
Cheap Apartments for Rent in Hamilton, IN from $300 (23 Rentals)
Search the lowest-cost Apartments available for rent right now in Hamilton.


Emerald Pointe (55+ Senior Community)

Drake Terrace III

Total Monthly Price
Montrose Square

Fountain Lake Apartment Homes

Golfview Apartments

Winthrop Terrace - Bryan
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.

Wallen Hills Apartments

Crosswait Estates Apartments

West Commons

Deerfield Village

Nelson Estates Apartments

Autumn Hills II Apartments

223 S Ivy Ln
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.

221 S Ivy Ln

210 S Ivy Ln

340 N Wayne St

210 1/2 W 4th St

Northcrest Apartments

1000 Old Brick Rd

Price Apartments
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.

101 Autumn Hls Dr

Griswold Estates Apartments
Hamilton, IN Local Guide

How much does it cost to rent an apartment in Hamilton?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Hamilton Studio Apartments | $934 | $702 | $1,208 |
| Hamilton 1 Bedroom Apartments | $1,237 | $335 | $2,177 |
| Hamilton 2 Bedroom Apartments | $1,498 | $385 | $2,679 |
| Hamilton 3 Bedroom Apartments | $1,884 | $776 | $2,500 |
| Hamilton 4 Bedroom Apartments | $2,560 | $2,560 | $2,560 |
Browse Top Apartments in Hamilton
See all Apartments in HamiltonExplore Hamilton
Hamilton, IN Local Guide
- Hamilton Neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Available Hamilton Apartments for Rent and Nearby
 The cheapest available apartment rental in Hamilton, IN is a 2 Beds unit found at Drake Terrace III priced from $741. Fountain Lake Apartment Homes in the Northeast Fort Wayne neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $780. Here is today’s list of the most affordable Hamilton apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Drake Terrace III | 2 Bedroom | 2BR,1BA | $741 |
| Fountain Lake Apartment Homes | Trevi | Studio,1BA | $780 |
| Crosswait Estates Apartments | Two Bedroom | 2BR,1BA | $919 |
| West Commons | The Cove | Studio,1BA | $940 |
| Deerfield Village | One Bedroom | 1BR,1BA | $945 |
Best Value Apartments for Rent in Hamilton, IN and Nearby
As of June 14, 2026 the best value apartment in the Hamilton area is the $1.05 price per square foot Townhomes Model at Evard Place - Solar Powered in the in the Northeast Fort Wayne neighborhood starting from $2,000. The second greatest value Hamilton apartment is the Kensington Model at Union Club Apartments starting at $2,131 with a $1.21 price per square foot in the Pine Valley neighborhood. Here is today’s list of the best values for Hamilton apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Evard Place - Solar Powered | Townhomes | 3BR,2.5BA | $1.05 |
| Union Club Apartments | Kensington | 3BR,2BA | $1.21 |
| Huntertown Apartments | Two Bedroom | 2BR,2.5BA | $1.13 |
| Windsor Oaks | The Oak | 3BR,2BA | $1.10 |
| Copper Creek Villas | Villa | 3BR,2.5BA | $1.30 |
| Emerald Pointe (55+ Senior Community) | Hawthorne | 2BR,1.5BA | $1.16 |
| Griswold Estates Apartments | Two Bedroom One Bathroom | 2BR,1BA | $1.08 |
| Nelson Estates Apartments | 2Bed_1Bath | 2BR,1BA | $1.11 |
| Crosswait Estates Apartments | Two Bedroom | 2BR,1BA | $0.96 |
| Drake Terrace III | 2 Bedroom | 2BR,1BA | $0.99 |
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 Hamilton, IN Rentals by Map
See the most popular apartments and homes in Hamilton, IN
Frequently Asked Questions about Cheap Hamilton Apartments
What is the Cheapest Studio apartment in Hamilton?
Currently the most affordable Cheap Studio Apartment in Hamilton is at Fountain Lake Apartment Homes listed at $780.
How much is rent for a Cheap One Bedroom Hamilton Apartment?
The lowest price for a Cheap One Bedroom Hamilton Apartment is $945 at Deerfield Village.
What is the lowest price for a Cheap Two Bedroom Hamilton Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Hamilton is starting from $741 at Drake Terrace III.
What is the most affordable Hamilton Three Bedroom Apartment?
The best deal on a cheap Hamilton Three Bedroom Apartment rental is at Drake Terrace III and starts from $776.
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

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.