
Cheap Apartments for Rent in Santa Claus, IN from $500 (39 Rentals)
Search the lowest-cost Apartments available for rent right now in Santa Claus.


Devonshire Gardens I & II

TERRA TRACE

Ambassador Villas

Legion Park & Heartwood Court Apartments

Keystone Apartments

The Timbers Apartments

Park Place Apartments - 55+ Community

Abbey Court 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.

Kingston Square Apartments

Royal Arms of Owensboro

Sugar Mill Creek

Andrea Court North

River Club

Pavilion Lakes Apartments

Ashley Pointe

Brushwood Apartments

Brooklyn Place
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.

East Meadows Apartment Homes

Shannon Glenn

Fairmont Apartments

SPRING VALLEY FLATS

Roosevelt House I & II Senior Community

107 S 3rd St

748 9th St

5054 IN-56

Eastland Apartments
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.

920 Sycamore St

934 Jackson St

1044 N Eskew Rd

Naveen Pine Apartments

Legacy Commons

602 12th St

444 E Eble Rd

532 Orchard St

439 7th St
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.

1818-1820 Tamarack Rd

701 Beachfront Dr

5278 W Center St
Santa Claus, IN Local Guide

How much does it cost to rent an apartment in Santa Claus?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Santa Claus Studio Apartments | $906 | $600 | $1,200 |
| Santa Claus 1 Bedroom Apartments | $991 | $695 | $1,669 |
| Santa Claus 2 Bedroom Apartments | $1,341 | $845 | $4,449 |
| Santa Claus 3 Bedroom Apartments | $1,666 | $1,315 | $2,489 |
| Santa Claus 4 Bedroom Apartments | $1,849 | $1,849 | $1,849 |
Browse Top Apartments in Santa Claus
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Santa Claus, IN Local Guide
- Nearby Cities
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- School Districts
Cheapest Available Santa Claus Apartments for Rent and Nearby
 The cheapest available apartment rental in Santa Claus, IN is a 1 Bed unit found at SPRING VALLEY FLATS in the Oakhill neighborhood priced from $599. Shannon Glenn in the Lant Manor neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $710. Here is today’s list of the most affordable Santa Claus apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| SPRING VALLEY FLATS | The Redbud | 1BR,1BA | $599 |
| Shannon Glenn | McConnell | 2BR,1BA | $710 |
| TERRA TRACE | The Dogwood | 1BR,1BA | $749 |
| Legion Park & Heartwood Court Apartments | Legion 1 Bed | 1BR,1BA | $750 |
| Ambassador Villas | Ambassador 1 BD | 1BR,1BA | $750 |
| Abbey Court Apartments | Cambridge | 1BR,1BA | $840 |
| Andrea Court North | Andrea Court North | 2BR,1BA | $925 |
| River Club | Columbia | 1BR,1BA | $935 |
| The Timbers Apartments | The Mahogany 2 BR 1 BA | 2BR,1BA | $959 |
| Ashley Pointe | One Bedroom Apartment | 1BR,1BA | $990 |
Best Value Apartments for Rent in Santa Claus, IN and Nearby
As of May 31, 2026 the best value apartment in the Santa Claus area is the $0.81 price per square foot 2 Bed 2 Bath - Townhome Model at Devonshire Gardens I & II in the in the Lant Manor neighborhood starting from $1,255. The second greatest value Santa Claus apartment is the 3 Bedroom 2 Bath Model at Royal Arms of Owensboro starting at $1,330 with a $0.95 price per square foot . Here is today’s list of the best values for Santa Claus apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Devonshire Gardens I & II | 2 Bed 2 Bath - Townhome | 2BR,2BA | $0.81 |
| Royal Arms of Owensboro | 3 Bedroom 2 Bath | 3BR,2BA | $0.95 |
| The Westcott | 2 Bed, 2 Bath | 2BR,2BA | $1.19 |
| East Meadows Apartment Homes | East Meadows - 2/2 - 2nd Floor (Phase 2) | 2BR,2BA | $1.25 |
| Andrea Court North | 2BR/1.0BA | 2BR,1BA | $1.03 |
| Shannon Glenn | McConnell | 2BR,1BA | $0.89 |
| Abbey Court Apartments | Cambridge | 1BR,1BA | $1.13 |
| Ambassador Villas | Ambassador 1 BD | 1BR,1BA | $1.07 |
| TERRA TRACE | The Dogwood | 1BR,1BA | $1.18 |
| Legion Park & Heartwood Court Apartments | Legion 1 Bed | 1BR,1BA | $1.25 |
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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Santa Claus, IN Rentals by Map
See the most popular apartments and homes in Santa Claus, IN
Frequently Asked Questions about Cheap Santa Claus Apartments
How much is rent for a Cheap One Bedroom Santa Claus Apartment?
The lowest price for a Cheap One Bedroom Santa Claus Apartment is $599 at SPRING VALLEY FLATS.
What is the lowest price for a Cheap Two Bedroom Santa Claus Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Santa Claus is starting from $710 at Shannon Glenn.
What is the most affordable Santa Claus Three Bedroom Apartment?
The best deal on a cheap Santa Claus Three Bedroom Apartment rental is at Royal Arms of Owensboro and starts from $1,330.
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

Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.

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.