Cheap Homes for Rent in Santa Claus, IN from $700 (13 Rentals)

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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.

property at 602 12th St

$950 - $975

1 Bedroom Rentals

Available Now

602 12th St

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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.

Santa Claus, IN Local Guide

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 ListingModel NameBed/BathPriced From
SPRING VALLEY FLATSThe Redbud1BR,1BA$599
Shannon GlennMcConnell2BR,1BA$710
TERRA TRACEThe Dogwood1BR,1BA$749
Legion Park & Heartwood Court ApartmentsLegion 1 Bed1BR,1BA$750
Ambassador VillasAmbassador 1 BD1BR,1BA$750

Best Value Apartments for Rent in Santa Claus, IN and Nearby

As of May 28, 2026 the best value apartment in the Santa Claus area is the $0.95 price per square foot 3 Bedroom 2 Bath Model at Royal Arms of Owensboro in the starting from $1,330. The second greatest value Santa Claus apartment is the 2 Bed, 2 Bath Model at The Westcott starting at $1,283 with a $1.19 price per square foot in the Fielding Court neighborhood. Here is today’s list of the best values for Santa Claus apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Royal Arms of Owensboro3 Bedroom 2 Bath3BR,2BA$0.95
The Westcott2 Bed, 2 Bath2BR,2BA$1.19
East Meadows Apartment HomesEast Meadows - 2/2 - 2nd Floor (Phase 2)2BR,2BA$1.25
Andrea Court NorthAndrea Court North2BR,1BA$1.03
Devonshire Gardens I & II1 Bed 1 Bath C1BR,1BA$0.97
Shannon GlennMcConnell2BR,1BA$0.89
Abbey Court ApartmentsCambridge1BR,1BA$1.13
Ambassador VillasAmbassador 1 BD1BR,1BA$1.07
TERRA TRACEThe Dogwood1BR,1BA$1.18
Legion Park & Heartwood Court ApartmentsLegion 1 Bed1BR,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.

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Real 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.

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Remember the 3 Rules of Real Estate:
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Frequently Asked Questions about Santa Claus

What type of rentals are currently available in Santa Claus?

There are currently 39 Apartments for Rent in Santa Claus, IN with pricing that ranges from $600 to $4,449. There are also 40 Single Family Homes for rent, Condos, and Townhome rentals currently available in Santa Claus ranging from $750 to $3,700.

What is the current price range for Rental Homes in Santa Claus?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Santa Claus ranges from $750 to $3,700 with an average monthly rent of $1,482.

How much are larger Three and Four Bedroom Rentals in Santa Claus?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Santa Claus range from $1,315 to $2,159, while Three Bedroom Homes, Condos, and Townhomes for rent range from $900 to $3,700. Four Bedroom Single-Family rentals are also available starting from $1,300 and Four Bedroom Apartments start at $1,849.

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

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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.

decorative image for Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts  article

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.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

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.

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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.