
Cheap Homes for Rent in Wawaka, IN from $300 (16 Rentals)
Search the lowest-cost Homes available for rent right now in Wawaka.


215 S Scott St

3451 W 100 N

5614 W Cook Rd

340 N Wayne St
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.

362 N Line St

24 Holiday Park

813 E Douglas St

407 Parker St

1901 Sand Dollar Dr
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.

509 Oak Glen Dr

312 Stone Creek Dr

7939 E Cree Lake Dr S

5515 Brazo Ln

930 W 590 S
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.

608 W Dennis St
Wawaka, IN Local Guide

How much does it cost to rent a home in Wawaka?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Wawaka 2 Bedroom Homes for Rent | $1,011 | $350 | $1,595 |
| Wawaka 3 Bedroom Homes for Rent | $13,192 | $1,250 | $10,000+ |
| Wawaka 4 Bedroom Homes for Rent | $2,900 | $2,300 | $4,000 |
| Wawaka 5 Bedroom Homes for Rent | $4,250 | $4,250 | $4,250 |
Browse Top Homes for Rent in Wawaka
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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 |
| Autumn Hills II Apartments | 1 Bed, 1 bath | 1BR,1BA | $875 |
| Cedarwood | One Bedroom | 1BR,1BA | $900 |
Best Value Apartments for Rent in Wawaka, IN and Nearby
As of April 15, 2026 the best value apartment in the Wawaka area is the $1.13 price per square foot Two Bedroom Model at Huntertown Apartments in the in the Outer Northside neighborhood starting from $1,695. The second greatest value Wawaka apartment is the 3BR/2.5BA Model at Villas for Rent by Capital Property Management, LLC starting at $1,895 with a $1.30 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. |
|---|---|---|---|
| Huntertown Apartments | Two Bedroom | 2BR,2.5BA | $1.13 |
| Villas for Rent by Capital Property Management, LLC | 3BR/2.5BA | 3BR,2.5BA | $1.30 |
| Historic Blue Bell Lofts | 2 Beds, 1 bath | 2BR,1BA | $0.36 |
| GOLFVIEW | Three Bedroom | 3BR,2BA | $1.12 |
| Griswold Estates Apartments | Two Bedroom One Bathroom | 2BR,1BA | $1.06 |
| Stoughton Estates Apartments | Two Bedroom | 2BR,1BA | $1.25 |
| 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 |
| Courts of Colfax Apartments | Winona | Studio ,1BA | $1.24 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
Read ArticleDon'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 ArticleThe 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 ArticleCash 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 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 Wawaka
What type of rentals are currently available in Wawaka?
There are currently 45 Apartments for Rent in Wawaka, IN with pricing that ranges from $418 to $2,932. There are also 31 Single Family Homes for rent, Condos, and Townhome rentals currently available in Wawaka ranging from $295 to $92,999.
What is the current price range for Rental Homes in Wawaka?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Wawaka ranges from $295 to $92,999 with an average monthly rent of $4,444.
How much are larger Three and Four Bedroom Rentals in Wawaka?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Wawaka range from $776 to $2,908, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,250 to $92,999. Four Bedroom Single-Family rentals are also available starting from $2,300 and Four Bedroom Apartments start at $2,560.
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

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

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.