
Cheap Homes for Rent near Elberfeld, IN from $695 (15 Rentals)
Search the lowest-cost Homes available for rent right now in Elberfeld.


5560 E Virginia St

2554 Longworth Ct

3022 N Fulton Ave

501 Maxwell 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.

3509 N Kentucky Ave

5564 E Virginia St

2150 E Tennessee St

1709 Herndon Dr

4152 Bell Rd
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.

702 Beachfront Dr

1021 Vanderburgh Ave

1401 E Missouri St

7935 Circle Front Ct

915 N Harlan Ave
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.
Elberfeld, IN Local Guide

How much does it cost to rent a home in Elberfeld?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Elberfeld 2 Bedroom Homes for Rent | $1,252 | $975 | $1,450 |
| Elberfeld 3 Bedroom Homes for Rent | $1,415 | $925 | $1,750 |
| Elberfeld 4 Bedroom Homes for Rent | $2,325 | $1,850 | $2,575 |
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Elberfeld, IN Local Guide
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Cheapest Available Elberfeld Apartments for Rent and Nearby
 The cheapest available apartment rental in Elberfeld, IN is a 1 Bed unit found at SPRING VALLEY FLATS in the Oakhill neighborhood priced from $599. Valoré at Hidden Hills in the Outer Central North neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $675. Here is today’s list of the most affordable Elberfeld apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| SPRING VALLEY FLATS | The Redbud | 1BR,1BA | $599 |
| Valoré at Hidden Hills | The Dogwood - One Bedroom Apartment Home | 1BR,1BA | $675 |
| Shannon Glenn | McConnell | 2BR,1BA | $710 |
| Meadowood | Studio Reno | Studio,1BA | $720 |
| Bradford Pointe Apartments | INBFP 2x1 675sqft - Classic | 2BR,1BA | $725 |
Best Value Apartments for Rent in Elberfeld, IN and Nearby
As of September 05, 2026 the best value apartment in the Elberfeld area is the $1.08 price per square foot 3BR/2.0BA Model at Apartments@41 in the in the Business 41 neighborhood starting from $1,500. The second greatest value Elberfeld apartment is the 3 Bed, 2 Bath Model at The Westcott starting at $1,499 with a $1.15 price per square foot in the Lant Manor neighborhood. Here is today’s list of the best values for Elberfeld apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Apartments@41 | 3BR/2.0BA | 3BR,2BA | $1.08 |
| The Westcott | 3 Bed, 2 Bath | 3BR,2BA | $1.15 |
| Weinbach Manor Apartments | Model | 2BR,2BA | $1.04 |
| River Club | Delaware - Renovated | 2BR,1BA | $1.16 |
| Pavilion Lakes Apartments | The Monroe | 2BR,1.5BA | $1.20 |
| North Park | Harrington | 2BR,1BA | $0.95 |
| Terra Trace Apartments | 2x1.5-936 | 2BR,1.5BA | $1.12 |
| Kimber Green Apartments | The Maple (Down) | 1BR,1BA | $1.15 |
| Woodbridge Place Apartments | 1x1-R-700 | 1BR,1BA | $1.21 |
| Bradford Pointe Apartments | INBFP 2x1 675sqft - Deluxe | 2BR,1BA | $1.22 |
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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Elberfeld, IN Rentals by Map
See the most popular apartments and homes in Elberfeld, IN
Frequently Asked Questions about Elberfeld
What type of rentals are currently available in Elberfeld?
There are currently 43 Apartments for Rent in Elberfeld, IN with pricing that ranges from $600 to $4,449. There are also 31 Single Family Homes for rent, Condos, and Townhome rentals currently available in Elberfeld ranging from $695 to $2,575.
What is the current price range for Rental Homes in Elberfeld?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Elberfeld ranges from $695 to $2,575 with an average monthly rent of $1,377.
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.