Cheap Homes for Rent in Winchester, IN from $500 (9 Rentals)

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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.

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.

Winchester, IN Local Guide

Cheapest Available Winchester Apartments for Rent and Nearby

 

The cheapest available apartment rental in Winchester, IN is a 4 Beds unit found at The Haven in the Westacres neighborhood priced from $530. Yugo Muncie Varsity House in the Westacres neighborhood has the second lowest priced unit, which is a 3 Beds apartment currently listed from $569. Here is today’s list of the most affordable Winchester apartments for rent:

Apartment ListingModel NameBed/BathPriced From
The Haven4x44BR,4BA$530
Yugo Muncie Varsity House3 Bed, 3 Bath Classic Renovated3BR,3BA$569
HUNTERS OAK APARTMENTS2 Bedroom 1 Bathroom2BR,1BA$670

Best Value Apartments for Rent in Winchester, IN and Nearby

As of October 12, 2025 the best value apartment in the Winchester area is the $0.62 price per square foot 2BD/2BA Furnished Premium Model at University Village in the in the Westacres neighborhood starting from $809. The second greatest value Winchester apartment is the EXCALIBUR Model at Adam H Bartell Lofts starting at $895 with a $0.81 price per square foot . Here is today’s list of the best values for Winchester apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
University Village2BD/2BA Furnished Premium2BR,2BA$0.62
Adam H Bartell LoftsEXCALIBUR2BR,1BA$0.81
Delaware AcresPulse 66163BR,2BA$1.04
Townehouse Village ApartmentsTwo Bedroom Gas2BR,1.5BA$0.98
Silvertree CommunitiesEverbrook Townhomes2BR,1.5BA$0.71
HUNTERS OAK APARTMENTS3 Bedroom 1 Bathroom3BR,1BA$0.84
The Latitude Apartments2 Bedroom Classic2BR,2BA$1.04
Yugo Muncie Varsity House2 Bed, 2 Bath Renovated2BR,2BA$0.89
Richmond Flats3001 W Cart Rd2BR,2BA$0.88
Atlas Apartments1BR/1.0BA1BR,1BA$1.01

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

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Frequently Asked Questions about Winchester

What type of rentals are currently available in Winchester?

There are currently 51 Apartments for Rent in Winchester, IN with pricing that ranges from $350 to $1,800. There are also 36 Single Family Homes for rent, Condos, and Townhome rentals currently available in Winchester ranging from $550 to $1,600.

What is the current price range for Rental Homes in Winchester?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Winchester ranges from $550 to $1,600 with an average monthly rent of $1,169.

How much are larger Three and Four Bedroom Rentals in Winchester?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Winchester range from $350 to $1,463, while Three Bedroom Homes, Condos, and Townhomes for rent range from $649 to $1,485. Four Bedroom Single-Family rentals are also available starting from $1,400 and Four Bedroom Apartments start at $350.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.