Cheap Apartments for Rent in Urbana, IN from $300 (23 Rentals)

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

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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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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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North Ridge Apartments
1 to 3 Bedroom Apartments

North Ridge Apartments

718 N State Road 9Columbia City, IN 46725
  • 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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Showing Results 1-23, Page 1 of 1

Urbana, IN Local Guide

Cheapest Available Urbana Apartments for Rent and Nearby

 

The cheapest available apartment rental in Urbana, IN is a 1 Bed unit found at Historic Gallatin Square Senior Apartments priced from $357. UB Lofts has the second lowest priced unit, which is a Studio apartment currently listed from $680. Here is today’s list of the most affordable Urbana apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Historic Gallatin Square Senior ApartmentsOne Bedroom1BR,1BA$357
UB LoftsStudioStudio,1BA$680
SOMERSET VILLAGE APARTMENTS1 bed larger1BR,1BA$690
Turtle Creek ApartmentsStudioStudio,1BA$695
Carriage Place ApartmentsThe Edison1BR,1BA$786

Best Value Apartments for Rent in Urbana, IN and Nearby

As of June 10, 2025 the best value apartment in the Urbana area is the $1.20 price per square foot 3 Bedroom Model at Homestead Townhomes in the in the Southwest Fort Wayne neighborhood starting from $1,799. The second greatest value Urbana apartment is the 3 bedroom Model at Granton Place Apartments starting at $975 with a $0.73 price per square foot . Here is today’s list of the best values for Urbana apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Homestead Townhomes3 Bedroom3BR,2.5BA$1.20
Granton Place Apartments3 bedroom3BR,1.5BA$0.73
Somerset ApartmentsTwo Bedroom2BR,1.5BA$0.68
MILLSTONE APARTMENTS2 bedroom 1 bath2BR,1BA$0.87
BECKFORD PLACE APARTMENTSApartment 2bd2BR,1BA$0.82
Historic Gallatin Square Senior ApartmentsTwo Bedroom2BR,1BA$1.00
Wabash River Commons2B2B SENIOR2BR,2BA$1.18
Simonson Estates ApartmentsTwo Bedroom One Bathroom2BR,1BA$1.05
Kuder EstatesTwo Bedroom One Bathroom2BR,1BA$1.06
SOMERSET VILLAGE APARTMENTS1 bed larger1BR,1BA$1.13

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Urbana, IN Rentals by Map

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See the most popular apartments and homes in Urbana, IN

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Frequently Asked Questions about Cheap Urbana Apartments

What is the Cheapest Studio apartment in Urbana?

Currently the most affordable Cheap Studio Apartment in Urbana is at UB Lofts listed at $680.

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

The lowest price for a Cheap One Bedroom Urbana Apartment is $357 at Historic Gallatin Square Senior Apartments.

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

Today's best deal for a Cheap Two Bedroom Apartment in Urbana is starting from $800 at BECKFORD PLACE APARTMENTS.

What is the most affordable Urbana Three Bedroom Apartment?

The best deal on a cheap Urbana Three Bedroom Apartment rental is at Granton Place Apartments and starts from $975.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

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The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

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Navigating the Rental Market: Tips for First-Time Renters

Written by: Sandy Baker

Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.