Cheap Apartments for Rent in Trafalgar, IN from $600 (54 Rentals)

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

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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Summit Pointe
$1,136 - $1,715
Total Monthly Price

Total Monthly Price

Base Rent
$1,136 - $1,715
Total Monthly Price
Varies
1 to 3 Bedroom Apartments Available Now

Summit Pointe

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

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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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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Grove Crossing
Rent Specials
$1,395 - $1,720
Total Monthly Price

Total Monthly Price

Base Rent
$1,395 - $1,720
Total Monthly Price
$1,395 - $1,720
1 to 2 Bedroom Apartments Available Now

Grove Crossing

1680 Grove Crossing BlvdGreenwood, IN 46143
Senior Living
  • Verified
  • Customer Reviewed
  • Utilities Included
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Clearview
Studio to 2 Bedroom Apartments

Clearview

715 Clearview DrGreenwood, IN 46143
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Pleasant Creek Apartments
Studio to 2 Bedroom Apartments

Pleasant Creek Apartments

2816 E County Line RdIndianapolis, IN 46227
  • 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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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
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Honey Creek
2 to 3 Bedroom Apartments

Honey Creek

1786 Honey LnGreenwood, IN 46143
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Emerald Lakes
1 to 2 Bedroom Apartments

Emerald Lakes

1180 Emerald Lakes DrGreenwood, IN 46143

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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Trafalgar, IN Local Guide

Cheapest Available Trafalgar Apartments for Rent and Nearby

 

The cheapest available apartment rental in Trafalgar, IN is a Studio unit found at Clearview in the Tracy Commons neighborhood priced from $735. 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
ClearviewThe BristolStudio,1BA$735
Waterbury ApartmentsStudioStudio,1BA$775
The Fairways at Valle VistaBirdie1BR,1BA$899
Polo Run ApartmentsThe Thoroughbred 2 BR 1 BA2BR,1BA$931
Yorktowne Farms Community1 Bed 1 Bath1BR,1BA$975
Courts of Valle Vista1Bd/1Ba-Dn (DV)1BR,1BA$984
Beechmill ApartmentsBeech1BR,1BA$985
Westminster Apartments and TownhomesStafford1BR,1BA$995
Auburn Place1 Bedroom 1 Bath1BR,1BA$1,033
St. Andrews1Bd/1Ba Superior 2 Shwr1BR,1BA$1,050

Best Value Apartments for Rent in Trafalgar, IN and Nearby

As of May 06, 2026 the best value apartment in the Trafalgar area is the $1.20 price per square foot L3 Model at The Links at Franklin in the in the Cityview Farm neighborhood starting from $1,937. The second greatest value Trafalgar apartment is the Four Bedroom 2.5 Bath TH Model at Berkley Commons starting at $1,575 with a $1.15 price per square foot in the Winchester Village neighborhood. 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.
The Links at FranklinL33BR,2BA$1.20
Berkley CommonsFour Bedroom 2.5 Bath TH4BR,2.5BA$1.15
Greenwood Oaks2 Bed/2.5 Bath Town Home2BR,2.5BA$1.05
Park Madison Apartments2x22BR,2BA$1.09
The Village at Sandstone ApartmentsSpire2BR,2BA$1.36
Waterford Place ApartmentsThe Donegal2BR,1.5BA$1.23
Pinebrook Apartments2x22BR,2BA$1.39
Stonehedge ApartmentsThe Luna2BR,1BA$1.18
Oak ParkTimber - Upgraded2BR,1BA$1.21
Summit PointeThe Columbus1BR,1BA$1.37

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Learn the property manager's true secrets to a zero-deduction move-out. Use this step-by-step guide on documentation, cleaning, and lease-reading to reclaim your security deposit.

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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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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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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 Clearview listed at $735.

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

The lowest price for a Cheap One Bedroom Trafalgar Apartment is $899 at The Fairways at Valle Vista.

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 $931 at Polo Run Apartments.

What is the most affordable Trafalgar Three Bedroom Apartment?

The best deal on a cheap Trafalgar Three Bedroom Apartment rental is at Westminster Apartments and Townhomes and starts from $1,350.

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 A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back article

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

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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.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

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.