Cheap Apartments for Rent in Trafalgar, IN from $600 (27 Rentals)

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

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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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Summit Pointe
$955 - $1,739
Total Monthly Price

Total Monthly Price

Base Rent
$923 - $1,707
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Total Monthly Price
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1 to 3 Bedroom Apartments Available Now

Summit Pointe

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

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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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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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Pleasant Creek Apartments
Studio to 2 Bedroom Apartments

Pleasant Creek Apartments

2816 E County Line RdIndianapolis, IN 46227
  • Utilities Included

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 Waterbury Apartments in the Tracy Commons neighborhood priced from $775. Berkley Commons in the Winchester Village neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $925. Here is today’s list of the most affordable Trafalgar apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Waterbury ApartmentsStudioStudio,1BA$775
Berkley CommonsOne Bedroom One Bath1BR,1BA$925
Summit PointeThe Columbus1BR,1BA$955
Polo Run ApartmentsThe Pinto 2 BR 1 BA2BR,1BA$960
Auburn Place1 Bedroom 1 Bath1BR,1BA$973
Yorktowne Farms Community1 Bed 1 Bath1BR,1BA$975
Beechmill ApartmentsBeech1BR,1BA$985
Waterford Place ApartmentsThe Limerick1BR,1BA$995
Westminster Apartments and TownhomesStafford1BR,1BA$999
The Fairways at Valle VistaWedge1BR,1BA$999

Best Value Apartments for Rent in Trafalgar, IN and Nearby

As of March 14, 2026 the best value apartment in the Trafalgar area is the $1.11 price per square foot L3 Model at The Links at Franklin in the in the Cityview Farm neighborhood starting from $1,799. The second greatest value Trafalgar apartment is the 2 Bedroom 1.5 Bath Townhome Model at Mansfield Village Townhomes starting at $1,650 with a $1.24 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$1.11
Mansfield Village Townhomes2 Bedroom 1.5 Bath Townhome2BR,1.5BA$1.24
Greenwood Oaks2 Bed/2.5 Bath Town Home2BR,2.5BA$1.09
Park Madison Apartments2x2 R-Prem2BR,2BA$1.13
The Village at Sandstone ApartmentsSpire2BR,2BA$1.36
Stonehedge ApartmentsThe Luna2BR,1BA$1.24
Oak ParkDale - Upgraded2BR,1BA$1.28
Copper Chase at Stones CrossingBismuth1BR,1BA$1.35
Honey CreekHive Renovated2BR,2BA$1.36
Summit PointeThe Tanzania1BR,1BA$1.27

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

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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 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 $925 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 $960 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 Yorktowne Farms Community and starts from $1,375.

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

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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.

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.