Cheap Apartments for Rent in Waveland, IN from $300 (28 Rentals)

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

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.

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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.

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Historic Walnut Square
1 to 3 Bedroom Apartments

Historic Walnut Square

200 S 6th StTerre Haute, IN 47807
  • Utilities Included
property at 210 Whitlock Ave

$625 - $925

1 To 2 Bedroom Rentals

Available Now

210 Whitlock Ave

CrawfordsvilleIN47933
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2204 Alpha Dr
1 Bedroom Apartments

2204 Alpha Dr

2204 Alpha DrDanville, IL 61832

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.

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The Brakeman Apartments
Studio to 2 Bedroom Apartments

The Brakeman Apartments

230 S Lebanon StLebanon, IN 46052
Corporate Housing
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Washington Square
1 to 2 Bedroom Apartments

Washington Square

614 S Washington StCrawfordsville, IN 47933
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The Deming
Studio to 2 Bedroom Apartments

The Deming

615 Cherry StTerre Haute, IN 47807

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.

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Showing Results 1-28, Page 1 of 1

Waveland, IN Local Guide

Cheapest Available Waveland Apartments for Rent and Nearby

 

The cheapest available apartment rental in Waveland, IN is a 1 Bed unit found at Union Pointe in the Downtown Terre Haute neighborhood priced from $550. The Annex of Terre Haute in the Downtown Terre Haute neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $680. Here is today’s list of the most affordable Waveland apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Union Pointe1 Bedroom1BR,2BA$550
The Annex of Terre HauteStudio CStudio,1BA$680
Brookhaven1 Bed/ 1 Bath1BR,1BA$717
The Village QuarterThe CamdenStudio,1BA$810
The Grove1BR1BR,1BA$816
Ashton Apartments1BR/1.5BA1BR,1BA$845
The DemingFStudio,1BA$869
NorthwindThe Maple2BR,2BA$875
Cloverdale Heights1 BR/ 1 BA (includes $30 water sewer trash)1BR,1BA$890
The Landings1 Bedroom1BR,1BA$900

Best Value Apartments for Rent in Waveland, IN and Nearby

As of June 08, 2026 the best value apartment in the Waveland area is the $0.81 price per square foot 3x2-80% Model at Townhomes on Main in the starting from $1,205. The second greatest value Waveland apartment is the B3 Model at Sycamore Terrace starting at $1,408 with a $1.16 price per square foot . Here is today’s list of the best values for Waveland apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Townhomes on Main3x2-80%3BR,2BA$0.81
Sycamore TerraceB32BR,2BA$1.16
NorthwindThe Maple2BR,2BA$0.82
Shadeland Estates(Adventure) Shadeland Estates New Homes 3bd/2bt...3BR,2BA$1.14
Center City Apartments2 Bedroom 1 Bath2BR,1BA$1.22
LaCabreah ApartmentsDover1BR,1BA$1.21
Ashton Apartments1BR/1.5BA1BR,1.5BA$1.02
The Landings1 Bedroom1BR,1BA$1.22
Sycamore Place2.1 C2BR,1BA$0.80
Union Pointe1 Bedroom1BR,2BA$0.92

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.

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Real 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.

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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.

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

Explore Waveland, IN Rentals by Map

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See the most popular apartments and homes in Waveland, IN

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Frequently Asked Questions about Cheap Waveland Apartments

What is the Cheapest Studio apartment in Waveland?

Currently the most affordable Cheap Studio Apartment in Waveland is at The Annex of Terre Haute listed at $680.

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

The lowest price for a Cheap One Bedroom Waveland Apartment is $550 at Union Pointe.

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

Today's best deal for a Cheap Two Bedroom Apartment in Waveland is starting from $800 at Brookhaven.

What is the most affordable Waveland Three Bedroom Apartment?

The best deal on a cheap Waveland Three Bedroom Apartment rental is at Townhomes on Main and starts from $927.

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

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

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Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

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Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.

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A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.