
Cheap Homes for Rent in Wallace, IN from $400 (11 Rentals)
Search the lowest-cost Homes available for rent right now in Wallace.


846 S 6th St

847 E Seminary St

115 State St N
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.

18 S Collett St

1207 Cleveland Ave

214 Edwards St
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.

1497 E Fairchild St

220 State St

906 Moore St

134 S Griffin St
Wallace, IN Local Guide

How much does it cost to rent a home in Wallace?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Wallace 2 Bedroom Homes for Rent | $890 | $725 | $1,175 |
Wallace 3 Bedroom Homes for Rent | $917 | $750 | $1,475 |
Wallace 4 Bedroom Homes for Rent | $940 | $895 | $975 |
Browse Top Homes for Rent in Wallace
Explore Wallace
Wallace, IN Local Guide
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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 Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Brookhaven | Studio | Studio,1BA | $525 |
Brunswick Apartments | Studio | Studio,1BA | $625 |
The Grove | 1 Bed 1 Bath | 1BR,1BA | $726 |
Downtown Lafayette Living! | Studio | 1BR,1BA | $795 |
Townway Place | 1 Beds, 1 Baths | 1BR,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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Avalon Bluffs | Grand - Garage Included | 3BR,2BA | $1.39 |
Devonshire Village | 2 Bed 2 Bath Private Entry | 2BR,2BA | $1.21 |
Southridge Commons | B1 | 2BR,2BA | $1.32 |
Cypress Square | 2BD/1BA | 2BR,1BA | $1.30 |
Georgetown South | 2 Bedroom | 2BR,1BA | $1.33 |
202 E Crockett | 2 Bedroom | 2BR,1BA | $1.05 |
Deerfield Commons Apartments | Prophet | 2BR,1BA | $1.40 |
Cross Winds Apartments | 1x1 800 Sq Ft | 1BR,1BA | $1.25 |
The Grove | 1 Bed 1 Bath | 1BR,1BA | $0.97 |
Townway Place | 1 Beds, 1 Baths | 1BR,1BA | $1.42 |
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Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Wallace, IN Rentals by Map
See the most popular apartments and homes in Wallace, IN
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.

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.

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.

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.

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.