Cheap Homes for Rent in Paoli, IN from $800 (7 Rentals)

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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.

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.

Paoli, IN Local Guide

Cheapest Available Paoli Apartments for Rent and Nearby

 

The cheapest available apartment rental in Paoli, IN is a 1 Bed unit found at Mason Manor Apartments priced from $595. Brookview Glen in the Downtown New Albany neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $719. Here is today’s list of the most affordable Paoli apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Mason Manor Apartments31BR,1BA$595
Brookview GlenStudioStudio,1BA$719
Stonebrook of ScottsburgOne Bedroom, One Bath, 650 Sq Ft1BR,1BA$749

Best Value Apartments for Rent in Paoli, IN and Nearby

As of June 22, 2026 the best value apartment in the Paoli area is the $0.96 price per square foot The Arbor Model at Arbor Place Apartments in the in the Southern Indiana neighborhood starting from $1,150. The second greatest value Paoli apartment is the Villas of Heritage Springs Townhomes Model at Heritage Springs Rentals starting at $1,150 with a $1.00 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.
Arbor Place ApartmentsThe Arbor2BR,1.5BA$0.96
Heritage Springs RentalsVillas of Heritage Springs Townhomes3BR,1.5BA$1.00
Academy Park Apartments2 BEDROOM 2 BATHROOM2BR,2BA$1.12
Adelyn Apartments4229-82BR,2BA$1.03
Plaza Square Apartments2x12BR,1BA$1.00
Valley RidgeTwo Bedroom Townhome2BR,1BA$1.13
701-709 Etzler Dr2 Bedroom2BR,1BA$1.00
High Park Apartments2 Bedroom2BR,1BA$1.13
The Monroe1 Bedroom and 1 Bathroom1BR,1BA$1.12
Mason Manor Apartments31BR,1BA$1.08

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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Quick 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.

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

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Frequently Asked Questions about Paoli

What type of rentals are currently available in Paoli?

There are currently 62 Apartments for Rent in Paoli, IN with pricing that ranges from $595 to $3,455. There are also 38 Single Family Homes for rent, Condos, and Townhome rentals currently available in Paoli ranging from $800 to $3,800.

What is the current price range for Rental Homes in Paoli?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Paoli ranges from $800 to $3,800 with an average monthly rent of $1,876.

How much are larger Three and Four Bedroom Rentals in Paoli?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Paoli range from $806 to $3,045, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,000 to $3,300. Four Bedroom Single-Family rentals are also available starting from $1,400 and Four Bedroom Apartments start at $3,455.

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

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

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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.