
Cheap Homes for Rent in Owensburg, IN from $900 (5 Rentals)
Search the lowest-cost Homes available for rent right now in Owensburg.


3900 S Rendy Ln
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.

5919 Catherine St

3611 W Tyler Ln
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.

5440 W Orchard Dr
Owensburg, IN Local Guide

How much does it cost to rent a home in Owensburg?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Owensburg 2 Bedroom Homes for Rent | $1,200 | $1,200 | $1,200 |
| Owensburg 3 Bedroom Homes for Rent | $1,991 | $1,018 | $3,300 |
| Owensburg 4 Bedroom Homes for Rent | $2,216 | $1,900 | $2,500 |
| Owensburg 5 Bedroom Homes for Rent | $3,000 | $3,000 | $3,000 |
| Owensburg 6 Bedroom Homes for Rent | $4,000 | $4,000 | $4,000 |
Browse Top Homes for Rent in Owensburg
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Owensburg, IN Local Guide
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Cheapest Available Owensburg Apartments for Rent and Nearby
 The cheapest available apartment rental in Owensburg, IN is a 1 Bed unit found at Ironton at Shoals priced from $745. 3 Square in the Downtown Bloomington IN neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $750. Here is today’s list of the most affordable Owensburg apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Ironton at Shoals | 1 Beds, 1 Baths | 1BR,1BA | $745 |
| 3 Square | H | Studio,1BA | $750 |
| Canadian Apartments | 1BR/1.0BA | 1BR,1BA | $750 |
Best Value Apartments for Rent in Owensburg, IN and Nearby
As of December 27, 2025 the best value apartment in the Owensburg area is the $0.92 price per square foot 3x3 Balcony - Classic Model at Park on Morton in the in the Downtown Bloomington IN neighborhood starting from $1,189. The second greatest value Owensburg apartment is the 2 Bedroom, 2 Bath Model at Walnut Springs starting at $1,100 with a $1.00 price per square foot . Here is today’s list of the best values for Owensburg apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Park on Morton | 3x3 Balcony - Classic | 3BR,3BA | $0.92 |
| Walnut Springs | 2 Bedroom, 2 Bath | 2BR,2BA | $1.00 |
| Woodland Springs | 3 Bedroom | 3BR,1BA | $1.19 |
| Forest Ridge | Chestnut | 2BR,2BA | $1.45 |
| The League Bloomington | 2x2 | 2BR,2BA | $1.40 |
| The Stratum at Indiana | 2x2 | 2BR,2BA | $0.95 |
| The Monroe | B2 | 2BR,2BA | $1.15 |
| Union at Crescent | 1 Bed 1 Bath | 1BR,1BA | $1.28 |
| Ironton at Shoals | 1 Beds, 1 Baths | 1BR,1BA | $1.15 |
| 522 E 3rd St | Studio | Studio ,1BA | $1.50 |
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 ArticleThe 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.
Read ArticleCash 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.
Read ArticleQuick Rent Budget Calculator
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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.
Pet Friendly LifestyleOwensburg, IN
Ranked #66
Among cities in Indiana for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
2.5Pet Friendly
Remember the 3 Rules of Real Estate:Location, Location, Location!
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Frequently Asked Questions about Owensburg
What type of rentals are currently available in Owensburg?
There are currently 54 Apartments for Rent in Owensburg, IN with pricing that ranges from $650 to $5,500. There are also 31 Single Family Homes for rent, Condos, and Townhome rentals currently available in Owensburg ranging from $990 to $4,000.
What is the current price range for Rental Homes in Owensburg?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Owensburg ranges from $990 to $4,000 with an average monthly rent of $2,232.
How much are larger Three and Four Bedroom Rentals in Owensburg?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Owensburg range from $885 to $3,750, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,018 to $3,300. Four Bedroom Single-Family rentals are also available starting from $1,900 and Four Bedroom Apartments start at $739.
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

How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips
Written by: Justin Habersaat
Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.

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.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!