Cheap Apartments for Rent in Freetown, IN from $500 (36 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Lifestyle Matching SearchDone
Learn more about Lifestyle Search
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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.

Read Article

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.

Read Article
close
View Me
Townhomes at 28th
Rent Specials
$1,185 - $1,505
Total Monthly Price

Total Monthly Price

Base Rent
$1,185 - $1,505
Total Monthly Price
$1,185 - $1,505
2 to 3 Bedroom Apartments Available Now

Townhomes at 28th

1560 28th StColumbus, IN 47201
Military
  • Verified
  • 3D Tour
  • Smoke Free

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.

Read Article
close
View Me
Applegate
Studio to 2 Bedroom Apartments

Applegate

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

2511 Q St

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

Arbor at Water's Edge

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

SummerHouse

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

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.

Read Article
Showing Results 1-36, Page 1 of 1

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 $625. Applegate in the Downtown Columbus IN neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $819. 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$625
ApplegateStudioStudio,1BA$819
Tracks at Seymour2 Bedroom, 1 Bath, 840 Sq Ft2BR,1BA$1,025
Briarwood of ColumbusOne Bedroom Apartment1BR,1BA$1,033
St. Barts ApartmentsThe Spruce1BR,1BA$1,100
Charleston Square Apartments2 Bed 1 Baths2BR,1BA$1,100
Sunrise Suites Apartments2 Bed 1 Bath2BR,1BA$1,150
Quail Run1 Bedroom1BR,1BA$1,150
Townhomes at 28thTwo Bedroom One Bath2BR,1BA$1,255
StonegateTwo Bedroom Two Bath2BR,2BA$1,359

Best Value Apartments for Rent in Freetown, IN and Nearby

As of April 29, 2026 the best value apartment in the Freetown area is the $1.10 price per square foot 4BR Upstairs Model at Arbor at Water's Edge in the in the Downtown Columbus IN neighborhood starting from $1,597. The second greatest value Freetown apartment is the Two Bedroom Two Bath Model at Stonegate starting at $1,359 with a $1.26 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 Upstairs4BR,2BA$1.10
StonegateTwo Bedroom Two Bath2BR,2BA$1.26
The Enclave ApartmentsT.HOME2BR,2BA$1.42
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$1.37
The MonroeB22BR,2BA$1.18
Charleston Square Apartments2 Bed 1 Baths2BR,1BA$1.43
Briarwood of ColumbusOne Bedroom Apartment1BR,1BA$1.42
The Annex of Columbus2 Bed 2 Bath2BR,2BA$0.90

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 Article
Decorative image

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 Article
Decorative image

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

Read Article
Decorative image

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.

Read Article
Decorative image

Quick 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.

decorative image of people with a giant lease agreement

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

Explore Freetown, IN Rentals by Map

Decorative image of map

See the most popular apartments and homes in Freetown, IN

View Map
Freetown, IN Apartments Map
View Map
Freetown, IN Rental Homes Map

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 $959 at Applegate.

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 $625 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 Townhomes at 28th and starts from $1,355.

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

decorative image for Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts article

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

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.

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

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.

decorative image for 18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property article

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.