
Cheap Apartments for Rent in Knightstown, IN from $400 (53 Rentals)
Search the lowest-cost Apartments available for rent right now in Knightstown.


STONE RUN VILLAS

Knightstown Villas

The Towers at Southdale Affordable Senior

LINCOLN PARK APARTMENTS

Reflections I

Bay Terrace Apartments

Beckford Place

Grand Avenue Commons

Harter House
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.

Longfellow Plaza Affordable Senior Community

Jamestown Village

LILA

Stonecrest Apartments

Knoll Ridge Townhomes

Cedar Ridge Townhomes

Water Dance Apartments

Villages on Madison Apartments

Cimarron Place

Applecreek
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.

SPICELAND VILLAS

Gateway Crossing Apartments

Preserve on Blue Road Apartments

Greenfield Knoll Apartments

Total Monthly Price
Four Winds Apartments

Greenfield Crossing

RUSHVILLE VILLAS

Washington Village Apartments

Grace Lane Apartments

Total Monthly Price
BroadAcre Apartments of McCordsville
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.

Iron Trail at the Hub

Jefferson Place Apartments

316 Glenwood Dr

702 W 23rd St

The Crossings

1402 Alabama St

2142 W US Hwy 40

216 Progress Rd

Serenity

4881 300W
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.

Hoosier Woods

Martin Estates Apartments

3006 Noble St

Sugar Creek Apartments

1820 Pearl St

27 Crestwood Dr

3021 Delaware St

4025 Brown St

415 E 35th St

2462 Main St
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.
Knightstown, IN Local Guide

How much does it cost to rent an apartment in Knightstown?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Knightstown Studio Apartments | $672 | $481 | $855 |
| Knightstown 1 Bedroom Apartments | $1,247 | $250 | $1,794 |
| Knightstown 2 Bedroom Apartments | $1,526 | $780 | $2,270 |
| Knightstown 3 Bedroom Apartments | $1,855 | $1,115 | $2,966 |
| Knightstown 4 Bedroom Apartments | $2,368 | $1,600 | $2,854 |
Browse Top Apartments in Knightstown
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Knightstown, IN Local Guide
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Cheapest Available Knightstown Apartments for Rent and Nearby
 The cheapest available apartment rental in Knightstown, IN is a 1 Bed unit found at The Towers at Southdale Affordable Senior priced from $250. The Crossings has the second lowest priced unit, which is a Studio apartment currently listed from $610. Here is today’s list of the most affordable Knightstown apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Towers at Southdale Affordable Senior | 1 Bed/ 1 Bath | 1BR,1BA | $250 |
| The Crossings | Studio | Studio,1BA | $610 |
| LINCOLN PARK APARTMENTS | Studio | Studio,1BA | $645 |
| Academy Place Apartments | 1 BR 1 Bath | 1BR,1BA | $675 |
| Grand Avenue Commons | 1 Bed, 1 bath | 1BR,1BA | $729 |
| Longfellow Plaza Affordable Senior Community | Studio | Studio,1BA | $790 |
| Stonecrest Apartments | 1 bedroom 1 bath #3 | 1BR,1BA | $840 |
| Knoll Ridge Townhomes | 1 Bed, 1 Bath | 1BR,1BA | $850 |
| Cedar Ridge Townhomes | The Hickory | 1BR,1BA | $869 |
| Jamestown Village | B1 James Madison | 2BR,1BA | $899 |
Best Value Apartments for Rent in Knightstown, IN and Nearby
As of June 17, 2026 the best value apartment in the Knightstown area is the $0.89 price per square foot Prime FHB Model at Golden Pebble Estates in the starting from $1,399. The second greatest value Knightstown apartment is the 2x1.5 R Model at Villages on Madison Apartments starting at $1,130 with a $1.04 price per square foot . Here is today’s list of the best values for Knightstown apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Golden Pebble Estates | Prime FHB | 3BR,2BA | $0.89 |
| Villages on Madison Apartments | 2x1.5 R | 2BR,1.5BA | $1.04 |
| Knightstown Villas | 3 Bed 2 Bath | 3BR,2BA | $1.12 |
| Martin Estates Apartments | Two Bedroom One Bath | 2BR,1BA | $1.04 |
| Hoosier Woods | 2X2 60% | 2BR,2BA | $1.13 |
| Jamestown Village | B2 George Washington | 2BR,1.5BA | $1.25 |
| Academy Place Apartments | 1 BR 1 Bath | 1BR,1BA | $0.79 |
| LINCOLN PARK APARTMENTS | Studio | Studio ,1BA | $0.81 |
| Grand Avenue Commons | 1 Bed, 1 bath | 1BR,1BA | $1.04 |
| The Towers at Southdale Affordable Senior | 1 Bed/ 1 Bath | 1BR,1BA | $0.45 |
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.
Best Local Schools in Knightstown, IN
Knightstown Elementary School
Knightstown Intermediate School
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Knightstown, IN Rentals by Map
See the most popular apartments and homes in Knightstown, IN
Frequently Asked Questions about Cheap Knightstown Apartments
How much is rent for a Cheap One Bedroom Knightstown Apartment?
The lowest price for a Cheap One Bedroom Knightstown Apartment is $250 at The Towers at Southdale Affordable Senior.
What is the lowest price for a Cheap Two Bedroom Knightstown Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Knightstown is starting from $824 at Grand Avenue Commons.
What is the most affordable Knightstown Three Bedroom Apartment?
The best deal on a cheap Knightstown Three Bedroom Apartment rental is at Hoosier Woods and starts from $1,008.
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.