Cheap Apartments for Rent in Lake Village, IN from $800 (42 Rentals)

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

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.

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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.

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Autumn Ridge
Studio to 3 Bedroom Apartments

Autumn Ridge

119 E Sycamore DrPark Forest, IL 60466

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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West Harbor Place
2 to 3 Bedroom Apartments

West Harbor Place

703 W Harbor StKankakee, IL 60901
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Meadow Lane Apartments
1 to 2 Bedroom Apartments

Meadow Lane Apartments

2029 Meadow LnSchererville, IN 46375
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409 S Maple St
2 Bedroom Apartments

409 S Maple St

409 S Maple StKouts, IN 46347

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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Central Park
1 to 3 Bedroom Apartments

Central Park

11 Fir StPark Forest, IL 60466
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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 University Park neighborhood priced from $800. St James Senior Apartments in the University Park neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $811. Here is today’s list of the most affordable Lake Village apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Crest ApartmentsStudioStudio,1BA$800
St James Senior ApartmentsOne Bedroom One Bath1BR,1BA$811
Madison Cottage of Rensselaer1x11BR,1BA$879
Tiberon TrailsStudio CStudio,1BA$919
Birchwood ApartmentsOne Bedroom1BR,1BA$930
The Ridge ApartmentsFir1BR,1BA$975
Linden Park ApartmentsStudio AStudio,1BA$1,000
Meadowlane Apartments2BR/ 1BA2BR,1BA$1,120
Harvest Grove Apartment Homes1BD-Small1BR,1BA$1,122
2100 N Main St1 Bed 1 Bath1BR,1BA$1,125

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

As of December 24, 2025 the best value apartment in the Lake Village area is the $1.19 price per square foot 2 Bedroom 1 Bath Townhouse Model at Central Park in the in the Lincoln Station neighborhood starting from $1,579. 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.
Central Park2 Bedroom 1 Bath Townhouse2BR,1BA$1.19
Meadowlane Apartments2BR/ 1BA2BR,1BA$1.08
Fountain View Apartments2BR / 1BA2BR,1BA$1.31
Westbridge Apartments2 Bed 2 Bath Renovated2BR,2BA$1.57
St James Senior ApartmentsTwo Bedroom One Bath2BR,1BA$1.25
1905 Austin Ave2 Bed 1 Bath2BR,1BA$1.46
2100 N Main St1 Bed 1 Bath1BR,1BA$1.32
Madison Cottage of Rensselaer1x11BR,1BA$1.03
The Ridge ApartmentsFir1BR,1BA$1.50
Birchwood ApartmentsOne Bedroom1BR,1BA$1.43

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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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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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.

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Quick 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.

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

Explore Lake Village, IN Rentals by Map

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See the most popular apartments and homes in Lake Village, IN

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Frequently Asked Questions about Cheap Lake Village Apartments

What is the Cheapest Studio apartment in Lake Village?

Currently the most affordable Cheap Studio Apartment in Lake Village is at Crest Apartments listed at $800.

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

The lowest price for a Cheap One Bedroom Lake Village Apartment is $811 at St James Senior 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 Madison Cottage of Rensselaer and starts from $1,215.

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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How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips

Written by: Justin Habersaat

Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate!