Cheap Apartments for Rent in Hamilton, IN from $300 (48 Rentals)

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

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Montrose Square
$600 - $1,547
Total Monthly Price

Total Monthly Price

Base Rent
$600 - $1,547
Total Monthly Price
$600 - $1,547
Studio to 2 Bedroom Apartments Contact Us For Availability

Montrose Square

6531 Emmons DrFort Wayne, IN 46835
Affordability
  • Verified
  • Customer Reviewed
  • Utilities Included

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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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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Terrace Place Apartments
Rent Specials
$1,199 - $1,799
Total Monthly Price

Total Monthly Price

Base Rent
$1,199 - $1,799
Total Monthly Price
$1,199 - $1,799
1 to 2 Bedroom Apartments Available Now

Terrace Place Apartments

400 N Terrace BlvdAngola, IN 46703
Furnished
  • Verified
  • Customer Reviewed
  • Utilities Included

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.

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Bluestone Community
Rent Specials
$1,450 - $1,700
Total Monthly Price

Total Monthly Price

Base Rent
$1,450 - $1,700
Total Monthly Price
$1,450 - $1,700
2 to 3 Bedroom Apartments Available Now

Bluestone Community

9250 Earlmont DrFort Wayne, IN 46835
Student Living
  • Verified
  • Utilities Included
  • Smoke Free
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Atz Place
1 to 2 Bedroom Apartments

Atz Place

301 E Wayne StKendallville, IN 46755
Senior Living
property at 340 N Wayne St

$750 - $800

1 Bedroom Rentals

Available Now

340 N Wayne St

WaterlooIN46793

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.

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Northcrest Apartments
Studio to 3 Bedroom Apartments

Northcrest Apartments

810 Regency CtAngola, IN 46703
  • Utilities Included
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Price Apartments
1 to 2 Bedroom Apartments

Price Apartments

40 Glenn AveQuincy, MI 49082
Corporate Housing

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.

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1030 Wayne St
2 Bedroom Apartments

1030 Wayne St

1030 Wayne StAngola, IN 46703
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Hamilton, IN Local Guide

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 ListingModel NameBed/BathPriced From
Drake Terrace III2 Bedroom2BR,1BA$741
Fountain Lake Apartment HomesTreviStudio,1BA$780
Wallen Hills ApartmentsIvywoodStudio,1BA$833
Autumn Hills II Apartments1 Bed, 1 bath1BR,1BA$875
Crosswait Estates ApartmentsTwo Bedroom2BR,1BA$919
West CommonsThe CoveStudio,1BA$999
Deerfield VillageOne Bedroom1BR,1BA$1,050
Nelson Estates Apartments2Bed_1Bath2BR,1BA$1,069
Griswold Estates ApartmentsTwo Bedroom One Bathroom2BR,1BA$1,109
Windsor OaksThe Cedar1BR,1BA$1,150

Best Value Apartments for Rent in Hamilton, IN and Nearby

As of April 30, 2026 the best value apartment in the Hamilton area is the $1.13 price per square foot Two Bedroom Model at Huntertown Apartments in the in the Outer Northside neighborhood starting from $1,695. The second greatest value Hamilton apartment is the Villa Model at Villas for Rent by Capital Property Management, LLC starting at $1,895 with a $1.30 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 ListingModel NameBed/BathPrice Per Sq.Ft.
Huntertown ApartmentsTwo Bedroom2BR,2.5BA$1.13
Villas for Rent by Capital Property Management, LLCVilla3BR,2.5BA$1.30
Evard Place - Solar Powered2 Bedroom 2 Bath2BR,2BA$1.25
Emerald Pointe (55+ Senior Community)Hawthorne2BR,1.5BA$1.16
Griswold Estates ApartmentsTwo Bedroom One Bathroom2BR,1BA$1.06
Windsor OaksThe Hickory2BR,1BA$1.28
Nelson Estates Apartments2Bed_1Bath2BR,1BA$1.11
Crosswait Estates ApartmentsTwo Bedroom2BR,1BA$0.96
Drake Terrace III2 Bedroom2BR,1BA$0.99
Autumn Hills II Apartments1 Bed, 1 bath1BR,1BA$1.35

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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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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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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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.

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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 Hamilton, IN Rentals by Map

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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 $872 at Fountain Lake Apartment Homes.

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 Deerfield Village and starts from $1,475.

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 Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts article

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.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

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.

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

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.

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.