Cheap Homes for Rent in Roanoke, IN from $700 (11 Rentals)

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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.

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.

Roanoke, IN Local Guide

Cheapest Neighborhoods for Apartments in Roanoke, IN

Pricing Updated: 10/24/2025

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$1,740$1,07811

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 $620. Poplar Ridge Apartments in the Southwest Fort Wayne neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $679. Here is today’s list of the most affordable Roanoke apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Villa Capri ApartmentsPrato1BR,1BA$620
Poplar Ridge ApartmentsFlat ApartmentStudio,1BA$679
Black Pine Flats1BR/1BA Classic1BR,1BA$749
Waynedale Village ApartmentsOne Bed1BR,1BA$759
Hickory Creek1 Bedroom Flat1BR,1BA$779

Best Value Apartments for Rent in Roanoke, IN and Nearby

As of October 24, 2025 the best value apartment in the Roanoke area is the $1.22 price per square foot 3 Bedroom Model at West Hamilton Hamlets in the in the Southwest Fort Wayne neighborhood starting from $2,000. The second greatest value Roanoke apartment is the CLA 3BR/2.5BA Townhome W/Patio Model at Coventry Court Townhomes starting at $1,399 with a $0.90 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.
West Hamilton Hamlets3 Bedroom3BR,2.5BA$1.22
Coventry Court TownhomesCLA 3BR/2.5BA Townhome W/Patio3BR,2.5BA$0.90
Woodhaven OaksSt. Joseph2BR,1.5BA$1.23
Fairview Court Apartments2 BR/1.5 BA2BR,1.5BA$0.95
Carriage Place ApartmentsThe Lincoln - Renovated2BR,1BA$1.13
Autumn Creek Apartment Homes1B1B HYB1BR,1BA$1.29
Villa Capri ApartmentsPrato1BR,1BA$0.86
Waynedale Village ApartmentsTwo Bed2BR,1BA$1.27
Willow Creek CrossingThe Pullman1BR,1BA$1.15
Bluffton Park ApartmentsFire Up the Grill… and This Hot Move-In Offer!1BR,1BA$1.24

Apartment Common Area Rules: What Renters Need to Know

From the lounge to the laundry room, understand your rights and responsibilities in shared apartment spaces. Get tips on pet rules, noise, and security.

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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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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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

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Frequently Asked Questions about Roanoke

What type of rentals are currently available in Roanoke?

There are currently 42 Apartments for Rent in Roanoke, IN with pricing that ranges from $610 to $2,987. There are also 30 Single Family Homes for rent, Condos, and Townhome rentals currently available in Roanoke ranging from $750 to $3,000.

What is the current price range for Rental Homes in Roanoke?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Roanoke ranges from $750 to $3,000 with an average monthly rent of $1,422.

How much are larger Three and Four Bedroom Rentals in Roanoke?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Roanoke range from $946 to $2,000, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,100 to $2,200. Four Bedroom Single-Family rentals are also available starting from $1,155 and Four Bedroom Apartments start at $1,685.

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.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.