
Cheap Homes for Rent near Walton, IN from $650 (11 Rentals)
Search the lowest-cost Homes available for rent right now in Walton.


1218 E Broadway

723 W Jefferson St

112 N Green St

831 S Webster St
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712 S Union St

2501 N Apperson Way

2325 N Locke St

430 S Armstrong St

1414 W Mulberry St
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1105 E Mulberry St
Walton, IN Local Guide

How much does it cost to rent a home in Walton?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Walton 2 Bedroom Homes for Rent | $1,140 | $950 | $1,500 |
| Walton 3 Bedroom Homes for Rent | $1,331 | $1,050 | $1,650 |
| Walton 4 Bedroom Homes for Rent | $1,425 | $1,200 | $1,700 |
| Walton 5 Bedroom Homes for Rent | $2,200 | $2,200 | $2,200 |
Browse Top Homes for Rent in Walton
Explore Walton
Walton, IN Local Guide
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Cheapest Available Walton Apartments for Rent and Nearby
 The cheapest available apartment rental in Walton, IN is a 1 Bed unit found at Apperson Way Apartments priced from $398. The Annex of Kokomo has the second lowest priced unit, which is a 3 Beds apartment currently listed from $490. Here is today’s list of the most affordable Walton apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Apperson Way Apartments | 1 Bedroom | 1BR,1BA | $398 |
| The Annex of Kokomo | 3 bed 3 Bath | 3BR,3BA | $490 |
| Walnut Manor | STUDIO | Studio,1BA | $650 |
| Green Town Apartments | One Bd rm | 1BR,1BA | $700 |
| Turtle Creek Kokomo | Spring | Studio,1BA | $715 |
Best Value Apartments for Rent in Walton, IN and Nearby
As of September 05, 2026 the best value apartment in the Walton area is the $1.17 price per square foot 3 Bedroom Townhomes Model at Apperson Way Apartments in the starting from $1,227. The second greatest value Walton apartment is the 3 Bed 1 bath Model at Hilltop Ridge starting at $1,019 with a $1.01 price per square foot . Here is today’s list of the best values for Walton apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Apperson Way Apartments | 3 Bedroom Townhomes | 3BR,2BA | $1.17 |
| Hilltop Ridge | 3 Bed 1 bath | 3BR,1BA | $1.01 |
| Welcome to Jefferson Crossing Townhomes | 2 bed 1 bath TH | 2BR,1BA | $1.07 |
| Eastgate Townhomes | 2 Bed 1 Bath Townhome | 2BR,1BA | $1.22 |
| Georgetown Apartments | 2BR/1.0BA | 2BR,1BA | $1.09 |
| Fox Acres Apartments | 1 Bed Room | 1BR,1BA | $1.11 |
| The Annex of Kokomo | 2 Bed 2 Bath | 2BR,2BA | $0.91 |
| Ashbury Apartments | 1 Bedroom - 2nd Floor | 1BR,1BA | $1.19 |
| Somerset Apartments | One Bedroom | 1BR,1BA | $1.05 |
| Pechewa Place | Upstairs 1 Bedroom | 1BR,1BA | $1.22 |
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 ArticleNavigating 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.
Read ArticleReal 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.
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 Walton, IN Rentals by Map
See the most popular apartments and homes in Walton, IN
Frequently Asked Questions about Walton
What type of rentals are currently available in Walton?
There are currently 53 Apartments for Rent in Walton, IN with pricing that ranges from $398 to $1,865. There are also 30 Single Family Homes for rent, Condos, and Townhome rentals currently available in Walton ranging from $650 to $2,200.
What is the current price range for Rental Homes in Walton?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Walton ranges from $650 to $2,200 with an average monthly rent of $1,118.
How much are larger Three and Four Bedroom Rentals in Walton?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Walton range from $490 to $1,695, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,050 to $1,650. Four Bedroom Single-Family rentals are also available starting from $1,200 and Four Bedroom Apartments start at $499.
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

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.

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.

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.

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.