Cheap Apartments for Rent in Lake Village, IN from $700 (35 Rentals)

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Search the lowest-cost Apartments available for rent right now in Lake Village.

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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Meadow Lane Apartments
1 to 2 Bedroom Apartments

Meadow Lane Apartments

2029 Meadow LnSchererville, IN 46375
  • Utilities Included
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Autumn Ridge
Studio to 3 Bedroom Apartments

Autumn Ridge

119 E Sycamore DrPark Forest, IL 60466
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West Harbor Place
2 to 3 Bedroom Apartments

West Harbor Place

703 W Harbor StKankakee, IL 60901

Navigating 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.

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409 S Maple St
2 Bedroom Apartments

409 S Maple St

409 S Maple StKouts, IN 46347
property at 29837 IL-50

29837 IL-50

PeotoneIL60468

Lake Village, IN Local Guide

Cheapest Available Lake Village Apartments for Rent and Nearby

 

The cheapest available apartment rental in Lake Village, IN is a Studio unit found at Crest Apartments in the Downtown Park Forest neighborhood priced from $750. Chelsea Garden in the Fairmeadow neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $900. Here is today’s list of the most affordable Lake Village apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Crest ApartmentsStudioStudio,1BA$750
Chelsea GardenStudio, 1 bathStudio,1BA$900
Birchwood ApartmentsOne Bedroom1BR,1BA$930
St James Senior ApartmentsOne Bedroom One Bath1BR,1BA$974
The Ridge ApartmentsFir1BR,1BA$975
Tiberon Trails ApartmentsOne Bedroom1BR,1BA$975
Meadowlane Apartments1BR/ 1BA1BR,1BA$985
2100 N Main St1 Bed 1 Bath1BR,1BA$1,125
Hidden CreekDanube Partial1BR,1BA$1,179
Sherwood Lake Apartments8501BR,1BA$1,185

Best Value Apartments for Rent in Lake Village, IN and Nearby

As of May 28, 2025 the best value apartment in the Lake Village area is the $1.43 price per square foot 3 Bedroom Model at Oakwood Townhomes in the in the Indian Hill neighborhood starting from $1,920. The second greatest value Lake Village apartment is the 2BR/ 1BA Model at Meadowlane Apartments starting at $1,120 with a $1.08 price per square foot in the Liverpool neighborhood. Here is today’s list of the best values for Lake Village apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Oakwood Townhomes3 Bedroom3BR,1BA$1.43
Meadowlane Apartments2BR/ 1BA2BR,1BA$1.08
Huntington Cove ApartmentsB22BR,2BA$1.46
Sherwood Lake Apartments9702BR,1BA$1.43
St James Senior ApartmentsOne Bedroom One Bath1BR,1BA$1.27
2100 N Main St1 Bed 1 Bath1BR,1BA$1.50
Fountain View Apartments1BR / 1BA1BR,1BA$1.67
Tiberon Trails ApartmentsOne Bedroom1BR,1BA$1.34
Birchwood ApartmentsOne Bedroom1BR,1BA$1.43
The Ridge ApartmentsFir1BR,1BA$1.50

Quick Rent Budget Calculator

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

Explore Lake Village, IN Rentals by Map

View MapLake Village, IN Apartments MapView MapLake Village, IN Rental Homes Map

Getting Around Lake Village, IN

Walk Score®

4 / 100

Car-Dependent

Almost all errands require a car

Bike Score®

26 / 100

Somewhat Bikeable

Minimal bike infrastructure

Frequently Asked Questions about Cheap Lake Village Apartments

How much is rent for a Cheap One Bedroom Lake Village Apartment?

The lowest price for a Cheap One Bedroom Lake Village Apartment is $825 at Crest Apartments.

What is the lowest price for a Cheap Two Bedroom Lake Village Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Lake Village is starting from $1,020 at Birchwood Apartments.

What is the most affordable Lake Village Three Bedroom Apartment?

The best deal on a cheap Lake Village Three Bedroom Apartment rental is at Tiberon Trails Apartments and starts from $1,385.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

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The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

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Navigating the Rental Market: Tips for First-Time Renters

Written by: Sandy Baker

Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.