
Cheap Homes for Rent near Falmouth, IN from $500 (11 Rentals)
Search the lowest-cost Homes available for rent right now in Falmouth.


392 W Broadway St

317 SW 3rd St

529 West Washington St

316 E Franklin St
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.

230 Kinsey St

135 W Hendricks St

106 W Broadway St

321 E Mechanic St

1114 Mourer St
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.

309 W 11th St
Falmouth, IN Local Guide

How much does it cost to rent a home in Falmouth?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Falmouth 2 Bedroom Homes for Rent | $1,152 | $825 | $1,500 |
| Falmouth 3 Bedroom Homes for Rent | $1,595 | $1,099 | $2,045 |
| Falmouth 4 Bedroom Homes for Rent | $1,945 | $596 | $2,395 |
| Falmouth 5 Bedroom Homes for Rent | $3,050 | $3,050 | $3,050 |
Browse Top Homes for Rent in Falmouth
Explore Falmouth
Falmouth, IN Local Guide
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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. The Crossings has the second lowest priced unit, which is a Studio apartment currently listed from $610. Here is today’s list of the most affordable Falmouth apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Towers at Southdale Affordable Senior | 1 Bed/ 1 Bath | 1BR,1BA | $250 |
| The Crossings | Studio | Studio,1BA | $610 |
| LINCOLN PARK APARTMENTS | Studio | Studio,1BA | $645 |
| Academy Place Apartments | 1 BR 1 Bath | 1BR,1BA | $675 |
| Genesis Apartments | 1BD/ 1 BA | 1BR,1BA | $690 |
Best Value Apartments for Rent in Falmouth, IN and Nearby
As of July 15, 2026 the best value apartment in the Falmouth area is the $1.01 price per square foot Blazer 76 4A Model at Crestwood MHC in the in the Henry County neighborhood starting from $1,224. The second greatest value Falmouth apartment is the EXCALIBUR Model at Adam H Bartell Lofts starting at $895 with a $0.81 price per square foot . Here is today’s list of the best values for Falmouth apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Crestwood MHC | Blazer 76 4A | 4BR,2BA | $1.01 |
| Adam H Bartell Lofts | EXCALIBUR | 2BR,1BA | $0.81 |
| Townehouse Village Apartments | Two Bedroom Gas | 2BR,1.5BA | $1.02 |
| Martin Estates Apartments | Two Bedroom One Bath | 2BR,1BA | $1.04 |
| Academy Place Apartments | 1 BR 1 Bath | 1BR,1BA | $0.79 |
| LINCOLN PARK APARTMENTS | Studio | Studio ,1BA | $0.81 |
| Genesis Apartments | 1BD/ 1 BA | 1BR,1BA | $0.92 |
| Stonebrook of West College Corner | 2 Bedroom 1 Bathroom | 2BR,1BA | $1.00 |
| Grand Avenue Commons | 1 Bed, 1 bath | 1BR,1BA | $1.04 |
| The Towers at Southdale Affordable Senior | 1 Bed/ 1 Bath | 1BR,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.
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!
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See the most popular apartments and homes in Falmouth, IN
Frequently Asked Questions about Falmouth
What type of rentals are currently available in Falmouth?
There are currently 53 Apartments for Rent in Falmouth, IN with pricing that ranges from $250 to $2,019. There are also 39 Single Family Homes for rent, Condos, and Townhome rentals currently available in Falmouth ranging from $525 to $3,050.
What is the current price range for Rental Homes in Falmouth?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Falmouth ranges from $525 to $3,050 with an average monthly rent of $1,697.
How much are larger Three and Four Bedroom Rentals in Falmouth?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Falmouth range from $1,010 to $1,934, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,099 to $2,045. Four Bedroom Single-Family rentals are also available starting from $596 and Four Bedroom Apartments start at $1,224.
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

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.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.