Cheap Apartments for Rent in Wakarusa, IN from $605 (48 Rentals)

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

The Expert List: South Bend's 7 Most Livable and Affordable Neighborhoods

Discover affordable South Bend neighborhoods like Swanson Park and Wooded Estates. Find your ideal rental with easy access to parks, shops, and community events.

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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.

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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.

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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.

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Aspen Meadows
1 to 3 Bedroom Apartments

Aspen Meadows

1227 Briarwood BlvdGoshen, IN 46526
  • Utilities Included
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121-123 S Main St
2 Bedroom Apartments

121-123 S Main St

121 S Main StElkhart, IN 46516
  • Utilities Included

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.

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Wakarusa, IN Local Guide

Cheapest Available Wakarusa Apartments for Rent and Nearby

 

The cheapest available apartment rental in Wakarusa, IN is a 1 Bed unit found at Farmington Hills in the Impact neighborhood priced from $870. Old Farm Apartments in the Impact neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $878. Here is today’s list of the most affordable Wakarusa apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Farmington Hills1B1BR,1BA$870
Old Farm ApartmentsOne Bedroom1BR,1BA$878
Avalon West Apartment Homes1B/1B-Up1BR,1BA$885
Forest Glen Apartments1 Bed1BR,1BA$895
Northway Manor1 Bedroom A1BR,1BA$925
Irish Hills ApartmentsClassic One Bedroom1BR,1BA$934
The Retreat Apartment Homes1 bd1BR,1BA$972
River Pointe ApartmentsWayfarer1BR,1BA$1,000
Avalon Woods Apartment HomesStyle F2BR,1BA$1,045
Woodwind Apartments1x11BR,1BA$1,069

Best Value Apartments for Rent in Wakarusa, IN and Nearby

As of September 14, 2026 the best value apartment in the Wakarusa area is the $1.40 price per square foot Two Bedroom Ranch Model at Autumn Lakes Apartments and Townhomes in the in the Mishawaka neighborhood starting from $2,597. The second greatest value Wakarusa apartment is the The Whitewater Model at North River Landing Apartments starting at $1,300 with a $1.08 price per square foot in the Bower neighborhood. Here is today’s list of the best values for Wakarusa apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Autumn Lakes Apartments and TownhomesTwo Bedroom Ranch2BR,2BA$1.40
North River Landing ApartmentsThe Whitewater2BR,2BA$1.08
Arbors at Riverbend Apartments3 Bedroom3BR,2BA$1.14
Avalon Woods Apartment HomesStyle G2BR,1.5BA$1.03
GREENLEAF2 bed 2 bath 1000 sq ft2BR,2BA$1.18
River Pointe ApartmentsWayfarer1BR,1.5BA$1.19
Westgate Manor Apartments2 Bedroom2BR,1BA$1.32
Forest Glen Apartments2 BDR2BR,1BA$1.35
The Retreat Apartment Homes1 bd1BR,1BA$1.37
Avalon West Apartment Homes1B/1B-Up1BR,1BA$1.36

Top Neighborhoods to Rent Near Major Colleges and Universities in South Bend, IN

Find your ideal affordable rental near the University of Notre Dame, St. Mary's College, and Ivy Tech in South Bend, IN. Explore top neighborhoods now.

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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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Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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Real 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.

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

Explore Wakarusa, IN Rentals by Map

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Frequently Asked Questions about Cheap Wakarusa Apartments

What is the Cheapest Studio apartment in Wakarusa?

Currently the most affordable Cheap Studio Apartment in Wakarusa is at Ariel Cycle Works listed at $1,080.

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

The lowest price for a Cheap One Bedroom Wakarusa Apartment is $870 at Farmington Hills.

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

Today's best deal for a Cheap Two Bedroom Apartment in Wakarusa is starting from $1,010 at Forest Glen Apartments.

What is the most affordable Wakarusa Three Bedroom Apartment?

The best deal on a cheap Wakarusa Three Bedroom Apartment rental is at Forest Glen Apartments and starts from $1,165.

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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Top Neighborhoods to Rent Near Major Colleges and Universities in South Bend, IN

Written by: Wendy Melton

If Indiana is a central hub for the Midwest, South Bend is one of its strongest connectors, especially where education is concerned.

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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.

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Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!

Written by: Robin Stewart

Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

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Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.