Cheap Apartments for Rent near Friendship, IN from $600 (41 Rentals)

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

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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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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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.

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250 E State Rd
2 Bedroom Apartments

250 E State Rd

250 E State RdCleves, OH 45002
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281 E Main St
1 Bedroom Apartments

281 E Main St

281 E Main StHanover, IN 47243
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Gwen Gardens Apartments
1 to 2 Bedroom Apartments

Gwen Gardens Apartments

892 Bea Scott DrWarsaw, KY 41095
Senior Living
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22 Washington Ave
2 Bedroom Apartments

22 Washington Ave

22 Washington AveNorth Bend, OH 45052

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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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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Friendship, IN Local Guide

Cheapest Available Friendship Apartments for Rent and Nearby

 

The cheapest available apartment rental in Friendship, IN is a 1 Bed unit found at 217 Hooton Blvd priced from $800. Parkview Senior Apartments in the French Quarter at Orleans neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $877. Here is today’s list of the most affordable Friendship apartments for rent:

Apartment ListingModel NameBed/BathPriced From
217 Hooton Blvd1 Bedroom, 1 Bathroom1BR,1BA$800
Parkview Senior ApartmentsOne Bedroom1BR,1BA$877
Brook Run Apartment ComplexStandard Two Bedroom2BR,1BA$935
Hayfield ParkStudio RenoStudio,1BA$965
Depot Square FlatsMitchell, Unit F1BR,1BA$1,100
Sky Harbor Apartments1 Bed Sunset Square 21BR,1BA$1,179
Newly Renovated Apartments2 bed 1 bath2BR,1BA$1,190
Florence HallSedonaStudio,1BA$1,199
Tuscany Bay Apartments2x22BR,2BA$1,200
Dillsboro TownhomesTownhome2BR,1BA$1,200

Best Value Apartments for Rent in Friendship, IN and Nearby

As of July 19, 2026 the best value apartment in the Friendship area is the $1.35 price per square foot Three Bed/Flex Two-Half Bath TH Model at Hopeful Trace Townhomes in the in the French Quarter at Orleans neighborhood starting from $2,300. The second greatest value Friendship apartment is the 2BR/2BA Model at 200 Riverview Dr starting at $1,500 with a $1.00 price per square foot in the Gallatin County 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 TownhomesThree Bed/Flex Two-Half Bath TH3BR,2.5BA$1.35
200 Riverview Dr2BR/2BA2BR,2BA$1.00
Affinity of Union2 bedroom 2 bathroom front to back2BR,2BA$1.28
South Pointe Townhomes3 Bedroom Garden3BR,2BA$1.21
Trails of SaddlebrookGainsway (3rd Floor—Balcony/Fireplace)2BR,2BA$1.30
Tuscany Bay Apartments2x22BR,2BA$1.21
Newly Renovated Apartments2 bed 1 bath2BR,1BA$1.24
Brook Run Apartment ComplexTwo Bedroom W/D Connections2BR,1BA$1.22
217 Hooton Blvd1 Bedroom, 1 Bathroom1BR,1BA$1.05
Parkview Senior ApartmentsOne Bedroom1BR,1BA$1.27

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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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 Friendship Apartments

What is the Cheapest Studio apartment in Friendship?

Currently the most affordable Cheap Studio Apartment in Friendship is at Hayfield Park listed at $965.

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

The lowest price for a Cheap One Bedroom Friendship Apartment is $800 at 217 Hooton Blvd.

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 $935 at Brook Run Apartment Complex.

What is the most affordable Friendship Three Bedroom Apartment?

The best deal on a cheap Friendship Three Bedroom Apartment rental is at South Pointe Townhomes and starts from $1,298.

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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Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

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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.