Cheap Apartments for Rent in Roanoke, IN from $500 (29 Rentals)

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

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

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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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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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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Jefferson Place Villas
1 to 2 Bedroom Apartments

Jefferson Place Villas

720 Countryside DrOssian, IN 46777
  • Utilities Included

Navigating 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.

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Showing Results 1-29, Page 1 of 1

Roanoke, IN Local Guide

Cheapest Neighborhoods for Apartments in Roanoke, IN

Pricing Updated: 06/15/2025

Current apartment rentals in the Roanoke, IN area range in price from to with an overall median price of . Here is today’s list neighborhoods with the lowest median pricing for Roanoke Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Azbury Park$2,987$1,00624

Cheapest Available Roanoke Apartments for Rent and Nearby

 

The cheapest available apartment rental in Roanoke, IN is a 1 Bed unit found at Villa Capri Apartments in the Continential Park neighborhood priced from $514. Poplar Ridge Apartments in the Southwest Fort Wayne neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $650. Here is today’s list of the most affordable Roanoke apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Villa Capri ApartmentsPrato1BR,1BA$514
Poplar Ridge ApartmentsFlat ApartmentStudio,1BA$650
Waynedale Village ApartmentsStudioStudio,1BA$659
UB LoftsStudioStudio,1BA$680
Black Pine Flats1BR/1BA Classic1BR,1BA$750
Hickory Creek1 Bedroom Flat1BR,1BA$775
Carriage Place ApartmentsThe Edison1BR,1BA$786
South Bridge ApartmentsOne Bedroom One Bath Full Size Washer/Dryer1BR,1BA$797
Bluffton Park ApartmentsSpecial Offer with signed lease ONE MONTH FREE!!1BR,1BA$800
Fairview CourtTwo Bedroom2BR,1BA$925

Best Value Apartments for Rent in Roanoke, IN and Nearby

As of June 15, 2025 the best value apartment in the Roanoke area is the $0.93 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 $1,450. The second greatest value Roanoke apartment is the 3 Bedroom Model at Homestead Townhomes starting at $1,799 with a $1.20 price per square foot in the Southwest Fort Wayne neighborhood. Here is today’s list of the best values for Roanoke 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$0.93
Homestead Townhomes3 Bedroom3BR,2.5BA$1.20
Becklow PlaceTownhome C2BR,2.5BA$1.31
Fairview CourtTwo Bedroom Townhome2BR,1.5BA$0.93
Coventry Court WestCoventry Court West- 2 Bed/2 Bath2BR,2BA$1.13
Autumn Creek Apartment Homes2B2B-UPG2BR,2BA$1.24
South Bridge ApartmentsTwo Bedroom One Bath Stackable Washer/Dryer2BR,1BA$1.06
Villa Capri ApartmentsPrato1BR,1BA$0.71
Carriage Place ApartmentsThe Hamilton - Renovated2BR,1BA$1.26
Bluffton Park ApartmentsSpecial Offer with signed lease ONE MONTH FREE!!1BR,1BA$1.24

Quick 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.

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

Explore Roanoke, IN Rentals by Map

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See the most popular apartments and homes in Roanoke, IN

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Getting Around Roanoke, IN

Walk Score®

14 / 100

Car-Dependent

Almost all errands require a car

Bike Score®

29 / 100

Somewhat Bikeable

Minimal bike infrastructure

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

Frequently Asked Questions about Cheap Roanoke Apartments

What is the Cheapest Studio apartment in Roanoke?

Currently the most affordable Cheap Studio Apartment in Roanoke is at Poplar Ridge Apartments listed at $650.

How much is rent for a Cheap One Bedroom Roanoke Apartment?

The lowest price for a Cheap One Bedroom Roanoke Apartment is $514 at Villa Capri Apartments.

What is the lowest price for a Cheap Two Bedroom Roanoke Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Roanoke is starting from $703 at Villa Capri Apartments.

What is the most affordable Roanoke Three Bedroom Apartment?

The best deal on a cheap Roanoke Three Bedroom Apartment rental is at Villa Capri Apartments and starts from $806.

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.

decorative image for Roommate Matching: Finding the Right Fit and Avoiding Pitfalls article

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.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.