
Cheap Apartments for Rent in Oakville, IN from $300 (42 Rentals)
Search the lowest-cost Apartments available for rent right now in Oakville.


The Haven

Applegate

River Landing Apartments

Bay Terrace Apartments

The Alan

Beckford Place

Grand Avenue Commons
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.

Arrasmith Apartments

Harter House

Longfellow Plaza Affordable Senior Community

Hoosier Woods

Woods Edge

Jamestown Village

Forest Oaks Apartments

6301 W Kilgore Ave
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.

Cedar Ridge Townhomes

Applecreek

424 Lofts

Colonial Crest Apartments

Normandy Apartments

Charles Commons

Kelso Apartments

Cross Lakes
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.

The Latitude Apartments

Modern Living. Connected Location. Rochester Manor in Muncie.

810 W 1st St

The Cedars Apartments

614 W Charles St

The Orchard

Labor Center Lofts

Sugarbush Apartments
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.

2815 S Elm St

1708 W 11th St

Fox Brook Apartments

1521 S Mulberry St

415 W 9th St

1404 E 24th St

101-103 N Redwood Ln

1623 E 20th St
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.

114 E 9th St

2112 W 11th St
Oakville, IN Local Guide

How much does it cost to rent an apartment in Oakville?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Oakville Studio Apartments | $738 | $550 | $900 |
| Oakville 1 Bedroom Apartments | $874 | $650 | $1,800 |
| Oakville 2 Bedroom Apartments | $1,046 | $560 | $1,650 |
| Oakville 3 Bedroom Apartments | $867 | $305 | $1,499 |
| Oakville 4 Bedroom Apartments | $596 | $449 | $1,373 |
Browse Top Apartments in Oakville
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Oakville, IN Local Guide
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Cheapest Available Oakville Apartments for Rent and Nearby
 The cheapest available apartment rental in Oakville, IN is a 4 Beds unit found at University Village in the Westacres neighborhood priced from $514. Flats at West End in the School neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $550. Here is today’s list of the most affordable Oakville apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| University Village | 4BD/2BA Furnished Premium | 4BR,2BA | $514 |
| Flats at West End | 0BR/1.0BA | Studio,1BA | $550 |
| The Haven | 4x4 | 4BR,4BA | $565 |
| Applegate | Studio Open - 288 sqft | Studio,1BA | $590 |
| Muncie Varsity House | 3 Bed, 3 Bath Classic Renovated | 3BR,3BA | $599 |
| The Alan | 1A 50% | 1BR,1BA | $712 |
| Grand Avenue Commons | 1 Bed, 1 bath | 1BR,1BA | $729 |
| Harter House | Rose | Studio,1BA | $779 |
| Longfellow Plaza Affordable Senior Community | Studio | Studio,1BA | $790 |
| Hoosier Woods | 3X2 HOME | 3BR,2BA | $803 |
Best Value Apartments for Rent in Oakville, IN and Nearby
As of May 31, 2026 the best value apartment in the Oakville area is the $0.89 price per square foot Prime FHB Model at Golden Pebble Estates in the starting from $1,399. The second greatest value Oakville apartment is the 4BD/2BA Furnished Premium Model at University Village starting at $514 with a $0.39 price per square foot in the Westacres neighborhood. Here is today’s list of the best values for Oakville apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Golden Pebble Estates | Prime FHB | 3BR,2BA | $0.89 |
| University Village | 4BD/2BA Furnished Premium | 4BR,2BA | $0.39 |
| Freedom Acres MHC | Pulse 7616 | 3BR,2BA | $0.94 |
| Silvertree Communities | Silvertree 3bd | 3BR,2BA | $0.39 |
| Muncie Varsity House | 2 Bed, 2 Bath Renovated | 2BR,2BA | $0.90 |
| Hoosier Woods | 1X1 60% | 1BR,1BA | $1.20 |
| Grand Avenue Commons | 1 Bed, 1 bath | 1BR,1BA | $1.04 |
| The Alan | 1A-HC 60% | 2BR,1BA | $1.27 |
| 6301 W Kilgore Ave | 1 Bed, 1 Bath | 1BR,1BA | $1.26 |
| Forest Oaks Apartments | 1 Bed 1 Bath (Down) | 1BR,1BA | $1.27 |
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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Oakville, IN Rentals by Map
See the most popular apartments and homes in Oakville, IN
Frequently Asked Questions about Cheap Oakville Apartments
What is the Cheapest Studio apartment in Oakville?
Currently the most affordable Cheap Studio Apartment in Oakville is at Flats at West End listed at $550.
How much is rent for a Cheap One Bedroom Oakville Apartment?
The lowest price for a Cheap One Bedroom Oakville Apartment is $690 at Flats at West End.
What is the lowest price for a Cheap Two Bedroom Oakville Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Oakville is starting from $769 at Muncie Varsity House.
What is the most affordable Oakville Three Bedroom Apartment?
The best deal on a cheap Oakville Three Bedroom Apartment rental is at The Haven and starts from $575.
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

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.

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.