
Cheap Apartments for Rent in Wawaka, IN from $400 (28 Rentals)
Search the lowest-cost Apartments available for rent right now in Wawaka.


Drake Terrace III

Courts of Colfax Apartments

Cedarwood

GOLFVIEW

North Ridge Apartments

Stone House Apartments
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.

Deerfield Village

Simonson Estates Apartments

Nelson Estates Apartments

Autumn Hills II Apartments

Kuder Estates

Westgate Manor Apartments

221 Columbia St
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.

1610 Tippecanoe Dr

1710 Tippecanoe Dr

3451 W 100 N

701 E Market St

125 W Orange St

The Watershed

210 1/2 W 4th St
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.

216 S Cavin St

705 Lake Ave

502 Chinworth Ct

110 N Union Dr

The 2525

1000 Old Brick Rd

1901 N Sand Dollar Dr
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.
Wawaka, IN Local Guide

How much does it cost to rent an apartment in Wawaka?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Wawaka Studio Apartments | $989 | $750 | $1,275 |
| Wawaka 1 Bedroom Apartments | $1,241 | $418 | $1,950 |
| Wawaka 2 Bedroom Apartments | $1,477 | $498 | $2,450 |
| Wawaka 3 Bedroom Apartments | $1,927 | $776 | $2,500 |
| Wawaka 4 Bedroom Apartments | $2,560 | $2,560 | $2,560 |
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Wawaka, IN Local Guide
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Cheapest Available Wawaka Apartments for Rent and Nearby
 The cheapest available apartment rental in Wawaka, IN is a 2 Beds unit found at Historic Blue Bell Lofts priced from $498. Drake Terrace III has the second lowest priced unit, which is a 2 Beds apartment currently listed from $741. Here is today’s list of the most affordable Wawaka apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Historic Blue Bell Lofts | 2 Beds, 1 bath | 2BR,1BA | $498 |
| Drake Terrace III | 2 Bedroom | 2BR,1BA | $741 |
| Courts of Colfax Apartments | Winona | Studio,1BA | $750 |
| Cedarwood | One Bedroom | 1BR,1BA | $900 |
| North Ridge Apartments | 1 Bedroom | 1BR,1BA | $911 |
| Deerfield Village | One Bedroom | 1BR,1BA | $945 |
| GOLFVIEW | Two Bedroom | 2BR,2BA | $985 |
| Autumn Hills II Apartments | 1 Bedroom | 1BR,1BA | $995 |
| Kuder Estates | One Bedroom One Bathroom | 1BR,1BA | $999 |
| Simonson Estates Apartments | Two Bedroom One Bathroom | 2BR,1BA | $1,035 |
Best Value Apartments for Rent in Wawaka, IN and Nearby
As of June 11, 2026 the best value apartment in the Wawaka area is the $0.82 price per square foot 3THB Model at Eagle Landing Apartment Homes in the in the Northwest Fort Wayne neighborhood starting from $1,586. The second greatest value Wawaka apartment is the Kensington Model at Union Club Apartments starting at $2,131 with a $1.21 price per square foot in the Pine Valley neighborhood. Here is today’s list of the best values for Wawaka apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Eagle Landing Apartment Homes | 3THB | 3BR,1.5BA | $0.82 |
| Union Club Apartments | Kensington | 3BR,2BA | $1.21 |
| Huntertown Apartments | Two Bedroom | 2BR,2.5BA | $1.13 |
| Historic Blue Bell Lofts | 2 Beds, 1 bath | 2BR,1BA | $0.36 |
| Griswold Estates Apartments | Two Bedroom One Bathroom | 2BR,1BA | $1.08 |
| GOLFVIEW | Two Bedroom | 2BR,2BA | $1.01 |
| Stoughton Estates Apartments | Two Bedroom | 2BR,1BA | $1.24 |
| Simonson Estates Apartments | Two Bedroom One Bathroom | 2BR,1BA | $1.08 |
| Nelson Estates Apartments | 2Bed_1Bath | 2BR,1BA | $1.11 |
| Drake Terrace III | 2 Bedroom | 2BR,1BA | $0.99 |
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 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 Wawaka, IN Rentals by Map
See the most popular apartments and homes in Wawaka, IN
Frequently Asked Questions about Cheap Wawaka Apartments
How much is rent for a Cheap One Bedroom Wawaka Apartment?
The lowest price for a Cheap One Bedroom Wawaka Apartment is $900 at Cedarwood.
What is the lowest price for a Cheap Two Bedroom Wawaka Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Wawaka is starting from $498 at Historic Blue Bell Lofts.
What is the most affordable Wawaka Three Bedroom Apartment?
The best deal on a cheap Wawaka Three Bedroom Apartment rental is at Drake Terrace III and starts from $776.
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

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

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.

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.

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.