Cheap Apartments for Rent near Trafalgar, IN from $749 (54 Rentals)

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

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.

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Summit Pointe
Rent Specials
$1,123 - $1,748

Total Monthly Price

Base Rent$1,123 - $1,748
Total Monthly PriceVaries
1 to 3 Bedroom Apartments Available Now

Summit Pointe

2400 E Main StGreenwood, IN 46143
Corporate Housing
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  • Customer Reviewed
  • 3D Tour

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.

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Grove Crossing
Rent Specials
$1,345 - $1,675

Total Monthly Price

Base Rent$1,345 - $1,675
Total Monthly Price$1,345 - $1,675
1 to 2 Bedroom Apartments Available Soon

Grove Crossing

1680 Grove Crossing BlvdGreenwood, IN 46143
Senior Living
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  • Customer Reviewed
  • 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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The Hangar on Emerson
Rent Specials
$1,337 - $3,733

Total Monthly Price

Base Rent$1,337 - $3,733
Total Monthly PriceVaries
1 to 3 Bedroom Apartments Available Now

The Hangar on Emerson

1140 E Emerson Pointe DrGreenwood, IN 46143
Pet Friendly
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Clearview
Studio to 2 Bedroom Apartments

Clearview

715 Clearview DrGreenwood, IN 46143

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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Stonehedge Apartments
1 to 2 Bedroom Apartments

Stonehedge Apartments

1563 Stonehedge CtGreenwood, IN 46142
Corporate Housing
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The Row Apartments
2 to 3 Bedroom Apartments

The Row Apartments

57 Schoolhouse RdFranklin, IN 46131
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301 W Adams St
2 Bedroom Apartments

301 W Adams St

301 W Adams StFranklin, IN 46131
Student Housing

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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Trafalgar, IN Local Guide

Cheapest Available Trafalgar Apartments for Rent and Nearby

 

The cheapest available apartment rental in Trafalgar, IN is a 1 Bed unit found at Berkley Commons in the Winchester Village neighborhood priced from $749. Waterbury Apartments in the Tracy Commons neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $775. Here is today’s list of the most affordable Trafalgar apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Berkley CommonsOne Bedroom One Bath1BR, 1BA$749
Waterbury ApartmentsStudioStudio, 1BA$775
ClearviewThe BristolStudio, 1BA$780
Beechmill ApartmentsBeech1BR, 1BA$900
Courts of Valle Vista1Bed/1Ba-Dn (A)1BR, 1BA$944
Waterford Place ApartmentsThe Limerick1BR, 1BA$995
Yorktowne Farms Community1 Bed 1 Bath1BR, 1BA$1,000
Mission HillsA2 Costa Mesa1BR, 1BA$1,014
Buffalo Creek ApartmentsRuby1BR, 1BA$1,039
Polo Run ApartmentsThe Pinto 2 BR 1 BA2BR, 1BA$1,065

Best Value Apartments for Rent in Trafalgar, IN and Nearby

As of September 19, 2026 the best value apartment in the Trafalgar area is the $1.32 price per square foot 3 Bedroom 2.5 Bath Townhome Model at Mansfield Village Townhomes in the Winchester Village neighborhood starting from $2,175. The second greatest value Trafalgar apartment is the Hole in One Model at The Fairways at Valle Vista in the Tracy Commons neighborhood starting at $1,799 with a $1.31 price per square foot. Here is today’s list of the best values for Trafalgar apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Mansfield Village Townhomes3 Bedroom 2.5 Bath Townhome3BR, 2.5BA$1.32
The Fairways at Valle VistaHole in One2BR, 2.5BA$1.31
Greenwood Oaks2 Bed/2.5 Bath Town Home2BR, 2.5BA$1.17
Park Madison ApartmentsGarden Style 2 Bedroom/2 Bath Apartments2BR, 2BA$1.09
Oak ParkB3 Oak Glen Upgrade2BR, 1BA$1.17
Devonshire ApartmentsThe Wellington Renovated2BR, 2BA$1.26
Auburn Place2 Bedroom 1.5 Bath2BR, 1.5BA$1.15
185 - COUNTRY VIEW APARTMENTS3B/1L-WD3BR, 2BA$1.31
The Timbers ApartmentsThe Willow1BR, 1BA$1.37
The Row ApartmentsThe Picket2BR, 1BA$1.34

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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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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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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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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Trafalgar, IN

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Frequently Asked Questions about Cheap Trafalgar Apartments

What is the Cheapest Studio apartment in Trafalgar?

Currently the most affordable Cheap Studio Apartment in Trafalgar is at Waterbury Apartments listed at $775.

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

The lowest price for a Cheap One Bedroom Trafalgar Apartment is $749 at Berkley Commons.

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

Today's best deal for a Cheap Two Bedroom Apartment in Trafalgar is starting from $1,034 at Berkley Commons.

What is the most affordable Trafalgar Three Bedroom Apartment?

The best deal on a cheap Trafalgar Three Bedroom Apartment rental is at 185 - COUNTRY VIEW APARTMENTS and starts from $1,324.

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

decorative image for Rent According to Income: A Look at Income-Restricted Rentals article

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.

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How Commercial-to-Residential Property Conversions Help the Housing Crisis

Written by: Robin Stewart

Many housing markets throughout America share a common complaint: a lack of affordable rental properties.

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Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!

Written by: Robin Stewart

Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

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Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.