805 S Walnut St
BrookstonIN47923
Cheap Homes for Rent in Rensselaer, IN from $700 (5 Rentals)
Search the lowest-cost Homes available for rent right now in Rensselaer.
3743 N 250 W
West LafayetteIN47906
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.
18 S 574 W
ValparaisoIN46385
4307 McClellan Ln
West LafayetteIN47906
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.
514 E Dahlgren St
Crown PointIN46307
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Rensselaer, IN Local Guide
Jasper County Courthouse by Chris Light is licensed under CC BY-SA 3.0
How much does it cost to rent a home in Rensselaer?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Rensselaer 2 Bedroom Homes for Rent | $1,274 | $775 | $2,000 |
| Rensselaer 3 Bedroom Homes for Rent | $2,265 | $1,450 | $4,500 |
| Rensselaer 4 Bedroom Homes for Rent | $2,660 | $1,785 | $3,600 |
| Rensselaer 5 Bedroom Homes for Rent | $2,995 | $2,995 | $2,995 |
Browse Top Homes for Rent in Rensselaer
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Rensselaer, IN Local Guide
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Cheapest Available Rensselaer Apartments for Rent and Nearby
The cheapest available apartment rental in Rensselaer, IN is a 3 Beds unit found at Launch in the Discovery Park neighborhood priced from $659. McCormick Manor in the Discovery Park neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $745. Here is today’s list of the most affordable Rensselaer apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Launch | 3B | 3BR,3BA | $659 |
| McCormick Manor | 2 Bedroom 2 Bath *per Bed Price | 2BR,2BA | $745 |
| Woods Edge | The Boilermaker | 1BR,1BA | $750 |
Best Value Apartments for Rent in Rensselaer, IN and Nearby
As of June 12, 2026 the best value apartment in the Rensselaer area is the $0.34 price per square foot 3 Bedroom x 3.5 Bathroom Townhouse Model at Lark West Lafayette Townhomes in the starting from $649. The second greatest value Rensselaer apartment is the 3 BD 1.5 BA Duplex Model at 52 Flats starting at $1,599 with a $1.23 price per square foot . Here is today’s list of the best values for Rensselaer apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Lark West Lafayette Townhomes | 3 Bedroom x 3.5 Bathroom Townhouse | 3BR,3.5BA | $0.34 |
| 52 Flats | 3 BD 1.5 BA Duplex | 3BR,1.5BA | $1.23 |
| VERVE West Lafayette | 4BD/4BA - D2 | 4BR,4BA | $1.20 |
| Lodge on the Trail | Dakota-PREM | 3BR,3BA | $0.55 |
| The Cottages on Lindberg | 2 BEDROOM 2.5 BATH | 2BR,2.5BA | $0.77 |
| The Fairway | EARLY MOVE IN AVAILABLE- Turnberry | Text to To... | 2BR,2BA | $0.78 |
| Wabash Lofts | 2x2 | 2BR,2BA | $0.88 |
| Madison Cottage of Rensselaer | 1x1 | 1BR,1BA | $1.14 |
| Woods Edge | The Boilermaker | 1BR,1BA | $1.07 |
| 271 S River Rd | 2BR/1.0BA | 2BR,1BA | $1.07 |
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
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.
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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.
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Best Local Schools in Rensselaer, IN
Van Rensselaer Elementary School
Rensselaer Central School Corp
Public School - Grades K-5 (321)
9 out of 10
Rensselaer Central High School
Rensselaer Central School Corp
Public School - Grades 9-12 (472)
6 out of 10
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Rensselaer, IN Rentals by Map
See the most popular apartments and homes in Rensselaer, IN
Frequently Asked Questions about Rensselaer
What type of rentals are currently available in Rensselaer?
There are currently 83 Apartments for Rent in Rensselaer, IN with pricing that ranges from $498 to $3,454. There are also 34 Single Family Homes for rent, Condos, and Townhome rentals currently available in Rensselaer ranging from $775 to $4,500.
What is the current price range for Rental Homes in Rensselaer?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Rensselaer ranges from $775 to $4,500 with an average monthly rent of $2,298.
How much are larger Three and Four Bedroom Rentals in Rensselaer?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Rensselaer range from $625 to $3,352, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,450 to $4,500. Four Bedroom Single-Family rentals are also available starting from $1,785 and Four Bedroom Apartments start at $575.
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
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.
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.
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.
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.