Cheap Apartments for Rent in Waynetown, IN from $400 (36 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Lifestyle Matching SearchDone
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

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.

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.

property at 210 Whitlock Ave

$625 - $925

1 To 2 Bedroom Rentals

Available Now

210 Whitlock Ave

CrawfordsvilleIN47933

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.

close
View Me
The Vintage
Studio Apartments

The Vintage

230 S Grant StWest Lafayette, IN 47906
Student Housing
close
View Me
Washington Square
1 to 2 Bedroom Apartments

Washington Square

614 S Washington StCrawfordsville, IN 47933
close
View Me
2803 S. Beck Lane
Studio to 1 Bedroom Apartments

2803 S. Beck Lane

2803-2807 Beck LnLafayette, IN 47909
  • Utilities Included

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.

Waynetown, IN Local Guide

Cheapest Available Waynetown Apartments for Rent and Nearby

 

The cheapest available apartment rental in Waynetown, IN is a 1 Bed unit found at Pheasant Run priced from $794. Historic Downtown Apartments II in the Downtown Lafayette neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $800. Here is today’s list of the most affordable Waynetown apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Pheasant RunThe Quail Run 1 BR 1 BA1BR,1BA$794
Historic Downtown Apartments II2x12BR,1BA$800
Cloverdale Heights1 BR/ 1 BA (includes $30 water sewer trash)1BR,1BA$890
Georgetown South1 Bedroom1BR,1BA$900
Townhomes on Main3x2-50%3BR,2BA$927
Vantage Pointe Apartments1x1 R1BR,1BA$955
Winfield Farms - Garages Available1 Bedroom1BR,1BA$975
Crestview ApartmentsCrestview IV - Furnished1BR,1BA$995
Cross Winds Apartments1 Bed/1 Bath1BR,1BA$1,050
McCarty Place Apartments1 Bed 1 Bath1BR,1BA$1,084

Best Value Apartments for Rent in Waynetown, IN and Nearby

As of June 08, 2026 the best value apartment in the Waynetown area is the $1.39 price per square foot Grand Model at Avalon Bluffs in the starting from $2,200. The second greatest value Waynetown apartment is the 3x2-80% Model at Townhomes on Main starting at $1,205 with a $0.81 price per square foot . Here is today’s list of the best values for Waynetown apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Avalon BluffsGrand3BR,2BA$1.39
Townhomes on Main3x2-80%3BR,2BA$0.81
EVER West Lafayette4BR - D14BR,4BA$1.19
VERVE West Lafayette4BD/4BA - D24BR,4BA$1.20
Shadeland Estates(Adventure) Shadeland Estates New Homes 3bd/2bt...3BR,2BA$1.14
Cypress SquareB12BR,1BA$1.33
Twyckenham ApartmentsTwo bedroom2BR,1BA$1.36
Georgetown South2 Bedroom2BR,1BA$1.31
Cross Winds Apartments1 Bed/1 Bath1BR,1BA$1.31
2712BR/1.0BA2BR,1BA$1.07

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

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.

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

Pet Friendly Lifestyle
Waynetown, IN

Ranked #131

Among cities in Indiana for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

decorative image of woman handing cat to small boy

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

Explore Waynetown, IN Rentals by Map

View Map
Waynetown, IN Apartments Map
View Map
Waynetown, IN Rental Homes Map

Frequently Asked Questions about Cheap Waynetown Apartments

What is the Cheapest Studio apartment in Waynetown?

Currently the most affordable Cheap Studio Apartment in Waynetown is at Marq listed at $1,599.

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

The lowest price for a Cheap One Bedroom Waynetown Apartment is $794 at Pheasant Run.

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

Today's best deal for a Cheap Two Bedroom Apartment in Waynetown is starting from $800 at Historic Downtown Apartments II.

What is the most affordable Waynetown Three Bedroom Apartment?

The best deal on a cheap Waynetown 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 Pet-Friendly Renting: Everything You Need to Know Before You Move article

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.

decorative image for Creative Ways Developers Reimagine Retail Spaces as Residential Units  article

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.

decorative image for Neighborhood and Market Insights: How to Choose the Right Area to Rent   article

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.

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.