
Cheap Homes for Rent in Indian Island, WA from $1,700 (8 Rentals)
Search the lowest-cost Homes available for rent right now in Indian Island.


9727 18th Ave W

27201 102nd Ave NW

4778 Pinewood Cir
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.

1700 SW Mulberry Pl

927 NW Frigate St

1190 SE 9th Ave

26420 NE Pennsylvania Ave
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.
Indian Island, WA Local Guide

How much does it cost to rent a home in Indian Island?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Indian Island 2 Bedroom Homes for Rent | $2,287 | $1,750 | $3,200 |
| Indian Island 3 Bedroom Homes for Rent | $3,188 | $2,100 | $6,500 |
| Indian Island 4 Bedroom Homes for Rent | $3,825 | $3,375 | $4,200 |
| Indian Island 7 Bedroom Homes for Rent | $10,000 | $10,000 | $10,000+ |
Browse Top Homes for Rent in Indian Island
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Indian Island, WA Local Guide
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Cheapest Available Indian Island Apartments for Rent and Nearby
 The cheapest available apartment rental in Indian Island, WA is a 2 Beds unit found at Elk Creek Apartments priced from $1,255. Taylor Place & Elliott Lofts has the second lowest priced unit, which is a Studio apartment currently listed from $1,345. Here is today’s list of the most affordable Indian Island apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Elk Creek Apartments | Two Bedroom | 2BR,2BA | $1,255 |
| Taylor Place & Elliott Lofts | Studio, 1 bath | Studio,1BA | $1,345 |
| Shiloh Village | 1 Bed 1 Bath | 1BR,1BA | $1,450 |
Best Value Apartments for Rent in Indian Island, WA and Nearby
As of June 01, 2026 the best value apartment in the Indian Island area is the $2.05 price per square foot 3 Bedroom Model at Greens of Merrill Creek in the in the Boulevard Bluffs neighborhood starting from $2,273. The second greatest value Indian Island apartment is the 2BR/1.0BA Model at Horizon Square Apartment Homes starting at $1,675 with a $1.54 price per square foot in the Boulevard Bluffs neighborhood. Here is today’s list of the best values for Indian Island apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Greens of Merrill Creek | 3 Bedroom | 3BR,2BA | $2.05 |
| Horizon Square Apartment Homes | 2BR/1.0BA | 2BR,1BA | $1.54 |
| COURTYARD APTS-MUKILTEO | Two Bedroom and Two Bath | 2BR,2BA | $1.86 |
| Elk Creek Apartments | Two Bedroom | 2BR,2BA | $1.30 |
| Liberty Ridge | 2 Bedrooms 1 Bath | 2BR,1BA | $2.13 |
| On the Green at Harbour Pointe | The Links | 2BR,1BA | $2.20 |
| Hillsider 50 Apartments | 257 2X1 T | 2BR,1BA | $1.97 |
| Nova North | One Bedroom One Bath | 1BR,1BA | $2.02 |
| Olympic Park Apartments | 2107 | 2BR,1BA | $2.28 |
| The Winsley | 1X1MB | 1BR,1BA | $2.29 |
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!
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Frequently Asked Questions about Indian Island
What type of rentals are currently available in Indian Island?
There are currently 36 Apartments for Rent in Indian Island, WA with pricing that ranges from $991 to $4,929. There are also 31 Single Family Homes for rent, Condos, and Townhome rentals currently available in Indian Island ranging from $1,750 to $10,000.
What is the current price range for Rental Homes in Indian Island?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Indian Island ranges from $1,750 to $10,000 with an average monthly rent of $4,285.
How much are larger Three and Four Bedroom Rentals in Indian Island?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Indian Island range from $1,376 to $3,456, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,100 to $6,500. Four Bedroom Single-Family rentals are also available starting from $3,375 and Four Bedroom Apartments start at $2,225.
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

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.

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

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.

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.