
Cheap Homes for Rent in Wakarusa, IN from $800 (15 Rentals)
Search the lowest-cost Homes available for rent right now in Wakarusa.


813 E Douglas St

1808 N Merrifield Ave

725 Grand Blvd

312 Stone Creek Dr
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.

1156 E Fox St

1929 Greenock St

111 1/2 S West St

724 E Lawrence St

2804 Delaware 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.

1211 E Donald St

350 Stone Creek Dr

1729 E Calvert St

2114 High St

2106 Milburn Blvd
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.
Wakarusa, IN Local Guide

How much does it cost to rent a home in Wakarusa?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Wakarusa 2 Bedroom Homes for Rent | $1,182 | $920 | $1,650 |
| Wakarusa 3 Bedroom Homes for Rent | $1,489 | $1,100 | $2,000 |
| Wakarusa 4 Bedroom Homes for Rent | $2,500 | $2,500 | $2,500 |
Browse Top Homes for Rent in Wakarusa
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Wakarusa, IN Local Guide
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Cheapest Available Wakarusa Apartments for Rent and Nearby
 The cheapest available apartment rental in Wakarusa, IN is a 1 Bed unit found at Avalon West Apartment Homes in the Bower neighborhood priced from $870. Cedarwood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $900. Here is today’s list of the most affordable Wakarusa apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Avalon West Apartment Homes | Plan A | 1BR,1BA | $870 |
| Cedarwood | One Bedroom | 1BR,1BA | $900 |
| Irish Hills Apartments | Standard One Bedroom | 1BR,1BA | $918 |
| Arbors at Riverbend Apartments | 1 Bedroom | 1BR,1BA | $940 |
| Avalon Woods Apartment Homes | Style G | 2BR,1BA | $1,055 |
Best Value Apartments for Rent in Wakarusa, IN and Nearby
As of April 21, 2026 the best value apartment in the Wakarusa area is the $1.43 price per square foot 3 Bed 2 Bath Model at Copperleaf Cove in the in the South Elkhart neighborhood starting from $1,849. 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Copperleaf Cove | 3 Bed 2 Bath | 3BR,2BA | $1.43 |
| North River Landing Apartments | The Whitewater | 2BR,2BA | $1.08 |
| Walnut Trails Apartments | The Oak | 2BR,2BA | $1.23 |
| Avalon Woods Apartment Homes | Style G | 2BR,1.5BA | $1.02 |
| The Highlands Apartments | Two Bedroom | 2BR,2BA | $1.38 |
| GREENLEAF | 2 bed 2 bath 1000 sq ft | 2BR,2BA | $1.15 |
| York Woods Center | 1BR/1BA LOFT | 1BR,1BA | $1.44 |
| Autumn Lakes Apartments and Townhomes | One Bedroom Traditional | 1BR,1BA | $1.46 |
| Arbors at Riverbend Apartments | 1 Bedroom | 1BR,1BA | $1.28 |
| Avalon West Apartment Homes | Plan A | 1BR,1BA | $1.52 |
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.
Read Article10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
Read ArticleDon'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 ArticleThe 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.
Read ArticleCash 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.
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 Wakarusa, IN Rentals by Map
See the most popular apartments and homes in Wakarusa, IN
Frequently Asked Questions about Wakarusa
What type of rentals are currently available in Wakarusa?
There are currently 42 Apartments for Rent in Wakarusa, IN with pricing that ranges from $605 to $3,200. There are also 30 Single Family Homes for rent, Condos, and Townhome rentals currently available in Wakarusa ranging from $875 to $2,500.
What is the current price range for Rental Homes in Wakarusa?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Wakarusa ranges from $875 to $2,500 with an average monthly rent of $1,599.
How much are larger Three and Four Bedroom Rentals in Wakarusa?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Wakarusa range from $940 to $3,200, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,100 to $2,000. Four Bedroom Single-Family rentals are also available starting from $2,500 and Four Bedroom Apartments start at $1,467.
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

The Expert List: South Bends 7 Most Livable and Affordable Neighborhoods
Written by: Chad Deitchley
As your ApartmentHomeLiving.com Local Expert for South Bend, Indiana I am happy to help you find an affordable place to live in this surprisingly vibrant and extremely livable city.

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.

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

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.