
Cheap Apartments for Rent in Twelve Mile, IN from $300 (17 Rentals)
Search the lowest-cost Apartments available for rent right now in Twelve Mile.


Willow Creek Villas

MAPLE CREST

First Flats

Pine Manor Apartments
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.

1302 W Sycamore St

Walnut Manor

Welcome to Somerset Village!

3451 W 100 S

900 North St
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.

362 W 5th St

Holly Apartments

2930 Albright

1 E Superior St

371 W 12th St
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.

723 W Jefferson St

Lincolnwood Apartments
Twelve Mile, IN Local Guide

How much does it cost to rent an apartment in Twelve Mile?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Twelve Mile Studio Apartments | $826 | $699 | $1,100 |
| Twelve Mile 1 Bedroom Apartments | $931 | $398 | $1,691 |
| Twelve Mile 2 Bedroom Apartments | $1,156 | $479 | $2,450 |
| Twelve Mile 3 Bedroom Apartments | $1,169 | $525 | $1,695 |
| Twelve Mile 4 Bedroom Apartments | $885 | $505 | $1,600 |
Browse Top Apartments in Twelve Mile
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Twelve Mile, IN Local Guide
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Cheapest Available Twelve Mile Apartments for Rent and Nearby
 The cheapest available apartment rental in Twelve Mile, IN is a 1 Bed unit found at Apperson Way Apartments priced from $398. Holly Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $650. Here is today’s list of the most affordable Twelve Mile apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Apperson Way Apartments | 1 Bedroom | 1BR,1BA | $398 |
| Holly Apartments | 1bed/1bath Partially Renovated | 1BR,1BA | $650 |
| First Flats | 1bed/1bath Non-Renovated | 1BR,1BA | $675 |
| Pine Manor Apartments | 1BR/1.0BA | 1BR,1BA | $675 |
| Walnut Manor | STUDIO | Studio,1BA | $699 |
Best Value Apartments for Rent in Twelve Mile, IN and Nearby
As of May 31, 2026 the best value apartment in the Twelve Mile area is the $0.71 price per square foot 2 Bedroom Unit Model at Brentwood Greene in the starting from $850. The second greatest value Twelve Mile apartment is the 3 Bed 2 Bath Model at Union at Washington starting at $1,017 with a $0.88 price per square foot . Here is today’s list of the best values for Twelve Mile apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Brentwood Greene | 2 Bedroom Unit | 2BR,1BA | $0.71 |
| Union at Washington | 3 Bed 2 Bath | 3BR,2BA | $0.88 |
| Winding Brook Apartments | 3 Bedroom Town Home | 3BR,1.5BA | $1.19 |
| Apperson Way Apartments | 3 Bedroom Townhomes | 3BR,2BA | $1.17 |
| Hilltop Ridge | 3 bed Mid Income Qualifying 3 bed | 3BR,1BA | $0.88 |
| Ashbury Apartments | 2 bed 2nd floor UPDATED | 2BR,1BA | $1.01 |
| MAPLE CREST | 2x1WD | 2BR,1BA | $1.04 |
| Fox Acres Apartments | 1 Bed Room | 1BR,1BA | $1.11 |
| The Annex of Kokomo | 2 Bed 2 Bath | 2BR,2BA | $0.73 |
| Holly Apartments | 1bed/1bath Partially Renovated | 1BR,1BA | $1.08 |
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!
Explore Twelve Mile, IN Rentals by Map
See the most popular apartments and homes in Twelve Mile, IN
Frequently Asked Questions about Cheap Twelve Mile Apartments
What is the Cheapest Studio apartment in Twelve Mile?
Currently the most affordable Cheap Studio Apartment in Twelve Mile is at Walnut Manor listed at $699.
How much is rent for a Cheap One Bedroom Twelve Mile Apartment?
The lowest price for a Cheap One Bedroom Twelve Mile Apartment is $398 at Apperson Way Apartments.
What is the lowest price for a Cheap Two Bedroom Twelve Mile Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Twelve Mile is starting from $479 at Apperson Way Apartments.
What is the most affordable Twelve Mile Three Bedroom Apartment?
The best deal on a cheap Twelve Mile Three Bedroom Apartment rental is at Apperson Way Apartments and starts from $551.
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

Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.

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.

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.

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.