Cheap Apartments for Rent near New Lisbon, IN from $340 (43 Rentals)

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

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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Labor Center Lofts
$880 - $1,190

Total Monthly Price

Base Rent$880 - $1,190
Total Monthly Price$880 - $1,190
1 to 2 Bedroom Apartments Available Now

Labor Center Lofts

1125 S Walnut StMuncie, IN 47302
Eco-Friendly
  • Verified
  • Utilities Included
  • 3D Tour

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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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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Voyager Apartments
Studio to 2 Bedroom Apartments

Voyager Apartments

9461 US Route 40 WNew Paris, OH 45347
  • Utilities Included
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The Crossings
Studio to 2 Bedroom Apartments

The Crossings

3600 Western AveConnersville, IN 47331
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The Orchard
Studio to 3 Bedroom Apartments

The Orchard

720 W Centennial AveMuncie, IN 47303

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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Serenity
2 Bedroom Apartments

Serenity

3357 W Serenity PkyConnersville, IN 47331
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424 Lofts
1 to 2 Bedroom Apartments

424 Lofts

424 S Monroe StMuncie, IN 47305
Corporate Housing
  • Utilities Included
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Ivy Green
2 to 3 Bedroom Apartments

Ivy Green

1300 S 18th StRichmond, IN 47374
Corporate Housing
  • Utilities Included

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.

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Royal Oaks Apartments
2 to 3 Bedroom Apartments

Royal Oaks Apartments

4100 Royal Oak DrRichmond, IN 47374
  • Utilities Included
Showing Results 1-43, Page 1 of 1

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 in the Anderson neighborhood priced from $250. The Lofts at Roberts in the School neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $416. 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
The Lofts at RobertsThe Liberty2BR, 1BA$416
Muncie Varsity House3 Bed, 3 Bath Plus3BR, 3BA$569
The CrossingsStudioStudio, 1BA$610
Genesis Apartments1BD/ 1 BA1BR, 1BA$690
Grand Avenue Commons1 Bed, 1 bath1BR, 1BA$729
Atlas Apartments1BR/1.0BA1BR, 1BA$775
StonehengeOne Bed One Bath1BR, 1BA$775
Adam H Bartell LoftsVISTA1BR, 1BA$795
Arrasmith ApartmentsArrasmith, in Downtown Muncie Live a Little More!1BR, 1BA$810

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

As of September 21, 2026 the best value apartment in the New Lisbon area is the $0.81 price per square foot EXCALIBUR Model at Adam H Bartell Lofts starting from $895. The second greatest value New Lisbon apartment is the 3 bedroom Townhouse Model at City View Townhomes in the School neighborhood starting at $1,100 with a $1.02 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$0.81
City View Townhomes3 bedroom Townhouse3BR, 1.5BA$1.02
Silvertree CommunitiesLinden Place3BR, 2BA$0.41
The Lofts at RobertsThe Liberty2BR, 1BA$0.42
Townehouse Village ApartmentsTwo Bedroom Gas2BR, 1.5BA$1.01
Muncie Varsity House2 Bed, 2 Bath Renovated2BR, 2BA$0.67
Genesis Apartments1BD/ 1 BA1BR, 1BA$0.92
Atlas Apartments1BR/1.0BA1BR, 1BA$1.08
Grand Avenue Commons1 Bed, 1 bath1BR, 1BA$1.04
The Towers at Southdale Affordable Senior1 Bed/ 1 Bath1BR, 1BA$0.45

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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Navigating 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.

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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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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.

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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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See the most popular apartments and homes in New Lisbon, IN

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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 $610.

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 $416 at The Lofts at Roberts.

What is the most affordable New Lisbon Three Bedroom Apartment?

The best deal on a cheap New Lisbon Three Bedroom Apartment rental is at Muncie Varsity House and starts from $569.

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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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.

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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.

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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.