Cheap Homes for Rent in Hamilton County, IN from $800 (25 Rentals)

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

property at 10614 McPherson St

$1,285

2 Bedroom, 1 Bath Townhome for Rent

Available Jan 1, 2026

10614 McPherson St

IndianapolisIN46280

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Showing Results 1-25, Page 1 of 1

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

Best Value Apartments for Rent in Hamilton County, IN

As of December 22, 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 $1,695 with a $1.05 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$1.05
Pebble Village Townhomes2 Bedroom2BR,1BA$1.00
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
Northlake VillageLake Lemon1BR,1BA$1.37
Sanctuary at FishersThe Harmony1BR,1BA$1.36
AFR Indiana1x1r1BR,1BA$1.32

Frequently Asked Questions about Hamilton County

What type of rentals are currently available in Hamilton County?

There are currently 198 Apartments for Rent in Hamilton County, IN with pricing that ranges from $840 to $10,855. There are also 286 Single Family Homes for rent, Condos, and Townhome rentals currently available in Hamilton County ranging from $845 to $8,950.

What is the current price range for Rental Homes in Hamilton County?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Hamilton County ranges from $845 to $8,950 with an average monthly rent of $2,442.

How much are larger Three and Four Bedroom Rentals in Hamilton County?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Hamilton County range from $840 to $10,855, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,575 to $3,750. Four Bedroom Single-Family rentals are also available starting from $1,770 and Four Bedroom Apartments start at $1,805.

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.