Cheap Homes for Rent near Economy, IN from $500 (8 Rentals)

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property at 2404 State St

$625

1 Bedroom Rentals

Available Now

2404 State St

New CastleIN47362

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.

property at 230 Kinsey St

$600 - $700

1 Bedroom Rentals

Available Now

230 Kinsey St

RichmondIN47374

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.

Economy, IN Local Guide

Cheapest Available Economy Apartments for Rent and Nearby

 

The cheapest available apartment rental in Economy, IN is a 2 Beds unit found at The Lofts at Roberts in the School neighborhood priced from $416. Muncie Varsity House in the Westacres neighborhood has the second lowest priced unit, which is a 3 Beds apartment currently listed from $569. Here is today’s list of the most affordable Economy apartments for rent:

Apartment ListingModel NameBed/BathPriced From
The Lofts at RobertsThe Liberty2BR,1BA$416
Muncie Varsity House3 Bed, 3 Bath Plus3BR,3BA$569
The CrossingsStudioStudio,1BA$610

Best Value Apartments for Rent in Economy, IN and Nearby

As of August 02, 2026 the best value apartment in the Economy area is the $1.02 price per square foot 3x2 Upgrade Model at The Latitude Apartments in the in the North Muncie neighborhood starting from $1,199. The second greatest value Economy apartment is the EXCALIBUR Model at Adam H Bartell Lofts starting at $895 with a $0.81 price per square foot . Here is today’s list of the best values for Economy apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The Latitude Apartments3x2 Upgrade3BR,2BA$1.02
Adam H Bartell LoftsEXCALIBUR2BR,1BA$0.81
Silvertree CommunitiesLinden Place3BR,2BA$0.81
The Lofts at RobertsThe Liberty2BR,1BA$0.42
Townehouse Village ApartmentsTwo Bedroom Gas2BR,1.5BA$1.02
Muncie Varsity House2 Bed, 2 Bath Renovated2BR,2BA$0.67
Labor Center Lofts1BR/1.0BA1BR,1BA$0.85
Genesis Apartments1BD/ 1 BA1BR,1BA$0.92
*Newly Renovated* Premium Style 2-4 BD Apartment Home2 Beds, 1 bath2BR,1BA$0.94
Grand Avenue Commons1 Bed, 1 bath1BR,1BA$1.04

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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Real 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 Economy

What type of rentals are currently available in Economy?

There are currently 53 Apartments for Rent in Economy, IN with pricing that ranges from $352 to $1,800. There are also 41 Single Family Homes for rent, Condos, and Townhome rentals currently available in Economy ranging from $596 to $2,395.

What is the current price range for Rental Homes in Economy?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Economy ranges from $596 to $2,395 with an average monthly rent of $1,154.

How much are larger Three and Four Bedroom Rentals in Economy?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Economy range from $410 to $1,542, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,025 to $1,725. Four Bedroom Single-Family rentals are also available starting from $596 and Four Bedroom Apartments start at $565.

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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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.

decorative image for First Apartment Regrets: Real Renters Share What They'd Do Differently article

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.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

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.

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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.