Cheap Apartments for Rent in Petroleum, IN from $300 (30 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
Lifestyle Matching SearchDone
Learn more about Lifestyle Search
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

close
View Me
Jefferson Place Villas
1 to 2 Bedroom Apartments

Jefferson Place Villas

720 Countryside DrOssian, IN 46777
  • Utilities Included
Showing Results 1-30, Page 1 of 1

Petroleum, IN Local Guide

Cheapest Available Petroleum Apartments for Rent and Nearby

 

The cheapest available apartment rental in Petroleum, IN is a Studio unit found at Emerald Square Apartments & Villas in the Southeast Fort Wayne neighborhood priced from $549. Villa Capri Apartments in the Continential Park neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $620. Here is today’s list of the most affordable Petroleum apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Emerald Square Apartments & VillasStudio Hickory MillStudio,1BA$549
Villa Capri ApartmentsPrato1BR,1BA$620
Waynedale Village ApartmentsStudioStudio,1BA$659
BECKFORD PLACE APARTMENTSApartment 1bd1BR,1BA$675
UB LoftsStudioStudio,1BA$680
Somerset ApartmentsOne Bedroom1BR,1BA$709
Adam & Bruce Senior Housing ApartmentsEfficiencyStudio,1BA$742
Black Pine Flats1BR/1BA Classic1BR,1BA$749
The Meridian (Waterloo Gardens)Premium 1 BED | 1 BATH1BR,1BA$755
Hickory Creek1 Bedroom Flat1BR,1BA$779

Best Value Apartments for Rent in Petroleum, IN and Nearby

As of September 10, 2025 the best value apartment in the Petroleum area is the $0.90 price per square foot CLA 3BR/2.5BA Townhome W/Patio Model at Coventry Court Townhomes in the in the Southwest Fort Wayne neighborhood starting from $1,399. The second greatest value Petroleum apartment is the 2 Bedroom Model at Thomas Jefferson Park starting at $850 with a $0.77 price per square foot . Here is today’s list of the best values for Petroleum apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Coventry Court TownhomesCLA 3BR/2.5BA Townhome W/Patio3BR,2.5BA$0.90
Thomas Jefferson Park2 Bedroom2BR,1.5BA$0.77
Fairview Court Apartments2 BR/1.5 BA2BR,1.5BA$0.95
Granton Place Apartments2 bedroom Flats2BR,1BA$0.86
Delaware AcresPulse 60162BR,2BA$1.18
OAK TERRACE APARTMENTS2 bedroom townhome2BR,1BA$0.96
PARK FOREST APARTMENTS2BR/1.0BA2BR,1BA$1.03
Turnberry Square Apartments2 bed/2 bath2BR,2BA$1.19
Somerset ApartmentsOne Bedroom1BR,1BA$0.98
Villa Capri ApartmentsPrato1BR,1BA$0.86

Quick 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.

decorative image of people with a giant lease agreement

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

Explore Petroleum, IN Rentals by Map

Decorative image of map

See the most popular apartments and homes in Petroleum, IN

View Map
Petroleum, IN Apartments Map
View Map
Petroleum, IN Rental Homes Map

Frequently Asked Questions about Cheap Petroleum Apartments

What is the Cheapest Studio apartment in Petroleum?

Currently the most affordable Cheap Studio Apartment in Petroleum is at Emerald Square Apartments & Villas listed at $549.

How much is rent for a Cheap One Bedroom Petroleum Apartment?

The lowest price for a Cheap One Bedroom Petroleum Apartment is $620 at Villa Capri Apartments.

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

Today's best deal for a Cheap Two Bedroom Apartment in Petroleum is starting from $739 at Villa Capri Apartments.

What is the most affordable Petroleum Three Bedroom Apartment?

The best deal on a cheap Petroleum Three Bedroom Apartment rental is at Emerald Square Apartments & Villas and starts from $929.

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.

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

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.

decorative image for The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro article

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.

decorative image for Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting article

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Written by: Christine Leonard, Esq.

Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.