Cheap Apartments for Rent in Lowell, IN from $500 (50 Rentals)

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

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.

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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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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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Meadow Lane Apartments
1 to 2 Bedroom Apartments

Meadow Lane Apartments

2029 Meadow LnSchererville, IN 46375
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10029 Kennedy Ave
1 to 2 Bedroom Apartments

10029 Kennedy Ave

10029 Kennedy AveHighland, IN 46322
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1905 Austin Ave
2 Bedroom Apartments

1905 Austin Ave

1905 Austin AveSchererville, IN 46375
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21746 Jeffrey
1 to 2 Bedroom Apartments

21746 Jeffrey

21746 S Jeffrey AveSauk Village, IL 60411

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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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.

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Lowell, IN Local Guide

Cheapest Available Lowell Apartments for Rent and Nearby

 

The cheapest available apartment rental in Lowell, IN is a Studio unit found at Crest Apartments in the University Park neighborhood priced from $800. 509 E Commercial Ave has the second lowest priced unit, which is a 1 Bed apartment currently listed from $925. Here is today’s list of the most affordable Lowell apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Crest ApartmentsStudioStudio,1BA$800
509 E Commercial Ave1 Beds, 1 Baths1BR,1BA$925
Birchwood ApartmentsOne Bedroom1BR,1BA$990
Linden Park ApartmentsStudio AStudio,1BA$1,050
2045-2151 Meadow Ln1 Bed/1 Bath1BR,1BA$1,075
The Ridge ApartmentsRedwood2BR,1BA$1,075
2100 N Main St1 Bed 1 Bath1BR,1BA$1,125
Crestview Apartments HomesD-1BR1BR,1BA$1,138
ST JAMES SENIOR APARTMENTS2 BED 1 BATH2BR,1BA$1,159
Harvest Grove Apartment Homes1BD-Small1BR,1BA$1,161

Best Value Apartments for Rent in Lowell, IN and Nearby

As of June 12, 2026 the best value apartment in the Lowell 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 Lowell apartment is the 2x1A Model at Farmer starting at $1,439 with a $1.50 price per square foot in the Fairmeadow neighborhood. Here is today’s list of the best values for Lowell apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Tiberon Trails2x1K2BR,2BA$1.31
Farmer2x1A2BR,1BA$1.50
ST JAMES SENIOR APARTMENTS2 BED 1 BATH2BR,1BA$1.25
The Ridge ApartmentsPoplar2BR,2BA$1.41
Sherwood Lake ApartmentsUPGRADED 1 BEDROOM1BR,1BA$1.59
509 E Commercial Ave1 Beds, 1 Baths1BR,1BA$1.28
2100 N Main St1 Bed 1 Bath1BR,1BA$1.50
2045-2151 Meadow Ln1 Bed/1 Bath1BR,1BA$1.54
Harvest Grove Apartment Homes1BD-Small1BR,1BA$1.66
Birchwood ApartmentsOne Bedroom1BR,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.

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Real 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.

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Lowell, IN

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

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Frequently Asked Questions about Cheap Lowell Apartments

How much is rent for a Cheap One Bedroom Lowell Apartment?

The lowest price for a Cheap One Bedroom Lowell Apartment is $925 at 509 E Commercial Ave.

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

Today's best deal for a Cheap Two Bedroom Apartment in Lowell is starting from $1,075 at The Ridge Apartments.

What is the most affordable Lowell Three Bedroom Apartment?

The best deal on a cheap Lowell Three Bedroom Apartment rental is at Linden Park Apartments and starts from $1,715.

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 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.

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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.

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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.

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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.