Cheap Apartments for Rent near New Richmond, IN from $499 (45 Rentals)

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

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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The Ridge 2
$950

Total Monthly Price

Base Rent$950
Total Monthly Price$950
2 Bedroom Apartments Contact Us For Availability

The Ridge 2

1421-1423 Sunset Ridge DrLafayette, IN 47905
Student Housing
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  • Utilities Included
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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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The Vintage
Studio Apartments

The Vintage

230 S Grant StWest Lafayette, IN 47906
Student Housing
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Washington Square
1 to 2 Bedroom Apartments

Washington Square

614 S Washington StCrawfordsville, IN 47933

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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2803 S. Beck Lane
Studio to 1 Bedroom Apartments

2803 S. Beck Lane

2803-2807 Beck LnLafayette, IN 47909
  • 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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Showing Results 1-45, Page 1 of 1

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 1 Bed unit found at Southfork Apartments in the Discovery Park neighborhood priced from $499. 420 S Chauncey Avenue in the Discovery Park neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $649. Here is today’s list of the most affordable New Richmond apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Southfork Apartments1BR/1.0BA1BR,1BA$499
420 S Chauncey Avenue1BR/1.0BA1BR,1BA$649
2712 bedroom/1 bath- rent by the room (female & ma...2BR,1BA$675
Crestview ApartmentsCrestview II2BR,1BA$800
Historic Downtown Apartments II2x12BR,1BA$800
Hub State Street4x2 Corner4BR,2BA$889
Cloverdale Heights1 BR/ 1 BA (includes $30 water sewer trash)1BR,1BA$890
Georgetown South1 Bedroom1BR,1BA$900
The PressStudioStudio,1BA$925
Downtown Lafayette Living!StudioStudio,1BA$965

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

As of September 07, 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
Twyckenham ApartmentsThree bedroom townhome3BR,1.5BA$1.37
Cross Winds Apartments2 Bed/2 Bath2BR,2BA$1.17
Shadeland Estates(Adventure) Shadeland Estates New Homes 3bd/2bt...3BR,2BA$1.28
Vantage Pointe Apartments2x1A R2BR,1BA$1.35
Southern Winds Apartments1 Bed/1 Bath1BR,1BA$1.42
Georgetown South2 Bedroom2BR,1BA$1.31
2712BR/1.0BA2BR,1BA$1.07
Historic Downtown Apartments II1 Bedroom1BR,1BA$1.42

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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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 #94

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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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 Crestview Apartments listed at $910.

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

The lowest price for a Cheap One Bedroom New Richmond Apartment is $499 at Southfork Apartments.

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 $675 at 271.

What is the most affordable New Richmond Three Bedroom Apartment?

The best deal on a cheap New Richmond Three Bedroom Apartment rental is at Shadeland Estates and starts from $970.

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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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.

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First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.