
Cheap Homes for Rent in Derby, IN from $600 (7 Rentals)
Cheap Homes in Derby.


1178 Lois Ln

2006 Keenland Pkwy
Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

1599 Hill St

611 Jefferson St

439 7th St
Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.

341 14th St
Derby, IN Local Guide

How much does it cost to rent a home in Derby?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Derby 2 Bedroom Homes for Rent | $1,267 | $775 | $1,750 |
Derby 3 Bedroom Homes for Rent | $1,760 | $1,200 | $2,600 |
Browse Top Homes for Rent in Derby
Explore Derby
Derby, IN Local Guide
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Available Derby Apartments for Rent and Nearby
 The cheapest available apartment rental in Derby, IN is a 1 Bed unit found at Vista Apartments of Radcliffe priced from $700. Legion Park & Heartwood Court Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $750. Here is today’s list of the most affordable Derby apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Vista Apartments of Radcliffe | 1 Bdrm | 1BR,1BA | $700 |
Legion Park & Heartwood Court Apartments | Legion 1 Bed | 1BR,1BA | $750 |
Broadleaf Arms | One Bedroom One Bathroom | 1BR,1BA | $759 |
Best Value Apartments for Rent in Derby, IN and Nearby
As of May 02, 2025 the best value apartment in the Derby area is the $1.08 price per square foot 2 Bedroom Townhouse Model at 6121 Upper Hunters Trce in the in the South Louisville neighborhood starting from $1,350. The second greatest value Derby apartment is the Villas of Heritage Springs Apartments Model at Heritage Springs Rentals starting at $1,200 with a $1.03 price per square foot . Here is today’s list of the best values for Derby apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
6121 Upper Hunters Trce | 2 Bedroom Townhouse | 2BR,1.5BA | $1.08 |
Heritage Springs Rentals | Villas of Heritage Springs Apartments | 2BR,2BA | $1.03 |
Woodside Townhomes | 2 Beds, 1.5 baths | 2BR,1.5BA | $0.81 |
Bayshore Townhomes | Firefly | 2BR,1.5BA | $0.94 |
Vineland Carriage Homes Apartments | SM 2 BDRM GAR | 2BR,2BA | $0.94 |
Anderson Estates | Two Bedroom One Bath | 2BR,1BA | $0.94 |
Embassy Townhomes | 2 Bed, 1.5 Bath | 2BR,1.5BA | $1.00 |
Broadleaf Arms | One Bedroom One Bathroom | 1BR,1BA | $0.95 |
Christopher Square Apartments NEW MANAGEMENT! | 1 Bed, 1 bath | 1BR,1BA | $1.09 |
Vista Apartments of Radcliffe | 1 Bdrm | 1BR,1BA | $1.08 |
Quick 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.
Frequently Asked Questions about Derby
What type of rentals are currently available in Derby?
There are currently 42 Apartments for Rent in Derby, IN with pricing that ranges from $700 to $2,107. There are also 32 Single Family Homes for rent, Condos, and Townhome rentals currently available in Derby ranging from $600 to $2,600.
What is the current price range for Rental Homes in Derby?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Derby ranges from $600 to $2,600 with an average monthly rent of $1,218.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
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.

Navigating the Rental Market: Tips for First-Time Renters
Written by: Sandy Baker
Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.

Rise of Digital Nomads: Remote Work Tips for Apartment Renters
Written by: Brandie Parton
As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.

Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Written by: Christine Leonard, Esq.
Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.

Renting Smart: Lease Basics Every Renter Needs
Written by: Christine Leonard, Esq.
Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.