
Cheap Homes for Rent near Topeka, IN from $300 (9 Rentals)
Search the lowest-cost Homes available for rent right now in Topeka.


1610 Tippecanoe Dr

3451 W 100 N

203 S Riley St
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.

520 Sherman St

204 Autumn Hls Dr

403 Autumn Hls Dr

110 N Union Dr
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.

1902 Sand Dollar Dr
Topeka, IN Local Guide

How much does it cost to rent a home in Topeka?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Topeka 2 Bedroom Homes for Rent | $1,152 | $300 | $1,795 |
| Topeka 3 Bedroom Homes for Rent | $1,637 | $1,100 | $2,200 |
| Topeka 4 Bedroom Homes for Rent | $2,024 | $1,100 | $4,000 |
| Topeka 5 Bedroom Homes for Rent | $2,900 | $1,900 | $3,900 |
Browse Top Homes for Rent in Topeka
Explore Topeka
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. Farmington Hills in the Impact neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $870. 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 |
| Farmington Hills | 1B | 1BR,1BA | $870 |
| Autumn Hills II Apartments | 1 Bedroom | 2BR,1BA | $875 |
Best Value Apartments for Rent in Topeka, IN and Nearby
As of July 26, 2026 the best value apartment in the Topeka area is the $1.18 price per square foot 2 bed 2 bath 1000 sq ft Model at GREENLEAF in the in the East Jackson neighborhood starting from $1,175. The second greatest value Topeka apartment is the Two Bedroom - Fully Renovated Model at GOLFVIEW starting at $1,350 with a $1.38 price per square foot in the South Elkhart 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. |
|---|---|---|---|
| GREENLEAF | 2 bed 2 bath 1000 sq ft | 2BR,2BA | $1.18 |
| GOLFVIEW | Two Bedroom - Fully Renovated | 2BR,2BA | $1.38 |
| Stoughton Estates Apartments | Two Bedroom | 2BR,1BA | $1.30 |
| Simonson Estates Apartments | Two Bedroom One Bathroom | 2BR,1BA | $1.08 |
| Nelson Estates Apartments | 2Bed_1Bath | 2BR,1BA | $1.04 |
| Kuder Estates | Two Bedroom One Bathroom | 2BR,1BA | $1.09 |
| Fawn River Apartments | 1 Bed | 1BR,1BA | $0.97 |
| Forest Glen Apartments | 2 BDR | 2BR,1BA | $1.35 |
| Drake Terrace III | 2 Bedroom | 2BR,1BA | $0.99 |
| Autumn Hills II Apartments | 1 Bedroom | 2BR,1BA | $1.39 |
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!
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See the most popular apartments and homes in Topeka, IN
Frequently Asked Questions about Topeka
What type of rentals are currently available in Topeka?
There are currently 50 Apartments for Rent in Topeka, IN with pricing that ranges from $605 to $3,775. There are also 40 Single Family Homes for rent, Condos, and Townhome rentals currently available in Topeka ranging from $295 to $4,000.
What is the current price range for Rental Homes in Topeka?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Topeka ranges from $295 to $4,000 with an average monthly rent of $1,702.
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.

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.

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.