember the 3 Rules of Real Estate:Location, Location, Location!
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Frequently Asked Questions about Depauw
What type of rentals are currently available in Depauw?
There are currently 59 Apartments for Rent in Depauw, IN with pricing that ranges from $595 to $1,770. There are also 40 Single Family Homes for rent, Condos, and Townhome rentals currently available in Depauw ranging from $800 to $1,950.
What is the current price range for Rental Homes in Depauw?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Depauw ranges from $800 to $1,950 with an average monthly rent of $1,316.
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

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.

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.

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.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.