
Cheap Apartments for Rent in Francisco, IN from $500 (32 Rentals)
Search the lowest-cost Apartments available for rent right now in Francisco.


Fielding Court

Valoré at Hidden Hills

Fairway Plaza

Princeton Court

The Timbers Apartments

TERRA TRACE

Woodbridge Place
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.

Apartments@41

Bradford Pointe Apartments

North Park

Park Place Apartments - 55+ Community

Pavilion Lakes Apartments

Sugar Mill Creek

River Club

Ashley Pointe
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.

The Westcott

Wabash Riverfront Flats

Shannon Glenn

Fairmont Apartments

1900 N Willow Rd

1520 Main St

108 E Main St

107 S 3rd 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.

812 Negley Ave

Eastland Apartments

528 N Main St

5560 E Virginia St

1425 E Uhlhorn St

1671 Enlow Ave

202 Herndon Dr

4307 Maxwell Ave
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.
Francisco, IN Local Guide

How much does it cost to rent an apartment in Francisco?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Francisco Studio Apartments | $1,120 | $600 | $1,600 |
| Francisco 1 Bedroom Apartments | $994 | $599 | $1,850 |
| Francisco 2 Bedroom Apartments | $1,391 | $740 | $4,449 |
| Francisco 3 Bedroom Apartments | $1,620 | $1,249 | $2,309 |
Browse Top Apartments in Francisco
See all Apartments in FranciscoExplore Francisco
Francisco, IN Local Guide
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Cheapest Available Francisco Apartments for Rent and Nearby
 The cheapest available apartment rental in Francisco, IN is a 1 Bed unit found at SPRING VALLEY FLATS in the Oakhill neighborhood priced from $599. Valoré at Hidden Hills in the Outer Central North neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $675. Here is today’s list of the most affordable Francisco apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| SPRING VALLEY FLATS | The Redbud | 1BR,1BA | $599 |
| Valoré at Hidden Hills | The Dogwood - One Bedroom Apartment Home | 1BR,1BA | $675 |
| Princeton Court | 1 Bed 1 Bath | 1BR,1BA | $775 |
| The Timbers Apartments | The Oak 1 BR 1 BA | 1BR,1BA | $777 |
| TERRA TRACE | The Dogwood | 1BR,1BA | $799 |
| Woodbridge Place | The Dogwood | 1BR,1BA | $799 |
| Bradford Pointe Apartments | INBFP 2x1 675sqft - Classic | 2BR,1BA | $805 |
| Pavilion Lakes Apartments | The Michigan | 1BR,1BA | $899 |
| River Club | Columbia | 1BR,1BA | $935 |
| Ashley Pointe | One Bedroom Apartment | 1BR,1BA | $990 |
Best Value Apartments for Rent in Francisco, IN and Nearby
As of April 16, 2026 the best value apartment in the Francisco area is the $1.16 price per square foot 2BR/2.0BA Model at Apartments@41 in the in the Business 41 neighborhood starting from $1,500. The second greatest value Francisco apartment is the Kensington Model at North Park starting at $1,250 with a $1.04 price per square foot in the Mt Auburn neighborhood. Here is today’s list of the best values for Francisco apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Apartments@41 | 2BR/2.0BA | 2BR,2BA | $1.16 |
| North Park | Kensington | 2BR,1.5BA | $1.04 |
| River Club | Delaware - Renovated | 2BR,1BA | $1.30 |
| Baldwin Heights | 2 Bedroom | 2BR,1BA | $1.18 |
| Vail Estates Apartments | Two Bedroom One Bathroom | 2BR,1BA | $1.09 |
| Bell Pointe Apartments | One Bedroom | 1BR,1BA | $1.28 |
| Wabash Riverfront Flats | 2BR/1.0BA | 2BR,1BA | $1.24 |
| Brooklyn Place | Ashford | 1BR,1BA | $1.31 |
| Woodbridge Place | The Flowering Pink Dogwood | 1BR,1BA | $1.21 |
| Valoré at Hidden Hills | The Pine - One Bedroom Apartment Home | 1BR,1BA | $1.25 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
Read ArticleDon'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 ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
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Read ArticleCash 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.
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 Francisco, IN Rentals by Map
See the most popular apartments and homes in Francisco, IN
Frequently Asked Questions about Cheap Francisco Apartments
What is the Cheapest Studio apartment in Francisco?
Currently the most affordable Cheap Studio Apartment in Francisco is at The Forge on Main listed at $1,071.
How much is rent for a Cheap One Bedroom Francisco Apartment?
The lowest price for a Cheap One Bedroom Francisco Apartment is $599 at SPRING VALLEY FLATS.
What is the lowest price for a Cheap Two Bedroom Francisco Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Francisco is starting from $805 at Bradford Pointe Apartments.
What is the most affordable Francisco Three Bedroom Apartment?
The best deal on a cheap Francisco Three Bedroom Apartment rental is at Baldwin Heights and starts from $1,280.
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

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.