
Cheap Apartments for Rent in Wabash, IN from $300 (51 Rentals)
Search the lowest-cost Apartments available for rent right now in Wabash.


Rock City Lofts

494 N Wabash St

Apperson Way Apartments

Your new home awaits!

Walnut Manor

Pine Manor Apartments

Turtle Creek Apartments

1302 W Sycamore St

Green Town Apartments
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

Turtle Creek Kokomo

Somerset Apartments

Pechewa Place

Come home to Granton Place today!

Carriage Place Apartments

Georgetown Apartments

Hilltop Ridge

Carter West Apartments & Townhouses

The Macy Apartments

Sycamore Apartments
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

UB Lofts

Reserve at Norwood Apartment Homes

Wabash River Commons

First Flats

Fieldcrest Apartments

Brentwood Greene

Beckford Place

801 W 10th St

805 N Washington St

900 North St
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

362 W 5th St

Senior Living 55+ - Historic Gallatin Square

2930 Albright

Roanoke Heights Apartments

Welcome to Somerset Village!

Lincolnwood Apartments

371 W 12th St

Holly Apartments

Estates At Eagle's Pointe

Millstone 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.

532 W Mulberry St

426 1/2 E Market St

1912 N Apperson Way

701 E Walnut St

1711 W 4th St

113 S Golding St

Thomas Jefferson Park

Imperial Apartments

1005 N Lincoln St

2501 N Apperson Way
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.
Wabash, IN Local Guide

How much does it cost to rent an apartment in Wabash?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Wabash Studio Apartments | $809 | $650 | $1,100 |
| Wabash 1 Bedroom Apartments | $976 | $398 | $1,700 |
| Wabash 2 Bedroom Apartments | $1,187 | $479 | $2,450 |
| Wabash 3 Bedroom Apartments | $1,170 | $490 | $1,750 |
| Wabash 4 Bedroom Apartments | $502 | $500 | $505 |
Browse Top Apartments in Wabash
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Wabash, IN Local Guide
- Nearby Cities
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Cheapest Available Wabash Apartments for Rent and Nearby
 The cheapest available apartment rental in Wabash, IN is a 1 Bed unit found at Apperson Way Apartments priced from $398. Walnut Manor has the second lowest priced unit, which is a Studio apartment currently listed from $650. Here is today’s list of the most affordable Wabash apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Apperson Way Apartments | 1 Bedroom | 1BR,1BA | $398 |
| Walnut Manor | STUDIO | Studio,1BA | $650 |
| Green Town Apartments | One Bd rm | 1BR,1BA | $700 |
| Turtle Creek Kokomo | Spring | Studio,1BA | $715 |
| Pechewa Place | Upstairs 1 Bedroom | 1BR,1BA | $729 |
| Millstone Apartments | 1 bedroom | 1BR,1BA | $750 |
| Holly Apartments | 1bed/1bath Partially Renovated | 1BR,1BA | $750 |
| Georgetown Apartments | 2BR/1.5BA | 2BR,1BA | $800 |
| Carter West Apartments & Townhouses | 1bed/1bath Partially Renovated | 1BR,1BA | $835 |
| Hilltop Ridge | 2 bed 1 bath | 2BR,1BA | $863 |
Best Value Apartments for Rent in Wabash, IN and Nearby
As of July 30, 2026 the best value apartment in the Wabash area is the $0.74 price per square foot Two Bedroom Model at Somerset Apartments in the starting from $913. The second greatest value Wabash 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 Wabash apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Somerset Apartments | Two Bedroom | 2BR,1.5BA | $0.74 |
| Union at Washington | 3 Bed 2 Bath | 3BR,2BA | $0.88 |
| Apperson Way Apartments | 3 Bedroom Townhomes | 3BR,2BA | $1.17 |
| Hilltop Ridge | 3 Bed 1 bath | 3BR,1BA | $1.01 |
| Ashbury Apartments | 2 Bed 1st floor UPDATED | 2BR,1BA | $1.10 |
| Turnberry Square Apartments | 2x2A | 2BR,2BA | $1.24 |
| Georgetown Apartments | 2BR/1.0BA | 2BR,1BA | $1.09 |
| UB Lofts | One Bedroom | 1BR,1BA | $1.21 |
| The Annex of Kokomo | 2 Bed 2 Bath | 2BR,2BA | $0.84 |
| Millstone Apartments | 1 bedroom | 1BR,1BA | $1.12 |
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.
Best Local Schools in Wabash, IN
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Wabash, IN Rentals by Map
See the most popular apartments and homes in Wabash, IN
Frequently Asked Questions about Cheap Wabash Apartments
What is the Cheapest Studio apartment in Wabash?
Currently the most affordable Cheap Studio Apartment in Wabash is at Walnut Manor listed at $650.
How much is rent for a Cheap One Bedroom Wabash Apartment?
The lowest price for a Cheap One Bedroom Wabash Apartment is $398 at Apperson Way Apartments.
What is the lowest price for a Cheap Two Bedroom Wabash Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Wabash is starting from $479 at Apperson Way Apartments.
What is the most affordable Wabash Three Bedroom Apartment?
The best deal on a cheap Wabash 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

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.