Cheap Apartments for Rent in Paoli, IN from $300 (16 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
Lifestyle Matching SearchDone
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

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.

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.

close
View Me
Foxtail Pointe
2 to 3 Bedroom Apartments

Foxtail Pointe

8614 Highway 60Sellersburg, IN 47172
close
View Me
Ironton at Shoals
1 Bedroom Apartments

Ironton at Shoals

11708 Ironton RdShoals, IN 47581
  • Utilities Included

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

close
View Me
High Park Apartments
2 Bedroom Apartments

High Park Apartments

100 High Park DrNew Albany, IN 47150
  • Utilities Included

Paoli, IN Local Guide

Cheapest Available Paoli Apartments for Rent and Nearby

 

The cheapest available apartment rental in Paoli, IN is a Studio unit found at Brookview Glen in the Downtown New Albany neighborhood priced from $378. Stonebrook of Scottsburg has the second lowest priced unit, which is a 1 Bed apartment currently listed from $750. Here is today’s list of the most affordable Paoli apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Brookview GlenStudioStudio,1BA$378
Stonebrook of ScottsburgA11BR,1BA$750
Acadia CourtStudioStudio,1BA$760
Water's EdgeOne Bedroom Reservation List1BR,1BA$771
Willow RunStudioStudio,1BA$804

Best Value Apartments for Rent in Paoli, IN and Nearby

As of June 08, 2025 the best value apartment in the Paoli area is the $0.89 price per square foot 3 Bedroom 2 Bath Model at Knobs Pointe Apartments in the in the Southern Indiana neighborhood starting from $1,425. The second greatest value Paoli apartment is the Villas of Heritage Springs Apartments Model at Heritage Springs Rentals starting at $1,200 with a $1.03 price per square foot . Here is today’s list of the best values for Paoli apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Knobs Pointe Apartments3 Bedroom 2 Bath3BR,2BA$0.89
Heritage Springs RentalsVillas of Heritage Springs Apartments2BR,2BA$1.03
Academy Park Apartments2 BEDROOM 2 BATHROOM2BR,2BA$1.12
Sheffield SquareTwo Bedroom 2.5 Bath Townhome Ridge2BR,2.5BA$1.15
The Monroe2 Bedroom One & One Half Bathroom Deluxe2BR,1.5BA$1.16
Plaza Square Apartments2x12BR,1BA$1.00
Stone Creek Apartments I & II2 Bed 1 Bath2BR,1BA$0.95
High Park Apartments2 Bedroom2BR,1BA$1.00
Water's EdgeOne Bedroom Reservation List1BR,1BA$1.10
Brookview GlenStudioStudio ,1BA$0.95

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.

decorative image of people with a giant lease agreement

Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Paoli, IN Rentals by Map

View MapPaoli, IN Apartments MapView MapPaoli, IN Rental Homes Map

Getting Around Paoli, IN

Walk Score®

22 / 100

Car-Dependent

Almost all errands require a car

Bike Score®

15 / 100

Somewhat Bikeable

Minimal bike infrastructure

Frequently Asked Questions about Cheap Paoli Apartments

What is the Cheapest Studio apartment in Paoli?

Currently the most affordable Cheap Studio Apartment in Paoli is at Brookview Glen listed at $378.

How much is rent for a Cheap One Bedroom Paoli Apartment?

The lowest price for a Cheap One Bedroom Paoli Apartment is $549 at Brookview Glen.

What is the lowest price for a Cheap Two Bedroom Paoli Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Paoli is starting from $869 at High Park Apartments.

What is the most affordable Paoli Three Bedroom Apartment?

The best deal on a cheap Paoli Three Bedroom Apartment rental is at Water's Edge and starts from $1,006.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

decorative image for The Art of the Rental Viewing: What to look for during a property tour article

The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

decorative image for Know Your Budget: Calculating What You Can Realistically Afford When Renting article

Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

decorative image for The Freedom of Short-Term Leases: Exploring the Advantages for Renters article

The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

decorative image for Navigating the Rental Market: Tips for First-Time Renters article

Navigating the Rental Market: Tips for First-Time Renters

Written by: Sandy Baker

Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.