Cheap Apartments for Rent in Silver Lake, IN from $400 (38 Rentals)

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

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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
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The 2525
1 to 4 Bedroom Apartments

The 2525

2525 Durbin StWarsaw, IN 46580
  • Utilities Included

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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 $498. 900 North St has the second lowest priced unit, which is a Studio apartment currently listed from $599. 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$498
900 North StStudioStudio,1BA$599
UB LoftsStudioStudio,1BA$680
SOMERSET VILLAGE APARTMENTS1 bed small1BR,1BA$690
Pechewa PlaceUpstairs 1 Bedroom1BR,1BA$699
MILLSTONE APARTMENTS1 bedroom1BR,1BA$750
Wabash River Commons1B1B TRAD1BR,1BA$845
Centennial CrossingSenior Villa 1x11BR,1BA$940
The Cottages at Bridgewater (Senior 55+)1 Bedroom1BR,1BA$945
CLEAR CREEK APARTMENTS2 bedroom 2 bath2BR,2BA$950

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

As of September 10, 2025 the best value apartment in the Silver Lake 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 Silver Lake apartment is the 2B2B SENIOR Model at Wabash River Commons starting at $1,145 with a $1.18 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.
Historic Blue Bell Lofts2 Beds, 1 bath2BR,1BA$0.36
Wabash River Commons2B2B SENIOR2BR,2BA$1.18
Kuder EstatesTwo Bedroom One Bathroom2BR,1BA$1.03
Simonson Estates ApartmentsTwo Bedroom One Bathroom2BR,1BA$1.04
Lakeland Villa Apartments2 x 1 washer/dryer2BR,1BA$1.16
CLEAR CREEK APARTMENTS2 bedroom 2 bath2BR,2BA$1.06
Mallard and HI-TEC ApartmentsTwo bedroom/1 bath2BR,1BA$1.09
900 North StStudioStudio ,1BA$0.86
MILLSTONE APARTMENTS1 bedroom1BR,1BA$1.12
SOMERSET VILLAGE APARTMENTS1 bed small1BR,1BA$1.13

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

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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

What is the Cheapest Studio apartment in Silver Lake?

Currently the most affordable Cheap Studio Apartment in Silver Lake is at 900 North St listed at $599.

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

The lowest price for a Cheap One Bedroom Silver Lake Apartment is $690 at SOMERSET VILLAGE APARTMENTS.

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 $498 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 CLEAR CREEK APARTMENTS and starts from $1,050.

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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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.

decorative image for The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro article

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Written by: Christine Leonard, Esq.

Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.