
Cheap Apartments for Rent in Mount Ayr, IN from $400 (54 Rentals)
Search the lowest-cost Apartments available for rent right now in Mount Ayr.


ST JAMES SENIOR APARTMENTS

Woods Edge

Total Monthly Price
Birchwood Apartments

Viewpointe Apartment Homes

Madison Cottage of Rensselaer

Avery Glen Apartments

Broadway Crossing Apartments

2045-2151 Meadow Ln

333 Kristie Ct
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.

2100 N Main St

Uptown East

Candlelight Estates

Harvest Grove Apartment Homes

Huntington Cove Apartments

Sherwood Lake Apartments

Cheswick Village

Fountain View Apartments

Brickshire Apartments

Compass Pointe 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.

Evergreen

The Linc Valpo

Maple Leaf Apartments

Hidden Creek

WestRidge Flats

Vita on Grant

Harvest Ridge Apartment Homes

Whitcomb Terrace Apartments

Hills of Aberdeen Apartment Homes

Village Green Townhomes
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.

52 Flats

The Ivy Towns + Flats

Mallard Bay Apartments

Trailside Flats

Cypress Pointe

Fowler Place Apartments

Bethel Townhomes

1304 E North St

204 W Oxford St

29837 IL-50
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.

West Harbor Place

Meadow Lane Apartments

409 S Maple St

111 Harrington Ave

Windridge Village Apartments

1905 Austin Ave

105-105 W McAlpin St

160 Meadows Cir

18 S 574 W

258 W Water 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.
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 | $1,196 | $938 | $1,429 |
| Mount Ayr 1 Bedroom Apartments | $1,457 | $553 | $2,234 |
| Mount Ayr 2 Bedroom Apartments | $1,703 | $498 | $2,740 |
| Mount Ayr 3 Bedroom Apartments | $2,190 | $825 | $3,463 |
| Mount Ayr 4 Bedroom Apartments | $3,408 | $3,408 | $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. The Vibe on Paramount has the second lowest priced unit, which is a 2 Beds apartment currently listed from $780. 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 |
| The Vibe on Paramount | The Vibe at Paramount - 2 Bed/2 Bath - Unit 103... | 2BR,2BA | $780 |
| Birchwood Apartments | One Bedroom | 1BR,1BA | $930 |
| Viewpointe Apartment Homes | B-1 BD | 1BR,1BA | $1,011 |
| Avery Glen Apartments | 1X1 | 1BR,1BA | $1,056 |
| 2045-2151 Meadow Ln | 1 Bed/1 Bath | 1BR,1BA | $1,075 |
| 2100 N Main St | 1 Bed 1 Bath | 1BR,1BA | $1,125 |
| Uptown East | 1X1 S | 1BR,1BA | $1,145 |
| Candlelight Estates | Leasing NOW - Brand NEW 3bd/2bth Homes | 3BR,2BA | $1,150 |
| ST JAMES SENIOR APARTMENTS | 2 BED 1 BATH | 2BR,1BA | $1,159 |
Best Value Apartments for Rent in Mount Ayr, IN and Nearby
As of May 04, 2026 the best value apartment in the Mount Ayr area is the $1.06 price per square foot Leasing NOW - 2026 Brand new 3bd/2bth homes Model at Candlelight Estates in the starting from $1,297. The second greatest value Mount Ayr apartment is the 3C- Premium 13's Model at The Oasis starting at $825 with a $0.78 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. |
|---|---|---|---|
| Candlelight Estates | Leasing NOW - 2026 Brand new 3bd/2bth homes | 3BR,2BA | $1.06 |
| The Oasis | 3C- Premium 13's | 3BR,3BA | $0.78 |
| Cypress Pointe | 2 Bedroom, 2 Bath - Standard | 2BR,2BA | $1.45 |
| ST JAMES SENIOR APARTMENTS | 2 BED 1 BATH | 2BR,1BA | $1.25 |
| Wabash Lofts | 2x2 | 2BR,2BA | $1.04 |
| The Vibe on Paramount | The Vibe at Paramount - 2 Bed/2 Bath - Unit 103... | 2BR,2BA | $0.87 |
| Harvest Grove Apartment Homes | 1BD-Deluxe | 1BR,1BA | $1.41 |
| Avery Glen Apartments | 1X1 | 1BR,1BA | $1.41 |
| Woods Edge | The Boilermaker | 1BR,1BA | $1.07 |
| Birchwood Apartments | One Bedroom | 1BR,1BA | $1.43 |
A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Learn the property manager's true secrets to a zero-deduction move-out. Use this step-by-step guide on documentation, cleaning, and lease-reading to reclaim your security deposit.
Read Article10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
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 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?
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 $780 at The Vibe on Paramount.
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

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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.