
Cheap Apartments for Rent in Middletown, IN from $300 (11 Rentals)
Search the lowest-cost Apartments available for rent right now in Middletown.


The Haven

Hoosier Woods

River Landing Apartments

Bay Terrace 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.

Applegate

1604 W 15th St

309.5 Central Ave

336 W 6th St

The Cedars
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.

21 W 8th St
Middletown, IN Local Guide

How much does it cost to rent an apartment in Middletown?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Middletown Studio Apartments | $756 | $650 | $900 |
| Middletown 1 Bedroom Apartments | $907 | $250 | $1,800 |
| Middletown 2 Bedroom Apartments | $1,040 | $510 | $1,650 |
| Middletown 3 Bedroom Apartments | $923 | $350 | $1,737 |
| Middletown 4 Bedroom Apartments | $630 | $350 | $1,460 |
Browse Top Apartments in Middletown
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Middletown, IN Local Guide
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Cheapest Available Middletown Apartments for Rent and Nearby
 The cheapest available apartment rental in Middletown, IN is a 1 Bed unit found at The Towers at Southdale Affordable Senior in the Anderson neighborhood priced from $250. The Haven in the North Muncie neighborhood has the second lowest priced unit, which is a 4 Beds apartment currently listed from $540. Here is today’s list of the most affordable Middletown 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 Haven | 4x4 | 4BR,4BA | $540 |
| Applegate | Studio - 288 sqft | Studio,1BA | $669 |
| Grand Avenue Commons | 1 Bed, 1 bath | 1BR,1BA | $709 |
| Arrasmith Apartments | 1BR/1.0BA | 1BR,1BA | $750 |
Best Value Apartments for Rent in Middletown, IN and Nearby
As of February 21, 2026 the best value apartment in the Middletown area is the $0.92 price per square foot Townhouse Model at Sun Valley Townhomes in the in the Anderson neighborhood starting from $1,300. The second greatest value Middletown apartment is the 2BD/2BA Furnished Premium Model at University Village starting at $809 with a $0.62 price per square foot in the North Muncie neighborhood. Here is today’s list of the best values for Middletown apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Sun Valley Townhomes | Townhouse | 3BR,2.5BA | $0.92 |
| University Village | 2BD/2BA Furnished Premium | 2BR,2BA | $0.62 |
| Golden Pebble Estates | Maynardville Classic 76 | 3BR,2BA | $1.00 |
| Silvertree Communities | Everbrook Townhomes | 2BR,1.5BA | $0.70 |
| 683 N 5th St, Unit 683 | 683 N 5th St | 2BR,1BA | $1.00 |
| Hoosier Woods | 2X2 60% | 2BR,2BA | $0.95 |
| Arrasmith Apartments | 1BR/1.0BA | 1BR,1BA | $0.90 |
| Freedom Acres MHC | Blazer Extreme | 2BR,1BA | $1.08 |
| Grand Avenue Commons | 1 Bed, 1 bath | 1BR,1BA | $1.01 |
| 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 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 ArticleCash 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.
Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
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Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Middletown, IN Rentals by Map
See the most popular apartments and homes in Middletown, IN
Frequently Asked Questions about Cheap Middletown Apartments
What is the Cheapest Studio apartment in Middletown?
Currently the most affordable Cheap Studio Apartment in Middletown is at Applegate listed at $669.
How much is rent for a Cheap One Bedroom Middletown Apartment?
The lowest price for a Cheap One Bedroom Middletown Apartment is $250 at The Towers at Southdale Affordable Senior.
What is the lowest price for a Cheap Two Bedroom Middletown Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Middletown is starting from $720 at The Haven.
What is the most affordable Middletown Three Bedroom Apartment?
The best deal on a cheap Middletown Three Bedroom Apartment rental is at The Haven and starts from $575.
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

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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.