
Cheap Apartments for Rent in Lucerne, IN from $400 (26 Rentals)
Search the lowest-cost Apartments available for rent right now in Lucerne.


MAPLE CREST

Northpointe/Lakepointe Apartment Homes

Turtle Creek Kokomo

Welcome to Somerset 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.

MILLSTONE APARTMENTS

First Flats

Pine Manor Apartments
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
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The Macy Apartments

Kingston Green Apartments

CLEAR CREEK APARTMENTS

Georgetown Apartments

JEFFERSON CROSSING
Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
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59 W Riverside Dr

110 1/2 E Jefferson St
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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.

2324 N Buckeye St
Lucerne, IN Local Guide

How much does it cost to rent an apartment in Lucerne?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Lucerne Studio Apartments | $778 | $659 | $1,117 |
| Lucerne 1 Bedroom Apartments | $877 | $578 | $1,287 |
| Lucerne 2 Bedroom Apartments | $1,060 | $498 | $2,450 |
| Lucerne 3 Bedroom Apartments | $1,278 | $628 | $2,000 |
| Lucerne 4 Bedroom Apartments | $527 | $505 | $550 |
Browse Top Apartments in Lucerne
See all Apartments in LucerneExplore Lucerne
Lucerne, IN Local Guide
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Cheapest Available Lucerne Apartments for Rent and Nearby
 The cheapest available apartment rental in Lucerne, IN is a 1 Bed unit found at Pechewa Place priced from $599. The Annex of Kokomo has the second lowest priced unit, which is a 3 Beds apartment currently listed from $628. Here is today’s list of the most affordable Lucerne apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Pechewa Place | Upstairs 1 Bedroom | 1BR,1BA | $599 |
| The Annex of Kokomo | 3 bed 3 Bath | 3BR,3BA | $628 |
| Turtle Creek Kokomo | Spring | Studio,1BA | $685 |
| Walnut Manor | STUDIO | Studio,1BA | $725 |
| The Macy Apartments | Studio Unfurnished/Furnished | Studio,1BA | $750 |
| MILLSTONE APARTMENTS | 1 bedroom | 1BR,1BA | $750 |
| Woods Edge | The Boilermaker | 1BR,1BA | $750 |
| Kingston Green Apartments | 1 BEDROOM G | 1BR,1BA | $760 |
| Georgetown Apartments | 2BR/1.0BA | 2BR,1BA | $775 |
| 410 - WINDING BROOK APARTMENTS | 1 Bedroom - 2nd Floor | 1BR,1BA | $829 |
Best Value Apartments for Rent in Lucerne, IN and Nearby
As of December 13, 2025 the best value apartment in the Lucerne area is the $0.88 price per square foot 3 Bed 2 Bath Model at Union at Washington in the starting from $1,017. The second greatest value Lucerne apartment is the L- 2x1 Model at Northpointe/Lakepointe Apartment Homes starting at $989 with a $1.04 price per square foot . Here is today’s list of the best values for Lucerne apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Union at Washington | 3 Bed 2 Bath | 3BR,2BA | $0.88 |
| Northpointe/Lakepointe Apartment Homes | L- 2x1 | 2BR,1BA | $1.04 |
| Brentwood Greene | 2 Bedroom Unit | 2BR,1BA | $1.17 |
| JEFFERSON CROSSING | 2 Bedroom 1 Bathroom - Townhome | 2BR,1BA | $1.07 |
| MAPLE CREST | 2x1WD | 2BR,1BA | $1.04 |
| Georgetown Apartments | 2BR/1.5BA | 2BR,1.5BA | $1.05 |
| Fox Acres Apartments | 1 Bed Room | 1BR,1BA | $1.11 |
| The Annex of Kokomo | 2 Bed 2 Bath | 2BR,2BA | $0.84 |
| Woods Edge | The Boilermaker | 1BR,1BA | $1.07 |
| Pechewa Place | Upstairs 1 Bedroom | 1BR,1BA | $1.00 |
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 ArticleThe 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.
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 Lucerne, IN Rentals by Map
See the most popular apartments and homes in Lucerne, IN
Frequently Asked Questions about Cheap Lucerne Apartments
What is the Cheapest Studio apartment in Lucerne?
Currently the most affordable Cheap Studio Apartment in Lucerne is at Turtle Creek Kokomo listed at $685.
How much is rent for a Cheap One Bedroom Lucerne Apartment?
The lowest price for a Cheap One Bedroom Lucerne Apartment is $599 at Pechewa Place.
What is the lowest price for a Cheap Two Bedroom Lucerne Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Lucerne is starting from $775 at Georgetown Apartments.
What is the most affordable Lucerne Three Bedroom Apartment?
The best deal on a cheap Lucerne Three Bedroom Apartment rental is at The Annex of Kokomo and starts from $628.
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

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.

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.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!

The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.









