
Cheap Apartments for Rent near Redkey, IN from $340 (43 Rentals)
Search the lowest-cost Apartments available for rent right now in Redkey.


The Haven

River Landing Apartments

Maple Leaf Apartments

Flats at West End

Arrasmith Apartments

Woods Edge

City View Townhomes
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.

Forest Oaks Apartments

6301 W Kilgore Ave

The Alan

Total Monthly Price
Labor Center Lofts

Fieldcrest Apartments

Colonial Crest Apartments

Normandy Apartments

Eaton Residence
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.

OAK TERRACE APARTMENTS

Turnberry Square Apartments

Kelso Place Apartments

Walnut Manor Apartments

Cross Lakes

White River Lofts

Rochester Manor

501 N Main 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.

216 S 2nd St

Senior Living 55+ - Historic Gallatin Square

The Cedars Apartments

244 S Mann Ave

302 N Meridian St

801-B W Riverside Ave

801-D W Riverside Ave

408 E North St
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.

The Orchard

909 N Brady St

1392 N 200 W

758 Beeson Dr

Sugarbush Apartments

Thomas Jefferson Park

424 Lofts

2700 E Memorial Dr
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.

Come home to Granton Place today!

545 N Broadway St

308 New York St
Redkey, IN Local Guide

How much does it cost to rent an apartment in Redkey?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Redkey Studio Apartments | $900 | $900 | $900 |
| Redkey 1 Bedroom Apartments | $927 | $352 | $1,800 |
| Redkey 2 Bedroom Apartments | $1,065 | $709 | $1,650 |
| Redkey 3 Bedroom Apartments | $957 | $340 | $1,750 |
| Redkey 4 Bedroom Apartments | $693 | $449 | $1,700 |
Browse Top Apartments in Redkey
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Redkey, IN Local Guide
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Cheapest Available Redkey Apartments for Rent and Nearby
 The cheapest available apartment rental in Redkey, IN is a 2 Beds unit found at The Lofts at Roberts in the School neighborhood priced from $416. The Haven in the Westacres neighborhood has the second lowest priced unit, which is a 4 Beds apartment currently listed from $565. Here is today’s list of the most affordable Redkey apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Lofts at Roberts | The Liberty | 2BR,1BA | $416 |
| The Haven | 4x4 | 4BR,4BA | $565 |
| Muncie Varsity House | 3 Bed, 3 Bath Plus | 3BR,3BA | $569 |
| Arrasmith Apartments | Arrasmith, in Downtown Muncie Live a Little More! | 1BR,1BA | $810 |
| City View Townhomes | 2 Bedroom Townhome | 2BR,1BA | $838 |
| 6301 W Kilgore Ave | 1 Bed, 1 Bath | 1BR,1BA | $850 |
| Forest Oaks Apartments | 1 Bed 1 Bath (Down) | 1BR,1BA | $850 |
| The Alan | 1A-HC 60% | 2BR,1BA | $870 |
| Labor Center Lofts | 1BR/1.0BA | 1BR,1BA | $880 |
| Colonial Crest Apartments | Unfurnished Studio | 1BR,1BA | $900 |
Best Value Apartments for Rent in Redkey, IN and Nearby
As of September 10, 2026 the best value apartment in the Redkey area is the $0.84 price per square foot 3 Bedroom Townhome Model at Come home to Granton Place today! in the starting from $1,125. The second greatest value Redkey apartment is the 2BD + Den/2BA Unfurnished Premium Model at University Village starting at $779 with a $0.60 price per square foot in the Westacres neighborhood. Here is today’s list of the best values for Redkey apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Come home to Granton Place today! | 3 Bedroom Townhome | 3BR,1.5BA | $0.84 |
| University Village | 2BD + Den/2BA Unfurnished Premium | 2BR,2BA | $0.60 |
| City View Townhomes | 3 bedroom Townhouse | 3BR,1.5BA | $1.02 |
| Silvertree Communities | Linden Place | 3BR,2BA | $0.41 |
| The Lofts at Roberts | The Liberty | 2BR,1BA | $0.42 |
| The Latitude Apartments | 2x2 Upgrade | 2BR,2BA | $1.17 |
| Muncie Varsity House | 2 Bed, 2 Bath Renovated | 2BR,2BA | $0.67 |
| Labor Center Lofts | 1BR/1.0BA | 1BR,1BA | $1.13 |
| Eaton Residence | Move in Ready Premium Style 2-Bedroom Apartment... | 2BR,1BA | $1.18 |
| *Newly Renovated* Premium Style 2-4 BD Apartment Home | 2 Beds, 1 bath | 2BR,1BA | $0.94 |
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 ArticleNavigating 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.
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
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 Redkey, IN Rentals by Map
See the most popular apartments and homes in Redkey, IN
Frequently Asked Questions about Cheap Redkey Apartments
How much is rent for a Cheap One Bedroom Redkey Apartment?
The lowest price for a Cheap One Bedroom Redkey Apartment is $810 at Arrasmith Apartments.
What is the lowest price for a Cheap Two Bedroom Redkey Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Redkey is starting from $416 at The Lofts at Roberts.
What is the most affordable Redkey Three Bedroom Apartment?
The best deal on a cheap Redkey Three Bedroom Apartment rental is at Muncie Varsity House and starts from $569.
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.

Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
Written by: Robin Stewart
Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

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.