Cheap Apartments for Rent in Topeka, IN from $300 (29 Rentals)

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

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.

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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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Atz Place
1 to 2 Bedroom Apartments

Atz Place

301 E Wayne StKendallville, IN 46755
Senior Living
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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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property at 340 N Wayne St

$750 - $800

1 Bedroom Rentals

Available Now

340 N Wayne St

WaterlooIN46793
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The 2525
1 to 4 Bedroom Apartments

The 2525

2525 Durbin StWarsaw, IN 46580
  • Utilities Included

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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Showing Results 1-29, Page 1 of 1

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. Autumn Hills II Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $875. Here is today’s list of the most affordable Topeka apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Drake Terrace III2 Bedroom2BR,1BA$741
Autumn Hills II Apartments1 Bed, 1 bath1BR,1BA$875
Stone House Apartments1 Bedroom1BR,1BA$920
GOLFVIEWSmall Two Bedroom2BR,2BA$925
CedarwoodOne Bedroom Deluxe Upgrade1BR,1BA$1,020
Simonson Estates ApartmentsTwo Bedroom One Bathroom2BR,1BA$1,045
Deerfield VillageOne Bedroom1BR,1BA$1,050
Avalon Woods Apartment HomesStyle G2BR,1BA$1,055
Nelson Estates Apartments2Bed_1Bath2BR,1BA$1,069
Kuder EstatesOne Bedroom One Bathroom1BR,1BA$1,104

Best Value Apartments for Rent in Topeka, IN and Nearby

As of April 26, 2026 the best value apartment in the Topeka area is the $1.12 price per square foot Three Bedroom Model at GOLFVIEW in the in the South Elkhart neighborhood starting from $1,280. The second greatest value Topeka apartment is the The Oak Model at Walnut Trails Apartments starting at $1,314 with a $1.23 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.
GOLFVIEWThree Bedroom3BR,2BA$1.12
Walnut Trails ApartmentsThe Oak2BR,2BA$1.23
Hunter's Pond Apartments2x2 Upgrade2BR,2BA$1.36
Avalon Woods Apartment HomesStyle G2BR,1.5BA$1.02
GREENLEAF2 bed 2 bath 1000 sq ft2BR,2BA$1.15
Stoughton Estates ApartmentsTwo Bedroom2BR,1BA$1.25
Simonson Estates ApartmentsTwo Bedroom One Bathroom2BR,1BA$1.09
Nelson Estates Apartments2Bed_1Bath2BR,1BA$1.11
Drake Terrace III2 Bedroom2BR,1BA$0.99
Autumn Hills II Apartments1 Bed, 1 bath1BR,1BA$1.35

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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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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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!

Explore Topeka, IN Rentals by Map

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See the most popular apartments and homes in Topeka, IN

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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 $875 at Autumn Hills II 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 GOLFVIEW and starts from $1,280.

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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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

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What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.