Cheap Apartments for Rent in New Richmond, IN from $500 (43 Rentals)

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

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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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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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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property at 210 Whitlock Ave

$625 - $925

1 To 2 Bedroom Rentals

Available Now

210 Whitlock Ave

CrawfordsvilleIN47933
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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

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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2803 S. Beck Lane
Studio to 1 Bedroom Apartments

2803 S. Beck Lane

2803-2807 Beck LnLafayette, IN 47909
  • Utilities Included

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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Showing Results 1-43, 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 Studio unit found at Pheasant Run priced from $762. 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
Pheasant RunThe Retriever StudioStudio,1BA$762
Historic Downtown Apartments II2x12BR,1BA$800
The Luna FlatsLuna Flats - 2-bed/2-bath (2C) - *PROMO PRICING*2BR,2BA$850
Cloverdale Heights1 BR/ 1 BA (includes $30 water sewer trash)1BR,1BA$890
Georgetown South1 Bedroom1BR,1BA$900
The Laurel Flats Apartments1D1BR,1BA$947
Vantage Pointe Apartments1x1 R1BR,1BA$955
Winfield Farms - Garages Available1 Bedroom1BR,1BA$975
Cross Winds Apartments1 Bed/1 Bath1BR,1BA$1,050
McCarty Place Apartments1 Bed 1 Bath1BR,1BA$1,084

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

As of May 27, 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 3 bed 2 bath Renovated Model at Windemere Apartments starting at $1,550 with a $1.22 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
Windemere Apartments3 bed 2 bath Renovated3BR,2BA$1.22
EVER West Lafayette4BR - D14BR,4BA$1.19
VERVE West Lafayette4BD/4BA - D24BR,4BA$1.20
Sagamore Winds Apartments2 Bed/2 Bath A2BR,2BA$1.38
Shadeland Estates(Adventure) Shadeland Estates New Homes 3bd/2bt...3BR,2BA$1.20
Cypress SquareB12BR,1BA$1.33
Twyckenham ApartmentsTwo bedroom2BR,1BA$1.36
Georgetown South2 Bedroom2BR,1BA$1.31
Cross Winds Apartments1 Bed/1 Bath1BR,1BA$1.31

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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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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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 Pheasant Run listed at $762.

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

The lowest price for a Cheap One Bedroom New Richmond Apartment is $825 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 Shadeland Estates and starts from $1,150.

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 A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back article

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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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.