Cheap Apartments for Rent in Hamilton County, IN from $400 (75 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
Lifestyle Matching SearchDone
Learn more about Lifestyle Search
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

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.

Read Article

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.

Read Article

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.

Read Article

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

Read Article
property at 10614 McPherson St

$1,285

2 Bedroom, 1 Bath Townhome for Rent

Available Jan 1, 2026

10614 McPherson St

IndianapolisIN46280

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.

Read Article
Showing Results 1-50, Page 1 of 2

Cheapest Available Hamilton County Apartments for Rent

 

The cheapest available apartment rental in Hamilton County, IN is a 1 Bed unit found at AFR Indiana in the Cicero Arcadia neighborhood priced from $746. Blackhawk Commons in the Cicero Arcadia neighborhood has the second lowest priced unit, which is a 3 Beds apartment currently listed from $840. Here is today’s list of the most affordable Hamilton County apartments for rent:

Apartment ListingModel NameBed/BathPriced From
AFR Indiana1x1f1BR,1BA$746
Blackhawk CommonsThree Bedroom3BR,2BA$840
Grissom Estates ApartmentsTwo Bedroom2BR,1BA$999
Federal Hill ApartmentsBasswood-S1Studio,1BA$1,099
MAIN STREETThe MapleStudio,1BA$1,113
Metropolitan FishersFallingbrook1BR,1BA$1,118
Carmel Landing Apartment Homes1-Garden1BR,1BA$1,129
Sanctuary at FishersThe Harmony1BR,1BA$1,129
Lakeview Court ApartmentsThe Bay2BR,2BA$1,144
Nook NineTasselStudio,1BA$1,148

Best Value Apartments for Rent in Hamilton County, IN

As of December 24, 2025 the best value apartment in the Hamilton County area is the $1.35 price per square foot Trenton Model at Casey Corner Townhomes in the in the Countryside/Richter`s Corner neighborhood starting from $2,300. The second greatest value Hamilton County apartment is the 2 bed 2.5 bath Townh Renovated - Ralston Model at Governor Square starting at $1,685 with a $1.04 price per square foot in the Spring Mill neighborhood. Here is today’s list of the best values for Hamilton County apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Casey Corner TownhomesTrenton3BR,2.5BA$1.35
Governor Square2 bed 2.5 bath Townh Renovated - Ralston2BR,2.5BA$1.04
Pebble Village Townhomes2 Bedroom2BR,1BA$1.00
Redwood Westfield Myra WayBreezewood2BR,2BA$1.40
Deer Chase3Bed/2Bath Up3BR,2BA$1.37
Carlyle CourtTwo Bedroom Two Bathroom (C3)2BR,2BA$1.01
Grissom Estates ApartmentsTwo Bedroom2BR,1BA$1.04
Woods of BrittonCedar1BR,1BA$1.40
Sanctuary at FishersThe Harmony1BR,1BA$1.36
AFR Indiana1x1r1BR,1BA$1.32

Frequently Asked Questions about Cheap Hamilton County Apartments

What is the Cheapest Studio apartment in Hamilton County?

Currently the most affordable Cheap Studio Apartment in Hamilton County is at Federal Hill Apartments listed at $1,099.

How much is rent for a Cheap One Bedroom Hamilton County Apartment?

The lowest price for a Cheap One Bedroom Hamilton County Apartment is $746 at AFR Indiana.

What is the lowest price for a Cheap Two Bedroom Hamilton County Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Hamilton County is starting from $999 at Grissom Estates Apartments.

What is the most affordable Hamilton County Three Bedroom Apartment?

The best deal on a cheap Hamilton County Three Bedroom Apartment rental is at Blackhawk Commons and starts from $840.

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 Renting with Roommates: Realistic Expectations for Shared Lease article

Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

decorative image for Apartment Common Area Rules: What Renters Need to Know article

Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

decorative image for How to Negotiate Your Apartment Lease and Save Money article

How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

decorative image for The Rental Move-In Inspection Checklist: A Guide for Renters article

The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.