Cheap Apartments for Rent in the Outer Central South Neighborhood of Elkhart, IN from $400 (52 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Outer Central South area of Elkhart.

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.

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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.

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property at 1417 Krau St

$1,050

Total Monthly Price

Total Monthly Price

Base Rent
$1,050
Total Monthly Price
$1,050

2 Bedroom, 1 Bath Home for Rent

Available Now

1417 Krau St

ElkhartIN46516

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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Carriage House
1 to 3 Bedroom Apartments

Carriage House

1000 Portsmouth DrElkhart, IN 46517
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Ashton Pines
1 to 4 Bedroom Apartments

Ashton Pines

4353 Balsam Fir LnElkhart, IN 46517
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Water Tower Place
1 to 3 Bedroom Apartments

Water Tower Place

320 La Salle StElkhart, IN 46516
Senior Living
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The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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Autumn Court Apartments
Studio to 2 Bedroom Apartments

Autumn Court Apartments

2619 Decamp AveElkhart, IN 46517
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20 East Elkhart
1 to 2 Bedroom Apartments

20 East Elkhart

2125 Toledo RdElkhart, IN 46516
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Four Seasons
3 Bedroom Apartments

Four Seasons

2937 Mallow StElkhart, IN 46514
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Maple Court Place
1 to 4 Bedroom Apartments

Maple Court Place

2932 Elkhart RdGoshen, IN 46526
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Woodhaven Apartments
1 to 2 Bedroom Apartments

Woodhaven Apartments

2414 W Clinton StGoshen, IN 46526
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Cobus Green
2 to 4 Bedroom Apartments

Cobus Green

54152 Ash RdOsceola, IN 46561
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Roxbury Park
2 to 3 Bedroom Apartments

Roxbury Park

403 Post RdGoshen, IN 46526

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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Showing Results 1-50, Page 1 of 2

Outer Central South, Elkhart, IN Local Guide

Cheapest Available Outer Central South Apartments for Rent

 

The cheapest available apartment rental in the Outer Central South area of South Bend, IN is a 1 Bed unit found at Avalon West Apartment Homes priced from $870. Arbors at Riverbend Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $940. Here are the most affordable Outer Central South apartments for rent in South Bend, IN:

Apartment ListingModel NameBed/BathPriced From
Avalon West Apartment HomesPlan A1BR,1BA$870
Arbors at Riverbend Apartments1 Bedroom1BR,1BA$940
The Retreat Apartment Homes1 bd1BR,1BA$972
Avalon Woods Apartment HomesStyle G2BR,1BA$1,055
Arbor Lakes ApartmentsOne Bedroom1BR,1BA$1,121
GREENLEAF2 bed 2 bath 1000 sq ft2BR,2BA$1,150
River Point West1/11BR,1BA$1,163
York Woods Center1BR/1BA LOFT1BR,1BA$1,300
North River Landing ApartmentsThe Whitewater2BR,2BA$1,300
Walnut Trails ApartmentsThe Oak2BR,2BA$1,314

Best Value Apartments for Rent in Outer Central South, IN

As of April 16, 2026 the best value apartment in the Outer Central South area is the $1.08 price per square foot The Whitewater Model at North River Landing Apartments in the in the Bower neighborhood starting from $1,300. The second greatest value Outer Central South apartment is the The Oak Model at Walnut Trails Apartments starting at $1,314 with a $1.23 price per square foot in the East Jackson neighborhood. Here is today’s list of the best values for Outer Central South apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
North River Landing ApartmentsThe Whitewater2BR,2BA$1.08
Walnut Trails ApartmentsThe Oak2BR,2BA$1.23
River Point West2/22BR,2BA$1.62
Avalon Woods Apartment HomesStyle G2BR,1.5BA$1.02
GREENLEAF2 bed 2 bath 1000 sq ft2BR,2BA$1.15
York Woods Center1BR/1BA LOFT1BR,1BA$1.44
Arbor Lakes ApartmentsOne Bedroom1BR,1BA$1.52
Arbors at Riverbend Apartments1 Bedroom1BR,1BA$1.28
The Retreat Apartment Homes1 bd1BR,1BA$1.37
Avalon West Apartment HomesPlan A1BR,1BA$1.52

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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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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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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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.

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Pet Friendly Lifestyle
Outer Central South, Elkhart, IN

Ranked #8

Among cities in Indiana for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Best Local Schools in
Outer Central South, Elkhart, IN

School data provided by Great Schools

Lifestyle Ratings

ApartmentHomeLiving brings you Lifestyle Ratings of rentals and neighborhoods across the USA, including Elkhart. LifeStyle Ratings are the best way to sort through finding a place to live - beyond price and floorplan. This takes in many factors including our Star Ratings to compare for the best outdoor access, luxury amenities, pet-friendly features, apartment communities for the kids, proximity to transit, and other valuable search options. Find Lifestyle Search in the filter options (above). Happy Searching!

Frequently Asked Questions about Cheap Outer Central South Apartments

What is a cheap apartment in Outer Central South?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Outer Central South is under $1,314.

What is the price of a cheap apartment in Outer Central South?

The cheapest apartment in Outer Central South is Avalon West Apartment Homes which is listed at $870, while the average apartment in Outer Central South costs $1,467.

What types of apartments are the cheapest in Outer Central South?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 4 regular apartments in Outer Central South that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

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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The Expert List: South Bends 7 Most Livable and Affordable Neighborhoods

Written by: Chad Deitchley

As your ApartmentHomeLiving.com Local Expert for South Bend, Indiana I am happy to help you find an affordable place to live in this surprisingly vibrant and extremely livable city.

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What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.