
Cheap Homes for Rent in Oakland City, IN from $600 (12 Rentals)
Search the lowest-cost Homes available for rent right now in Oakland City.


1520 Main St

107 S 3rd St

5054 IN-56

102 N Seminary St

5560 E Virginia St
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.

2501 N Evans Ave

1044 N Eskew Rd

1103 Broadway St

402 E Broadway St

1111 Stanley Ave

444 E Eble Rd
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.
Oakland City, IN Local Guide

How much does it cost to rent a home in Oakland City?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Oakland City 2 Bedroom Homes for Rent | $1,143 | $900 | $1,375 |
| Oakland City 3 Bedroom Homes for Rent | $1,542 | $900 | $2,200 |
| Oakland City 4 Bedroom Homes for Rent | $2,600 | $2,600 | $2,600 |
| Oakland City 5 Bedroom Homes for Rent | $3,200 | $3,200 | $3,200 |
Browse Top Homes for Rent in Oakland City
Explore Oakland City
Oakland City, IN Local Guide
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Cheapest Available Oakland City Apartments for Rent and Nearby
 The cheapest available apartment rental in Oakland City, IN is a 1 Bed unit found at SPRING VALLEY FLATS in the Oakhill neighborhood priced from $599. Valoré at Hidden Hills in the Outer Central North neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $675. Here is today’s list of the most affordable Oakland City apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| SPRING VALLEY FLATS | The Redbud | 1BR,1BA | $599 |
| Valoré at Hidden Hills | The Dogwood - One Bedroom Apartment Home | 1BR,1BA | $675 |
| Shannon Glenn | McConnell | 2BR,1BA | $710 |
| Fairway Plaza | 2 Bedroom | 2BR,1BA | $740 |
| TERRA TRACE | The Dogwood | 1BR,1BA | $749 |
Best Value Apartments for Rent in Oakland City, IN and Nearby
As of June 05, 2026 the best value apartment in the Oakland City area is the $1.15 price per square foot 3BR/2.0BA Model at Apartments@41 in the in the Business 41 neighborhood starting from $1,600. The second greatest value Oakland City apartment is the Kensington Model at North Park starting at $1,199 with a $1.00 price per square foot in the Mt Auburn neighborhood. Here is today’s list of the best values for Oakland City apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Apartments@41 | 3BR/2.0BA | 3BR,2BA | $1.15 |
| North Park | Kensington | 2BR,1.5BA | $1.00 |
| River Club | Delaware - Renovated | 2BR,1BA | $1.27 |
| Baldwin Heights | 2 Bedroom | 2BR,1BA | $1.18 |
| Pavilion Lakes Apartments | The Monroe | 2BR,1.5BA | $1.30 |
| Liv at Locust Creek | Vienna | 2BR,2BA | $1.28 |
| Vail Estates Apartments | Two Bedroom One Bathroom | 2BR,1BA | $1.10 |
| Shannon Glenn | Killarney | 2BR,1.5BA | $1.28 |
| TERRA TRACE | The Dogwood | 1BR,1BA | $1.18 |
| Valoré at Hidden Hills | The Pine - One Bedroom Apartment Home | 1BR,1BA | $1.25 |
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.
Best Local Schools in Oakland City, IN
Oakland City Elementary School
Waldo J Wood Memorial High
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Oakland City, IN Rentals by Map
See the most popular apartments and homes in Oakland City, IN
Frequently Asked Questions about Oakland City
What type of rentals are currently available in Oakland City?
There are currently 41 Apartments for Rent in Oakland City, IN with pricing that ranges from $600 to $4,449. There are also 29 Single Family Homes for rent, Condos, and Townhome rentals currently available in Oakland City ranging from $650 to $3,200.
What is the current price range for Rental Homes in Oakland City?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Oakland City ranges from $650 to $3,200 with an average monthly rent of $1,687.
How much are larger Three and Four Bedroom Rentals in Oakland City?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Oakland City range from $1,315 to $2,046, while Three Bedroom Homes, Condos, and Townhomes for rent range from $900 to $2,200. Four Bedroom Single-Family rentals are also available starting from $2,600 and Four Bedroom Apartments start at $1,849.
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

Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.

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.

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.