
Cheap Apartments for Rent in Spiceland, IN from $400 (47 Rentals)
Search the lowest-cost Apartments available for rent right now in Spiceland.


The Towers at Southdale Affordable Senior

LINCOLN PARK APARTMENTS

Reflections I

Courtyard Village Apartments

Bay Terrace Apartments

River Landing Apartments

Academy Place Apartments

Beckford Place
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

Grand Avenue Commons

Jamestown Village

Longfellow Plaza Affordable Senior Community

Villages on Madison Apartments

6301 W Kilgore Ave

1212 Meridian Flats

Cedar Ridge Townhomes

424 Lofts

Colonial Crest Apartments
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

Applecreek

Sun Valley Townhomes

Madison Lakes

Charles Commons

Kelso Place Apartments

Cross Lakes

Crestwood MHC

Total Monthly Price
Four Winds Apartments

Greenfield Village
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

Stonecrest Apartments

STONE RUN VILLAS

Knightstown Villas

2120 Spring St

316 Glenwood Dr

The Crossings

Harter House

Serenity

Hoosier Woods
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.

517 S Coventry Dr

513 S Coventry Dr

2422 Lincoln St

2324 Chase St

309 W 11th St

420 W 25th St

2802 Chase St

7206 S Hibiscus Dr

570 US-52
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.

640 S Darlene Way

1820 Pearl St
Spiceland, IN Local Guide

How much does it cost to rent an apartment in Spiceland?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Spiceland Studio Apartments | $646 | $481 | $900 |
| Spiceland 1 Bedroom Apartments | $1,013 | $250 | $1,800 |
| Spiceland 2 Bedroom Apartments | $1,276 | $780 | $2,019 |
| Spiceland 3 Bedroom Apartments | $1,476 | $1,099 | $1,934 |
| Spiceland 4 Bedroom Apartments | $1,314 | $1,224 | $1,460 |
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Spiceland, IN Local Guide
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Cheapest Available Spiceland Apartments for Rent and Nearby
 The cheapest available apartment rental in Spiceland, IN is a 1 Bed unit found at The Towers at Southdale Affordable Senior in the Anderson neighborhood priced from $250. The Crossings has the second lowest priced unit, which is a Studio apartment currently listed from $610. Here is today’s list of the most affordable Spiceland apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Towers at Southdale Affordable Senior | 1 Bed/ 1 Bath | 1BR,1BA | $250 |
| The Crossings | Studio | Studio,1BA | $610 |
| LINCOLN PARK APARTMENTS | Studio | Studio,1BA | $645 |
| Labor Center Lofts | 1BR/1.0BA | 1BR,1BA | $660 |
| Academy Place Apartments | 1 BR 1 Bath | 1BR,1BA | $675 |
| Grand Avenue Commons | 1 Bed, 1 bath | 1BR,1BA | $729 |
| Jamestown Village | A2 Thomas Jefferson | 1BR,1BA | $779 |
| Longfellow Plaza Affordable Senior Community | Studio | Studio,1BA | $790 |
| 6301 W Kilgore Ave | 1 Bed, 1 Bath | 1BR,1BA | $850 |
| 1212 Meridian Flats | 1x1 | 1BR,1BA | $850 |
Best Value Apartments for Rent in Spiceland, IN and Nearby
As of July 23, 2026 the best value apartment in the Spiceland area is the $0.92 price per square foot Townhouse Model at Sun Valley Townhomes in the in the Anderson neighborhood starting from $1,300. The second greatest value Spiceland apartment is the Blazer 76 4A Model at Crestwood MHC starting at $1,224 with a $1.01 price per square foot in the Henry County neighborhood. Here is today’s list of the best values for Spiceland apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Sun Valley Townhomes | Townhouse | 3BR,2.5BA | $0.92 |
| Crestwood MHC | Blazer 76 4A | 4BR,2BA | $1.01 |
| Freedom Acres MHC | Pulse 7616 | 3BR,2BA | $0.94 |
| Academy Place Apartments | 1 BR 1 Bath | 1BR,1BA | $0.79 |
| 1212 Meridian Flats | 1x1 | 1BR,1BA | $1.01 |
| LINCOLN PARK APARTMENTS | Studio | Studio ,1BA | $0.81 |
| 424 Lofts | 1 bedroom | 1BR,1BA | $1.09 |
| Labor Center Lofts | 1BR/1.0BA | 1BR,1BA | $0.85 |
| Grand Avenue Commons | 1 Bed, 1 bath | 1BR,1BA | $1.04 |
| The Towers at Southdale Affordable Senior | 1 Bed/ 1 Bath | 1BR,1BA | $0.45 |
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 Spiceland, IN Rentals by Map
See the most popular apartments and homes in Spiceland, IN
Frequently Asked Questions about Cheap Spiceland Apartments
What is the Cheapest Studio apartment in Spiceland?
Currently the most affordable Cheap Studio Apartment in Spiceland is at The Crossings listed at $610.
How much is rent for a Cheap One Bedroom Spiceland Apartment?
The lowest price for a Cheap One Bedroom Spiceland Apartment is $250 at The Towers at Southdale Affordable Senior.
What is the lowest price for a Cheap Two Bedroom Spiceland Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Spiceland is starting from $824 at Grand Avenue Commons.
What is the most affordable Spiceland Three Bedroom Apartment?
The best deal on a cheap Spiceland Three Bedroom Apartment rental is at Crestwood MHC and starts from $1,004.
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

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.