Cheap Apartments for Rent in Grant County, IN from $500 (23 Rentals)

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

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.

property at 421 E South D St

$725

Total Monthly Price

Total Monthly Price

Base Rent
$725

Total Monthly Price
$725

1 Bedroom, 1 Bath Home for Rent

Available Now

421 E South D St

Gas CityIN46933

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Parkville Apartments
Studio to 2 Bedroom Apartments

Parkville Apartments

400 N 10th StGas City, IN 46933
  • Utilities Included
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Summit Village
1 to 3 Bedroom Apartments

Summit Village

246 N 500 EMarion, IN 46952
  • Utilities Included
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Beckford Place
Studio to 2 Bedroom Apartments

Beckford Place

1315 N Beckford PlMarion, IN 46952

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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.

Cheapest Available Grant County Apartments for Rent

 

The cheapest available apartment rental in Grant County, IN is a 2 Beds unit found at Somerset Apartments priced from $913. 314 S Washington St has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,300. Here is today’s list of the most affordable Grant County apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Somerset ApartmentsTwo Bedroom2BR,1BA$913
314 S Washington St3081BR,1BA$1,300
402 S Washington St3 Bed Basic3BR,2BA$1,750

Best Value Apartments for Rent in Grant County, IN

As of June 24, 2026 the best value apartment in the Grant County area is the $0.67 price per square foot 916 W 3rd St Model at 916 W 3rd St, Unit A in the starting from $900. The second greatest value Grant County apartment is the Two Bedroom Model at Somerset Apartments starting at $913 with a $0.74 price per square foot . Here is today’s list of the best values for Grant County apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
916 W 3rd St, Unit A916 W 3rd St2BR,1BA$0.67
Somerset ApartmentsTwo Bedroom2BR,1.5BA$0.74
402 S Washington St3 Bed Basic3BR,2BA$1.47
124 West 39th Street, Unit Upper Level 2 Bedroom Unit124 West 39th Street2BR,1BA$0.85
Hunters RunThe Meadow2BR,1BA$1.11
116 S G St, Unit C116 S G St2BR,1BA$1.00
102 S F St, Unit 102 and half102 S F St1BR,1BA$1.04
314 S Washington St3081BR,1BA$2.33
906 W 3rd St, Unit Apt A906 W 3rd St1BR,1BA$1.46

Frequently Asked Questions about Cheap Grant County Apartments

What is the price of a cheap apartment in Grant County?

The cheapest apartment in Grant County is 314 S Washington St which is listed at $1,300, while the average apartment in Grant County costs $1,425.

What types of apartments are the cheapest in Grant County?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 1 regular apartments in Grant County that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Grant County?

Cheap apartments in Grant County have an average cost of $347 which is $1,078 cheaper than the average rent for all rentals in Grant County.

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

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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

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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

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Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.