
Cheap Homes for Rent in Knightstown, IN from $400 (14 Rentals)
Search the lowest-cost Homes available for rent right now in Knightstown.


702 W 23rd St

1402 Alabama St

2142 W US Hwy 40

216 Progress Rd

4881 300W

22 Wilson 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.

1820 Pearl St

27 Crestwood Dr

415 E 35th St

4025 Brown St

2626 Main St

2462 Main St

1318 E 28th 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.
Knightstown, IN Local Guide

How much does it cost to rent a home in Knightstown?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Knightstown 2 Bedroom Homes for Rent | $1,124 | $695 | $2,000 |
| Knightstown 3 Bedroom Homes for Rent | $1,625 | $445 | $2,500 |
| Knightstown 4 Bedroom Homes for Rent | $2,245 | $2,245 | $2,245 |
| Knightstown 5 Bedroom Homes for Rent | $3,050 | $3,050 | $3,050 |
Browse Top Homes for Rent in Knightstown
Explore Knightstown
Knightstown, IN Local Guide
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
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 |
Best Value Apartments for Rent in Knightstown, IN and Nearby
As of June 14, 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 3 BED 2 BATH Model at STONE RUN VILLAS starting at $1,165 with a $1.10 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 |
| STONE RUN VILLAS | 3 BED 2 BATH | 3BR,2BA | $1.10 |
| 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 |
| Villages on Madison Apartments | 2x1 R-Prem | 2BR,1BA | $1.17 |
| 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 Knightstown
What type of rentals are currently available in Knightstown?
There are currently 51 Apartments for Rent in Knightstown, IN with pricing that ranges from $250 to $2,930. There are also 37 Single Family Homes for rent, Condos, and Townhome rentals currently available in Knightstown ranging from $445 to $3,050.
What is the current price range for Rental Homes in Knightstown?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Knightstown ranges from $445 to $3,050 with an average monthly rent of $1,694.
How much are larger Three and Four Bedroom Rentals in Knightstown?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Knightstown range from $1,115 to $2,930, while Three Bedroom Homes, Condos, and Townhomes for rent range from $445 to $2,500. Four Bedroom Single-Family rentals are also available starting from $2,245 and Four Bedroom Apartments start at $1,600.
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.