Cheap Apartments for Rent in Walton, IN from $500 (43 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
Lifestyle Matching SearchDone
Learn more about Lifestyle Search
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

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.

Read Article

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.

Read Article

Cash 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 Article
close
View Me
2930 Albright
1 to 2 Bedroom Apartments

2930 Albright

2930 Albright RdKokomo, IN 46902
  • Utilities Included

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

Read Article
close
View Me
Brentwood Greene
1 to 2 Bedroom Apartments

Brentwood Greene

1534 Dodge StKokomo, IN 46902
Senior Living
  • Utilities Included
close
View Me
Holly Apartments
1 Bedroom Apartments

Holly Apartments

1826 S Goyer RdKokomo, IN 46902
close
View Me
JEFFERSON CROSSING
2 to 3 Bedroom Apartments

JEFFERSON CROSSING

800 N Dixon RdKokomo, IN 46901
  • Utilities Included
close
View Me
Indigo
1 Bedroom Apartments

Indigo

532 W Mulberry StKokomo, IN 46901

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

Read Article
Showing Results 1-43, Page 1 of 1

Walton, IN Local Guide

Cheapest Available Walton Apartments for Rent and Nearby

 

The cheapest available apartment rental in Walton, IN is a 1 Bed unit found at Pechewa Place priced from $599. 900 North St has the second lowest priced unit, which is a Studio apartment currently listed from $599. Here is today’s list of the most affordable Walton apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Pechewa PlaceUpstairs 1 Bedroom1BR,1BA$599
900 North StStudioStudio,1BA$599
Turtle Creek FrankfortEmeraldStudio,1BA$625
The Annex of Kokomo3 bed 3 Bath3BR,3BA$667
Green Town ApartmentsOne Bd rm1BR,1BA$675
BECKFORD PLACE APARTMENTSApartment 1bd1BR,1BA$675
Turtle Creek KokomoSpringStudio,1BA$685
SOMERSET VILLAGE APARTMENTS1 bed small1BR,1BA$690
Lincolnwood Apartments1BR/1BA1BR,1BA$700
Brentwood Greene1 Bedroom Unit1BR,1BA$723

Best Value Apartments for Rent in Walton, IN and Nearby

As of October 22, 2025 the best value apartment in the Walton area is the $0.68 price per square foot Two Bedroom Model at Somerset Apartments in the starting from $840. The second greatest value Walton 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 Walton apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Somerset ApartmentsTwo Bedroom2BR,1.5BA$0.68
Union at Washington3 Bed 2 Bath3BR,2BA$0.88
55+ Historic Gallatin Square SeniorTwo Bedroom2BR,1BA$1.06
Eastgate Townhomes2 Bed 1 Bath Townhome2BR,1BA$1.05
Georgetown Apartments2BR/1.5BA2BR,1.5BA$1.05
Fox Acres Apartments1 Bed Room1BR,1BA$1.11
The Annex of Kokomo2 Bed 2 Bath2BR,2BA$0.84
900 North StStudioStudio ,1BA$0.86
MILLSTONE APARTMENTS1 bedroom1BR,1BA$1.12
SOMERSET VILLAGE APARTMENTS1 bed larger1BR,1BA$1.13

Apartment Common Area Rules: What Renters Need to Know

From the lounge to the laundry room, understand your rights and responsibilities in shared apartment spaces. Get tips on pet rules, noise, and security.

Read Article
Decorative image

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 Article
Decorative image

The 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 Article
Decorative image

Quick 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.

decorative image of people with a giant lease agreement

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

Explore Walton, IN Rentals by Map

Decorative image of map

See the most popular apartments and homes in Walton, IN

View Map
Walton, IN Apartments Map
View Map
Walton, IN Rental Homes Map

Getting Around Walton, IN

Walk Score®

6 / 100

Car-Dependent

Almost all errands require a car

Bike Score®

27 / 100

Somewhat Bikeable

Minimal bike infrastructure

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

Frequently Asked Questions about Cheap Walton Apartments

What is the Cheapest Studio apartment in Walton?

Currently the most affordable Cheap Studio Apartment in Walton is at 900 North St listed at $599.

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

The lowest price for a Cheap One Bedroom Walton Apartment is $599 at Pechewa Place.

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

Today's best deal for a Cheap Two Bedroom Apartment in Walton is starting from $699 at Pechewa Place.

What is the most affordable Walton Three Bedroom Apartment?

The best deal on a cheap Walton Three Bedroom Apartment rental is at The Annex of Kokomo and starts from $667.

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.

decorative image for Apartment Common Area Rules: What Renters Need to Know article

Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

decorative image for How to Negotiate Your Apartment Lease and Save Money article

How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

decorative image for The Rental Move-In Inspection Checklist: A Guide for Renters article

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.

decorative image for Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between article

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.