Cheap Apartments for Rent in Trafalgar, IN from $600 (15 Rentals)

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

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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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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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. Polo Run Apartments in the Winchester Village neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $797. Here is today’s list of the most affordable Trafalgar apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Waterbury ApartmentsStudioStudio,1BA$775
Polo Run ApartmentsThe Shetland StudioStudio,1BA$797
Summit PointeThe Columbus1BR,1BA$894
ClearviewThe Hampton1BR,1BA$940
Auburn Place2 Bedroom 1 Bath2BR,1BA$956

Best Value Apartments for Rent in Trafalgar, IN and Nearby

As of January 27, 2026 the best value apartment in the Trafalgar area is the $1.18 price per square foot L3 Model at The Links at Franklin in the in the Cityview Farm neighborhood starting from $1,899. The second greatest value Trafalgar apartment is the E1r Model at Brixin Franklin starting at $1,699 with a $1.16 price per square foot in the Cityview Farm 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$1.18
Brixin FranklinE1r4BR,2BA$1.16
Copper Chase at Stones CrossingPlatinum3BR,2BA$1.19
Summit PointeThe Everest3BR,2BA$1.14
Mansfield Village Townhomes2 Bedroom 1.5 Bath Townhome2BR,1.5BA$1.24
Greenwood Oaks2 Bed/2.5 Bath Town Home2BR,2.5BA$1.17
Founders Pointe ApartmentsJay3BR,2BA$1.40
Park Madison Apartments2x2 R-Prem2BR,2BA$1.26
Oak ParkDale - Upgraded2BR,1BA$1.28
Berkley CommonsTwo Bedroom One Bath2BR,1BA$1.38

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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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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Remember the 3 Rules of Real Estate:
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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 $844 at Polo Run Apartments.

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 $956 at Auburn Place.

What is the most affordable Trafalgar Three Bedroom Apartment?

The best deal on a cheap Trafalgar Three Bedroom Apartment rental is at Berkley Commons and starts from $1,130.

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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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.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.