Cheap Apartments for Rent in Topeka, IN from $500 (35 Rentals)

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

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 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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The Watershed
Studio to 2 Bedroom Apartments

The Watershed

110 W Chicago RdSturgis, MI 49091

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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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 2525
1 to 4 Bedroom Apartments

The 2525

2525 Durbin StWarsaw, IN 46580
  • Utilities Included

Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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Showing Results 1-35, 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 $721. Cedarwood has the second lowest priced unit, which is a Studio apartment currently listed from $840. Here is today’s list of the most affordable Topeka apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Drake Terrace III2 Bedroom2BR,1BA$721
CedarwoodStudioStudio,1BA$840
Elkhart Green Apartments11BR,1BA$865
Deerfield VillageOne Bedroom1BR,1BA$875
GOLFVIEWSmall Two Bedroom2BR,2BA$885
Welcome to Tippe River Downs1x1 Senior Villa1BR,1BA$899
Woodwind Apartments1 BR/ 1 BA1BR,1BA$929
Simonson Estates ApartmentsTwo Bedroom One Bathroom2BR,1BA$1,015
Kuder EstatesTwo Bedroom One Bathroom2BR,1BA$1,019
Northway Manor2 Bedroom Townhouse2BR,1BA$1,025

Best Value Apartments for Rent in Topeka, IN and Nearby

As of July 22, 2025 the best value apartment in the Topeka area is the $1.25 price per square foot 2 Bedroom/ 2 Bath - Hunter's Pond Model at Hunter's Pond in the in the East Jackson neighborhood starting from $1,329. The second greatest value Topeka apartment is the 2 bed 2 bath 1000 sq ft Model at GREENLEAF starting at $1,100 with a $1.10 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.
Hunter's Pond2 Bedroom/ 2 Bath - Hunter's Pond2BR,2BA$1.25
GREENLEAF2 bed 2 bath 1000 sq ft2BR,2BA$1.10
GOLFVIEWTwo Bedroom2BR,2BA$0.94
Simonson Estates ApartmentsTwo Bedroom One Bathroom2BR,1BA$1.06
Kuder EstatesTwo Bedroom One Bathroom2BR,1BA$1.06
Nelson Estates Apartments2Bed_1Bath2BR,1BA$1.14
Northway Manor2 Bedroom Townhouse2BR,1.5BA$1.10
River Point West1/11BR,1BA$1.13
Drake Terrace III2 Bedroom2BR,1BA$0.96
Elkhart Green Apartments11BR,1BA$1.20

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

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Getting Around Topeka, IN

Walk Score®

13 / 100

Car-Dependent

Almost all errands require a car

Bike Score®

56 / 100

Bikeable

Some bike infrastructure

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

Frequently Asked Questions about Cheap Topeka Apartments

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

The lowest price for a Cheap One Bedroom Topeka Apartment is $865 at Elkhart Green 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 $721 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 Welcome to Tippe River Downs and starts from $1,595.

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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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.