Cheap Apartments for Rent in New Richmond, IN from $700 (53 Rentals)

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

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The Laurel Flats Apartments
$784 - $1,485
Total Monthly Price

Total Monthly Price

Base Rent
$769 - $1,470
Required Monthly Fees
$15
Total Monthly Price
$784 - $1,485
Studio to 2 Bedroom Apartments Available Mar 6

The Laurel Flats Apartments

201 E Jefferson StCrawfordsville, IN 47933
  • Verified
  • Low Income
  • 3D Tour

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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Anvil 38 Apartments
Rent Specials
$976 - $2,379
Total Monthly Price

Total Monthly Price

Base Rent
$961 - $2,364
Required Monthly Fees
$15
Total Monthly Price
$976 - $2,379
Studio to 3 Bedroom Apartments Available Now

Anvil 38 Apartments

3977 State Rd 38ELafayette, IN 47905
Student Housing
  • Verified
  • Customer Reviewed
  • Utilities Included
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McCarty Place Apartments
$1,012 - $1,646
Total Monthly Price

Total Monthly Price

Base Rent
$1,012 - $1,646
Total Monthly Price
$1,012 - $1,646
1 to 3 Bedroom Apartments Contact Us For Availability

McCarty Place Apartments

3545 McCarty LnLafayette, IN 47905
  • Verified
  • Smoke Free

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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2803 S. Beck Lane
Studio to 1 Bedroom Apartments

2803 S. Beck Lane

2803-2807 Beck LnLafayette, IN 47909
  • Utilities Included
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The Vintage
Studio Apartments

The Vintage

230 S Grant StWest Lafayette, IN 47906
Student Housing

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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Georgetown South
1 to 2 Bedroom Apartments

Georgetown South

1855 Shoshone DrLafayette, IN 47909
  • Utilities Included

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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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 $750. Pheasant Run has the second lowest priced unit, which is a 1 Bed apartment currently listed from $793. Here is today’s list of the most affordable New Richmond apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Downtown Lafayette Living!StudioStudio,1BA$750
Pheasant RunThe Quail Run 1 BR 1 BA1BR,1BA$793
Where Comfort Meets Value1 Bedroom1BR,1BA$795
Historic Downtown Apartments II2x12BR,1BA$800
The Luna FlatsLuna Flats - 2Bed/2Bath (2C) #212 - Offering $1...2BR,2BA$850
Southridge CommonsS1Studio,1BA$895
The PressStudioStudio,1BA$900
Winfield Farms - Garages Available1 Bedroom1BR,1BA$975
Deerfield Commons ApartmentsDigby1BR,1BA$995
Cross Winds Apartments1 Bed/1 Bath1BR,1BA$1,000

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

As of February 21, 2026 the best value apartment in the New Richmond area is the $1.27 price per square foot 2BR/2.5BA Model at Brownstone Condominiums in the in the Downtown Lafayette neighborhood starting from $2,250. The second greatest value New Richmond apartment is the Grand Model at Avalon Bluffs starting at $2,200 with a $1.39 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.
Brownstone Condominiums2BR/2.5BA2BR,2.5BA$1.27
Avalon BluffsGrand3BR,2BA$1.39
Windemere Apartments3 bed 2 bath Renovated3BR,2BA$1.26
Sagamore Winds Apartments2 Bed/2 Bath B2BR,2BA$1.40
Cypress SquareB12BR,1BA$1.33
Twyckenham ApartmentsTwo bedroom2BR,1BA$1.36
Southern Winds Apartments1 Bed/1 Bath1BR,1BA$1.42
Cross Winds Apartments1 Bed/1 Bath1BR,1BA$1.25
Where Comfort Meets Value1 Bedroom1BR,1BA$1.14
Historic Downtown Apartments II2x12BR,1BA$1.28

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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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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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 Richmond, IN Rentals by Map

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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 $750.

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

The lowest price for a Cheap One Bedroom New Richmond Apartment is $793 at Pheasant Run.

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 $1,100.

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 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.

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.