
Cheap Apartments for Rent near New Lisbon, IN from $300 (46 Rentals)
Search the lowest-cost Apartments available for rent right now in New Lisbon.


The Lofts at Roberts

City View Townhomes

River Landing Apartments

Academy Place Apartments

Genesis Apartments

Beckford Place

Grand Avenue Commons

Arrasmith Building
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.

Atlas Apartments

Flats at West End

Adam H Bartell Lofts

Chester Heights Apartments

Stonehenge

6301 W Kilgore Ave

Walnut Manor Apartments

Townehouse Village Apartments

The Alan
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.

424 Lofts

Jamestown Village

Colonial Crest Apartments

Normandy Apartments

Applecreek

Charles Commons

Kelso Place Apartments

The Latitude Apartments

Rochester Manor
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.

Voyager Apartments

317 SW 3rd St

2207 S Walnut St

The Crossings

The Cedars Apartments

1921 SW E St

230 Kinsey St

3201 W 26th St

1015 S Pittenger Rd
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.

The Orchard

Serenity

Hoosier Woods

309 W 11th St

Ivy Green

Royal Oaks Apartments

Fox Brook Apartments

1623 E 20th St

1106 E 22nd St
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.

7206 S Hibiscus Dr
New Lisbon, IN Local Guide

How much does it cost to rent an apartment in New Lisbon?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| New Lisbon Studio Apartments | $808 | $725 | $900 |
| New Lisbon 1 Bedroom Apartments | $901 | $250 | $1,800 |
| New Lisbon 2 Bedroom Apartments | $1,099 | $426 | $1,994 |
| New Lisbon 3 Bedroom Apartments | $986 | $305 | $1,934 |
| New Lisbon 4 Bedroom Apartments | $1,353 | $1,224 | $1,713 |
Browse Top Apartments in New Lisbon
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New Lisbon, IN Local Guide
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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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Towers at Southdale Affordable Senior | 1 Bed/ 1 Bath | 1BR,1BA | $250 |
| The Lofts at Roberts | The Liberty | 2BR,1BA | $416 |
| Muncie Varsity House | 3 Bed, 3 Bath Plus | 3BR,3BA | $569 |
| The Crossings | Studio | Studio,1BA | $610 |
| Labor Center Lofts | 1BR/1.0BA | 1BR,1BA | $660 |
| Academy Place Apartments | 1 BR 1 Bath | 1BR,1BA | $675 |
| Genesis Apartments | 1BD/ 1 BA | 1BR,1BA | $690 |
| Beckford Place | Studio | Studio,1BA | $725 |
| Grand Avenue Commons | 1 Bed, 1 bath | 1BR,1BA | $729 |
| Atlas Apartments | 1BR/1.0BA | 1BR,1BA | $775 |
Best Value Apartments for Rent in New Lisbon, IN and Nearby
As of July 26, 2026 the best value apartment in the New Lisbon area is the $1.01 price per square foot Blazer 76 4A Model at Crestwood MHC in the in the Henry County neighborhood starting from $1,224. The second greatest value New Lisbon apartment is the Pulse 7616 Model at Freedom Acres MHC starting at $1,139 with a $0.94 price per square foot in the Westacres neighborhood. Here is today’s list of the best values for New Lisbon apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Crestwood MHC | Blazer 76 4A | 4BR,2BA | $1.01 |
| Freedom Acres MHC | Pulse 7616 | 3BR,2BA | $0.94 |
| Adam H Bartell Lofts | EXCALIBUR | 2BR,1BA | $0.81 |
| Silvertree Communities | Linden Place | 3BR,2BA | $0.81 |
| The Lofts at Roberts | The Liberty | 2BR,1BA | $0.42 |
| Muncie Varsity House | 2 Bed, 2 Bath Renovated | 2BR,2BA | $0.67 |
| Academy Place Apartments | 1 BR 1 Bath | 1BR,1BA | $0.79 |
| Labor Center Lofts | 1BR/1.0BA | 1BR,1BA | $0.85 |
| Genesis Apartments | 1BD/ 1 BA | 1BR,1BA | $0.92 |
| The Towers at Southdale Affordable Senior | 1 Bed/ 1 Bath | 1BR,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.
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 New Lisbon, IN Rentals by Map
See the most popular apartments and homes in New Lisbon, IN
Frequently Asked Questions about Cheap New Lisbon Apartments
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

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.

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.

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.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.