Cheap Apartments for Rent near Grantsburg, IN from $400 (55 Rentals)

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

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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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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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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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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Ironton at Shoals
Studio to 2 Bedroom Apartments

Ironton at Shoals

11708 Ironton RdShoals, IN 47581
Senior Living
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6500 & 6506 Hackel Dr
2 Bedroom Apartments

6500 & 6506 Hackel Dr

6506 Hackel DrLouisville, KY 40258
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3404 Shagbark Rd
2 Bedroom Apartments

3404 Shagbark Rd

3404 Shagbark RdLouisville, KY 40216
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West Baden Lofts
2 to 3 Bedroom Apartments

West Baden Lofts

942 N Main StWest Baden Springs, IN 47469
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High Peaks
2 Bedroom Apartments

High Peaks

9815 US-150Greenville, IN 47124

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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Grantsburg, IN Local Guide

Cheapest Available Grantsburg Apartments for Rent and Nearby

 

The cheapest available apartment rental in Grantsburg, IN is a 3 Beds unit found at Lower Hunters Trace in the South Louisville neighborhood priced from $673. Knox Landing in the Meade County neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $700. Here is today’s list of the most affordable Grantsburg apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Lower Hunters Trace3 Bedroom3BR,2BA$673
Knox Landing1 Bed / 1 Bath1BR,1BA$700
Brookview GlenStudioStudio,1BA$719
Knobs Pointe Apartments1 Bedroom 1 Bath B1BR,1BA$740
Laurel at the Woodlands1 Bed 1 Bath1BR,1BA$828
The Monroe1 Bedroom and 1 Bathroom1BR,1BA$849
Miller Manor Apartments1 Bed1BR,1BA$850
Ironton at Shoals2 Beds, 1 Baths2BR,1BA$850
Willow RunOne Bed One Bath1BR,1BA$889
701-709 Etzler Dr2 Bedroom2BR,1BA$900

Best Value Apartments for Rent in Grantsburg, IN and Nearby

As of August 08, 2026 the best value apartment in the Grantsburg area is the $1.00 price per square foot Villas of Heritage Springs Townhomes Model at Heritage Springs Rentals in the starting from $1,150. The second greatest value Grantsburg apartment is the Three Bedroom Townhome Model at Valley Ridge starting at $1,161 with a $1.02 price per square foot in the New Albany neighborhood. Here is today’s list of the best values for Grantsburg apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Heritage Springs RentalsVillas of Heritage Springs Townhomes3BR,1.5BA$1.00
Valley RidgeThree Bedroom Townhome3BR,1BA$1.02
Cane Run StationTwo Bed Two Bath2BR,2BA$1.06
Huntley Ridge New AlbanyWillow2BR,1BA$0.94
Plaza Square Apartments2x12BR,1BA$1.00
Sheffield SquareOne Bedroom One Bath1BR,1BA$1.05
701-709 Etzler Dr2 Bedroom2BR,1BA$1.00
Knobs Pointe Apartments1 Bedroom 1 Bath B1BR,1BA$0.87
The Monroe1 Bedroom and 1 Bathroom1BR,1BA$1.06
Knox Landing1 Bed / 1 Bath1BR,1BA$1.06

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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Quick 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.

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Grantsburg, IN Rentals by Map

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See the most popular apartments and homes in Grantsburg, IN

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Frequently Asked Questions about Cheap Grantsburg Apartments

What is the Cheapest Studio apartment in Grantsburg?

Currently the most affordable Cheap Studio Apartment in Grantsburg is at Brookview Glen listed at $719.

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

The lowest price for a Cheap One Bedroom Grantsburg Apartment is $700 at Knox Landing.

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 Lower Hunters Trace and starts from $673.

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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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.

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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.