
Cheap Apartments for Rent in Topeka, IN from $600 (42 Rentals)
Search the lowest-cost Apartments available for rent right now in Topeka.


Elkhart Green

Drake Terrace III

Cedarwood

Northway Manor

FARMINGTON HILLS

Walnut Trails Apartments

GOLFVIEW
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.

Old Farm Apartments

Forest Glen Apartments

River Park Villa Apartments

Fawn River Apartments

Stone House Apartments

Deerfield Village

Simonson Estates Apartments

Nelson Estates Apartments
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.

The Retreat Apartment Homes

Autumn Hills II Apartments

Kuder Estates

Westgate Manor Apartments

Stonewater at the Riverwalk

Avalon Woods Apartment Homes

Tippe River Downs

Orchard Ridge
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.

221 Columbia St

1610 Tippecanoe Dr

3451 W 100 N

1606 Tippecanoe Dr

217 S Scott St

701 E Market St

125 W Orange St

The Watershed
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.

1131 S Main St

216 S Cavin St

705 Lake Ave

502 Chinworth Ct

16950 Woodland Dr

110 N Union Dr

The 2525

1901 N Sand Dollar Dr
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.

Aspen Meadows

Urban Oak Apartment Homes
Topeka, IN Local Guide

How much does it cost to rent an apartment in Topeka?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Topeka Studio Apartments | $1,001 | $605 | $1,445 |
| Topeka 1 Bedroom Apartments | $1,240 | $655 | $2,040 |
| Topeka 2 Bedroom Apartments | $1,396 | $741 | $3,500 |
| Topeka 3 Bedroom Apartments | $1,768 | $776 | $3,174 |
Browse Top Apartments in Topeka
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Topeka, IN Local Guide
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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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Drake Terrace III | 2 Bedroom | 2BR,1BA | $741 |
| Old Farm Apartments | One Bedroom | 1BR,1BA | $890 |
| Forest Glen Apartments | 1 Bed | 1BR,1BA | $895 |
| Cedarwood | One Bedroom | 1BR,1BA | $900 |
| Deerfield Village | One Bedroom | 1BR,1BA | $945 |
| GOLFVIEW | Two Bedroom | 2BR,2BA | $985 |
| Autumn Hills II Apartments | 1 Bedroom | 1BR,1BA | $995 |
| Kuder Estates | One Bedroom One Bathroom | 1BR,1BA | $999 |
| Simonson Estates Apartments | Two Bedroom One Bathroom | 2BR,1BA | $1,035 |
| Nelson Estates Apartments | 2Bed_1Bath | 2BR,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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Walnut Trails Apartments | The Frasier | 2BR,2BA | $1.14 |
| GREENLEAF | 2 bed 2 bath 1000 sq ft | 2BR,2BA | $1.18 |
| GOLFVIEW | Two Bedroom | 2BR,2BA | $1.01 |
| Stoughton Estates Apartments | Two Bedroom | 2BR,1BA | $1.24 |
| Simonson Estates Apartments | Two Bedroom One Bathroom | 2BR,1BA | $1.08 |
| Nelson Estates Apartments | 2Bed_1Bath | 2BR,1BA | $1.11 |
| Forest Glen Apartments | 3 Bed | 3BR,1BA | $1.23 |
| Northway Manor | 2 Bedroom Townhouse | 2BR,1.5BA | $1.21 |
| Drake Terrace III | 2 Bedroom | 2BR,1BA | $0.99 |
| Kuder Estates | One Bedroom One Bathroom | 1BR,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.
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 Topeka, IN Rentals by Map
See the most popular apartments and homes in Topeka, IN
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

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.

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.

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.

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.