Cheap Homes for Rent near Rensselaer, IN from $1,000 (9 Rentals)

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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.

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.

Rensselaer, IN Local Guide

Cheapest Available Rensselaer Apartments for Rent and Nearby

 

The cheapest available apartment rental in Rensselaer, IN is a 1 Bed unit found at Southfork Apartments in the Discovery Park neighborhood priced from $499. Launch in the Discovery Park neighborhood has the second lowest priced unit, which is a 3 Beds apartment currently listed from $659. Here is today’s list of the most affordable Rensselaer apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Southfork Apartments1BR/1.0BA1BR,1BA$499
Launch3B3BR,3BA$659
Woods EdgeThe Boilermaker1BR,1BA$750

Best Value Apartments for Rent in Rensselaer, IN and Nearby

As of July 27, 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 4 Bed/2 Bath - One available at Promo Rate Model at Anthrop Pointe starting at $1,929 with a $1.23 price per square foot in the Discovery Park neighborhood. Here is today’s list of the best values for Rensselaer apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Lark West Lafayette Townhomes3 Bedroom x 3.5 Bathroom Townhouse3BR,3.5BA$0.34
Anthrop Pointe4 Bed/2 Bath - One available at Promo Rate4BR,2BA$1.23
VERVE West Lafayette4BD/4BA - D24BR,4BA$1.20
Lodge on the TrailNevada-PREM3BR,3BA$0.52
Provenance2x2 B2BR,2BA$1.25
Wabash Lofts2x22BR,2BA$0.82
Chauncey Village2 Bedroom 1 Bath2BR,1BA$1.16
Madison Cottage of Rensselaer1x11BR,1BA$1.14
Woods EdgeThe Boilermaker1BR,1BA$1.07
2712BR/1.0BA2BR,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.

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

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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 30 Single Family Homes for rent, Condos, and Townhome rentals currently available in Rensselaer ranging from $1,010 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 $1,010 to $4,500 with an average monthly rent of $2,078.

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 $3,427, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,350 to $4,500. Four Bedroom Single-Family rentals are also available starting from $2,600 and Four Bedroom Apartments start at $499.

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

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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.

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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.

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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.

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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.