Cheap Apartments for Rent in Wayne County, IN from $300 (31 Rentals)

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

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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Rosewood Terrace
Studio to 1 Bedroom Apartments

Rosewood Terrace

4100 S A StRichmond, IN 47374
Senior Living
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100 N US Hwy 27
1 Bedroom Apartments

100 N US Hwy 27

100 N US Hwy 27Fountain City, IN 47341
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17 E Main St
2 Bedroom Apartments

17 E Main St

17 E Main StCambridge City, IN 47327
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18 N 13th St
3 Bedroom Apartments

18 N 13th St

18 N 13th StRichmond, IN 47374
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29 N 13th St
1 Bedroom Apartments

29 N 13th St

29 N 13th StRichmond, IN 47374

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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1308 N A St
1 Bedroom Apartments

1308 N A St

1308 N A StRichmond, IN 47374
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314 N 9th St
Studio Apartments

314 N 9th St

314 N 9th StRichmond, IN 47374
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321 N 9th St
1 to 2 Bedroom Apartments

321 N 9th St

321 N 9th StRichmond, IN 47374
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109 Richmond Ave
1 Bedroom Apartments

109 Richmond Ave

109 Richmond AveRichmond, IN 47374
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Stonegate
1 to 2 Bedroom Apartments

Stonegate

301 N Graham StCambridge City, IN 47327
  • Utilities Included
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Ivy Green
2 to 3 Bedroom Apartments

Ivy Green

1300 S 18th StRichmond, IN 47374
Corporate Housing
  • Utilities Included

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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Music City Place
Studio to 2 Bedroom Apartments

Music City Place

50 N 8th StRichmond, IN 47374
Senior Living
  • Utilities Included
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Rose Stone Apartments
Studio to 2 Bedroom Apartments

Rose Stone Apartments

3823 S A StRichmond, IN 47374
  • Utilities Included
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6512 US 27 S
1 to 2 Bedroom Apartments

6512 US 27 S

6512 US 27 SRichmond, IN 47374

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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Rustic Acres
1 to 3 Bedroom Apartments

Rustic Acres

4924 US Highway 35 NRichmond, IN 47374
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Interfaith Housing
Studio to 1 Bedroom Apartments

Interfaith Housing

510 W Main StRichmond, IN 47374
Senior Living
  • Utilities Included

Cheapest Available Wayne County Apartments for Rent

 

The cheapest available apartment rental in Wayne County, IN is a 2 Beds unit found at Genesis Apartments priced from $660. Atlas Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $775. Here is today’s list of the most affordable Wayne County apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Genesis Apartments2BD Classic2BR,1BA$660
Atlas Apartments1BR/1.0BA1BR,1BA$775
Adam H Bartell LoftsVISTA1BR,1BA$795
Townehouse Village ApartmentsTwo Bedroom Gas2BR,1BA$995

Best Value Apartments for Rent in Wayne County, IN

As of May 10, 2026 the best value apartment in the Wayne County area is the $0.81 price per square foot EXCALIBUR Model at Adam H Bartell Lofts in the starting from $895. The second greatest value Wayne County apartment is the 238 Richmond Ave Model at 238 Richmond Ave, Unit 238 starting at $800 with a $0.80 price per square foot . Here is today’s list of the best values for Wayne County apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Adam H Bartell LoftsEXCALIBUR2BR,1BA$0.81
238 Richmond Ave, Unit 238238 Richmond Ave2BR,1.5BA$0.80
Townehouse Village ApartmentsTwo Bedroom Gas2BR,1.5BA$1.02
Genesis Apartments1BD R1BR,1BA$0.96
Atlas Apartments1BR/1.0BA1BR,1BA$1.08

Frequently Asked Questions about Cheap Wayne County Apartments

What is the price of a cheap apartment in Wayne County?

The cheapest apartment in Wayne County is Genesis Apartments which is listed at $690, while the average apartment in Wayne County costs $1,052.

What types of apartments are the cheapest in Wayne County?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 9 regular apartments in Wayne County that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

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

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.

decorative image for Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts  article

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

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.

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

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.