Cheap Apartments for Rent near Needham, IN from $700 (34 Rentals)

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Search the lowest-cost Apartments available for rent right now in Needham.

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.

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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.

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Summit Pointe
$1,265 - $1,730
Total Monthly Price

Total Monthly Price

Base Rent
$1,265 - $1,730
Total Monthly Price
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1 to 3 Bedroom Apartments Available Now

Summit Pointe

2400 E Main StGreenwood, IN 46143
Corporate Housing
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property at 202 E Taylor St

$525 - $645

1 Bedroom Rentals

Available Now

202 E Taylor St

ShelbyvilleIN46176
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Clearview
Studio to 2 Bedroom Apartments

Clearview

715 Clearview DrGreenwood, IN 46143

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.

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523 Miller Ave
1 Bedroom Apartments

523 Miller Ave

523 Miller AveShelbyville, IN 46176
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Encore Apartments
Studio to 2 Bedroom Apartments

Encore Apartments

8035 Preidt PlIndianapolis, IN 46237
  • Utilities Included
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301 W Adams St
2 Bedroom Apartments

301 W Adams St

301 W Adams StFranklin, IN 46131
Student Housing
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Emerald Lakes
1 to 2 Bedroom Apartments

Emerald Lakes

1180 Emerald Lakes DrGreenwood, IN 46143

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.

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The Row Apartments
2 to 3 Bedroom Apartments

The Row Apartments

57 Schoolhouse RdFranklin, IN 46131
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Needham, IN Local Guide

Cheapest Available Needham Apartments for Rent and Nearby

 

The cheapest available apartment rental in Needham, IN is a Studio unit found at Waterbury Apartments in the Tracy Commons neighborhood priced from $775. Clearview in the Tracy Commons neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $780. Here is today’s list of the most affordable Needham apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Waterbury ApartmentsStudioStudio,1BA$775
ClearviewThe BristolStudio,1BA$780
523 Miller Ave1BR/1.0BA1BR,1BA$800
The Fairways at Valle VistaBirdie1BR,1BA$899
Courts of Valle Vista1Bed/1Ba-Up (B)1BR,1BA$939
Auburn Place1 Bedroom 1 Bath1BR,1BA$972
Martin Estates ApartmentsTwo Bedroom One Bath2BR,1BA$999
Yorktowne Farms Community1 Bed 1 Bath1BR,1BA$1,000
Cedarbrook2x1 R2BR,1BA$1,025
St. Andrews1Bd/1Ba Superior 2 Shwr1BR,1BA$1,030

Best Value Apartments for Rent in Needham, IN and Nearby

As of July 31, 2026 the best value apartment in the Needham area is the $1.20 price per square foot L3 Model at The Links at Franklin in the in the Cityview Farm neighborhood starting from $1,937. The second greatest value Needham apartment is the 2 Bed/2.5 Bath Town Home Model at Greenwood Oaks starting at $1,499 with a $1.17 price per square foot in the Tracy Commons neighborhood. Here is today’s list of the best values for Needham apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The Links at FranklinL33BR,2BA$1.20
Greenwood Oaks2 Bed/2.5 Bath Town Home2BR,2.5BA$1.17
Hartshire Lakes ApartmentsBayberry2BR,2BA$1.39
Martin Estates ApartmentsTwo Bedroom One Bath2BR,1BA$1.04
Copper Chase at Stones CrossingBismuth1BR,1BA$1.28
Autumn Chase1 Bd/1 Ba (C w/View)1BR,1BA$1.46
St. Andrews1Bd/1Ba Superior Tub1BR,1BA$1.41
Cedarbrook2x1 R2BR,1BA$1.46
Yorktowne Farms Community1 Bed 1 Bath1BR,1BA$1.46
523 Miller Ave1BR/1.0BA1BR,1BA$1.33

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.

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Real 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.

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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.

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

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Frequently Asked Questions about Cheap Needham Apartments

What is the Cheapest Studio apartment in Needham?

Currently the most affordable Cheap Studio Apartment in Needham is at Waterbury Apartments listed at $775.

How much is rent for a Cheap One Bedroom Needham Apartment?

The lowest price for a Cheap One Bedroom Needham Apartment is $800 at 523 Miller Ave.

What is the lowest price for a Cheap Two Bedroom Needham Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Needham is starting from $999 at Martin Estates Apartments.

What is the most affordable Needham Three Bedroom Apartment?

The best deal on a cheap Needham Three Bedroom Apartment rental is at Hartshire Lakes Apartments and starts from $1,550.

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

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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.

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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.

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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.

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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.