Cheap Homes for Rent in Silver Lake, IN from $300 (14 Rentals)

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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.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

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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

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

As of September 09, 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
Simonson Estates ApartmentsTwo Bedroom One Bathroom2BR,1BA$1.04
Kuder EstatesTwo Bedroom One Bathroom2BR,1BA$1.03
Lakeland Villa Apartments2 x 1 washer/dryer2BR,1BA$1.16
Mallard and HI-TEC ApartmentsTwo bedroom/1 bath2BR,1BA$1.09
CLEAR CREEK APARTMENTS2 bedroom 2 bath2BR,2BA$1.06
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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Frequently Asked Questions about Silver Lake

What type of rentals are currently available in Silver Lake?

There are currently 39 Apartments for Rent in Silver Lake, IN with pricing that ranges from $418 to $2,500. There are also 40 Single Family Homes for rent, Condos, and Townhome rentals currently available in Silver Lake ranging from $285 to $3,300.

What is the current price range for Rental Homes in Silver Lake?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Silver Lake ranges from $285 to $3,300 with an average monthly rent of $1,219.

How much are larger Three and Four Bedroom Rentals in Silver Lake?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Silver Lake range from $1,049 to $2,316, while Three Bedroom Homes, Condos, and Townhomes for rent range from $375 to $3,000. Four Bedroom Single-Family rentals are also available starting from $1,195 and Four Bedroom Apartments start at $2,420.

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.

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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.