Cheap Apartments for Rent in Flora, IN from $500 (56 Rentals)

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

property at 307 S Willow St

$1,000

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$1,000
Total Monthly Price
$1,000

2 Bedroom, 1 Bath Home for Rent

Available Now

307 S Willow St

FloraIN46929

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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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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900 North St
Studio to 1 Bedroom Apartments

900 North St

900 North StLogansport, IN 46947

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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River Cross
2 to 3 Bedroom Apartments

River Cross

915 N 6th StLafayette, IN 47904
Student Housing

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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Flora, IN Local Guide

Cheapest Available Flora Apartments for Rent and Nearby

 

The cheapest available apartment rental in Flora, IN is a Studio unit found at Stonecrest Apartments in the Downtown Lafayette neighborhood priced from $625. Walnut Manor has the second lowest priced unit, which is a Studio apartment currently listed from $650. Here is today’s list of the most affordable Flora apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Stonecrest ApartmentsStudioStudio,1BA$625
Walnut ManorSTUDIOStudio,1BA$650
Turtle Creek KokomoSpringStudio,1BA$715
1214 Columbia StreetStudioStudio,1BA$735
Woods EdgeThe Boilermaker1BR,1BA$750
Georgetown Apartments2BR/1.5BA2BR,1BA$800
Historic Downtown Apartments II2x12BR,1BA$800
Carter West Apartments & Townhouses1bed/1bath Partially Renovated1BR,1BA$835
Pheasant RunThe Pheasant 1 BR 1 BA1BR,1BA$880
Village Square Apartments1x1A R1BR,1BA$899

Best Value Apartments for Rent in Flora, IN and Nearby

As of July 29, 2026 the best value apartment in the Flora area is the $1.03 price per square foot Two Bed Townhome (T1) Model at Waterford Court in the starting from $1,314. The second greatest value Flora apartment is the 3 Bed 1 Bath Model at McCarty Place Apartments starting at $1,356 with a $1.25 price per square foot . Here is today’s list of the best values for Flora apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Waterford CourtTwo Bed Townhome (T1)2BR,2.5BA$1.03
McCarty Place Apartments3 Bed 1 Bath3BR,1BA$1.25
Ashley Oaks Apartments2BR1.5BR2BR,1.5BA$1.18
Chauncey Village2 Bedroom 1 Bath2BR,1BA$1.16
Eastgate Townhomes2 Bed 1 Bath Townhome2BR,1BA$1.22
Cross Winds Apartments1 Bed/1 Bath1BR,1BA$1.31
The Ravine Apartment HomesThe Hawthorne1BR,1BA$1.26
Georgetown Apartments2BR/1.0BA2BR,1BA$1.19
Woods EdgeThe Boilermaker1BR,1BA$1.07
Shai Lynn1bd/1bth1BR,1BA$1.32

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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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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Flora, IN

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

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Frequently Asked Questions about Cheap Flora Apartments

What is the Cheapest Studio apartment in Flora?

Currently the most affordable Cheap Studio Apartment in Flora is at Stonecrest Apartments listed at $625.

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

The lowest price for a Cheap One Bedroom Flora Apartment is $675 at Walnut Manor.

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

Today's best deal for a Cheap Two Bedroom Apartment in Flora is starting from $800 at Historic Downtown Apartments II.

What is the most affordable Flora Three Bedroom Apartment?

The best deal on a cheap Flora Three Bedroom Apartment rental is at Woods Edge and starts from $950.

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.

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.

decorative image for Apartment Occupancy Rates: Renter Attraction vs Renter Retention article

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.

decorative image for How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide article

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.