Cheap Apartments for Rent in Silver Lake, IN from $300 (39 Rentals)

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Search the lowest-cost Apartments available for rent right now in Silver Lake.

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.

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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.

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Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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North Ridge Apartments
1 to 3 Bedroom Apartments

North Ridge Apartments

718 N State Road 9Columbia City, IN 46725
  • Utilities Included

Navigating 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.

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The 2525
1 to 4 Bedroom Apartments

The 2525

2525 Durbin StWarsaw, IN 46580
  • Utilities Included
Showing Results 1-39, Page 1 of 1

Silver Lake, IN Local Guide

Cheapest Available Silver Lake Apartments for Rent and Nearby

 

The cheapest available apartment rental in Silver Lake, IN is a 2 Beds unit found at Historic Blue Bell Lofts priced from $356. UB Lofts has the second lowest priced unit, which is a Studio apartment currently listed from $680. Here is today’s list of the most affordable Silver Lake apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Historic Blue Bell Lofts2 Beds, 1 bath2BR,1BA$356
UB LoftsStudioStudio,1BA$680
Pechewa PlaceUpstairs 1 Bedroom1BR,1BA$699
MILLSTONE APARTMENTS1 bedroom1BR,1BA$750
Carriage Place ApartmentsThe Hamilton2BR,1BA$820
Centennial CrossingSenior Villa 1x11BR,1BA$845
Wabash River Commons1B1B TRAD1BR,1BA$845
Welcome to Tippe River Downs1x1 Senior Villa1BR,1BA$899
Mallard and HI-TEC Apartments2 Beds, 1 bath2BR,1BA$935
The Cottages at Bridgewater (Senior 55+)1 Bedroom1BR,1BA$945

Best Value Apartments for Rent in Silver Lake, IN and Nearby

As of July 26, 2025 the best value apartment in the Silver Lake area is the $1.20 price per square foot 3 Bedroom Model at Homestead Townhomes in the in the Southwest Fort Wayne neighborhood starting from $1,799. The second greatest value Silver Lake apartment is the 2 Beds, 1 bath Model at Historic Blue Bell Lofts starting at $356 with a $0.26 price per square foot . Here is today’s list of the best values for Silver Lake apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Homestead Townhomes3 Bedroom3BR,2.5BA$1.20
Historic Blue Bell Lofts2 Beds, 1 bath2BR,1BA$0.26
Redwood WarsawForestwood2BR,2BA$1.25
Wabash River Commons2B2B SENIOR2BR,2BA$1.18
Simonson Estates ApartmentsTwo Bedroom One Bathroom2BR,1BA$1.06
Kuder EstatesTwo Bedroom One Bathroom2BR,1BA$1.03
Mallard and HI-TEC Apartments2 Beds, 1 bath2BR,1BA$1.04
MILLSTONE APARTMENTS1 bedroom1BR,1BA$1.12
Carriage Place ApartmentsThe Edison1BR,1BA$1.26
Pechewa PlaceDownstairs Single Story Building 1 Bedroom1BR,1BA$1.33

Quick Rent Budget Calculator

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

Explore Silver Lake, IN Rentals by Map

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Getting Around Silver Lake, IN

Walk Score®

12 / 100

Car-Dependent

Almost all errands require a car

Bike Score®

26 / 100

Somewhat Bikeable

Minimal bike infrastructure

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

Frequently Asked Questions about Cheap Silver Lake Apartments

How much is rent for a Cheap One Bedroom Silver Lake Apartment?

The lowest price for a Cheap One Bedroom Silver Lake Apartment is $699 at Pechewa Place.

What is the lowest price for a Cheap Two Bedroom Silver Lake Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Silver Lake is starting from $356 at Historic Blue Bell Lofts.

What is the most affordable Silver Lake Three Bedroom Apartment?

The best deal on a cheap Silver Lake Three Bedroom Apartment rental is at Wabash River Commons and starts from $1,495.

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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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.