
Cheap Apartments for Rent in Knightstown, IN from $479 (48 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

Grand Avenue Commons

Longfellow Plaza Affordable Senior Community
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

Villages on Madison Apartments

Knoll Ridge Townhomes

Cedar Ridge Townhomes

Hoosier Woods

Water Dance Apartments

Jamestown Village

Cimarron Place

Applecreek

Greenfield Village
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

Stonecrest Apartments

SPICELAND VILLAS

Total Monthly Price
Four Winds Apartments

Preserve on Blue Road Apartments

Gateway Crossing Apartments

Washington Village Apartments

Greenfield Knoll Apartments

Iron Trail at the Hub

Greenfield Crossing
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.

RUSHVILLE VILLAS

Grace Lane Apartments

The Crossings

Harter House

Serenity

2142 W US Hwy 40

113 W 5th St

570 US-52

420 W 25th St
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.

Martin Estates Apartments

1 Lavina Ln

Crestwood MHC

3411 Burton Pl

2120 Spring St

906 W South St

27 Crestwood Dr

415 E 35th St

3021 Delaware St
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.

Sugar Creek Apartments

18 Hough St

550 Wood St
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 | $591 | $482 | $790 |
| Knightstown 1 Bedroom Apartments | $1,218 | $250 | $1,696 |
| Knightstown 2 Bedroom Apartments | $1,477 | $780 | $2,423 |
| Knightstown 3 Bedroom Apartments | $1,734 | $1,008 | $3,436 |
| Knightstown 4 Bedroom Apartments | $1,473 | $1,194 | $1,600 |
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 in the Anderson neighborhood 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 |
| Grand Avenue Commons | 1 Bed, 1 bath | 1BR,1BA | $729 |
| Longfellow Plaza Affordable Senior Community | Studio | Studio,1BA | $790 |
| Knoll Ridge Townhomes | 1 Bed, 1 Bath | 1BR,1BA | $850 |
| Cedar Ridge Townhomes | The Birch | 1BR,1BA | $859 |
| Hoosier Woods | 1X1 60% | 1BR,1BA | $886 |
| Jamestown Village | A1 Ulysses Grant | 1BR,1BA | $891 |
| Harter House | Sofia | 1BR,1BA | $895 |
Best Value Apartments for Rent in Knightstown, IN and Nearby
As of September 16, 2026 the best value apartment in the Knightstown area is the $1.28 price per square foot 4 Bed, 1.5 bath Townhome Model at Knoll Ridge Townhomes in the in the Southeast Indianapolis neighborhood starting from $1,600. The second greatest value Knightstown apartment is the (7182B1) 2x1 Model at Summerlake Meadows starting at $1,629 with a $1.31 price per square foot in the Barrington Estates neighborhood. 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. |
|---|---|---|---|
| Knoll Ridge Townhomes | 4 Bed, 1.5 bath Townhome | 4BR,1.5BA | $1.28 |
| Summerlake Meadows | (7182B1) 2x1 | 2BR,1BA | $1.31 |
| Knightstown Villas | 3 Bed 2 Bath | 3BR,2BA | $1.12 |
| Martin Estates Apartments | Two Bedroom One Bath | 2BR,1BA | $1.04 |
| Villages on Madison Apartments | 2x1 R-Prem | 2BR,1BA | $1.29 |
| Water Dance Apartments | 2BR/1BA | 2BR,1BA | $1.27 |
| LINCOLN PARK APARTMENTS | Studio | Studio ,1BA | $0.81 |
| Hoosier Woods | 1X1 60% | 1BR,1BA | $1.20 |
| 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 ArticleNavigating 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.
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 $829 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

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
Written by: Robin Stewart
Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.