
Cheap Homes for Rent in Lake Village, IN from $900 (5 Rentals)
Search the lowest-cost Homes available for rent right now in Lake Village.


105-105 W McAlpin 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.

18 S 574 W

342 Tedmark Ct
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.

514 E Dahlgren St
Lake Village, IN Local Guide

How much does it cost to rent a home in Lake Village?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Lake Village 2 Bedroom Homes for Rent | $1,552 | $1,295 | $1,850 |
| Lake Village 3 Bedroom Homes for Rent | $2,410 | $1,495 | $4,500 |
| Lake Village 4 Bedroom Homes for Rent | $2,831 | $2,450 | $3,600 |
| Lake Village 5 Bedroom Homes for Rent | $3,950 | $3,950 | $3,950 |
Browse Top Homes for Rent in Lake Village
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Lake Village, IN Local Guide
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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. Madison Cottage of Rensselaer has the second lowest priced unit, which is a 1 Bed apartment currently listed from $970. Here is today’s list of the most affordable Lake Village apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Crest Apartments | Studio | Studio,1BA | $800 |
| Madison Cottage of Rensselaer | 1x1 | 1BR,1BA | $970 |
| Birchwood Apartments | One Bedroom | 1BR,1BA | $990 |
Best Value Apartments for Rent in Lake Village, IN and Nearby
As of June 06, 2026 the best value apartment in the Lake Village area is the $1.31 price per square foot 2x1K Model at Tiberon Trails in the in the Liverpool neighborhood starting from $1,369. The second greatest value Lake Village apartment is the 2 BED 1 BATH Model at ST JAMES SENIOR APARTMENTS starting at $1,159 with a $1.25 price per square foot in the University Park neighborhood. Here is today’s list of the best values for Lake Village apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Tiberon Trails | 2x1K | 2BR,2BA | $1.31 |
| ST JAMES SENIOR APARTMENTS | 2 BED 1 BATH | 2BR,1BA | $1.25 |
| Whitcomb Terrace Apartments | Hartford Open | 2BR,1BA | $1.47 |
| The Ridge Apartments | Poplar | 2BR,2BA | $1.41 |
| Madison Cottage of Rensselaer | 1x1 | 1BR,1BA | $1.14 |
| Hidden Creek | Flaxon Partial | 2BR,1BA | $1.58 |
| Sherwood Lake Apartments | UPGRADED 1 BEDROOM | 1BR,1BA | $1.59 |
| 2100 N Main St | 1 Bed 1 Bath | 1BR,1BA | $1.50 |
| 2045-2151 Meadow Ln | 1 Bed/1 Bath | 1BR,1BA | $1.54 |
| Birchwood Apartments | One Bedroom | 1BR,1BA | $1.52 |
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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
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Frequently Asked Questions about Lake Village
What type of rentals are currently available in Lake Village?
There are currently 45 Apartments for Rent in Lake Village, IN with pricing that ranges from $553 to $3,358. There are also 35 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lake Village ranging from $995 to $4,500.
What is the current price range for Rental Homes in Lake Village?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Lake Village ranges from $995 to $4,500 with an average monthly rent of $2,347.
How much are larger Three and Four Bedroom Rentals in Lake Village?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Lake Village range from $1,367 to $3,272, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,495 to $4,500. Four Bedroom Single-Family rentals are also available starting from $2,450 and Four Bedroom Apartments start at $3,358.
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

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.

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.