
Cheap Apartments for Rent near Templeton, IN from $400 (53 Rentals)
Search the lowest-cost Apartments available for rent right now in Templeton.


Total Monthly Price
Leslie Manor Apartments

Stonecrest Apartments

Launch

Woods Edge

Historic Downtown Apartments II

Total Monthly Price
Windsor West Apartments

Total Monthly Price
Shai Lynn

Total Monthly Price
Highland Apartments

Southridge Commons
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.

University Crossing

Winfield Farms - Garages Available

Twyckenham Apartments

The Press

Cypress Square

Vantage Pointe Apartments

Historic Lahr Apartments

Southern Winds Apartments

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Shadeland Estates

Salem Courthouse
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.

Blackbird Farms

Total Monthly Price
Lindberg Lofts

WestRidge Flats

Cheswick Village

Franklin Park Apartments

Elston Point

McCormick Manor

Total Monthly Price
Candlelight Estates

The Reserve at Madison Flatts

The Ivy Towns + Flats
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.

Trailside Flats

Total Monthly Price
The Vibe on Paramount

52 Flats

The Luna Flats

Total Monthly Price
Andrew Place Commons

Total Monthly Price
State Street Commons

The Century at Purdue Research Park

The Landing Apartments

Total Monthly Price
Aviada Apartments of West Lafayette

120 Flats
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.

Marq

Fowler Place Apartments

Downtown Lafayette Living!

The Vintage

1008 North St

Bethel Townhomes

Valley Tower/Prospect Hill Apartments

1155 Anthrop Dr

River Cross

3230 Mendel -
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.
Templeton, IN Local Guide

How much does it cost to rent an apartment in Templeton?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Templeton Studio Apartments | $1,517 | $625 | $2,060 |
| Templeton 1 Bedroom Apartments | $1,724 | $499 | $3,048 |
| Templeton 2 Bedroom Apartments | $1,963 | $589 | $3,454 |
| Templeton 3 Bedroom Apartments | $1,619 | $533 | $3,424 |
| Templeton 4 Bedroom Apartments | $1,454 | $499 | $2,390 |
Browse Top Apartments in Templeton
See all Apartments in TempletonExplore Templeton
Templeton, IN Local Guide
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Cheapest Available Templeton Apartments for Rent and Nearby
 The cheapest available apartment rental in Templeton, IN is a 1 Bed unit found at Southfork Apartments in the Discovery Park neighborhood priced from $499. Fowler Place Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $599. Here is today’s list of the most affordable Templeton apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Southfork Apartments | 1BR/1.0BA | 1BR,1BA | $499 |
| Fowler Place Apartments | Floorplan E | 1BR,1BA | $599 |
| Stonecrest Apartments | Studio | Studio,1BA | $625 |
| Launch | 3B | 3BR,3BA | $659 |
| 1214 Columbia Street | Studio | Studio,1BA | $735 |
| Woods Edge | The Boilermaker | 1BR,1BA | $750 |
| Crestview Apartments | Crestview II | 2BR,1BA | $800 |
| Historic Downtown Apartments II | 2x1 | 2BR,1BA | $800 |
| Windsor West Apartments | 2BR/1.0BA | 2BR,1BA | $875 |
| Shai Lynn | 1bd/1bth | 1BR,1BA | $900 |
Best Value Apartments for Rent in Templeton, IN and Nearby
As of August 01, 2026 the best value apartment in the Templeton area is the $0.34 price per square foot 3 Bedroom x 3.5 Bathroom Townhouse Model at Lark West Lafayette Townhomes in the starting from $649. The second greatest value Templeton apartment is the 4BR - D1 Model at EVER West Lafayette starting at $1,469 with a $1.19 price per square foot in the Discovery Park neighborhood. Here is today’s list of the best values for Templeton apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Lark West Lafayette Townhomes | 3 Bedroom x 3.5 Bathroom Townhouse | 3BR,3.5BA | $0.34 |
| EVER West Lafayette | 4BR - D1 | 4BR,4BA | $1.19 |
| VERVE West Lafayette | 4BD/4BA - D2 | 4BR,4BA | $1.20 |
| Highland Apartments | 2 Bedroom A | 2BR,1BA | $0.92 |
| Shadeland Estates | (Adventure) Shadeland Estates New Homes 3bd/2bt... | 3BR,2BA | $1.22 |
| Windsor West Apartments | 2BR/1.0BA | 2BR,1BA | $1.06 |
| Victory on Salisbury | 3BR/1BA | 3BR,1BA | $0.98 |
| Woods Edge | The Boilermaker | 1BR,1BA | $1.07 |
| 271 | 2BR/1.0BA | 2BR,1BA | $1.07 |
| Fowler Place Apartments | Floorplan E | 1BR,1BA | $1.20 |
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.
Pet Friendly LifestyleTempleton, IN
Ranked #31
Among cities in Indiana for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
2.5Pet Friendly
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Templeton, IN Rentals by Map
See the most popular apartments and homes in Templeton, IN
Frequently Asked Questions about Cheap Templeton Apartments
What is the Cheapest Studio apartment in Templeton?
Currently the most affordable Cheap Studio Apartment in Templeton is at Stonecrest Apartments listed at $625.
How much is rent for a Cheap One Bedroom Templeton Apartment?
The lowest price for a Cheap One Bedroom Templeton Apartment is $499 at Southfork Apartments.
What is the lowest price for a Cheap Two Bedroom Templeton Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Templeton is starting from $719 at Launch.
What is the most affordable Templeton Three Bedroom Apartment?
The best deal on a cheap Templeton Three Bedroom Apartment rental is at Launch and starts from $659.
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.

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

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.