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

How Many Bedrooms?Done
Select your price rangeDone
to
Lifestyle Matching SearchDone
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

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.

close
View Me
Historic Walnut Square
1 to 3 Bedroom Apartments

Historic Walnut Square

200 S 6th StTerre Haute, IN 47807
  • Utilities Included
property at 6948 N 32nd St

$550 - $600

1 Bedroom Rentals

Available Now

6948 N 32nd St

Terre HauteIN47805
close
View Me
2204 Alpha Dr
1 Bedroom Apartments

2204 Alpha Dr

2204 Alpha DrDanville, IL 61832

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.

close
View Me
The Deming
Studio to 2 Bedroom Apartments

The Deming

615 Cherry StTerre Haute, IN 47807

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.

Waveland, IN Local Guide

Cheapest Available Waveland Apartments for Rent and Nearby

 

The cheapest available apartment rental in Waveland, IN is a Studio unit found at Brookhaven priced from $525. Union Pointe in the Downtown Terre Haute neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $550. Here is today’s list of the most affordable Waveland apartments for rent:

Apartment ListingModel NameBed/BathPriced From
BrookhavenStudioStudio,1BA$525
Union Pointe1 Bedroom1BR,2BA$550
The Annex of Terre HauteStudio AStudio,1BA$725
Riverside Apartments2 Bedroom2BR,1BA$750
The Village Quarter1 Bed 1 BathStudio,1BA$760
The Grove1BR1BR,1BA$783
Center City ApartmentsCity Center 21BR,1BA$800
Cloverdale Heights2 bedroom townhome2BR,1BA$900
Townhomes on Main3x2-50%3BR,2BA$927
The DemingA1BR,1BA$929

Best Value Apartments for Rent in Waveland, IN and Nearby

As of January 20, 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 The Orchard Model at Settlers Run starting at $1,670 with a $1.29 price per square foot in the Lizton Clayton neighborhood. 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
Settlers RunThe Orchard3BR,2BA$1.29
Shadeland Estates(Clayton) Shadeland Estates New Large Homes 3bd...3BR,2BA$0.97
Cloverdale Heights2 bedroom townhome2BR,1.5BA$0.94
The Landings2 Bedroom2BR,1BA$1.09
Center City ApartmentsCity Center 52BR,1BA$1.22
LaCabreah ApartmentsDover1BR,1BA$1.18
Riverside Apartments2 Bedroom2BR,1BA$1.07
Sycamore Place Apartments2.1 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.

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

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
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 Waveland, IN Rentals by Map

View Map
Waveland, IN Apartments Map
View Map
Waveland, IN Rental Homes Map

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 Brookhaven listed at $525.

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 $750 at Riverside Apartments.

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

decorative image for A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment article

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

decorative image for Renting with Roommates: Realistic Expectations for Shared Lease article

Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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!