Cheap Apartments for Rent in Freetown, IN from $600 (38 Rentals)

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

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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Townhomes at 28th
Rent Specials
$1,205 - $1,355
Total Monthly Price

Total Monthly Price

Base Rent
$1,205 - $1,355

Total Monthly Price
$1,205 - $1,355
2 to 3 Bedroom Apartments Available Now

Townhomes at 28th

1560 28th StColumbus, IN 47201
Military
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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.

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.

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Applegate
Studio to 2 Bedroom Apartments

Applegate

2230 Applegate DrColumbus, IN 47203
Corporate Housing
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2511 Q St
1 to 2 Bedroom Apartments

2511 Q St

2511 Q StBedford, IN 47421
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Arbor at Water's Edge
1 to 4 Bedroom Apartments

Arbor at Water's Edge

4060 N 150 WColumbus, IN 47201
  • Utilities Included
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SummerHouse
1 to 3 Bedroom Apartments

SummerHouse

4501 E 3rd StBloomington, IN 47401
Student Housing
  • Utilities Included

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.

Freetown, IN Local Guide

Cheapest Available Freetown Apartments for Rent and Nearby

 

The cheapest available apartment rental in Freetown, IN is a 2 Beds unit found at The Annex of Columbus priced from $700. Bloomfield Apartments in the Downtown Columbus IN neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $805. Here is today’s list of the most affordable Freetown apartments for rent:

Apartment ListingModel NameBed/BathPriced From
The Annex of Columbus2 Bed 2 Bath2BR,2BA$700
Bloomfield ApartmentsOne Bedroom1BR,1BA$805
ApplegateStudioStudio,1BA$859
Park RidgePark Ridge - 1 Bedroom - Waived Admin Fees & $3...1BR,1BA$899
Briarwood of ColumbusOne Bedroom Apartment1BR,1BA$972
Tracks at Seymour2 Bedroom, 1 Bath, 840 Sq Ft2BR,1BA$1,025
Charleston Square Apartments2 Bed 1 Baths2BR,1BA$1,100
Quail Run1 Bedroom1BR,1BA$1,150
Sunrise Suites Apartments2 Bed 1 Bath2BR,1BA$1,150
Williamsburg WayThe Yorktown3BR,1BA$1,225

Best Value Apartments for Rent in Freetown, IN and Nearby

As of June 13, 2026 the best value apartment in the Freetown area is the $1.20 price per square foot 4BR Downstairs Model at Arbor at Water's Edge in the in the Downtown Columbus IN neighborhood starting from $1,640. The second greatest value Freetown apartment is the The Yorktown Model at Williamsburg Way starting at $1,225 with a $1.01 price per square foot in the Downtown Columbus IN neighborhood. Here is today’s list of the best values for Freetown apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Arbor at Water's Edge4BR Downstairs4BR,2BA$1.20
Williamsburg WayThe Yorktown3BR,1.5BA$1.01
StonegateTwo Bedroom Two Bath2BR,2BA$1.20
Townhomes at 28thTwo Bedroom One Bath2BR,1BA$1.22
Sunrise Suites Apartments2 Bed 1 Bath2BR,1BA$1.33
Tracks at Seymour2 Bedroom, 1 Bath, 840 Sq Ft2BR,1BA$1.22
The MonroeB22BR,2BA$1.15
Briarwood of ColumbusOne Bedroom Apartment1BR,1BA$1.34
The Annex of Columbus2 Bed 2 Bath2BR,2BA$1.01
Bloomfield ApartmentsOne Bedroom1BR,1BA$1.25

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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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.

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

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Frequently Asked Questions about Cheap Freetown Apartments

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

The lowest price for a Cheap One Bedroom Freetown Apartment is $805 at Bloomfield Apartments.

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

Today's best deal for a Cheap Two Bedroom Apartment in Freetown is starting from $715 at The Annex of Columbus.

What is the most affordable Freetown Three Bedroom Apartment?

The best deal on a cheap Freetown Three Bedroom Apartment rental is at Williamsburg Way and starts from $1,225.

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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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.

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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.

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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.

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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.