Cheap Apartments for Rent in New Lisbon, IN from $300 (12 Rentals)

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

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

property at 2404 State St

2404 State St

New CastleIN47362

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

New Lisbon, IN Local Guide

Cheapest Available New Lisbon Apartments for Rent and Nearby

 

The cheapest available apartment rental in New Lisbon, IN is a 1 Bed unit found at The Towers at Southdale Affordable Senior priced from $250. Grand Avenue Commons has the second lowest priced unit, which is a 1 Bed apartment currently listed from $376. Here is today’s list of the most affordable New Lisbon apartments for rent:

Apartment ListingModel NameBed/BathPriced From
The Towers at Southdale Affordable Senior1 Bed/ 1 Bath1BR,1BA$250
Grand Avenue Commons1 Bed, 1 bath1BR,1BA$376
Yugo Muncie Varsity House3 Bed, 3 Bath Classic Renovated3BR,3BA$549
The CrossingsStudioStudio,1BA$575
Hoosier Woods Apartments1x1 50%1BR,1BA$673

Best Value Apartments for Rent in New Lisbon, IN and Nearby

As of June 03, 2025 the best value apartment in the New Lisbon area is the $0.72 price per square foot EXCALIBUR Model at Adam H Bartell Lofts in the starting from $795. The second greatest value New Lisbon apartment is the Two Bedroom Gas Model at Townehouse Village Apartments starting at $960 with a $0.98 price per square foot . Here is today’s list of the best values for New Lisbon apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Adam H Bartell LoftsEXCALIBUR2BR,1BA$0.72
Townehouse Village ApartmentsTwo Bedroom Gas2BR,1.5BA$0.98
Hoosier Woods Apartments2x2 60%2BR,2BA$1.06
ROYAL OAKS APARTMENTS2 bedroom2BR,1BA$1.05
Yugo Muncie Varsity House2 Bed, 2 Bath Renovated2BR,2BA$0.88
424 Lofts1 bedroom1BR,1BA$1.00
Richmond Flats3001 W Cart Rd2BR,2BA$0.81
Atlas Apartments1BR/1.0BA1BR,1BA$1.05
Grand Avenue Commons1 Bed, 1 bath1BR,1BA$0.54
The Towers at Southdale Affordable Senior1 Bed/ 1 Bath1BR,1BA$0.45

Quick Rent Budget Calculator

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

Explore New Lisbon, IN Rentals by Map

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Frequently Asked Questions about Cheap New Lisbon Apartments

What is the Cheapest Studio apartment in New Lisbon?

Currently the most affordable Cheap Studio Apartment in New Lisbon is at The Crossings listed at $575.

How much is rent for a Cheap One Bedroom New Lisbon Apartment?

The lowest price for a Cheap One Bedroom New Lisbon Apartment is $250 at The Towers at Southdale Affordable Senior.

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

Today's best deal for a Cheap Two Bedroom Apartment in New Lisbon is starting from $459 at Grand Avenue Commons.

What is the most affordable New Lisbon Three Bedroom Apartment?

The best deal on a cheap New Lisbon Three Bedroom Apartment rental is at Yugo Muncie Varsity House and starts from $549.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

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The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

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Navigating the Rental Market: Tips for First-Time Renters

Written by: Sandy Baker

Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.