Cheap Homes for Rent in Pleasant Lake, IN from $600 (7 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
By AmenitiesDone
By Community TypeDone
Done

Search the lowest-cost Homes available for rent right now in Pleasant Lake.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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.

Pleasant Lake, IN Local Guide

Cheapest Available Pleasant Lake Apartments for Rent and Nearby

 

The cheapest available apartment rental in Pleasant Lake, IN is a 2 Beds unit found at Drake Terrace III priced from $741. Fawn River Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $909. Here is today’s list of the most affordable Pleasant Lake apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Drake Terrace III2 Bedroom2BR,1BA$741
Fawn River Apartments1 Bed1BR,1BA$909
Crosswait Estates ApartmentsTwo Bedroom2BR,1BA$919

Best Value Apartments for Rent in Pleasant Lake, IN and Nearby

As of June 15, 2026 the best value apartment in the Pleasant Lake area is the $1.05 price per square foot Townhomes Model at Evard Place - Solar Powered in the in the Northeast Fort Wayne neighborhood starting from $2,000. The second greatest value Pleasant Lake apartment is the Kensington Model at Union Club Apartments starting at $2,131 with a $1.21 price per square foot in the Pine Valley neighborhood. Here is today’s list of the best values for Pleasant Lake apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Evard Place - Solar PoweredTownhomes3BR,2.5BA$1.05
Union Club ApartmentsKensington3BR,2BA$1.21
Huntertown ApartmentsTwo Bedroom2BR,2.5BA$1.13
Emerald Pointe (55+ Senior Community)Hawthorne2BR,1.5BA$1.16
Griswold Estates ApartmentsTwo Bedroom One Bathroom2BR,1BA$1.08
Fawn River Apartments2 Bed2BR,1BA$1.09
Stoughton Estates ApartmentsTwo Bedroom2BR,1BA$1.24
Nelson Estates Apartments2Bed_1Bath2BR,1BA$1.11
Crosswait Estates ApartmentsTwo Bedroom2BR,1BA$0.96
Drake Terrace III2 Bedroom2BR,1BA$0.99

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 Article
Decorative image

Real 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 Article
Decorative image

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 Pleasant Lake, IN Rentals by Map

View Map
Pleasant Lake, IN Apartments Map
View Map
Pleasant Lake, IN Rental Homes Map

Frequently Asked Questions about Pleasant Lake

What type of rentals are currently available in Pleasant Lake?

There are currently 46 Apartments for Rent in Pleasant Lake, IN with pricing that ranges from $335 to $2,679. There are also 34 Single Family Homes for rent, Condos, and Townhome rentals currently available in Pleasant Lake ranging from $695 to $4,000.

What is the current price range for Rental Homes in Pleasant Lake?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Pleasant Lake ranges from $695 to $4,000 with an average monthly rent of $1,841.

How much are larger Three and Four Bedroom Rentals in Pleasant Lake?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Pleasant Lake range from $776 to $2,500, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,149 to $2,300. Four Bedroom Single-Family rentals are also available starting from $1,350 and Four Bedroom Apartments start at $2,560.

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

decorative image for How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide article

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

decorative image for Pet-Friendly Renting: Everything You Need to Know Before You Move article

Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

decorative image for Creative Ways Developers Reimagine Retail Spaces as Residential Units  article

Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

decorative image for Neighborhood and Market Insights: How to Choose the Right Area to Rent   article

Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.