
Cheap Apartments for Rent in Grantsburg, IN from $500 (43 Rentals)
Search the lowest-cost Apartments available for rent right now in Grantsburg.


Mason Manor Apartments

Knox Landing

Brookview Glen

Knobs Pointe Apartments

Elm Grove Apartments

Total Monthly Price
Broadleaf Arms

Stone Creek Apartments I & II
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.

Gaslight Square Apartments

Laurel at the Woodlands

Bayshore Townhomes

Greenwood Place Apartments

Total Monthly Price
Kingsfield Luxury Apartments

Miller Manor Apartments

Willow Run

The Monroe
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.

Silver Creek Commons East & West

701-709 Etzler Dr

Huntley Ridge New Albany

Hunters Run

Riverport Landings Senior

Whispering Woods I

Sheffield Square

Paddocks at Ridge Park
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.

Total Monthly Price
Plaza Square Apartments

The Flintlock Arms Apartment Community

Ironton at Shoals

1302 Main St

4806 Saddlebrook Ln

748 9th St

107 S 3rd St

Christ the King Apartments
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.

5054 IN-56

4913 Saddlebrook Ln

6500 & 6506 Hackel Dr

100 Orchard Hill Dr

3404 Shagbark Rd

West Baden Lofts

Savannah Square & Terrace Apartments

602 12th St
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.

High Peaks

Arbor Place Apartments

High Park Apartments
Grantsburg, IN Local Guide

How much does it cost to rent an apartment in Grantsburg?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Grantsburg Studio Apartments | $1,096 | $719 | $1,215 |
| Grantsburg 1 Bedroom Apartments | $1,005 | $681 | $1,510 |
| Grantsburg 2 Bedroom Apartments | $1,239 | $800 | $1,607 |
| Grantsburg 3 Bedroom Apartments | $1,391 | $806 | $1,839 |
Browse Top Apartments in Grantsburg
See all Apartments in GrantsburgExplore Grantsburg
Grantsburg, IN Local Guide
- Nearby Cities
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Cheapest Available Grantsburg Apartments for Rent and Nearby
 The cheapest available apartment rental in Grantsburg, IN is a 1 Bed unit found at Ironton at Shoals priced from $650. Mason Manor Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $695. Here is today’s list of the most affordable Grantsburg apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Ironton at Shoals | 1 Beds, 1 Baths | 1BR,1BA | $650 |
| Mason Manor Apartments | 5 | 1BR,1BA | $695 |
| Knox Landing | 1 Bed / 1 Bath | 1BR,1BA | $700 |
| Brookview Glen | Studio | Studio,1BA | $719 |
| Broadleaf Arms | One Bedroom One Bathroom | 1BR,1BA | $764 |
| Kingsfield Luxury Apartments | One Bedroom | 1BR,1BA | $850 |
| Miller Manor Apartments | 1 Bed | 1BR,1BA | $850 |
| Greenwood Place Apartments | 1+1 | 1BR,1BA | $850 |
| Willow Run | One Bed One Bath | 1BR,1BA | $879 |
| The Monroe | 1 Bedroom and 1 Bathroom | 1BR,1BA | $899 |
Best Value Apartments for Rent in Grantsburg, IN and Nearby
As of May 09, 2026 the best value apartment in the Grantsburg area is the $0.92 price per square foot 2 Bedroom, 2 Bathroom Model at Hunters Run in the in the South Louisville neighborhood starting from $1,065. The second greatest value Grantsburg apartment is the Villas of Heritage Springs Townhomes Model at Heritage Springs Rentals starting at $1,150 with a $1.00 price per square foot . Here is today’s list of the best values for Grantsburg apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Hunters Run | 2 Bedroom, 2 Bathroom | 2BR,2BA | $0.92 |
| Heritage Springs Rentals | Villas of Heritage Springs Townhomes | 3BR,1.5BA | $1.00 |
| Huntley Ridge New Albany | Willow | 2BR,1BA | $0.94 |
| Plaza Square Apartments | 2x1 | 2BR,1BA | $1.00 |
| Riverport Landings Senior | 2B1B | 2BR,1BA | $1.02 |
| Valley Ridge | Two Bedroom Townhome | 2BR,1BA | $1.03 |
| 701-709 Etzler Dr | 2 Bedroom | 2BR,1BA | $1.00 |
| Kingsfield Luxury Apartments | One Bedroom | 1BR,1BA | $0.94 |
| Broadleaf Arms | One Bedroom One Bathroom | 1BR,1BA | $0.96 |
| Ironton at Shoals | 1 Beds, 1 Baths | 1BR,1BA | $1.00 |
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.
Read ArticleReal 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.
Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Grantsburg, IN Rentals by Map
See the most popular apartments and homes in Grantsburg, IN
Frequently Asked Questions about Cheap Grantsburg Apartments
How much is rent for a Cheap One Bedroom Grantsburg Apartment?
The lowest price for a Cheap One Bedroom Grantsburg Apartment is $650 at Ironton at Shoals.
What is the lowest price for a Cheap Two Bedroom Grantsburg Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Grantsburg is starting from $800 at Knox Landing.
What is the most affordable Grantsburg Three Bedroom Apartment?
The best deal on a cheap Grantsburg Three Bedroom Apartment rental is at Knox Landing and starts from $900.
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

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.