
Cheap Apartments for Rent near Forest, IN from $300 (42 Rentals)
Search the lowest-cost Apartments available for rent right now in Forest.


MAPLE CREST

Walnut Manor

Pine Manor Apartments

Green Town Apartments

1302 W Sycamore St

Turtle Creek Kokomo

Turtle Creek Frankfort
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.

The Macy Apartments

STERLING COURT APARTMENTS

Kingston Green Apartments

Nickel Plate Flats

Fox Acres Apartments

Carter West Apartments & Townhouses

Winding Brook Apartments

Ashbury Apartments
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.

Sycamore Apartments

Georgetown Apartments

Shaker Square

First Flats

Brentwood Greene

Blackhawk Commons

2930 Albright

Lincolnwood Apartments
Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

1710 S Market St

Estates At Eagle's Pointe

Indian Springs Apartments

Holly Apartments

532 W Mulberry St

1912 N Apperson Way

701 E Walnut St

711 N Webster St
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.

The Brakeman Apartments

Imperial Apartments

Concord Square Apartments

609 W Broadway St

1027 S Bell St

113 S Golding St

2501 N Apperson Way

1411 N Courtland Ave
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.

503 W Walnut St

43012 Keesler Ct
Forest, IN Local Guide

How much does it cost to rent an apartment in Forest?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Forest Studio Apartments | $829 | $699 | $1,100 |
| Forest 1 Bedroom Apartments | $1,240 | $398 | $1,670 |
| Forest 2 Bedroom Apartments | $1,357 | $479 | $2,145 |
| Forest 3 Bedroom Apartments | $1,649 | $490 | $2,450 |
| Forest 4 Bedroom Apartments | $502 | $500 | $505 |
Browse Top Apartments in Forest
See all Apartments in ForestExplore Forest
Forest, IN Local Guide
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Cheapest Available Forest Apartments for Rent and Nearby
 The cheapest available apartment rental in Forest, IN is a 1 Bed unit found at Apperson Way Apartments priced from $398. 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 Forest apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Apperson Way Apartments | 1 Bedroom | 1BR,1BA | $398 |
| Walnut Manor | STUDIO | Studio,1BA | $650 |
| Pine Manor Apartments | 1BR/1.0BA | 1BR,1BA | $670 |
| Green Town Apartments | One Bd rm | 1BR,1BA | $700 |
| Turtle Creek Kokomo | Spring | Studio,1BA | $715 |
| The Macy Apartments | Studio Unfurnished | Studio,1BA | $750 |
| Kingston Green Apartments | 1 BEDROOM G | 1BR,1BA | $800 |
| Fox Acres Apartments | 1 Bed Room | 1BR,1BA | $835 |
| Winding Brook Apartments | 1 Bedroom - 1st Floor | 1BR,1BA | $845 |
| Ashbury Apartments | 1 Bedroom - 2nd Floor | 1BR,1BA | $845 |
Best Value Apartments for Rent in Forest, IN and Nearby
As of July 15, 2026 the best value apartment in the Forest area is the $0.88 price per square foot 3 Bed 2 Bath Model at Union at Washington in the starting from $1,017. The second greatest value Forest apartment is the 3bed/1.5bath Non-Renovated Model at Carter West Apartments & Townhouses starting at $1,030 with a $0.90 price per square foot . Here is today’s list of the best values for Forest apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Union at Washington | 3 Bed 2 Bath | 3BR,2BA | $0.88 |
| Carter West Apartments & Townhouses | 3bed/1.5bath Non-Renovated | 3BR,1.5BA | $0.90 |
| Apperson Way Apartments | 3 Bedroom Townhomes | 3BR,2BA | $1.17 |
| Welcome to Jefferson Crossing Townhomes | 3 bed 1.5 bath | 3BR,1.5BA | $1.20 |
| Blackhawk Commons | 2 Bedroom | 2BR,1BA | $1.13 |
| MAPLE CREST | 2x1WD | 2BR,1BA | $1.08 |
| Georgetown Apartments | 2BR/1.0BA | 2BR,1BA | $1.19 |
| Fox Acres Apartments | 1 Bed Room | 1BR,1BA | $1.11 |
| The Annex of Kokomo | 2 Bed 2 Bath | 2BR,2BA | $0.77 |
| Ashbury Apartments | 1 Bedroom - 2nd Floor | 1BR,1BA | $1.19 |
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!
Explore Forest, IN Rentals by Map
See the most popular apartments and homes in Forest, IN
Frequently Asked Questions about Cheap Forest Apartments
What is the Cheapest Studio apartment in Forest?
Currently the most affordable Cheap Studio Apartment in Forest is at Walnut Manor listed at $650.
How much is rent for a Cheap One Bedroom Forest Apartment?
The lowest price for a Cheap One Bedroom Forest Apartment is $398 at Apperson Way Apartments.
What is the lowest price for a Cheap Two Bedroom Forest Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Forest is starting from $479 at Apperson Way Apartments.
What is the most affordable Forest Three Bedroom Apartment?
The best deal on a cheap Forest Three Bedroom Apartment rental is at Apperson Way Apartments and starts from $551.
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.