
Cheap Apartments for Rent near 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

Madison Cottage of Rensselaer

Total Monthly Price
Birchwood Apartments

Avery Glen Apartments

Broadway Crossing Apartments

2045-2151 Meadow Ln

205 Michigan
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

333 Kristie Ct

2100 N Main St

Uptown East

Harvest Grove Apartment Homes

WestRidge Flats

Cheswick Village

Sherwood Lake Apartments

Hidden Creek

Evergreen

Huntington Cove Apartments
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

Total Monthly Price
Candlelight Estates

The Ivy Towns + Flats

Maple Leaf Apartments

Whitcomb Terrace Apartments

Fountain View Apartments

Harvest Ridge Apartment Homes

Vita on Grant

Brickshire Apartments

Trailside Flats

Total Monthly Price
The Vibe on Paramount
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.

52 Flats

Cypress Pointe

The Linc Valpo

Highbranch Apartments

Woodside Village Apartments

Village Green Townhomes

Fowler Place Apartments

Bethel Townhomes

436 Lamplighter Ln

West Harbor Place
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.

409 S Maple St

Meadow Lane Apartments

1304 E North St

494 S Chicago Ave

Windridge Village Apartments

1905 Austin Ave

2645 W 1150 S

506 Daisy St SE

18 S 574 W

7322 Noble St
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.
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 | $1,046 | $938 | $1,099 |
| Mount Ayr 1 Bedroom Apartments | $1,453 | $553 | $2,449 |
| Mount Ayr 2 Bedroom Apartments | $1,670 | $498 | $2,747 |
| Mount Ayr 3 Bedroom Apartments | $2,197 | $950 | $3,699 |
| Mount Ayr 4 Bedroom Apartments | $3,426 | $3,399 | $3,454 |
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 Fowler Place Apartments priced from $599. Woods Edge 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 Mount Ayr apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Fowler Place Apartments | Floorplan E | 1BR,1BA | $599 |
| Woods Edge | The Boilermaker | 1BR,1BA | $750 |
| Madison Cottage of Rensselaer | 1x1 | 1BR,1BA | $970 |
| Birchwood Apartments | One Bedroom | 1BR,1BA | $990 |
| 205 Michigan | 1 Bed, 1 bath | 1BR,1BA | $1,100 |
| 2045-2151 Meadow Ln | 1 Bed/1 Bath | 1BR,1BA | $1,100 |
| 2100 N Main St | 1 Bed 1 Bath | 1BR,1BA | $1,125 |
| ST JAMES SENIOR APARTMENTS | 2 BED 1 BATH | 2BR,1BA | $1,159 |
| Harvest Grove Apartment Homes | 1BD-Deluxe | 1BR,1BA | $1,163 |
| WestRidge Flats | A1 | 1BR,1BA | $1,225 |
Best Value Apartments for Rent in Mount Ayr, IN and Nearby
As of August 03, 2026 the best value apartment in the Mount Ayr area is the $1.50 price per square foot Three Bedroom 2 Bath Model at Hills of Aberdeen Apartment Homes in the in the Porter County neighborhood starting from $2,095. The second greatest value Mount Ayr apartment is the Available NOW 3bd/2bth (68') 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. |
|---|---|---|---|
| Hills of Aberdeen Apartment Homes | Three Bedroom 2 Bath | 3BR,2BA | $1.50 |
| Candlelight Estates | Available NOW 3bd/2bth (68') | 3BR,2BA | $1.17 |
| 52 Flats | 2 BD/1 BA Duplex | 2BR,1BA | $1.47 |
| ST JAMES SENIOR APARTMENTS | 2 BED 1 BATH | 2BR,1BA | $1.25 |
| Harvest Ridge Apartment Homes | 2X1 | 2BR,1BA | $1.50 |
| Harvest Grove Apartment Homes | 1BD-Deluxe | 1BR,1BA | $1.37 |
| Madison Cottage of Rensselaer | 1x1 | 1BR,1BA | $1.14 |
| The Oasis | 2026 FALL LEASING Luxury Upscale 2-bedroom, 2-b... | 2BR,2BA | $0.98 |
| Woods Edge | The Boilermaker | 1BR,1BA | $1.07 |
| Fowler Place Apartments | Floorplan E | 1BR,1BA | $1.20 |
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 $599 at Fowler Place 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

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

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.