Cheap Apartments for Rent in Falmouth, IN from $300 (10 Rentals)

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

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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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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Falmouth, IN Local Guide

Cheapest Available Falmouth Apartments for Rent and Nearby

 

The cheapest available apartment rental in Falmouth, IN is a 1 Bed unit found at The Towers at Southdale Affordable Senior priced from $250. Grand Avenue Commons has the second lowest priced unit, which is a 1 Bed apartment currently listed from $376. Here is today’s list of the most affordable Falmouth apartments for rent:

Apartment ListingModel NameBed/BathPriced From
The Towers at Southdale Affordable Senior1 Bed/ 1 Bath1BR,1BA$250
Grand Avenue Commons1 Bed, 1 bath1BR,1BA$376
LINCOLN PARK APARTMENTSOne Bedroom One Bathroom1BR,1BA$470

Best Value Apartments for Rent in Falmouth, IN and Nearby

As of June 25, 2025 the best value apartment in the Falmouth area is the $0.72 price per square foot EXCALIBUR Model at Adam H Bartell Lofts in the starting from $795. The second greatest value Falmouth apartment is the B1-U Model at Jefferson Place Apartments starting at $1,277 with a $1.21 price per square foot in the Barrington Estates neighborhood. Here is today’s list of the best values for Falmouth apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Adam H Bartell LoftsEXCALIBUR2BR,1BA$0.72
Jefferson Place ApartmentsB1-U2BR,2BA$1.21
Townehouse Village ApartmentsTwo Bedroom Gas2BR,1.5BA$0.98
Martin Estates ApartmentsTwo Bedroom One Bath2BR,1BA$1.07
LINCOLN PARK APARTMENTSTwo Bedrooms One Bathroom2BR,1BA$0.89
Richmond Flats3001 W Cart Rd2BR,2BA$0.81
Cedar Ridge TownhomesThe Fir2BR,1BA$1.20
Atlas Apartments1BR/1.0BA1BR,1BA$1.05
Grand Avenue Commons1 Bed, 1 bath1BR,1BA$0.54
The Towers at Southdale Affordable Senior1 Bed/ 1 Bath1BR,1BA$0.45

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

Explore Falmouth, IN Rentals by Map

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See the most popular apartments and homes in Falmouth, IN

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Getting Around Falmouth, IN

Walk Score®

1 / 100

Car-Dependent

Almost all errands require a car

Bike Score®

26 / 100

Somewhat Bikeable

Minimal bike infrastructure

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

Frequently Asked Questions about Cheap Falmouth Apartments

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

The lowest price for a Cheap One Bedroom Falmouth Apartment is $250 at The Towers at Southdale Affordable Senior.

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

Today's best deal for a Cheap Two Bedroom Apartment in Falmouth is starting from $459 at Grand Avenue Commons.

What is the most affordable Falmouth Three Bedroom Apartment?

The best deal on a cheap Falmouth Three Bedroom Apartment rental is at Washington Village Apartments and starts from $1,410.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.