
Cheap Homes for Rent in Mays, IN from $500 (18 Rentals)
Search the lowest-cost Homes available for rent right now in Mays.


202 E Taylor St

392 W Broadway St

529 West Washington St

1402 Alabama St

316 E Franklin 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.

2142 W US Hwy 40

135 W Hendricks St

227 W Pennsylvania St

216 Progress Rd

106 W Broadway St

321 E Mechanic St
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.

4881 300W

118 Summit Ave

309 W 11th St

22 Wilson St

140 Wilson Dr

703 Center St
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.
Mays, IN Local Guide

How much does it cost to rent a home in Mays?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Mays 2 Bedroom Homes for Rent | $936 | $695 | $1,195 |
| Mays 3 Bedroom Homes for Rent | $1,621 | $505 | $2,045 |
| Mays 4 Bedroom Homes for Rent | $2,245 | $2,245 | $2,245 |
| Mays 5 Bedroom Homes for Rent | $3,050 | $3,050 | $3,050 |
| Mays 6 Bedroom Homes for Rent | $1,650 | $1,650 | $1,650 |
Browse Top Homes for Rent in Mays
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Mays, IN Local Guide
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Cheapest Available Mays Apartments for Rent and Nearby
 The cheapest available apartment rental in Mays, IN is a 1 Bed unit found at The Towers at Southdale Affordable Senior priced from $250. The Crossings has the second lowest priced unit, which is a Studio apartment currently listed from $610. Here is today’s list of the most affordable Mays apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Towers at Southdale Affordable Senior | 1 Bed/ 1 Bath | 1BR,1BA | $250 |
| The Crossings | Studio | Studio,1BA | $610 |
| LINCOLN PARK APARTMENTS | Studio | Studio,1BA | $645 |
| Academy Place Apartments | 1 BR 1 Bath | 1BR,1BA | $675 |
| Grand Avenue Commons | 1 Bed, 1 bath | 1BR,1BA | $729 |
Best Value Apartments for Rent in Mays, IN and Nearby
As of June 22, 2026 the best value apartment in the Mays area is the $0.89 price per square foot Prime FHB Model at Golden Pebble Estates in the starting from $1,399. The second greatest value Mays apartment is the Peachtree Model at The Mill starting at $1,594 with a $1.25 price per square foot in the Downtown Shelbyville neighborhood. Here is today’s list of the best values for Mays apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Golden Pebble Estates | Prime FHB | 3BR,2BA | $0.89 |
| The Mill | Peachtree | 3BR,2BA | $1.25 |
| Knightstown Villas | 3 Bed 2 Bath | 3BR,2BA | $1.12 |
| Martin Estates Apartments | Two Bedroom One Bath | 2BR,1BA | $1.04 |
| Hoosier Woods | 2X2 60% | 2BR,2BA | $1.13 |
| Villages on Madison Apartments | 2x1 R-Prem | 2BR,1BA | $1.17 |
| Academy Place Apartments | 1 BR 1 Bath | 1BR,1BA | $0.79 |
| LINCOLN PARK APARTMENTS | Studio | Studio ,1BA | $0.81 |
| Grand Avenue Commons | 1 Bed, 1 bath | 1BR,1BA | $1.04 |
| The Towers at Southdale Affordable Senior | 1 Bed/ 1 Bath | 1BR,1BA | $0.45 |
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.
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!
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Frequently Asked Questions about Mays
What type of rentals are currently available in Mays?
There are currently 55 Apartments for Rent in Mays, IN with pricing that ranges from $250 to $2,962. There are also 38 Single Family Homes for rent, Condos, and Townhome rentals currently available in Mays ranging from $505 to $3,050.
What is the current price range for Rental Homes in Mays?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Mays ranges from $505 to $3,050 with an average monthly rent of $1,587.
How much are larger Three and Four Bedroom Rentals in Mays?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Mays range from $1,115 to $2,962, while Three Bedroom Homes, Condos, and Townhomes for rent range from $505 to $2,045. Four Bedroom Single-Family rentals are also available starting from $2,245 and Four Bedroom Apartments start at $2,829.
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

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.

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.

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.