
Cheap Apartments for Rent near Donaldson, IN from $498 (58 Rentals)
Search the lowest-cost Apartments available for rent right now in Donaldson.


Gemini Apartments

Northpointe/Lakepointe Apartment Homes

Robertson's Senior Apartments

Rumely Senior Apartments

Pin Oak Manor Apartments

The Jefferson Apartments

The Dunes

Emerson Apartments

Ironwood Village
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.

The Square

Laporte Commons Apartments

Roselawn Apartments

Total Monthly Price
Centennial Crossing

Irish Hills Apartments

Total Monthly Price
Historic Carroll Street Apartments

Total Monthly Price
Mallard and HI-TEC Apartments

Fox Village Apartment Homes

Harter Heights Place

Total Monthly Price
Bremen Park Apartments
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.

Banks

Autumn Lakes Apartments and Townhomes

The Residences at Belleville Park I and II

The Ivy at Berlin Place

Prairie Ridge Apartments

Briarwood Apartments and Villas

The Lasalle Apartments

Total Monthly Price
Lakeview Apartments

Mill at Ironworks Plaza

Aurum
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

The Banks on Riverside

Central High & Stephenson Mills Apartments

River 109

2120 Miami St

225 W Jefferson St

Cedar Glen

2915 Oakdale Ave

*Inactive* Legacy on Main

4414 Huron Cir

1213 E Fox St
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.

1206 Haney Ave

614 E Fairview Ave

1534 E Bowman St

1225 Miami St

55363 Lexington Ave

2411 Delaware St

202 N Brookfield St

602 Dundee St

2908 Oakdale Ave

1922 E Bowman St
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.
Donaldson, IN Local Guide

How much does it cost to rent an apartment in Donaldson?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Donaldson Studio Apartments | $1,325 | $689 | $1,740 |
| Donaldson 1 Bedroom Apartments | $1,342 | $654 | $2,534 |
| Donaldson 2 Bedroom Apartments | $1,627 | $498 | $3,200 |
| Donaldson 3 Bedroom Apartments | $2,343 | $815 | $5,729 |
| Donaldson 4 Bedroom Apartments | $1,570 | $1,450 | $1,600 |
Browse Top Apartments in Donaldson
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Donaldson, IN Local Guide
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Cheapest Available Donaldson Apartments for Rent and Nearby
 The cheapest available apartment rental in Donaldson, IN is a 1 Bed unit found at Gemini Apartments in the Keller Park neighborhood priced from $654. Robertson's Senior Apartments in the Keller Park neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $750. Here is today’s list of the most affordable Donaldson apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Gemini Apartments | The Heritage | 1BR,1BA | $654 |
| Robertson's Senior Apartments | 2 Bedroom | 2BR,1BA | $750 |
| Emerson Apartments | 1 bed 1 bath 238 SF | 1BR,1BA | $850 |
| Ironwood Village | One Bedroom | 1BR,1BA | $885 |
| Roselawn Apartments | 1Bed/1Bath | 1BR,1BA | $900 |
| Pin Oak Manor Apartments | B | 2BR,1BA | $920 |
| Irish Hills Apartments | Classic One Bedroom | 1BR,1BA | $934 |
| Historic Carroll Street Apartments | Studio | Studio,1BA | $950 |
| Mallard and HI-TEC Apartments | 1 Bed, 1 bath | 1BR,1BA | $965 |
| Rumely Senior Apartments | 2 BR / 1 Bath (Annex) | 2BR,1BA | $1,000 |
Best Value Apartments for Rent in Donaldson, IN and Nearby
As of September 10, 2026 the best value apartment in the Donaldson area is the $1.45 price per square foot 2 Bedroom 2 Bath 1139 Model at Aurum in the in the Council Oak neighborhood starting from $1,649. The second greatest value Donaldson apartment is the The Gallery Model at The Residences at Belleville Park I and II starting at $1,110 with a $1.11 price per square foot in the Rum Village neighborhood. Here is today’s list of the best values for Donaldson apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Aurum | 2 Bedroom 2 Bath 1139 | 2BR,2BA | $1.45 |
| The Residences at Belleville Park I and II | The Gallery | 2BR,2BA | $1.11 |
| Rumely Senior Apartments | 2 BR / 1 Bath (Annex) | 2BR,1BA | $1.05 |
| Robertson's Senior Apartments | 2 Bedroom | 2BR,1BA | $0.85 |
| Prairie Ridge Apartments | 1x1 799 | 1BR,1BA | $1.43 |
| Autumn Lakes Apartments and Townhomes | One Bedroom Traditional | 1BR,1BA | $1.36 |
| Pin Oak Manor Apartments | BB | 2BR,1BA | $1.38 |
| Ironwood Village | One Bedroom | 1BR,1BA | $1.23 |
| Roselawn Apartments | 1Bed/1Bath | 1BR,1BA | $1.42 |
| Gemini Apartments | The Heritage | 1BR,1BA | $1.17 |
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 ArticleNavigating 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.
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.
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.
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Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Donaldson, IN Rentals by Map
See the most popular apartments and homes in Donaldson, IN
Frequently Asked Questions about Cheap Donaldson Apartments
What is the Cheapest Studio apartment in Donaldson?
Currently the most affordable Cheap Studio Apartment in Donaldson is at Historic Carroll Street Apartments listed at $950.
How much is rent for a Cheap One Bedroom Donaldson Apartment?
The lowest price for a Cheap One Bedroom Donaldson Apartment is $654 at Gemini Apartments.
What is the lowest price for a Cheap Two Bedroom Donaldson Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Donaldson is starting from $750 at Robertson's Senior Apartments.
What is the most affordable Donaldson Three Bedroom Apartment?
The best deal on a cheap Donaldson Three Bedroom Apartment rental is at Roselawn Apartments and starts from $1,500.
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.

Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
Written by: Robin Stewart
Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

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.