Cheap Apartments for Rent in Preble, IN from $500 (68 Rentals)

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

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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.

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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.

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Fulton Manor
Studio Apartments

Fulton Manor

922 Fulton StFort Wayne, IN 46802
  • Utilities Included
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Jefferson Place Villas
1 to 2 Bedroom Apartments

Jefferson Place Villas

720 Countryside DrOssian, IN 46777
  • Utilities Included

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.

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Sheridan Court
1 Bedroom Apartments

Sheridan Court

719 Union StFort Wayne, IN 46802
  • Utilities Included

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.

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Preble, IN Local Guide

Cheapest Available Preble Apartments for Rent and Nearby

 

The cheapest available apartment rental in Preble, 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 Preble 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
The Meridian (Waterloo Gardens)Premium 1 BED | 1 BATH1BR,1BA$680
Garrison Flats1 Bedroom1BR,1BA$695
Fulton Manor0BR/1.0BAStudio,1BA$695
River Pointe TownhomesCozy Corner! Your Perfect 1 Bedroom Apartment!!...1BR,1BA$699
The Elex1 Bed, 1 bath1BR,1BA$704
Adam & Bruce Senior Housing ApartmentsEfficiencyStudio,1BA$759
Black Pine Flats1BR/1BA Classic1BR,1BA$779

Best Value Apartments for Rent in Preble, IN and Nearby

As of July 31, 2025 the best value apartment in the Preble area is the $0.90 price per square foot CLA 3BR/2.5BA TH 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 $1,530 with a $1.15 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 ListingModel NameBed/BathPrice Per Sq.Ft.
Coventry Court TownhomesCLA 3BR/2.5BA TH W/Patio3BR,2.5BA$0.90
The Village at Wayne Trace Homes2 Bedroom | Renovated2BR,2BA$1.15
Port O'Call ApartmentsManor3BR,2.5BA$0.98
Fairview CourtTwo Bedroom2BR,1.5BA$0.95
South Bridge ApartmentsTwo Bedroom One & One-Half Bath Seville Stackab...2BR,1.5BA$1.05
Villa Capri ApartmentsPrato1BR,1BA$0.86
The Elex1 Bed, 1 bath1BR,1BA$0.97
Sheridan Court1 Bed / 1 Bath1BR,1BA$1.23
Bluffton Park ApartmentsFire Up the Grill… and This Hot Move-In Offer!1BR,1BA$1.24
River Pointe TownhomesCozy Corner! Your Perfect 1 Bedroom Apartment!!...1BR,1BA$1.18

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Pet Friendly Lifestyle
Preble, IN

Ranked #157

Among cities in Indiana for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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

Explore Preble, IN Rentals by Map

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See the most popular apartments and homes in Preble, IN

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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 Emerald Square Apartments & Villas listed at $549.

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

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.

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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.

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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.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.