
Cheap Apartments for Rent in Preble, IN from $500 (68 Rentals)
Search the lowest-cost Apartments available for rent right now in Preble.


Villa Capri Apartments

Bridgedale Terrace Apartments

PINE GROVE APARTMENTS

River Pointe Townhomes

The Elex - B

Woodhaven Oaks

Emerald Square Villas

Adam & Bruce Senior Housing Apartments

Port O'Call Apartments
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.

The Meridian (Waterloo Gardens)

Jackson Manor Apartments

Black Pine Flats

Willow Creek Crossing

Three Rivers Apartments

Bluffton Park Apartments

South Bridge Apartments

Arbor Lakes Apartments

Sheridan Court

OAK TERRACE APARTMENTS
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.

Graystone Landing

Fairview Court Apartments

Hickory Creek Apartments

Coventry Court Townhomes

Premier Flats

Liberty Mills Apartments

CityScape Flats

Coral Club Apartments

Canal Flats Apartments

The Harrison
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.

Skyline Tower

Garrison Flats

Waynedale Village Apartments

Fulton Manor

4106 Bowser Ave

4145 Plaza Dr

4430 S Park Dr

Whispering Creek Apartments

Rockhill Manor

3415 Holton 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.

407 W Branning Ave

2065 E Lakeside Dr

Cameron Court Apartments

4003 Reed St

Anthony Wayne Villas and Flats

4015 E Pettit Ave

922 Hamilton Ave

4336 Spatz Ave

4901 Salem Ln

6918 Decatur Rd
Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
Preble, IN Local Guide

How much does it cost to rent an apartment in Preble?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Preble Studio Apartments | $929 | $742 | $1,329 |
| Preble 1 Bedroom Apartments | $1,092 | $610 | $2,355 |
| Preble 2 Bedroom Apartments | $1,323 | $685 | $2,784 |
| Preble 3 Bedroom Apartments | $1,874 | $849 | $4,963 |
| Preble 4 Bedroom Apartments | $1,792 | $1,099 | $2,374 |
Browse Top Apartments in Preble
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Preble, IN Local Guide
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Cheapest Available Preble Apartments for Rent and Nearby
 The cheapest available apartment rental in Preble, IN is a 1 Bed unit found at Villa Capri Apartments in the Continential Park neighborhood priced from $620. PINE GROVE APARTMENTS has the second lowest priced unit, which is a 1 Bed apartment currently listed from $691. Here is today’s list of the most affordable Preble apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Villa Capri Apartments | Prato | 1BR,1BA | $620 |
| PINE GROVE APARTMENTS | 1 BED 1 BATH | 1BR,1BA | $691 |
| River Pointe Townhomes | Cozy Corner! Your Perfect 1 Bedroom Apartment!!... | 1BR,1BA | $699 |
| The Elex - B | The Rose | 1BR,1BA | $704 |
| Emerald Square Villas | 2x1 Classic PV | 2BR,1BA | $739 |
| Adam & Bruce Senior Housing Apartments | Efficiency | Studio,1BA | $742 |
| The Meridian (Waterloo Gardens) | Premium 1 BED | 1 BATH | 1BR,1BA | $755 |
| Jackson Manor Apartments | One Bedroom | 1BR,1BA | $765 |
| Black Pine Flats | 1 Bedroom Upgrd 504 | 1BR,1BA | $799 |
| Three Rivers Apartments | s01a - Saint Ive | Studio,1BA | $799 |
Best Value Apartments for Rent in Preble, IN and Nearby
As of January 12, 2026 the best value apartment in the Preble 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 Preble apartment is the 2 Bedroom | Renovated Model at The Village at Wayne Trace Homes starting at $1,575 with a $1.18 price per square foot in the Southeast Fort Wayne neighborhood. Here is today’s list of the best values for Preble apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Coventry Court Townhomes | CLA 3BR/2.5BA Townhome W/Patio | 3BR,2.5BA | $0.90 |
| The Village at Wayne Trace Homes | 2 Bedroom | Renovated | 2BR,2BA | $1.18 |
| Fairview Court Apartments | 2x1.5 Townhome Upgrade | 2BR,1.5BA | $0.98 |
| Woodhaven Oaks | St. Joseph | 2BR,1.5BA | $1.13 |
| Emerald Square Villas | 2x1 Reno | 2BR,1BA | $0.91 |
| Port O'Call Apartments | Villa | 2BR,1.5BA | $1.09 |
| Villa Capri Apartments | Prato | 1BR,1BA | $0.86 |
| Willow Creek Crossing | The Pullman | 1BR,1BA | $1.21 |
| PINE GROVE APARTMENTS | 1 BED 1 BATH | 1BR,1BA | $1.03 |
| River Pointe Townhomes | Cozy Corner! Your Perfect 1 Bedroom Apartment!!... | 1BR,1BA | $1.18 |
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 ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
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 Preble, IN Rentals by Map
See the most popular apartments and homes in Preble, IN
Frequently Asked Questions about Cheap Preble Apartments
What is the Cheapest Studio apartment in Preble?
Currently the most affordable Cheap Studio Apartment in Preble is at Adam & Bruce Senior Housing Apartments listed at $742.
How much is rent for a Cheap One Bedroom Preble Apartment?
The lowest price for a Cheap One Bedroom Preble Apartment is $620 at Villa Capri Apartments.
What is the lowest price for a Cheap Two Bedroom Preble Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Preble is starting from $739 at Villa Capri Apartments.
What is the most affordable Preble Three Bedroom Apartment?
The best deal on a cheap Preble Three Bedroom Apartment rental is at River Pointe Townhomes and starts from $849.
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

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.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!