
Cheap Homes for Rent near Patoka, IN from $500 (15 Rentals)
Search the lowest-cost Homes available for rent right now in Patoka.


110 Daleview Dr

100 Daleview Dr

1103 Broadway St

1931 College Ave
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

2025 College Ave

1520 Main St

220 S Main St

202 E Main St

108 E Main St
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

527 N Lemcke Ave

1306 W Missouri St

422 Wedeking Ave

3509 N Kentucky Ave

720 Seminary St
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.
Patoka, IN Local Guide

How much does it cost to rent a home in Patoka?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Patoka 2 Bedroom Homes for Rent | $1,040 | $642 | $1,450 |
| Patoka 3 Bedroom Homes for Rent | $1,576 | $1,195 | $2,200 |
| Patoka 4 Bedroom Homes for Rent | $2,200 | $1,350 | $2,550 |
| Patoka 5 Bedroom Homes for Rent | $4,000 | $3,200 | $4,800 |
Browse Top Homes for Rent in Patoka
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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. Western Hills Apartments in the Howell neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $630. 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 |
| Western Hills Apartments | Western Hills Apartments 1 - Bedroom | 1BR,1BA | $630 |
| Southern Meadows | 1 Bed Apt | 1BR,1BA | $650 |
| Valoré at Hidden Hills | The Dogwood - One Bedroom Apartment Home | 1BR,1BA | $675 |
| Bradford Pointe Apartments | INBFP 2x1 675sqft - Classic | 2BR,1BA | $725 |
Best Value Apartments for Rent in Patoka, IN and Nearby
As of August 20, 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 in the Gibson County neighborhood starting from $1,595. The second greatest value Patoka apartment is the 3 Bed, 2 Bath Model at The Westcott starting at $1,499 with a $1.15 price per square foot in the Fielding Court 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 |
| The Westcott | 3 Bed, 2 Bath | 3BR,2BA | $1.15 |
| Kimber Green Apartments | The Willow Townhome | 2BR,1.5BA | $1.10 |
| Apartments@41 | 1BR/1.0BA | 1BR,1BA | $1.19 |
| Baldwin Heights | 2 Bedroom | 2BR,1BA | $1.10 |
| Vail Estates Apartments | Two Bedroom One Bathroom | 2BR,1BA | $1.10 |
| North Park | Harrington | 2BR,1BA | $1.02 |
| Terra Trace Apartments | 2x1.5-936 | 2BR,1.5BA | $1.12 |
| Woodbridge Place Apartments | 1x1-700 | 1BR,1BA | $1.14 |
| Southern Meadows | 1 Bed Apt | 1BR,1BA | $1.19 |
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.
Read ArticleReal 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.
Read ArticleQuick Rent Budget Calculator
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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 Patoka
What type of rentals are currently available in Patoka?
There are currently 44 Apartments for Rent in Patoka, IN with pricing that ranges from $124 to $4,449. There are also 37 Single Family Homes for rent, Condos, and Townhome rentals currently available in Patoka ranging from $550 to $4,800.
What is the current price range for Rental Homes in Patoka?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Patoka ranges from $550 to $4,800 with an average monthly rent of $1,406.
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

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.