Cheap Apartments for Rent in Parker City, IN from $300 (13 Rentals)

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

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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.

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The Cedars
1 Bedroom Apartments

The Cedars

1010 W Bethel RdMuncie, IN 47303
Student Housing

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Parker City, IN Local Guide

Cheapest Available Parker City Apartments for Rent and Nearby

 

The cheapest available apartment rental in Parker City, IN is a 4 Beds unit found at The Haven in the Westacres neighborhood priced from $540. Yugo Muncie Varsity House in the Westacres neighborhood has the second lowest priced unit, which is a 3 Beds apartment currently listed from $569. Here is today’s list of the most affordable Parker City apartments for rent:

Apartment ListingModel NameBed/BathPriced From
The Haven4x44BR,4BA$540
Yugo Muncie Varsity House3 Bed, 3 Bath Classic Renovated3BR,3BA$569
ApplegateStudio - 288 sqftStudio,1BA$669
Grand Avenue Commons1 Bed, 1 bath1BR,1BA$709
Beckford PlaceOne Bed One Bath1BR,1BA$729

Best Value Apartments for Rent in Parker City, IN and Nearby

As of February 20, 2026 the best value apartment in the Parker City area is the $0.62 price per square foot 2BD/2BA Furnished Premium Model at University Village in the in the Westacres neighborhood starting from $809. The second greatest value Parker City apartment is the Maynardville Classic 76 Model at Golden Pebble Estates starting at $1,214 with a $1.00 price per square foot . Here is today’s list of the best values for Parker City apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
University Village2BD/2BA Furnished Premium2BR,2BA$0.62
Golden Pebble EstatesMaynardville Classic 763BR,2BA$1.00
Delaware AcresPulse 60162BR,2BA$1.07
Silvertree CommunitiesEverbrook Townhomes2BR,1.5BA$0.70
Hoosier Woods2X2 60%2BR,2BA$0.95
Yugo Muncie Varsity House2 Bed, 2 Bath Renovated2BR,2BA$0.90
Arrasmith Apartments1BR/1.0BA1BR,1BA$0.90
424 Lofts1 bedroom1BR,1BA$1.09
Freedom Acres MHCBlazer Extreme2BR,1BA$1.08
Grand Avenue Commons1 Bed, 1 bath1BR,1BA$1.01

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

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Frequently Asked Questions about Cheap Parker City Apartments

What is the Cheapest Studio apartment in Parker City?

Currently the most affordable Cheap Studio Apartment in Parker City is at Applegate listed at $674.

How much is rent for a Cheap One Bedroom Parker City Apartment?

The lowest price for a Cheap One Bedroom Parker City Apartment is $709 at Grand Avenue Commons.

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

Today's best deal for a Cheap Two Bedroom Apartment in Parker City is starting from $720 at The Haven.

What is the most affordable Parker City Three Bedroom Apartment?

The best deal on a cheap Parker City Three Bedroom Apartment rental is at Yugo Muncie Varsity House and starts from $569.

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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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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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.