Cheap Apartments for Rent in Friendship, IN from $400 (19 Rentals)

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

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.

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Sparrow Ridge
2 Bedroom Apartments

Sparrow Ridge

2375 Southpark DrHebron, KY 41048
Senior Living
  • 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.

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Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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Friendship, IN Local Guide

Cheapest Available Friendship Apartments for Rent and Nearby

 

The cheapest available apartment rental in Friendship, IN is a 2 Beds unit found at Sparrow Ridge in the Thornwilde Seasons neighborhood priced from $461. 281 E Main St has the second lowest priced unit, which is a 1 Bed apartment currently listed from $775. Here is today’s list of the most affordable Friendship apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Sparrow Ridge2 Bedroom2BR,1BA$461
281 E Main StOne Bed, One Bath1BR,1BA$775
Meadow Creek Townhomes2 Bed2BR,1BA$800
The Woods of Oakbrook1 Bed 1 Bath1BR,1BA$940
The Crossings of Oakbrook1 Bedroom 1 Bath1BR,1BA$1,100

Best Value Apartments for Rent in Friendship, IN and Nearby

As of June 28, 2025 the best value apartment in the Friendship area is the $1.16 price per square foot 3 Bedrooms, 2.5 Bathrooms Model at Hopeful Trace Townhomes in the in the French Quarter at Orleans neighborhood starting from $1,975. The second greatest value Friendship apartment is the 3 bedroom 2 bathroom Model at Affinity of Union starting at $1,800 with a $1.29 price per square foot in the French Quarter at Orleans neighborhood. Here is today’s list of the best values for Friendship apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Hopeful Trace Townhomes3 Bedrooms, 2.5 Bathrooms3BR,2.5BA$1.16
Affinity of Union3 bedroom 2 bathroom3BR,2BA$1.29
Sanctuary Place2 Bed 2 Bath2BR,2BA$0.97
200 Riverview Dr2BR/2BA2BR,2BA$1.36
South Pointe Townhomes3 Bedroom Garden3BR,2BA$1.21
Tuscany Bay Apartments2x22BR,2BA$1.21
The Crossings of Oakbrook1 Bedroom 1 Bath1BR,1BA$1.33
Sparrow Ridge2 Bedroom2BR,1BA$0.56
281 E Main StOne Bed, One Bath1BR,1BA$0.97
Meadow Creek Townhomes2 Bed2BR,1BA$1.07

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

Explore Friendship, IN Rentals by Map

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See the most popular apartments and homes in Friendship, IN

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Frequently Asked Questions about Cheap Friendship Apartments

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

The lowest price for a Cheap One Bedroom Friendship Apartment is $775 at 281 E Main St.

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

Today's best deal for a Cheap Two Bedroom Apartment in Friendship is starting from $461 at Sparrow Ridge.

What is the most affordable Friendship Three Bedroom Apartment?

The best deal on a cheap Friendship Three Bedroom Apartment rental is at Meadow Creek Townhomes and starts from $900.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.