
Cheap Apartments for Rent in Mount Ayr, IN from $400 (51 Rentals)
Search the lowest-cost Apartments available for rent right now in Mount Ayr.


ST JAMES SENIOR APARTMENTS

Woods Edge

Viewpointe Apartment Homes

205 Michigan

Madison Cottage of Rensselaer

Total Monthly Price
Birchwood Apartments

Avery Glen Apartments

Broadway Crossing Apartments

2045-2151 Meadow Ln
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.

333 Kristie Ct

2100 N Main St

Uptown East

Harvest Grove Apartment Homes

Sherwood Lake Apartments

Huntington Cove Apartments

Cheswick Village

The Linc Valpo

Candlelight Estates

Hidden Creek
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.

Evergreen

Maple Leaf Apartments

The Ivy Towns + Flats

WestRidge Flats

Compass Pointe Apartments

Whitcomb Terrace Apartments

Vita on Grant

Fountain View Apartments

Harvest Ridge Apartment Homes

Brickshire 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.

Village Green Townhomes

Cypress Pointe

Hills of Aberdeen Apartment Homes

Woodside Village Apartments

Highbranch Apartments

Prairie Point Apartments

Trailside Flats

Mallard Bay Apartments

52 Flats

Fowler Place 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.

Bethel Townhomes

1304 E North St

111 Harrington Ave

West Harbor Place

Meadow Lane Apartments

409 S Maple St

Windridge Village Apartments

1905 Austin Ave

105-105 W McAlpin St

18 S 574 W
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.
Mount Ayr, IN Local Guide

How much does it cost to rent an apartment in Mount Ayr?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Mount Ayr Studio Apartments | $1,203 | $938 | $1,429 |
| Mount Ayr 1 Bedroom Apartments | $1,465 | $553 | $2,383 |
| Mount Ayr 2 Bedroom Apartments | $1,748 | $498 | $2,773 |
| Mount Ayr 3 Bedroom Apartments | $2,270 | $950 | $3,352 |
| Mount Ayr 4 Bedroom Apartments | $3,358 | $3,308 | $3,408 |
Browse Top Apartments in Mount Ayr
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Mount Ayr, IN Local Guide
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Cheapest Available Mount Ayr Apartments for Rent and Nearby
 The cheapest available apartment rental in Mount Ayr, IN is a 1 Bed unit found at Woods Edge priced from $750. 205 Michigan in the Banta neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $940. Here is today’s list of the most affordable Mount Ayr apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Woods Edge | The Boilermaker | 1BR,1BA | $750 |
| 205 Michigan | 1 Bed, 1 bath | 1BR,1BA | $940 |
| Madison Cottage of Rensselaer | 1x1 | 1BR,1BA | $970 |
| Birchwood Apartments | One Bedroom | 1BR,1BA | $990 |
| 2045-2151 Meadow Ln | 1 Bed/1 Bath | 1BR,1BA | $1,075 |
| 2100 N Main St | 1 Bed 1 Bath | 1BR,1BA | $1,125 |
| Viewpointe Apartment Homes | G- 2BD | 2BR,1BA | $1,134 |
| Uptown East | 1X1 S | 1BR,1BA | $1,145 |
| ST JAMES SENIOR APARTMENTS | 2 BED 1 BATH | 2BR,1BA | $1,159 |
| Harvest Grove Apartment Homes | 1BD-Small | 1BR,1BA | $1,161 |
Best Value Apartments for Rent in Mount Ayr, IN and Nearby
As of June 19, 2026 the best value apartment in the Mount Ayr area is the $1.48 price per square foot 3 Beds, 2 baths Model at 205 Michigan in the in the Banta neighborhood starting from $1,775. The second greatest value Mount Ayr apartment is the PRE-LEASING - Brand NEW 3bd/2bth homes located ... Model at Candlelight Estates starting at $1,275 with a $1.17 price per square foot . Here is today’s list of the best values for Mount Ayr apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 205 Michigan | 3 Beds, 2 baths | 3BR,2BA | $1.48 |
| Candlelight Estates | PRE-LEASING - Brand NEW 3bd/2bth homes located ... | 3BR,2BA | $1.17 |
| Evergreen | B1 | 2BR,1BA | $1.44 |
| ST JAMES SENIOR APARTMENTS | 2 BED 1 BATH | 2BR,1BA | $1.25 |
| Wabash Lofts | 2x2 | 2BR,2BA | $0.88 |
| Viewpointe Apartment Homes | J-2 BD | 2BR,1BA | $1.35 |
| Madison Cottage of Rensselaer | 1x1 | 1BR,1BA | $1.14 |
| 2100 N Main St | 1 Bed 1 Bath | 1BR,1BA | $1.50 |
| Woods Edge | The Boilermaker | 1BR,1BA | $1.07 |
| Birchwood Apartments | One Bedroom | 1BR,1BA | $1.52 |
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!
Explore Mount Ayr, IN Rentals by Map
See the most popular apartments and homes in Mount Ayr, IN
Frequently Asked Questions about Cheap Mount Ayr Apartments
How much is rent for a Cheap One Bedroom Mount Ayr Apartment?
The lowest price for a Cheap One Bedroom Mount Ayr Apartment is $750 at Woods Edge.
What is the lowest price for a Cheap Two Bedroom Mount Ayr Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Mount Ayr is starting from $850 at Woods Edge.
What is the most affordable Mount Ayr Three Bedroom Apartment?
The best deal on a cheap Mount Ayr Three Bedroom Apartment rental is at Woods Edge and starts from $950.
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.