
Cheap Homes for Rent near Lake Village, IN from $1,000 (6 Rentals)
Search the lowest-cost Homes available for rent right now in Lake Village.


111 Harrington Ave

101 Grant St
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

2402 W 78th Ave

18 S 574 W

342 Tedmark Ct
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.
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 | $1,508 | $1,150 | $2,195 |
| Lake Village 3 Bedroom Homes for Rent | $2,263 | $1,649 | $4,500 |
| Lake Village 4 Bedroom Homes for Rent | $2,868 | $2,200 | $3,500 |
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 in the Jasper County neighborhood 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 July 22, 2026 the best value apartment in the Lake Village area is the $1.14 price per square foot 2BR Model at Meadow Lane Apartments in the in the Liverpool neighborhood starting from $1,180. 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. |
|---|---|---|---|
| Meadow Lane Apartments | 2BR | 2BR,1BA | $1.14 |
| ST JAMES SENIOR APARTMENTS | 2 BED 1 BATH | 2BR,1BA | $1.25 |
| Harvest Ridge Apartment Homes | 2X1 | 2BR,1BA | $1.50 |
| Tiberon Trails | 2x1E | 2BR,1BA | $1.55 |
| Sherwood Lake Apartments | UPGRADED 1 BEDROOM | 1BR,1BA | $1.62 |
| Madison Cottage of Rensselaer | 1x1 | 1BR,1BA | $1.14 |
| Huntington Cove Apartments | A2E | 1BR,1BA | $1.62 |
| 2100 N Main St | 1 Bed 1 Bath | 1BR,1BA | $1.50 |
| 2045-2151 Meadow Ln | 1 Bed/1 Bath | 1BR,1BA | $1.57 |
| 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.
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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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See the most popular apartments and homes in Lake Village, IN
Frequently Asked Questions about Lake Village
What type of rentals are currently available in Lake Village?
There are currently 46 Apartments for Rent in Lake Village, IN with pricing that ranges from $553 to $3,408. There are also 30 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lake Village ranging from $1,000 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 $1,000 to $4,500 with an average monthly rent of $1,909.
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 $3,372, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,649 to $4,500. Four Bedroom Single-Family rentals are also available starting from $2,200 and Four Bedroom Apartments start at $3,308.
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

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

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.