Cheap Apartments for Rent in Topeka, IN from $600 (42 Rentals)

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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.

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.

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

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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The Watershed
Studio to 2 Bedroom Apartments

The Watershed

110 W Chicago RdSturgis, MI 49091

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 2525
1 to 4 Bedroom Apartments

The 2525

2525 Durbin StWarsaw, IN 46580
  • Utilities Included

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.

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Aspen Meadows
1 to 3 Bedroom Apartments

Aspen Meadows

1227 Briarwood BlvdGoshen, IN 46526
  • Utilities Included

Topeka, IN Local Guide

Cheapest Available Topeka Apartments for Rent and Nearby

 

The cheapest available apartment rental in Topeka, IN is a 2 Beds unit found at Drake Terrace III priced from $741. Old Farm Apartments in the Impact neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $890. Here is today’s list of the most affordable Topeka apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Drake Terrace III2 Bedroom2BR,1BA$741
Old Farm ApartmentsOne Bedroom1BR,1BA$890
Forest Glen Apartments1 Bed1BR,1BA$895
CedarwoodOne Bedroom1BR,1BA$900
Deerfield VillageOne Bedroom1BR,1BA$945
GOLFVIEWTwo Bedroom2BR,2BA$985
Autumn Hills II Apartments1 Bedroom1BR,1BA$995
Kuder EstatesOne Bedroom One Bathroom1BR,1BA$999
Simonson Estates ApartmentsTwo Bedroom One Bathroom2BR,1BA$1,035
Nelson Estates Apartments2Bed_1Bath2BR,1BA$1,069

Best Value Apartments for Rent in Topeka, IN and Nearby

As of June 12, 2026 the best value apartment in the Topeka area is the $1.14 price per square foot The Frasier Model at Walnut Trails Apartments in the in the East Jackson neighborhood starting from $1,173. The second greatest value Topeka apartment is the 2 bed 2 bath 1000 sq ft Model at GREENLEAF starting at $1,175 with a $1.18 price per square foot in the East Jackson neighborhood. Here is today’s list of the best values for Topeka apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Walnut Trails ApartmentsThe Frasier2BR,2BA$1.14
GREENLEAF2 bed 2 bath 1000 sq ft2BR,2BA$1.18
GOLFVIEWTwo Bedroom2BR,2BA$1.01
Stoughton Estates ApartmentsTwo Bedroom2BR,1BA$1.24
Simonson Estates ApartmentsTwo Bedroom One Bathroom2BR,1BA$1.08
Nelson Estates Apartments2Bed_1Bath2BR,1BA$1.11
Forest Glen Apartments3 Bed3BR,1BA$1.23
Northway Manor2 Bedroom Townhouse2BR,1.5BA$1.21
Drake Terrace III2 Bedroom2BR,1BA$0.99
Kuder EstatesOne Bedroom One Bathroom1BR,1BA$1.33

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.

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Real 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.

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Quick 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.

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

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Frequently Asked Questions about Cheap Topeka Apartments

What is the Cheapest Studio apartment in Topeka?

Currently the most affordable Cheap Studio Apartment in Topeka is at The Delta listed at $1,445.

How much is rent for a Cheap One Bedroom Topeka Apartment?

The lowest price for a Cheap One Bedroom Topeka Apartment is $890 at Old Farm Apartments.

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

Today's best deal for a Cheap Two Bedroom Apartment in Topeka is starting from $741 at Drake Terrace III.

What is the most affordable Topeka Three Bedroom Apartment?

The best deal on a cheap Topeka Three Bedroom Apartment rental is at Drake Terrace III and starts from $776.

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

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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.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

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Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

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Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.