Cheap Apartments for Rent near Falmouth, IN from $479 (30 Rentals)

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

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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Voyager Apartments
Studio to 2 Bedroom Apartments

Voyager Apartments

9461 US Route 40 WNew Paris, OH 45347
  • Utilities Included

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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The Crossings
Studio to 2 Bedroom Apartments

The Crossings

3600 Western AveConnersville, IN 47331
property at 202 E Taylor St
$525 - $645
1 Bedroom Rentals
Available Now
Cost Per Sq.Ft.

202 E Taylor St

ShelbyvilleIN46176
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403-407 E Washington St
1 Bedroom Apartments

403-407 E Washington St

403-407 E Washington StShelbyville, IN 46176
Student Housing
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Serenity
2 Bedroom Apartments

Serenity

3357 W Serenity PkyConnersville, IN 47331

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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Showing Results 1-30, Page 1 of 1

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 in the Anderson neighborhood priced from $250. LINCOLN PARK APARTMENTS has the second lowest priced unit, which is a 1 Bed apartment currently listed from $479. 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
LINCOLN PARK APARTMENTSOne Bedroom One Bathroom1BR,1BA$479
The CrossingsStudioStudio,1BA$610
Genesis Apartments1BD/ 1 BA1BR,1BA$690
Grand Avenue Commons1 Bed, 1 bath1BR,1BA$729
Stonebrook of West College Corner2 Bedroom 1 Bathroom2BR,1BA$750
Atlas Apartments1BR/1.0BA1BR,1BA$775
Adam H Bartell LoftsVISTA1BR,1BA$795
Cedar Ridge TownhomesThe Birch1BR,1BA$859
Jamestown VillageA1 Ulysses Grant1BR,1BA$891

Best Value Apartments for Rent in Falmouth, IN and Nearby

As of September 10, 2026 the best value apartment in the Falmouth area is the $0.81 price per square foot EXCALIBUR Model at Adam H Bartell Lofts in the starting from $895. The second greatest value Falmouth apartment is the 2 BED 2 BATH Model at SPICELAND VILLAS starting at $1,065 with a $1.01 price per square foot in the Henry County 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$0.81
SPICELAND VILLAS2 BED 2 BATH2BR,2BA$1.01
Townehouse Village ApartmentsTwo Bedroom Gas2BR,1.5BA$1.01
Martin Estates ApartmentsTwo Bedroom One Bath2BR,1BA$1.04
LINCOLN PARK APARTMENTSTwo Bedrooms One Bathroom2BR,1BA$0.89
Genesis Apartments1BD/ 1 BA1BR,1BA$0.92
Stonebrook of West College Corner2 Bedroom 1 Bathroom2BR,1BA$1.00
Atlas Apartments1BR/1.0BA1BR,1BA$1.08
Grand Avenue Commons1 Bed, 1 bath1BR,1BA$1.04
The Towers at Southdale Affordable Senior1 Bed/ 1 Bath1BR,1BA$0.45

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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Navigating 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.

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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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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 Falmouth, IN Rentals by Map

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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 $750 at Stonebrook of West College Corner.

What is the most affordable Falmouth Three Bedroom Apartment?

The best deal on a cheap Falmouth Three Bedroom Apartment rental is at Hoosier Woods and starts from $1,109.

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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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.

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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.