Cheap Homes for Rent in La Paz, IN from $700 (11 Rentals)

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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.

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.

La Paz, IN Local Guide

Cheapest Available La Paz Apartments for Rent and Nearby

 

The cheapest available apartment rental in La Paz, IN is a 2 Beds unit found at Robertson's Senior Apartments in the Keller Park neighborhood priced from $750. The Jefferson Apartments in the Bercliff Estates neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $905. Here is today’s list of the most affordable La Paz apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Robertson's Senior Apartments2 Bedroom2BR,1BA$750
The Jefferson ApartmentsThe Standard Pennsylvania1BR,1BA$905
Irish Hills ApartmentsClassic One Bedroom1BR,1BA$949
Historic Carroll Street ApartmentsStudioStudio,1BA$950
Mallard and HI-TEC Apartments1 Bed, 1 bath1BR,1BA$965

Best Value Apartments for Rent in La Paz, IN and Nearby

As of May 23, 2026 the best value apartment in the La Paz area is the $1.32 price per square foot The Manor Model at The Residences at Belleville Park I and II in the in the Rum Village neighborhood starting from $1,800. The second greatest value La Paz apartment is the 2 Beds, 2 baths Model at Lakeview Apartments starting at $1,390 with a $1.53 price per square foot in the Southside South Bend neighborhood. Here is today’s list of the best values for La Paz apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The Residences at Belleville Park I and IIThe Manor4BR,2BA$1.32
Lakeview Apartments2 Beds, 2 baths2BR,2BA$1.53
Robertson's Senior Apartments2 Bedroom2BR,1BA$0.85
The 87 - Historical Access2BR/2BA - B22BR,2BA$1.54
Irish Row2X22BR,2BA$1.09
Central High & Stephenson Mills ApartmentsB2BR,1BA$1.57
Autumn Lakes Apartments and TownhomesOne Bedroom Traditional1BR,1BA$1.53
Irish Hills ApartmentsStandard Two Bedroom2BR,1BA$1.60
The Jefferson ApartmentsThe Signature Providence1BR,1BA$1.60
Riverwalk Commons- Student HousingThree Bedroom1BR,1BA$1.04

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.

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Real 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.

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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.

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

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Frequently Asked Questions about La Paz

What type of rentals are currently available in La Paz?

There are currently 39 Apartments for Rent in La Paz, IN with pricing that ranges from $679 to $3,112. There are also 37 Single Family Homes for rent, Condos, and Townhome rentals currently available in La Paz ranging from $775 to $4,500.

What is the current price range for Rental Homes in La Paz?

Today's rental pricing for Homes for Rent, Condos and Townhomes in La Paz ranges from $775 to $4,500 with an average monthly rent of $1,498.

How much are larger Three and Four Bedroom Rentals in La Paz?

For those who are looking for larger living arrangements, Three Bedroom Apartments in La Paz range from $790 to $2,715, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,150 to $1,600. Four Bedroom Single-Family rentals are also available starting from $1,345 and Four Bedroom Apartments start at $949.

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

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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.

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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.

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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.

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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.