
Cheap Apartments for Rent near Mount Ayr, IN from $498 (41 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
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.

The VIC

2045-2151 Meadow Ln

333 Kristie Ct

2100 N Main St

Uptown East

Hidden Creek

Harvest Grove Apartment Homes

Highbranch 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.

Sherwood Lake Apartments

Trailside Flats

Cheswick Village

Evergreen

The Linc Valpo

Total Monthly Price
Candlelight Estates

Maple Leaf Apartments

Huntington Cove Apartments
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.

Harvest Ridge Apartment Homes

WestRidge Flats

52 Flats

Fowler Place Apartments

304 S Brown St

Bethel Townhomes

29837 IL-50

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

205 Michigan

1304 E North St

128 S Jackson St

1097 E Merchant St

494 S Chicago Ave

Windridge Village 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.

1905 Austin 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 | $2,593 | $938 | $9,999 |
| Mount Ayr 1 Bedroom Apartments | $1,432 | $553 | $2,468 |
| Mount Ayr 2 Bedroom Apartments | $1,626 | $498 | $2,850 |
| Mount Ayr 3 Bedroom Apartments | $2,196 | $950 | $3,700 |
| Mount Ayr 4 Bedroom Apartments | $3,599 | $3,599 | $3,599 |
Browse Top Apartments in Mount Ayr
See all Apartments in Mount AyrExplore Mount Ayr
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. Viewpointe Apartment Homes in the Banta neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $938. 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 |
| Viewpointe Apartment Homes | A-Studio | Studio, 1BA | $938 |
| Madison Cottage of Rensselaer | 1x1 | 1BR, 1BA | $970 |
| Birchwood Apartments | One Bedroom | 1BR, 1BA | $990 |
| Avery Glen Apartments | 1X1 | 1BR, 1BA | $1,056 |
| Broadway Crossing Apartments | 27 | 1BR, 1BA | $1,060 |
| The VIC | 1 Bed/1 Bath | 1BR, 1BA | $1,095 |
| 2045-2151 Meadow Ln | 1 Bed/1 Bath | 1BR, 1BA | $1,100 |
| Uptown East | 1X1 S | 1BR, 1BA | $1,145 |
| 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 September 19, 2026 the best value apartment in the Mount Ayr area is the $1.04 price per square foot 2 Bed 1 Bath Model at 2100 N Main St in the Downtown Crown Point neighborhood starting from $1,250. 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. |
|---|---|---|---|
| 2100 N Main St | 2 Bed 1 Bath | 2BR, 1BA | $1.04 |
| Candlelight Estates | Available NOW 3bd/2bth (68') | 3BR, 2BA | $1.17 |
| Maple Leaf Apartments | 2.2C | 2BR, 2BA | $1.33 |
| ST JAMES SENIOR APARTMENTS | 2 BED 1 BATH | 2BR, 1BA | $1.25 |
| Wabash Lofts | 2x2 | 2BR, 2BA | $0.82 |
| Whitcomb Terrace Apartments | Hartford Open | 2BR, 1BA | $1.46 |
| Harvest Grove Apartment Homes | 1BD-Deluxe | 1BR, 1BA | $1.41 |
| Madison Cottage of Rensselaer | 1x1 | 1BR, 1BA | $1.14 |
| Avery Glen Apartments | 1X1 | 1BR, 1BA | $1.41 |
| Woods Edge | The Boilermaker | 1BR, 1BA | $1.07 |
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 ArticleNavigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
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

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.

How Commercial-to-Residential Property Conversions Help the Housing Crisis
Written by: Robin Stewart
Many housing markets throughout America share a common complaint: a lack of affordable rental properties.

Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
Written by: Robin Stewart
Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.