
Cheap Apartments for Rent near Lamar, IN from $600 (39 Rentals)
Search the lowest-cost Apartments available for rent right now in Lamar.


Meadowood

Legion Park & Heartwood Court Apartments

Ambassador Villas

Keystone Apartments

Devonshire Gardens I & II

Abbey Court Apartments

The Timbers Apartments

Park Place Apartments - 55+ Community
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.

Kingston Square Apartments

Pavilion Lakes Apartments

Royal Arms of Owensboro

Kimber Green Apartments

River Club

Sugar Mill Creek

Indian Woods

Ashley Pointe

Total Monthly Price
Brushwood Apartments
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
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The Westcott

Brooklyn Place

Beaver Creek Apartments

The Reserve Apartments and Townhomes

Shannon Glenn

Fairmont Apartments

SPRING VALLEY FLATS

Roosevelt House I & II Senior Community

542 1/2 13th St
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

920 Sycamore St

5054 IN-56

Eastland Apartments

Naveen Pine Apartments

758 E County Rd 750 N

100 Orchard Hill Dr

Andrea Court North

Legacy Commons

439 7th 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.

4152 Bell Rd

115 White Pine Dr

RNA RENTAL
Lamar, IN Local Guide

How much does it cost to rent an apartment in Lamar?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Lamar Studio Apartments | $844 | $600 | $1,200 |
| Lamar 1 Bedroom Apartments | $1,071 | $700 | $2,544 |
| Lamar 2 Bedroom Apartments | $1,372 | $845 | $4,449 |
| Lamar 3 Bedroom Apartments | $1,754 | $1,315 | $2,299 |
| Lamar 4 Bedroom Apartments | $1,849 | $1,849 | $1,849 |
Browse Top Apartments in Lamar
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Lamar, IN Local Guide
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Cheapest Available Lamar Apartments for Rent and Nearby
 The cheapest available apartment rental in Lamar, IN is a 1 Bed unit found at SPRING VALLEY FLATS in the Oakhill neighborhood priced from $599. Shannon Glenn in the Lant Manor neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $710. Here is today’s list of the most affordable Lamar apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| SPRING VALLEY FLATS | The Redbud | 1BR,1BA | $599 |
| Shannon Glenn | McConnell | 2BR,1BA | $710 |
| Meadowood | Studio Reno | Studio,1BA | $720 |
| Ambassador Villas | Ambassador 1 BD | 1BR,1BA | $750 |
| Devonshire Gardens I & II | II 1 Bed 1 Bath A | 1BR,1BA | $785 |
| Abbey Court Apartments | Cambridge | 1BR,1BA | $799 |
| The Timbers Apartments | The Oak 1 BR 1 BA | 1BR,1BA | $801 |
| Pavilion Lakes Apartments | The Michigan | 1BR,1BA | $849 |
| Kimber Green Apartments | The Maple (Down) | 1BR,1BA | $899 |
| Legion Park & Heartwood Court Apartments | Heartwood | 2BR,1BA | $925 |
Best Value Apartments for Rent in Lamar, IN and Nearby
As of September 08, 2026 the best value apartment in the Lamar area is the $0.95 price per square foot 3 Bedroom 2 Bath Model at Royal Arms of Owensboro in the starting from $1,330. The second greatest value Lamar apartment is the 3 Bed, 2 Bath Model at The Westcott starting at $1,499 with a $1.15 price per square foot in the Lant Manor neighborhood. Here is today’s list of the best values for Lamar apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Royal Arms of Owensboro | 3 Bedroom 2 Bath | 3BR,2BA | $0.95 |
| The Westcott | 3 Bed, 2 Bath | 3BR,2BA | $1.15 |
| River Club | Delaware - Renovated | 2BR,1BA | $1.16 |
| Pavilion Lakes Apartments | The Monroe | 2BR,1.5BA | $1.20 |
| Indian Woods | The Oak | 2BR,1BA | $1.00 |
| Andrea Court North | Andrea Court North | 2BR,1BA | $1.08 |
| Shannon Glenn | Killarney | 2BR,1.5BA | $1.28 |
| Kimber Green Apartments | The Maple (Down) | 1BR,1BA | $1.15 |
| Abbey Court Apartments | Cambridge | 1BR,1BA | $1.08 |
| Ambassador Villas | Ambassador 1 BD | 1BR,1BA | $1.07 |
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 ArticleNavigating 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.
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!
Explore Lamar, IN Rentals by Map
See the most popular apartments and homes in Lamar, IN
Frequently Asked Questions about Cheap Lamar Apartments
How much is rent for a Cheap One Bedroom Lamar Apartment?
The lowest price for a Cheap One Bedroom Lamar Apartment is $599 at SPRING VALLEY FLATS.
What is the lowest price for a Cheap Two Bedroom Lamar Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Lamar is starting from $710 at Shannon Glenn.
What is the most affordable Lamar Three Bedroom Apartment?
The best deal on a cheap Lamar Three Bedroom Apartment rental is at Royal Arms of Owensboro and starts from $1,330.
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.

Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
Written by: Robin Stewart
Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.