
Cheap Homes for Rent near Redkey, IN from $400 (8 Rentals)
Search the lowest-cost Homes available for rent right now in Redkey.


201 S 2nd St

503 1/2 Richmond St

302 N Meridian St
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.

801-B W Riverside Ave

801-D W Riverside Ave

408 E North St

6318 E Piccadilly Rd
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.
Redkey, IN Local Guide

How much does it cost to rent a home in Redkey?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Redkey 2 Bedroom Homes for Rent | $1,011 | $575 | $1,400 |
| Redkey 3 Bedroom Homes for Rent | $1,210 | $467 | $2,300 |
| Redkey 4 Bedroom Homes for Rent | $1,343 | $1,200 | $1,500 |
| Redkey 5 Bedroom Homes for Rent | $2,100 | $2,100 | $2,100 |
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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. Muncie Varsity House in the Westacres neighborhood has the second lowest priced unit, which is a 3 Beds apartment currently listed from $569. 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 |
| Muncie Varsity House | 3 Bed, 3 Bath Plus | 3BR,3BA | $569 |
| Labor Center Lofts | 1BR/1.0BA | 1BR,1BA | $660 |
Best Value Apartments for Rent in Redkey, IN and Nearby
As of August 02, 2026 the best value apartment in the Redkey area is the $1.12 price per square foot 3x1.5 R Model at Canterbury Townhomes in the in the Westacres neighborhood starting from $1,460. The second greatest value Redkey apartment is the 3x2 Upgrade Model at The Latitude Apartments starting at $1,199 with a $1.02 price per square foot in the North Muncie 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. |
|---|---|---|---|
| Canterbury Townhomes | 3x1.5 R | 3BR,1.5BA | $1.12 |
| The Latitude Apartments | 3x2 Upgrade | 3BR,2BA | $1.02 |
| Walnut Manor Apartments | WM 3x2 R | 3BR,2BA | $1.22 |
| Silvertree Communities | Linden Place | 3BR,2BA | $0.81 |
| The Lofts at Roberts | The Liberty | 2BR,1BA | $0.42 |
| Fox Brook Apartments | 2x1 R | 2BR,1BA | $1.21 |
| Muncie Varsity House | 2 Bed, 2 Bath Renovated | 2BR,2BA | $0.67 |
| Labor Center Lofts | 1BR/1.0BA | 1BR,1BA | $0.85 |
| Eaton Residence | *Newly Renovated* Premium Style 2-Bedroom Apart... | 2BR,1BA | $1.11 |
| *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 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.
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Remember the 3 Rules of Real Estate:Location, Location, Location!
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Frequently Asked Questions about Redkey
What type of rentals are currently available in Redkey?
There are currently 54 Apartments for Rent in Redkey, IN with pricing that ranges from $352 to $1,800. There are also 36 Single Family Homes for rent, Condos, and Townhome rentals currently available in Redkey ranging from $467 to $2,300.
What is the current price range for Rental Homes in Redkey?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Redkey ranges from $467 to $2,300 with an average monthly rent of $1,116.
How much are larger Three and Four Bedroom Rentals in Redkey?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Redkey range from $410 to $1,750, while Three Bedroom Homes, Condos, and Townhomes for rent range from $467 to $2,300. Four Bedroom Single-Family rentals are also available starting from $1,200 and Four Bedroom Apartments start at $449.
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.

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.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.