
Cheap Apartments for Rent in Patoka, IN from $300 (38 Rentals)
Search the lowest-cost Apartments available for rent right now in Patoka.


Anchor Court

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Lakewood Flats and Townhomes

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Valore at Hidden Hills

Fairway Plaza

Southern Meadows Senior Living

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Foxfire West Apartments

The Timbers Apartments

Total Monthly Price
Princeton Court
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.

TERRA TRACE

Woodbridge Place

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Bradford Pointe Apartments

North Park

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Market Street Apartments

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Western Hills

Sugar Mill Creek

Central Lofts

Mission Viejo Villas
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.

Total Monthly Price
Wabash Riverfront Flats

Westcott Apartments

Indian Trail Apartments

1900 N Willow Rd

1520 Main St

108 E Main St

316 E Eichel Ave

Valore at Pine Hills

414 S Prince St
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.

215 W Louisiana St

Eastland Apartments

528 N Main St

106 E Maryland St

658 E Louisiana St

1103 Broadway St

421 Reis Ave

1107 Georgia St

1608 Fountain Ave
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.

1671 Enlow Ave

722 S Race St
Patoka, IN Local Guide

How much does it cost to rent an apartment in Patoka?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Patoka Studio Apartments | $1,822 | $865 | $2,340 |
| Patoka 1 Bedroom Apartments | $1,093 | $599 | $3,410 |
| Patoka 2 Bedroom Apartments | $1,351 | $740 | $4,449 |
| Patoka 3 Bedroom Apartments | $1,481 | $1,249 | $2,299 |
| Patoka 4 Bedroom Apartments | $1,799 | $1,799 | $1,799 |
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Patoka, IN Local Guide
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Cheapest Available Patoka Apartments for Rent and Nearby
 The cheapest available apartment rental in Patoka, IN is a 1 Bed unit found at SPRING VALLEY FLATS in the Oakhill neighborhood priced from $599. Lakewood Flats and Townhomes in the Howell neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $670. Here is today’s list of the most affordable Patoka apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| SPRING VALLEY FLATS | The Redbud | 1BR,1BA | $599 |
| Lakewood Flats and Townhomes | 2 small wd | 2BR,1BA | $670 |
| Valore at Hidden Hills | The Dogwood - One Bedroom Apartment Home | 1BR,1BA | $675 |
| Foxfire West Apartments | 1.1 | 1BR,1BA | $785 |
| The Timbers Apartments | The Oak 1 BR 1 BA | 1BR,1BA | $787 |
| TERRA TRACE | The Dogwood | 1BR,1BA | $799 |
| Woodbridge Place | The Dogwood | 1BR,1BA | $799 |
| Bradford Pointe Apartments | INBFP 2x1 675sqft - Classic | 2BR,1BA | $805 |
| Princeton Court | 2 Bed 1 Bath | 2BR,1BA | $910 |
| Central Lofts | JJ | 2BR,1BA | $925 |
Best Value Apartments for Rent in Patoka, IN and Nearby
As of March 22, 2026 the best value apartment in the Patoka area is the $1.04 price per square foot 3BR Villa Model at Circle Point Villas in the starting from $1,595. The second greatest value Patoka apartment is the 3 Bedroom Townhome Model at Western Hills starting at $1,550 with a $1.07 price per square foot in the Howell neighborhood. Here is today’s list of the best values for Patoka apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Circle Point Villas | 3BR Villa | 3BR,2BA | $1.04 |
| Western Hills | 3 Bedroom Townhome | 3BR,2.5BA | $1.07 |
| Apartments @ 41 | 2BR/2.0BA | 2BR,2BA | $1.11 |
| North Park | Kensington | 2BR,1.5BA | $1.04 |
| Vail Estates Apartments | Two Bedroom One Bathroom | 2BR,1BA | $1.09 |
| Princeton Court | 2 Bed 1 Bath | 2BR,1BA | $1.05 |
| Mission Viejo Villas | B- Barcelona | 1BR,1BA | $1.16 |
| Wabash Riverfront Flats | 2BR/1.0BA | 2BR,1BA | $1.24 |
| Woodbridge Place | The Flowering Pink Dogwood | 1BR,1BA | $1.21 |
| Foxfire West Apartments | 1.1f | 1BR,1BA | $1.23 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
Read ArticleDon'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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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
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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Patoka, IN Rentals by Map
See the most popular apartments and homes in Patoka, IN
Frequently Asked Questions about Cheap Patoka Apartments
How much is rent for a Cheap One Bedroom Patoka Apartment?
The lowest price for a Cheap One Bedroom Patoka Apartment is $599 at SPRING VALLEY FLATS.
What is the lowest price for a Cheap Two Bedroom Patoka Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Patoka is starting from $670 at Lakewood Flats and Townhomes.
What is the most affordable Patoka Three Bedroom Apartment?
The best deal on a cheap Patoka Three Bedroom Apartment rental is at Woodbridge Place and starts from $1,249.
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

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.

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.

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.

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.