
Cheap Homes for Rent in Fountaintown, IN from $500 (13 Rentals)
Search the lowest-cost Homes available for rent right now in Fountaintown.


392 W Broadway St

529 West Washington St

316 E Franklin St

2142 W US Hwy 40

106 W Broadway 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.

217 N Hamilton St

4881 300W

647 W Franklin St

22 Wilson St

570 US-52, Unit 4b

10166 Southeastern Ave
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.

239 Legends Creek Way
Fountaintown, IN Local Guide

How much does it cost to rent a home in Fountaintown?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Fountaintown 2 Bedroom Homes for Rent | $1,135 | $850 | $1,550 |
| Fountaintown 3 Bedroom Homes for Rent | $1,817 | $1,400 | $2,200 |
| Fountaintown 4 Bedroom Homes for Rent | $2,508 | $2,245 | $3,150 |
| Fountaintown 5 Bedroom Homes for Rent | $2,600 | $2,600 | $2,600 |
Browse Top Homes for Rent in Fountaintown
Explore Fountaintown
Fountaintown, IN Local Guide
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Available Fountaintown Apartments for Rent and Nearby
 The cheapest available apartment rental in Fountaintown, IN is a Studio unit found at LINCOLN PARK APARTMENTS priced from $645. Elmtree Park in the Southeast Indianapolis neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $700. Here is today’s list of the most affordable Fountaintown apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| LINCOLN PARK APARTMENTS | Studio | Studio,1BA | $645 |
| Elmtree Park | Studio 1 Bath | Studio,1BA | $700 |
| Willowood East | Studio | Studio,1BA | $760 |
| English Village Apartments | Classic One Bedroom Apartment Home | 1BR,1BA | $850 |
| Knoll Ridge Townhomes | 1 Bed, 1 Bath | 1BR,1BA | $850 |
Best Value Apartments for Rent in Fountaintown, IN and Nearby
As of June 16, 2026 the best value apartment in the Fountaintown area is the $1.28 price per square foot 4 Bed, 1.5 bath Townhome Model at Knoll Ridge Townhomes in the in the Southeast Indianapolis neighborhood starting from $1,600. The second greatest value Fountaintown apartment is the The Prince Model at Country Lake Townhomes starting at $1,375 with a $1.35 price per square foot in the Southeast Indianapolis neighborhood. Here is today’s list of the best values for Fountaintown apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Knoll Ridge Townhomes | 4 Bed, 1.5 bath Townhome | 4BR,1.5BA | $1.28 |
| Country Lake Townhomes | The Prince | 2BR,1.5BA | $1.35 |
| Martin Estates Apartments | Two Bedroom One Bath | 2BR,1BA | $1.04 |
| The Life at Belhaven Place | 2 Bed 2 Bath | 2BR,2BA | $1.25 |
| Water Dance Apartments | 2BR/1BA | 2BR,1BA | $1.27 |
| Loper Commons | Two Bedroom Apartment I | 2BR,1BA | $1.36 |
| LINCOLN PARK APARTMENTS | Studio | Studio ,1BA | $0.81 |
| Reflections I | 1x1 60%ctv | 1BR,1BA | $1.32 |
| Cumberland Manor | 2 Bedroom 1 Bath | 2BR,1BA | $1.20 |
| Warren Harbor Apartments | The York | 1BR,1BA | $1.34 |
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 ArticleYour Guide to Picking the Perfect Indianapolis Neighborhood for Student Renters
Learn About the Best Neighborhoods to Rent Near College Campuses in Indianapolis, IN | Find Charlotte Indianapolis Student Housing at ApartmentHomeLiving.com
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 Fountaintown, IN Rentals by Map
See the most popular apartments and homes in Fountaintown, IN
Frequently Asked Questions about Fountaintown
What type of rentals are currently available in Fountaintown?
There are currently 57 Apartments for Rent in Fountaintown, IN with pricing that ranges from $479 to $2,600. There are also 32 Single Family Homes for rent, Condos, and Townhome rentals currently available in Fountaintown ranging from $525 to $3,150.
What is the current price range for Rental Homes in Fountaintown?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Fountaintown ranges from $525 to $3,150 with an average monthly rent of $1,619.
How much are larger Three and Four Bedroom Rentals in Fountaintown?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Fountaintown range from $1,225 to $2,600, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,400 to $2,200. Four Bedroom Single-Family rentals are also available starting from $2,245 and Four Bedroom Apartments start at $1,600.
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.
Helpful Local Expert Guides

A Local Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent in Indianapolis
Written by: Wendy Melton
Indianapolis is not only the state capital of Indiana, it’s also a shining example of what Midwestern living is all about. I’m Wendy, your ApartmentHomeLiving.

Your Guide to Picking the Perfect Indianapolis Neighborhood for Student Renters
Written by: Wendy Melton
Indianapolis is well-known for being one of the top college cities in the country. Local colleges and universities are ranked in the Top 10 when it comes to sports and academic excellence.

Find Your Indy Home: A Guide to Indianapolis Apartment Rentals and Neighborhoods
Written by: Wendy Melton
My name is Wendy, and I've lived in Indiana for most of my life. Indianapolis is our state capital, and many people consider it the heart of the Midwest. People come from all around to explore everything Indianapolis has to offer.

Indys Innovation Hub: Top Indianapolis Employers and the Neighborhoods that Welcome You Home
Written by: Wendy Melton
Indianapolis is truly the heart of the Midwest. No matter what career path you choose, opportunities for advancement are everywhere.
Articles, How-To's, and Tips

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.

Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.