Cheap Homes for Rent in Helmsburg, IN from $1,200 (15 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
By AmenitiesDone
By Community TypeDone
Done

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

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.

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.

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.

Helmsburg, IN Local Guide

Cheapest Available Helmsburg Apartments for Rent and Nearby

 

The cheapest available apartment rental in Helmsburg, IN is a Studio unit found at 60 On The Square: A place live and work. priced from $299. Kingston Manor in the Downtown Bloomington IN neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $675. Here is today’s list of the most affordable Helmsburg apartments for rent:

Apartment ListingModel NameBed/BathPriced From
60 On The Square: A place live and work.Private Office SuitesStudio,$299
Kingston ManorEfficiencyStudio,1BA$675
Vivo LivingVivo Living - Studios - AVAILABLE NOW Reduced r...Studio,1BA$699
Northcrest1 Bedroom1BR,1BA$700
CedargateOne Bed One Bath1BR,1BA$899

Best Value Apartments for Rent in Helmsburg, IN and Nearby

As of May 27, 2025 the best value apartment in the Helmsburg area is the $1.72 price per square foot Maplewood Model at Grove at Latimer in the in the Downtown Bloomington IN neighborhood starting from $2,325. The second greatest value Helmsburg apartment is the THIRD - The Knight - Bedroom A w/ Attached Bath... Model at THIRD starting at $650 with a $0.54 price per square foot . Here is today’s list of the best values for Helmsburg apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Grove at LatimerMaplewood3BR,3BA$1.72
THIRDTHIRD - The Knight - Bedroom A w/ Attached Bath...3BR,2BA$0.54
SummerHouseWylie1BR,1.5BA$1.62
Park on Morton2x2 Corner2BR,2BA$1.19
Big Red Apartments3 Bed - Upper3BR,1BA$1.67
Steeplechase ApartmentsThe Cheltenham2BR,2BA$1.70
Summit PointeThe Evergreen1BR,1BA$1.25
The Crossing at Pete Ellis1 Bedroom1BR,1BA$1.25
Fountain ParkThe Poplar1BR,1BA$1.68
Kingston ManorEfficiencyStudio ,1BA$1.44

Quick 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.

decorative image of people with a giant lease agreement

Frequently Asked Questions about Helmsburg

What type of rentals are currently available in Helmsburg?

There are currently 48 Apartments for Rent in Helmsburg, IN with pricing that ranges from $299 to $5,000. There are also 37 Single Family Homes for rent, Condos, and Townhome rentals currently available in Helmsburg ranging from $1,235 to $4,750.

What is the current price range for Rental Homes in Helmsburg?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Helmsburg ranges from $1,235 to $4,750 with an average monthly rent of $2,511.

How much are larger Three and Four Bedroom Rentals in Helmsburg?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Helmsburg range from $890 to $3,750, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,500 to $3,000. Four Bedroom Single-Family rentals are also available starting from $1,750 and Four Bedroom Apartments start at $826.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

decorative image for The Art of the Rental Viewing: What to look for during a property tour article

The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

decorative image for Know Your Budget: Calculating What You Can Realistically Afford When Renting article

Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

decorative image for The Freedom of Short-Term Leases: Exploring the Advantages for Renters article

The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

decorative image for Navigating the Rental Market: Tips for First-Time Renters article

Navigating the Rental Market: Tips for First-Time Renters

Written by: Sandy Baker

Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.