
Cheap Apartments for Rent in Rochester, IN from $400 (50 Rentals)
Search the lowest-cost Apartments available for rent right now in Rochester.


Historic Blue Bell Lofts

Willow Creek Villas

Northpointe/Lakepointe Apartment Homes

Walnut Manor

Welcome to Somerset Village!

Turtle Creek Kokomo

Pechewa Place

1302 W Sycamore St

The Macy Apartments
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.

Indigo

Courts of Colfax Apartments

Carriage Place Apartments

The Dunes

Sycamore Apartments

Millstone Apartments

Hilltop Ridge

UB Lofts

Georgetown Apartments

Reserve at Norwood Apartment Homes
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.

Wabash River Commons

North Ridge Apartments

Irish Hills Apartments

CLEAR CREEK APARTMENTS

Total Monthly Price
Centennial Crossing

Total Monthly Price
Mallard and HI-TEC Apartments

Simonson Estates Apartments

LaFontaine Center Affordable Senior Housing

221 Columbia St

3451 W 100 S
Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

3451 W 100 N

900 North St

362 W 5th St

371 W 12th St

Estates At Eagle's Pointe

426 1/2 E Market St

1615 N Courtland Ave

Quaint 1 Bedroom

609 W Broadway St

Imperial Apartments
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.

1005 N Lincoln St

2501 N Apperson Way

43012 Keesler Ct

407 Parker St

The 2525

1020 E Fischer St

7028 E Heritage Dr

110 N Union Dr

106 Nottingham Way

1029 N Lincoln St
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.
Rochester, IN Local Guide

How much does it cost to rent an apartment in Rochester?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Rochester Studio Apartments | $830 | $679 | $1,375 |
| Rochester 1 Bedroom Apartments | $1,022 | $418 | $1,600 |
| Rochester 2 Bedroom Apartments | $1,274 | $498 | $2,915 |
| Rochester 3 Bedroom Apartments | $1,751 | $1,017 | $2,626 |
Browse Top Apartments in Rochester
See all Apartments in RochesterExplore Rochester
Rochester, IN Local Guide
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Available Rochester Apartments for Rent and Nearby
 The cheapest available apartment rental in Rochester, IN is a 2 Beds unit found at Historic Blue Bell Lofts priced from $498. Walnut Manor has the second lowest priced unit, which is a Studio apartment currently listed from $699. Here is today’s list of the most affordable Rochester apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Historic Blue Bell Lofts | 2 Beds, 1 bath | 2BR,1BA | $498 |
| Walnut Manor | STUDIO | Studio,1BA | $699 |
| Turtle Creek Kokomo | Spring | Studio,1BA | $715 |
| Pechewa Place | Upstairs 1 Bedroom | 1BR,1BA | $729 |
| Courts of Colfax Apartments | Winona | Studio,1BA | $750 |
| The Macy Apartments | Studio Unfurnished | Studio,1BA | $750 |
| 1302 W Sycamore St | 1 bed 1 bath Renovated | 1BR,1BA | $795 |
| Carriage Place Apartments | The Edison | 1BR,1BA | $828 |
| Millstone Apartments | 2 bedroom 1 bath | 2BR,1BA | $850 |
| UB Lofts | One Bedroom | 1BR,1BA | $870 |
Best Value Apartments for Rent in Rochester, IN and Nearby
As of May 08, 2026 the best value apartment in the Rochester area is the $0.36 price per square foot 2 Beds, 1 bath Model at Historic Blue Bell Lofts in the starting from $498. The second greatest value Rochester apartment is the 3 Bed 2 Bath Model at Union at Washington starting at $1,017 with a $0.88 price per square foot . Here is today’s list of the best values for Rochester apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Historic Blue Bell Lofts | 2 Beds, 1 bath | 2BR,1BA | $0.36 |
| Union at Washington | 3 Bed 2 Bath | 3BR,2BA | $0.88 |
| Millstone Apartments | 2 bedroom 1 bath | 2BR,1BA | $0.87 |
| Simonson Estates Apartments | Two Bedroom One Bathroom | 2BR,1BA | $1.09 |
| Lakeland Villa Apartments | ***WAIT LIST APPLICATION*** | 2BR,2BA | $1.30 |
| CLEAR CREEK APARTMENTS | 2 bedroom 2 bath | 2BR,2BA | $1.06 |
| Georgetown Apartments | 2BR/1.0BA | 2BR,1BA | $1.19 |
| UB Lofts | One Bedroom | 1BR,1BA | $1.21 |
| Courts of Colfax Apartments | Winona | Studio ,1BA | $1.24 |
| Pechewa Place | Upstairs 1 Bedroom | 1BR,1BA | $1.22 |
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 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.
Best Local Schools in Rochester, IN
George M Riddle Elementary School
Rochester Community High School
Rochester Community Md School
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Rochester, IN Rentals by Map
See the most popular apartments and homes in Rochester, IN
Frequently Asked Questions about Cheap Rochester Apartments
What is the Cheapest Studio apartment in Rochester?
Currently the most affordable Cheap Studio Apartment in Rochester is at Walnut Manor listed at $699.
How much is rent for a Cheap One Bedroom Rochester Apartment?
The lowest price for a Cheap One Bedroom Rochester Apartment is $725 at Walnut Manor.
What is the lowest price for a Cheap Two Bedroom Rochester Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Rochester is starting from $498 at Historic Blue Bell Lofts.
What is the most affordable Rochester Three Bedroom Apartment?
The best deal on a cheap Rochester Three Bedroom Apartment rental is at Union at Washington and starts from $1,017.
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

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.