Cheap Homes for Rent in Needham, IN from $500 (12 Rentals)

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property at 202 E Taylor St

$525 - $645

1 Bedroom Rentals

Available Now

202 E Taylor St

ShelbyvilleIN46176

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.

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.

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. The Fairways at Valle Vista in the Tracy Commons neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $899. Here is today’s list of the most affordable Needham apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Waterbury ApartmentsStudioStudio,1BA$775
The Fairways at Valle VistaBirdie1BR,1BA$899
Eight37 LoftsThe Crossroads1BR,1BA$935
Keeneland Crest ApartmentsBristol1BR,1BA$949
Martin Estates ApartmentsOne Bedroom One Bath1BR,1BA$950

Best Value Apartments for Rent in Needham, IN and Nearby

As of May 28, 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 $1,349 with a $1.05 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$1.05
Autumn Chase2 Bd/2 Ba (H w/F)2BR,2BA$1.27
Hartshire Lakes ApartmentsBayberry2BR,2BA$1.37
Auburn Place2 Bedroom 1 Bath2BR,1BA$1.16
Encore Apartments2BR/1.5BA2BR,1.5BA$1.30
Copper Chase at Stones CrossingBismuth1BR,1BA$1.40
Keeneland Crest ApartmentsHartford2BR,1BA$1.41
Martin Estates ApartmentsOne Bedroom One Bath1BR,1BA$1.36
Yorktowne Farms Community1 Bed 1 Bath1BR,1BA$1.43

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

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Frequently Asked Questions about Needham

What type of rentals are currently available in Needham?

There are currently 49 Apartments for Rent in Needham, IN with pricing that ranges from $775 to $2,837. There are also 35 Single Family Homes for rent, Condos, and Townhome rentals currently available in Needham ranging from $525 to $4,950.

What is the current price range for Rental Homes in Needham?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Needham ranges from $525 to $4,950 with an average monthly rent of $1,868.

How much are larger Three and Four Bedroom Rentals in Needham?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Needham range from $1,291 to $2,837, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,299 to $4,500. Four Bedroom Single-Family rentals are also available starting from $2,000 and Four Bedroom Apartments start at $1,800.

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

decorative image for A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back article

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.

decorative image for Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts  article

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.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

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.

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

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.