
Cheap Apartments for Rent in Mount Ayr, IN from $400 (11 Rentals)
Search the lowest-cost Apartments available for rent right now in Mount Ayr.


ST JAMES SENIOR APARTMENTS

Woods Edge

Madison Cottage of Rensselaer

Viewpointe Apartment Homes
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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.

Birchwood Apartments

Fowler Place Apartments

250 N Entrance Ave

Bethel Townhomes

1304 E North St
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.

509 E Commercial Ave
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 | $1,159 | $899 | $1,429 |
| Mount Ayr 1 Bedroom Apartments | $1,444 | $750 | $1,979 |
| Mount Ayr 2 Bedroom Apartments | $1,751 | $498 | $2,740 |
| Mount Ayr 3 Bedroom Apartments | $2,094 | $875 | $3,012 |
| Mount Ayr 4 Bedroom Apartments | $2,788 | $2,757 | $2,799 |
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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 ST JAMES SENIOR APARTMENTS in the University Park neighborhood priced from $553. Fowler Place Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $599. Here is today’s list of the most affordable Mount Ayr apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| ST JAMES SENIOR APARTMENTS | 1 BED 1 BATH | 1BR,1BA | $553 |
| Fowler Place Apartments | Floorplan F | 1BR,1BA | $599 |
| Woods Edge | The Boilermaker | 1BR,1BA | $750 |
| Madison Cottage of Rensselaer | 1x1 | 1BR,1BA | $879 |
| Viewpointe Apartment Homes | A-Studio | Studio,1BA | $899 |
Best Value Apartments for Rent in Mount Ayr, IN and Nearby
As of January 31, 2026 the best value apartment in the Mount Ayr area is the $1.25 price per square foot 2 Beds, 2 baths Model at The VIC in the in the Banta neighborhood starting from $1,895. The second greatest value Mount Ayr apartment is the Leasing NOW - 2025 Brand new 3bd/2bth homes Model at Candlelight Estates starting at $1,297 with a $1.06 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. |
|---|---|---|---|
| The VIC | 2 Beds, 2 baths | 2BR,2BA | $1.25 |
| Candlelight Estates | Leasing NOW - 2025 Brand new 3bd/2bth homes | 3BR,2BA | $1.06 |
| Fountain View Apartments | 2BR / 1BA | 2BR,1BA | $1.31 |
| Avery Glen Apartments | 2X1 | 2BR,1BA | $1.16 |
| The Oasis | 3BR/3.0BA | 3BR,3BA | $0.89 |
| 52 Flats | 2 BD/1 BA Duplex | 2BR,1BA | $1.29 |
| ST JAMES SENIOR APARTMENTS | 2 BED 1 BATH | 2BR,1BA | $1.25 |
| Madison Cottage of Rensselaer | 1x1 | 1BR,1BA | $1.03 |
| Woods Edge | The Boilermaker | 1BR,1BA | $1.07 |
| Fowler Place Apartments | Floorplan C | 1BR,1BA | $1.26 |
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
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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
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Remember the 3 Rules of Real Estate:Location, Location, Location!
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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 $553 at ST JAMES SENIOR APARTMENTS.
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

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.

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.