
Cheap Apartments for Rent in Mexico, IN from $500 (42 Rentals)
Search the lowest-cost Apartments available for rent right now in Mexico.


MAPLE CREST

Green Town Apartments

Turtle Creek Kokomo

Turtle Creek Apartments
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.

Lincolnwood Apartments

Somerset Apartments

Sycamore St

Walnut Manor

First Flats

Pine Manor Apartments

MILLSTONE APARTMENTS

The Macy Apartments
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.

Kingston Green Apartments

Georgetown Apartments

JEFFERSON CROSSING

Indigo

410 - WINDING BROOK APARTMENTS

Fox Acres Apartments

Wabash River Commons

Concord Square Apartments
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.

Reserve at Norwood Apartment Homes

Sycamore Apartments

The Harvest at Kokomo

510 E Morgan St

611 N Main St

59 W Riverside Dr

723 W Jefferson St
The Art of the Rental Viewing: What to look for during a property tour
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.

110 1/2 E Jefferson St

711 N Webster St

609 W Broadway St

1005 N Lincoln St
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

1233 E Jefferson St

1224 High St Rd
Mexico, IN Local Guide

How much does it cost to rent an apartment in Mexico?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Mexico Studio Apartments | $705 | $550 | $1,100 |
| Mexico 1 Bedroom Apartments | $846 | $578 | $1,381 |
| Mexico 2 Bedroom Apartments | $1,041 | $600 | $2,450 |
| Mexico 3 Bedroom Apartments | $1,136 | $667 | $1,703 |
| Mexico 4 Bedroom Apartments | $1,046 | $505 | $2,223 |
Browse Top Apartments in Mexico
See all Apartments in MexicoExplore Mexico
Mexico, IN Local Guide
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Available Mexico Apartments for Rent and Nearby
 The cheapest available apartment rental in Mexico, IN is a 1 Bed unit found at Pechewa Place priced from $599. 900 North St has the second lowest priced unit, which is a Studio apartment currently listed from $599. Here is today’s list of the most affordable Mexico apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Pechewa Place | Upstairs 1 Bedroom | 1BR,1BA | $599 |
| 900 North St | Studio | Studio,1BA | $599 |
| The Annex of Kokomo | 3 bed 3 Bath | 3BR,3BA | $667 |
| Green Town Apartments | One Bd rm | 1BR,1BA | $675 |
| Turtle Creek Kokomo | Spring | Studio,1BA | $685 |
| SOMERSET VILLAGE APARTMENTS | 1 bed small | 1BR,1BA | $690 |
| Lincolnwood Apartments | 1BR/1BA | 1BR,1BA | $700 |
| Walnut Manor | STUDIO | Studio,1BA | $725 |
| Kingston Green Apartments | 1BR/1BA | 1BR,1BA | $750 |
| The Macy Apartments | Studio Unfurnished/Furnished | Studio,1BA | $750 |
Best Value Apartments for Rent in Mexico, IN and Nearby
As of November 01, 2025 the best value apartment in the Mexico area is the $0.68 price per square foot Two Bedroom Model at Somerset Apartments in the starting from $840. The second greatest value Mexico apartment is the 3 Bed 2 Bath Model at Union at Washington starting at $1,017 with a $0.88 price per square foot . Here is today’s list of the best values for Mexico apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Somerset Apartments | Two Bedroom | 2BR,1.5BA | $0.68 |
| Union at Washington | 3 Bed 2 Bath | 3BR,2BA | $0.88 |
| CLEAR CREEK APARTMENTS | 3 bedroom | 3BR,2BA | $0.95 |
| 55+ Historic Gallatin Square Senior | Two Bedroom | 2BR,1BA | $1.06 |
| JEFFERSON CROSSING | 2 Bedroom 1 Bathroom - Townhome | 2BR,1BA | $1.07 |
| 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 |
| 900 North St | Studio | Studio ,1BA | $0.86 |
| Pechewa Place | Upstairs 1 Bedroom | 1BR,1BA | $1.00 |
Apartment Common Area Rules: What Renters Need to Know
From the lounge to the laundry room, understand your rights and responsibilities in shared apartment spaces. Get tips on pet rules, noise, and security.
Read ArticleDon'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 Mexico, IN Rentals by Map
See the most popular apartments and homes in Mexico, IN
Getting Around Mexico, IN
Walk Score®
17 / 100
Car-Dependent
Almost all errands require a car
Bike Score®
22 / 100
Somewhat Bikeable
Minimal bike infrastructure
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Cheap Mexico Apartments
What is the Cheapest Studio apartment in Mexico?
Currently the most affordable Cheap Studio Apartment in Mexico is at 900 North St listed at $599.
How much is rent for a Cheap One Bedroom Mexico Apartment?
The lowest price for a Cheap One Bedroom Mexico Apartment is $599 at Pechewa Place.
What is the lowest price for a Cheap Two Bedroom Mexico Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Mexico is starting from $775 at Georgetown Apartments.
What is the most affordable Mexico Three Bedroom Apartment?
The best deal on a cheap Mexico Three Bedroom Apartment rental is at The Annex of Kokomo and starts from $667.
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.

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.

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.







