Cheap Homes for Rent in Wallace, IN from $400 (11 Rentals)

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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.

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.

Wallace, IN Local Guide

Cheapest Available Wallace Apartments for Rent and Nearby

 

The cheapest available apartment rental in Wallace, IN is a Studio unit found at Brookhaven priced from $525. Brunswick Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $625. Here is today’s list of the most affordable Wallace apartments for rent:

Apartment ListingModel NameBed/BathPriced From
BrookhavenStudioStudio,1BA$525
Brunswick ApartmentsStudioStudio,1BA$625
The Grove1 Bed 1 Bath1BR,1BA$726
Downtown Lafayette Living!Studio1BR,1BA$795
Townway Place1 Beds, 1 Baths1BR,1BA$850

Best Value Apartments for Rent in Wallace, IN and Nearby

As of September 08, 2025 the best value apartment in the Wallace area is the $1.39 price per square foot Grand - Garage Included Model at Avalon Bluffs in the starting from $2,200. The second greatest value Wallace apartment is the 2 Bed 2 Bath Private Entry Model at Devonshire Village starting at $1,450 with a $1.21 price per square foot . Here is today’s list of the best values for Wallace apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Avalon BluffsGrand - Garage Included3BR,2BA$1.39
Devonshire Village2 Bed 2 Bath Private Entry2BR,2BA$1.21
Southridge CommonsB12BR,2BA$1.32
Cypress Square2BD/1BA2BR,1BA$1.30
Georgetown South2 Bedroom2BR,1BA$1.33
202 E Crockett2 Bedroom2BR,1BA$1.05
Deerfield Commons ApartmentsProphet2BR,1BA$1.40
Cross Winds Apartments1x1 800 Sq Ft1BR,1BA$1.25
The Grove1 Bed 1 Bath1BR,1BA$0.97
Townway Place1 Beds, 1 Baths1BR,1BA$1.42

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

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Frequently Asked Questions about Wallace

What type of rentals are currently available in Wallace?

There are currently 46 Apartments for Rent in Wallace, IN with pricing that ranges from $525 to $2,681. There are also 37 Single Family Homes for rent, Condos, and Townhome rentals currently available in Wallace ranging from $450 to $2,950.

What is the current price range for Rental Homes in Wallace?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Wallace ranges from $450 to $2,950 with an average monthly rent of $1,055.

How much are larger Three and Four Bedroom Rentals in Wallace?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Wallace range from $850 to $2,200, while Three Bedroom Homes, Condos, and Townhomes for rent range from $750 to $1,475. Four Bedroom Single-Family rentals are also available starting from $895 and Four Bedroom Apartments start at $1,295.

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 Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.

decorative image for The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro article

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

decorative image for Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting article

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Written by: Christine Leonard, Esq.

Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.