
Cheap Homes for Rent in Mitchell, IN from $900 (16 Rentals)
Search the lowest-cost Homes available for rent right now in Mitchell.


5229 S College Dr

3645 S Rogers St

852 E Sherwood Hills Dr

894 E Sherwood Hills Dr
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.

7255 S Burch Rd

3410 S Oaklawn Cir

6285 S Old State Rd 37

3531 S Oaklawn Cir

3438 S Burks Ct
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.

3433 S Burks Ct

170 Stark St

149 Willow Ct

3465 S Oaklawn Cir

2871 S Walnut Street Pike
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.

2623 E Oaklawn Ct
Mitchell, IN Local Guide

How much does it cost to rent a home in Mitchell?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Mitchell 2 Bedroom Homes for Rent | $1,532 | $900 | $2,200 |
| Mitchell 3 Bedroom Homes for Rent | $1,993 | $1,400 | $3,300 |
| Mitchell 4 Bedroom Homes for Rent | $2,458 | $1,650 | $3,800 |
| Mitchell 5 Bedroom Homes for Rent | $2,800 | $2,800 | $2,800 |
Browse Top Homes for Rent in Mitchell
Explore Mitchell
Mitchell, IN Local Guide
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Cheapest Available Mitchell Apartments for Rent and Nearby
 The cheapest available apartment rental in Mitchell, IN is a 1 Bed unit found at Mason Manor Apartments priced from $595. Ironton at Shoals has the second lowest priced unit, which is a 1 Bed apartment currently listed from $750. Here is today’s list of the most affordable Mitchell apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Mason Manor Apartments | 3 | 1BR,1BA | $595 |
| Ironton at Shoals | 1 Beds, 1 Baths | 1BR,1BA | $750 |
| Woodland Springs | 1 Bedroom | 1BR,1BA | $775 |
| Canadian Apartments | 1BR/1.0BA | 1BR,1BA | $800 |
| Basswood Apartments | 1 Bedroom 1 Bathroom | 1BR,1BA | $825 |
Best Value Apartments for Rent in Mitchell, IN and Nearby
As of June 23, 2026 the best value apartment in the Mitchell area is the $1.42 price per square foot Lofton 2A - Sublease / Lease Release Model at Lofton in the in the Downtown Bloomington IN neighborhood starting from $1,350. The second greatest value Mitchell apartment is the 2 Bedroom Model at 701-709 Etzler Dr starting at $900 with a $1.00 price per square foot . Here is today’s list of the best values for Mitchell apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Lofton | Lofton 2A - Sublease / Lease Release | 2BR,2BA | $1.42 |
| 701-709 Etzler Dr | 2 Bedroom | 2BR,1BA | $1.00 |
| Big Red Apartments | 2 Bedroom August 2026 | 2BR,1BA | $1.38 |
| The Monroe | B2 | 2BR,2BA | $1.15 |
| Summit Pointe | The Evergreen | 1BR,1BA | $1.22 |
| Woodland Springs | 1 Bedroom | 1BR,1BA | $1.05 |
| The Crossing at Pete Ellis | 1 Bedroom | 1BR,1BA | $1.32 |
| Ironton at Shoals | 1 Beds, 1 Baths | 1BR,1BA | $1.15 |
| Basswood Apartments | 1 Bedroom 1 Bathroom | 1BR,1BA | $1.28 |
| Mason Manor Apartments | 3 | 1BR,1BA | $1.08 |
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.
Pet Friendly LifestyleMitchell, IN
Ranked #82
Among cities in Indiana for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
2.5Pet Friendly
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Mitchell, IN Rentals by Map
See the most popular apartments and homes in Mitchell, IN
Frequently Asked Questions about Mitchell
What type of rentals are currently available in Mitchell?
There are currently 61 Apartments for Rent in Mitchell, IN with pricing that ranges from $595 to $3,455. There are also 37 Single Family Homes for rent, Condos, and Townhome rentals currently available in Mitchell ranging from $900 to $3,800.
What is the current price range for Rental Homes in Mitchell?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Mitchell ranges from $900 to $3,800 with an average monthly rent of $2,195.
How much are larger Three and Four Bedroom Rentals in Mitchell?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Mitchell range from $699 to $3,045, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,400 to $3,300. Four Bedroom Single-Family rentals are also available starting from $1,650 and Four Bedroom Apartments start at $785.
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.