Cheap Apartments for Rent in Grant County, IN from $500 (25 Rentals)

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

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.

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

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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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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Beckford Place
Studio to 2 Bedroom Apartments

Beckford Place

1315 N Beckford PlMarion, IN 46952

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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Summit Village
1 to 3 Bedroom Apartments

Summit Village

246 N 500 EMarion, IN 46952
  • Utilities Included

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.

Cheapest Available Grant County Apartments for Rent

 

The cheapest available apartment rental in Grant County, IN is a 1 Bed unit found at Somerset Apartments priced from $722. Turnberry Square Apartments has the second lowest priced unit, which is a 2 Beds apartment currently listed from $955. Here is today’s list of the most affordable Grant County apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Somerset ApartmentsOne Bedroom1BR,1BA$722
Turnberry Square Apartments2x2A2BR,2BA$955
402 S Washington St1 Bedroom1BR,1BA$1,050
314 S Washington St3081BR,1BA$1,300
Hidden PondsThe Millpond3BR,2BA$1,339

Best Value Apartments for Rent in Grant County, IN

As of August 09, 2026 the best value apartment in the Grant County area is the $1.08 price per square foot The Millpond Model at Hidden Ponds in the starting from $1,339. The second greatest value Grant County apartment is the 124 West 39th Street Model at 124 West 39th Street, Unit Upper Level 2 Bedroom Unit starting at $850 with a $0.85 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.
Hidden PondsThe Millpond3BR,2BA$1.08
124 West 39th Street, Unit Upper Level 2 Bedroom Unit124 West 39th Street2BR,1BA$0.85
Turnberry Square Apartments2x2B R2BR,2BA$1.33
Somerset ApartmentsOne Bedroom1BR,1BA$1.05
1220 S Washington St, Unit B1220 S Washington St1BR,1BA$1.04
402 S Washington St1 Bedroom1BR,1BA$1.62
314 S Washington St3081BR,1BA$2.33

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 Somerset Apartments which is listed at $722, while the average apartment in Grant County costs $1,010.

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.

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

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

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.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

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.

decorative image for Apartment Occupancy Rates: Renter Attraction vs Renter Retention   article

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.