Cheap Homes for Rent in Lynn, IN from $500 (14 Rentals)

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Lynn, IN Local Guide

Cheapest Available Lynn Apartments for Rent and Nearby

 

The cheapest available apartment rental in Lynn, IN is a 1 Bed unit found at Grand Avenue Commons priced from $376. Yugo Muncie Varsity House in the Westacres neighborhood has the second lowest priced unit, which is a 3 Beds apartment currently listed from $569. Here is today’s list of the most affordable Lynn apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Grand Avenue Commons1 Bed, 1 bath1BR,1BA$376
Yugo Muncie Varsity House3 Bed, 3 Bath Classic Renovated3BR,3BA$569
The CrossingsStudioStudio,1BA$595
ApplegateStudioStudio,1BA$640
HUNTERS OAK APARTMENTS2 Bedroom 1 Bathroom2BR,1BA$670

Best Value Apartments for Rent in Lynn, IN and Nearby

As of October 26, 2025 the best value apartment in the Lynn area is the $0.81 price per square foot EXCALIBUR Model at Adam H Bartell Lofts in the starting from $895. The second greatest value Lynn apartment is the Two Bedroom Gas Model at Townehouse Village Apartments starting at $960 with a $0.98 price per square foot . Here is today’s list of the best values for Lynn apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Adam H Bartell LoftsEXCALIBUR2BR,1BA$0.81
Townehouse Village ApartmentsTwo Bedroom Gas2BR,1.5BA$0.98
Delaware AcresPulse 60162BR,2BA$1.04
HUNTERS OAK APARTMENTS3 Bedroom 1 Bathroom3BR,1BA$0.84
Yugo Muncie Varsity House2 Bed, 2 Bath Renovated2BR,2BA$0.90
Arrasmith Apartments1BR/1.0BA1BR,1BA$0.90
Silvertree CommunitiesSilvertree 2bd2BR,1BA$0.66
Richmond Flats3001 W Cart Rd2BR,2BA$0.88
Atlas Apartments1BR/1.0BA1BR,1BA$1.01
Grand Avenue Commons1 Bed, 1 bath1BR,1BA$0.54

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Frequently Asked Questions about Lynn

What type of rentals are currently available in Lynn?

There are currently 48 Apartments for Rent in Lynn, IN with pricing that ranges from $350 to $1,800. There are also 35 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lynn ranging from $550 to $1,525.

What is the current price range for Rental Homes in Lynn?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Lynn ranges from $550 to $1,525 with an average monthly rent of $1,093.

How much are larger Three and Four Bedroom Rentals in Lynn?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Lynn range from $350 to $1,463, while Three Bedroom Homes, Condos, and Townhomes for rent range from $649 to $1,525. Four Bedroom Single-Family rentals are also available starting from $1,150 and Four Bedroom Apartments start at $450.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

decorative image for Apartment Common Area Rules: What Renters Need to Know article

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.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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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.

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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.