Cheap Apartments for Rent near Friendship, IN from $640 (50 Rentals)

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

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Gwen Gardens Apartments
1 to 2 Bedroom Apartments

Gwen Gardens Apartments

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

22 Washington Ave

22 Washington AveNorth Bend, OH 45052

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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Friendship, IN Local Guide

Cheapest Available Friendship Apartments for Rent and Nearby

 

The cheapest available apartment rental in Friendship, IN is a Studio unit found at Concord Square Apartments in the Dearborn County neighborhood priced from $640. 217 Hooton Blvd has the second lowest priced unit, which is a 1 Bed apartment currently listed from $800. Here is today’s list of the most affordable Friendship apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Concord Square ApartmentsStudioStudio,1BA$640
217 Hooton Blvd1 Bedroom, 1 Bathroom1BR,1BA$800
Parkview Senior ApartmentsOne Bedroom1BR,1BA$877
Brook Run Apartment ComplexStandard Two Bedroom2BR,1BA$935
Meadowbrook Apartments2 Bedroom 1 Bathroom2BR,1BA$1,000
Hayfield ParkOne Bedroom1BR,1BA$1,070
Sparrow Ridge2 Bedroom2BR,1BA$1,076
Depot Square FlatsMitchell, Unit F1BR,1BA$1,100
Florence HallSedonaStudio,1BA$1,199
Sky Harbor Apartments1 Bed Sunset Square1BR,1BA$1,200

Best Value Apartments for Rent in Friendship, IN and Nearby

As of September 03, 2026 the best value apartment in the Friendship area is the $1.36 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 $2,311. 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$1.36
200 Riverview Dr2BR/2BA2BR,2BA$1.00
Affinity of Union2 bedroom 2 bathroom front to back2BR,2BA$1.28
Country Place3 BR, 2 BTH Garden3BR,2BA$1.31
South Pointe Townhomes3 Bedroom Garden3BR,2BA$1.21
Sky Harbor Apartments1 Bed Sunset Square 21BR,1BA$1.43
Sparrow Ridge2 Bedroom2BR,1BA$1.31
Brook Run Apartment ComplexStandard Two Bedroom2BR,1BA$1.14
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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Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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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 Concord Square Apartments listed at $640.

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

The lowest price for a Cheap One Bedroom Friendship Apartment is $775 at Concord Square Apartments.

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.

decorative image for Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My! article

Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!

Written by: Robin Stewart

Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

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Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

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First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.