
Cheap Homes for Rent in Hamilton, IN from $700 (8 Rentals)
Search the lowest-cost Homes available for rent right now in Hamilton.


221 S Ivy Ln

340 N Wayne St

207 Autumn Hls Dr
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.

302 S Walsh St

441 Freeman St

304 S Guilford St

14780 Lickley Rd
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.
Hamilton, IN Local Guide

How much does it cost to rent a home in Hamilton?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Hamilton 2 Bedroom Homes for Rent | $1,916 | $950 | $2,530 |
| Hamilton 3 Bedroom Homes for Rent | $1,747 | $250 | $2,895 |
| Hamilton 4 Bedroom Homes for Rent | $2,557 | $1,700 | $4,000 |
Browse Top Homes for Rent in Hamilton
Explore Hamilton
Hamilton, IN Local Guide
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Cheapest Neighborhoods for Apartments in Hamilton, IN
Pricing Updated: 07/12/2026Current apartment rentals in the Hamilton, IN area range in price from to with an overall median price of . Here is today’s list neighborhoods with the lowest median pricing for Hamilton Apartments for rent:
| Neighborhood | Median Price | Min Price | Available Units |
|---|---|---|---|
| Rolling Hills Estates | $1,050 | $250 | 2 |
Cheapest Available Hamilton Apartments for Rent and Nearby
 The cheapest available apartment rental in Hamilton, IN is a 2 Beds unit found at Fountain Creek Senior Villas priced from $592. Drake Terrace III has the second lowest priced unit, which is a 2 Beds apartment currently listed from $741. Here is today’s list of the most affordable Hamilton apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Fountain Creek Senior Villas | 2 Beds, 1 bath | 2BR,1BA | $592 |
| Drake Terrace III | 2 Bedroom | 2BR,1BA | $741 |
| Autumn Hills II Apartments | 1 Bedroom | 2BR,1BA | $875 |
Best Value Apartments for Rent in Hamilton, IN and Nearby
As of July 12, 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 Two Bedroom Model at Huntertown Apartments starting at $1,695 with a $1.13 price per square foot in the Outer Northside 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 |
| Huntertown Apartments | Two Bedroom | 2BR,2.5BA | $1.13 |
| Reserve at Dawson's Creek | The Goldenrod - Premium | 3BR,2BA | $1.17 |
| Emerald Pointe (55+ Senior Community) | Hawthorne | 2BR,1.5BA | $1.16 |
| Griswold Estates Apartments | Two Bedroom One Bathroom | 2BR,1BA | $1.08 |
| Fountain Lake Apartment Homes | Buckingham | 2BR,1.5BA | $1.03 |
| Nelson Estates Apartments | 2Bed_1Bath | 2BR,1BA | $1.12 |
| Crosswait Estates Apartments | Two Bedroom | 2BR,1BA | $0.96 |
| Fountain Creek Senior Villas | 2 Beds, 1 bath | 2BR,1BA | $0.64 |
| 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 Hamilton
What type of rentals are currently available in Hamilton?
There are currently 47 Apartments for Rent in Hamilton, IN with pricing that ranges from $592 to $2,839. There are also 31 Single Family Homes for rent, Condos, and Townhome rentals currently available in Hamilton ranging from $250 to $4,000.
What is the current price range for Rental Homes in Hamilton?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Hamilton ranges from $250 to $4,000 with an average monthly rent of $1,733.
How much are larger Three and Four Bedroom Rentals in Hamilton?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Hamilton range from $776 to $2,500, while Three Bedroom Homes, Condos, and Townhomes for rent range from $250 to $2,895. Four Bedroom Single-Family rentals are also available starting from $1,700 and Four Bedroom Apartments start at $2,599.
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

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.

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.

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.