Cheap Apartments for Rent near Elnora, IN from $425 (34 Rentals)

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Search the lowest-cost Apartments available for rent right now in Elnora.

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.

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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.

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property at 1520 Main St

$675 - $750

1 To 2 Bedroom Rentals

Available Sep 1

1520 Main St

VincennesIN47591

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.

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Ironton at Shoals
Studio to 2 Bedroom Apartments

Ironton at Shoals

11708 Ironton RdShoals, IN 47581
Senior Living
  • Utilities Included
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115 N Washington St
1 to 3 Bedroom Apartments

115 N Washington St

115 N Washington StBloomington, IN 47404
Student Housing
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West Baden Lofts
2 to 3 Bedroom Apartments

West Baden Lofts

942 N Main StWest Baden Springs, IN 47469
  • Utilities Included

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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2511 Q St
1 to 2 Bedroom Apartments

2511 Q St

2511 Q StBedford, IN 47421
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Elnora, IN Local Guide

Cheapest Available Elnora Apartments for Rent and Nearby

 

The cheapest available apartment rental in Elnora, IN is a 2 Beds unit found at Cine Senior Apartments priced from $690. Southern Meadows has the second lowest priced unit, which is a 1 Bed apartment currently listed from $695. Here is today’s list of the most affordable Elnora apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Cine Senior ApartmentsTwo Bedroom2BR,1BA$690
Southern Meadows1 Bed Apt1BR,1BA$695
Woodland Springs1 Bedroom1BR,1BA$725
Vivo LivingVivo Living - Petite Studio Remodeled - SUBLEASEStudio,1BA$749
Ironton at Shoals1 Beds, 1 Baths1BR,1BA$750
Acadia CourtStudioStudio,1BA$760
Sunflower Place - Full Unit for RentOne Bed1BR,1BA$820
Basswood Apartments1 Bedroom 1 Bathroom1BR,1BA$825
Summit PointeWoodland1BR,1BA$850
Union at Crescent1 Bed 1 Bath1BR,1BA$866

Best Value Apartments for Rent in Elnora, IN and Nearby

As of August 29, 2026 the best value apartment in the Elnora area is the $1.31 price per square foot 3 Bedroom TH Model at Hidden Hills at Oakdale in the in the Downtown Bloomington IN neighborhood starting from $1,570. The second greatest value Elnora apartment is the The Pulse II (per bed) Model at Urban Station starting at $735 with a $0.65 price per square foot in the Downtown Bloomington IN neighborhood. Here is today’s list of the best values for Elnora apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Hidden Hills at Oakdale3 Bedroom TH3BR,2BA$1.31
Urban StationThe Pulse II (per bed)2BR,2BA$0.65
Big Red Apartments3 Bed 1 Bath3BR,1BA$1.08
Aspen BloomingtonFrisco C 2x22BR,2BA$1.34
The Quarters BloomingtonB2 - 2x22BR,2BA$1.35
Woodland Springs1 Bedroom1BR,1BA$0.98
Union at Crescent1 Bed 1 Bath1BR,1BA$1.28
Ironton at Shoals1 Beds, 1 Baths1BR,1BA$1.15
Basswood Apartments1 Bedroom 1 Bathroom1BR,1BA$1.28
Southern Meadows1 Bed Apt1BR,1BA$1.27

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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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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Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Elnora, IN Rentals by Map

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Frequently Asked Questions about Cheap Elnora Apartments

What is the Cheapest Studio apartment in Elnora?

Currently the most affordable Cheap Studio Apartment in Elnora is at Vivo Living listed at $749.

How much is rent for a Cheap One Bedroom Elnora Apartment?

The lowest price for a Cheap One Bedroom Elnora Apartment is $695 at Southern Meadows.

What is the lowest price for a Cheap Two Bedroom Elnora Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Elnora is starting from $690 at Cine Senior Apartments.

What is the most affordable Elnora Three Bedroom Apartment?

The best deal on a cheap Elnora Three Bedroom Apartment rental is at Woodland Springs and starts from $900.

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.

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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.

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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.