
Cheap Homes for Rent near Roanoke, IN from $600 (23 Rentals)
Search the lowest-cost Homes available for rent right now in Roanoke.


1918 Riedmiller Ave

36 1/2 N Lafontaine St

1229 Wall St

2401 Miner St

345 Kinnaird Ave

1119 Michigan Ave
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.

4721 Warsaw St

641 Byron St

347 W Williams St

330 Mayne St

2605 Westward Dr

3201 Dinnen Ave

12204 Indianapolis 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.

822 Nuttman Ave

1364 Superior St

720 Davis St

130 N Gerke Ave

7532 W Jefferson Blvd

1402 3rd St

432 W Butler St
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

3405 Dalevue Dr

2627 Belle Vista Blvd
Roanoke, IN Local Guide

How much does it cost to rent a home in Roanoke?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Roanoke 2 Bedroom Homes for Rent | $1,049 | $850 | $1,450 |
| Roanoke 3 Bedroom Homes for Rent | $4,834 | $950 | $10,000+ |
| Roanoke 4 Bedroom Homes for Rent | $1,498 | $1,100 | $2,100 |
| Roanoke 5 Bedroom Homes for Rent | $1,725 | $1,725 | $1,725 |
Browse Top Homes for Rent in Roanoke
Explore Roanoke
Roanoke, IN Local Guide
- Roanoke Neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
Cheapest Neighborhoods for Apartments in Roanoke, IN
Pricing Updated: 09/09/2026Current apartment rentals in the Roanoke, IN area range in price from $1,223 to $2,844 with an overall median price of $1,454. Here is today’s list neighborhoods with the lowest median pricing for Roanoke Apartments for rent:
| Neighborhood | Median Price | Min Price | Available Units |
|---|---|---|---|
| Azbury Park | $1,454 | $1,223 | 11 |
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. Waynedale Village Apartments in the Southwest Fort Wayne neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $689. Here is today’s list of the most affordable Roanoke apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Villa Capri Apartments | Prato | 1BR,1BA | $620 |
| Waynedale Village Apartments | Studio | Studio,1BA | $689 |
| UB Lofts | Studio | Studio,1BA | $750 |
| Poplar Ridge Apartments | Studio Upgrade | Studio,1BA | $769 |
| Colony Bay Apartments,LLC | 1 BR 1 BA Apartment | 1BR,1BA | $770 |
Best Value Apartments for Rent in Roanoke, IN and Nearby
As of September 09, 2026 the best value apartment in the Roanoke area is the $0.97 price per square foot Townhome Model at Anam Villas in the in the Southwest Fort Wayne neighborhood starting from $1,995. The second greatest value Roanoke apartment is the CLA 3BR/2.5BA Townhome Model at Coventry Court Townhomes starting at $1,379 with a $0.84 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Anam Villas | Townhome | 3BR,2.5BA | $0.97 |
| Coventry Court Townhomes | CLA 3BR/2.5BA Townhome | 3BR,2.5BA | $0.84 |
| Homestead Townhomes | 3 Bedroom | 3BR,2.5BA | $1.20 |
| Foster Park Apartments | 2 Bed Classic | 2BR,1.5BA | $1.05 |
| Fairview Court Apartments | 2x1.5 Down Reno | 2BR,1.5BA | $1.19 |
| Autumn Creek Apartment Homes | 2B2B-HYB | 2BR,2BA | $1.10 |
| Colony Bay Apartments,LLC | 1 bedroom | 2BR,2BA | $1.21 |
| Hunt Club | Chesterfield Cup - Classic/Upgrade Units | 1BR,1BA | $1.30 |
| Villa Capri Apartments | Prato | 1BR,1BA | $0.86 |
| Willow Creek Crossing | The Pullman | 1BR,1BA | $1.21 |
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 ArticleNavigating 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.
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.
Read ArticleQuick 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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Roanoke, IN Rentals by Map
See the most popular apartments and homes in Roanoke, IN
Frequently Asked Questions about Roanoke
What type of rentals are currently available in Roanoke?
There are currently 48 Apartments for Rent in Roanoke, IN with pricing that ranges from $620 to $3,066. There are also 34 Single Family Homes for rent, Condos, and Townhome rentals currently available in Roanoke ranging from $600 to $46,999.
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 $600 to $46,999 with an average monthly rent of $2,459.
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 $3,066, while Three Bedroom Homes, Condos, and Townhomes for rent range from $950 to $46,999. Four Bedroom Single-Family rentals are also available starting from $1,100 and Four Bedroom Apartments start at $1,765.
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.

Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
Written by: Robin Stewart
Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

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.