
Cheap Homes for Rent in Waynetown, IN from $600 (7 Rentals)
Search the lowest-cost Homes available for rent right now in Waynetown.


2000 Indianapolis Rd

1008 North 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.

1318 South St

2835 Plaza Ln

Remodeled 2 Bedroom Duplex
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.

101 Aspen Dr
Waynetown, IN Local Guide

How much does it cost to rent a home in Waynetown?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Waynetown 2 Bedroom Homes for Rent | $1,545 | $999 | $2,695 |
| Waynetown 3 Bedroom Homes for Rent | $1,769 | $1,425 | $2,200 |
| Waynetown 4 Bedroom Homes for Rent | $2,147 | $2,000 | $2,295 |
Browse Top Homes for Rent in Waynetown
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Waynetown, IN Local Guide
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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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Pheasant Run | The Quail Run 1 BR 1 BA | 1BR,1BA | $794 |
| Historic Downtown Apartments II | 2x1 | 2BR,1BA | $800 |
| Cloverdale Heights | 1 BR/ 1 BA (includes $30 water sewer trash) | 1BR,1BA | $890 |
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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Avalon Bluffs | Grand | 3BR,2BA | $1.39 |
| Townhomes on Main | 3x2-80% | 3BR,2BA | $0.81 |
| EVER West Lafayette | 4BR - D1 | 4BR,4BA | $1.19 |
| VERVE West Lafayette | 4BD/4BA - D2 | 4BR,4BA | $1.20 |
| Shadeland Estates | (Adventure) Shadeland Estates New Homes 3bd/2bt... | 3BR,2BA | $1.14 |
| Cypress Square | B1 | 2BR,1BA | $1.33 |
| Twyckenham Apartments | Two bedroom | 2BR,1BA | $1.36 |
| Georgetown South | 2 Bedroom | 2BR,1BA | $1.31 |
| Cross Winds Apartments | 1 Bed/1 Bath | 1BR,1BA | $1.31 |
| 271 | 2BR/1.0BA | 2BR,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 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.
Pet Friendly LifestyleWaynetown, IN
Ranked #131
Among cities in Indiana for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
2.5Pet Friendly
Remember the 3 Rules of Real Estate:Location, Location, Location!
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See the most popular apartments and homes in Waynetown, IN
Frequently Asked Questions about Waynetown
What type of rentals are currently available in Waynetown?
There are currently 61 Apartments for Rent in Waynetown, IN with pricing that ranges from $486 to $2,903. There are also 39 Single Family Homes for rent, Condos, and Townhome rentals currently available in Waynetown ranging from $625 to $2,695.
What is the current price range for Rental Homes in Waynetown?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Waynetown ranges from $625 to $2,695 with an average monthly rent of $1,607.
How much are larger Three and Four Bedroom Rentals in Waynetown?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Waynetown range from $486 to $2,100, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,425 to $2,200. Four Bedroom Single-Family rentals are also available starting from $2,000 and Four Bedroom Apartments start at $575.
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

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.

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.