Cheap Homes for Rent in Parker City, IN from $500 (11 Rentals)

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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 1 Bed unit found at Grand Avenue Commons priced from $376. Flats at West End in the School neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $450. Here is today’s list of the most affordable Parker City apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Grand Avenue Commons1 Bed, 1 bath1BR,1BA$376
Flats at West EndStudio, 1 bathStudio,1BA$450
The Haven4x44BR,4BA$530
Yugo Muncie Varsity House3 Bed, 3 Bath Classic Renovated3BR,3BA$569
Maple Leaf Apartments1BR/1.0BA1BR,1BA$675

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

As of September 19, 2025 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 3x1.5 R Model at Canterbury Townhomes starting at $1,438 with a $1.11 price per square foot in the Westacres neighborhood. 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
Canterbury Townhomes3x1.5 R3BR,1.5BA$1.11
Golden Pebble EstatesNorthstar3BR,2BA$1.07
Delaware AcresPulse 60162BR,2BA$1.16
The Latitude Apartments2 Bedroom PCR2BR,2BA$1.15
Yugo Muncie Varsity House2 Bed, 2 Bath Renovated2BR,2BA$0.89
Silvertree CommunitiesSilvertree 2bd2BR,1BA$0.72
Grand Avenue Commons1 Bed, 1 bath1BR,1BA$0.54
6301 W Kilgore Ave1 Bed, 1 Bath1BR,1BA$1.18
Maple Leaf Apartments1BR/1.0BA1BR,1BA$1.08

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

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Frequently Asked Questions about Parker City

What type of rentals are currently available in Parker City?

There are currently 47 Apartments for Rent in Parker City, IN with pricing that ranges from $350 to $1,800. There are also 34 Single Family Homes for rent, Condos, and Townhome rentals currently available in Parker City ranging from $595 to $1,750.

What is the current price range for Rental Homes in Parker City?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Parker City ranges from $595 to $1,750 with an average monthly rent of $1,231.

How much are larger Three and Four Bedroom Rentals in Parker City?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Parker City range from $350 to $1,438, while Three Bedroom Homes, Condos, and Townhomes for rent range from $695 to $1,485. Four Bedroom Single-Family rentals are also available starting from $1,400 and Four Bedroom Apartments start at $350.

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.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

decorative image for Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between article

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.