Cheap Apartments for Rent in New Richmond, IN from $500 (38 Rentals)

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

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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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.

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CNC Leasing Group
1 Bedroom Apartments

CNC Leasing Group

1214 Columbia StLafayette, IN 47901

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.

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property at 306 Meadow Ave

306 Meadow Ave

CrawfordsvilleIN47933

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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The Vintage
Studio Apartments

The Vintage

230 S Grant StWest Lafayette, IN 47906
Student Housing
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New Richmond, IN Local Guide

Cheapest Available New Richmond Apartments for Rent and Nearby

 

The cheapest available apartment rental in New Richmond, IN is a Studio unit found at Downtown Lafayette Living! in the Downtown Lafayette neighborhood priced from $595. Historic Downtown Apartments II in the Downtown Lafayette neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $800. Here is today’s list of the most affordable New Richmond apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Downtown Lafayette Living!StudioStudio,1BA$595
Historic Downtown Apartments II2x12BR,1BA$800
Pheasant RunThe Quail Run 1 BR 1 BA1BR,1BA$860
Crestview ApartmentsCrestview IIIStudio,1BA$870
The Luna FlatsLuna Flats - 2Bed/2Bath (2C)2BR,2BA$899
Winfield Farms - Garages Available1 Bedroom1BR,1BA$975
Vantage Pointe Apartments1x1 R1BR,1BA$993
Deerfield Commons ApartmentsDigby1BR,1BA$995
Cross Winds Apartments1x1 800 Sq Ft1BR,1BA$1,000
Concord CrossingWEA CREEK II Apartment: NEW Construction SOLD OUT!1BR,1BA$1,000

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

As of June 10, 2025 the best value apartment in the New Richmond area is the $0.93 price per square foot 4x3 D Model at Hub on Campus West Lafayette in the in the Downtown West Lafaytte neighborhood starting from $1,145. The second greatest value New Richmond apartment is the TEAYS Duplex Model at Concord Crossing starting at $1,715 with a $1.44 price per square foot . Here is today’s list of the best values for New Richmond apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Hub on Campus West Lafayette4x3 D4BR,3BA$0.93
Concord CrossingTEAYS Duplex2BR,2BA$1.44
The Press1BR/1.0BA1BR,1BA$1.38
Sagamore Winds Apartments2 Bed/2 Bath B2BR,2BA$1.38
Southridge CommonsB12BR,2BA$1.32
The Luna FlatsLuna Flats - 2Bed/2Bath (2C)2BR,2BA$0.99
Georgetown South2 Bedroom2BR,1BA$1.16
Elston Point2x1 R2BR,1BA$1.43
Cross Winds Apartments1x1 800 Sq Ft1BR,1BA$1.25
Historic Downtown Apartments II2x12BR,1BA$1.28

Quick 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.

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Pet Friendly Lifestyle
New Richmond, IN

Ranked #39

Among cities in Indiana for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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

Explore New Richmond, IN Rentals by Map

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

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Getting Around New Richmond, IN

Walk Score®

3 / 100

Car-Dependent

Almost all errands require a car

Bike Score®

25 / 100

Somewhat Bikeable

Minimal bike infrastructure

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

Frequently Asked Questions about Cheap New Richmond Apartments

What is the Cheapest Studio apartment in New Richmond?

Currently the most affordable Cheap Studio Apartment in New Richmond is at Downtown Lafayette Living! listed at $595.

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

The lowest price for a Cheap One Bedroom New Richmond Apartment is $795 at Downtown Lafayette Living!.

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

Today's best deal for a Cheap Two Bedroom Apartment in New Richmond is starting from $800 at Historic Downtown Apartments II.

What is the most affordable New Richmond Three Bedroom Apartment?

The best deal on a cheap New Richmond Three Bedroom Apartment rental is at Downtown Lafayette Living! and starts from $1,195.

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.