Cheap Apartments for Rent in Winona Lake, IN from $300 (26 Rentals)
Search the lowest-cost Apartments available for rent right now in Winona Lake.

CLEAR CREEK APARTMENTS

Carriage Place Apartments

Mallard and HI-TEC Apartments

Westgate Manor Apartments

Cedarwood

Centennial Crossing
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

Welcome to Tippe River Downs

Northpointe/Lakepointe Apartment Homes

3489 W 100 S

1708 Tippecanoe Dr

308 E Madison St

104 Prospect Ave
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

310 N Michigan St

316 S Washington St

4614 E Old Trail Rd

313-1/2 E Jefferson St
Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

2088 Chapman Lake Dr

494 N Wabash St
Winona Lake, IN Local Guide

How much does it cost to rent an apartment in Winona Lake?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Winona Lake Studio Apartments | $815 | $690 | $990 |
Winona Lake 1 Bedroom Apartments | $1,107 | $775 | $2,978 |
Winona Lake 2 Bedroom Apartments | $1,487 | $899 | $2,868 |
Winona Lake 3 Bedroom Apartments | $1,795 | $1,050 | $3,977 |
Winona Lake 4 Bedroom Apartments | $2,454 | $1,408 | $4,150 |
Browse Top Apartments in Winona Lake
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Winona Lake, IN Local Guide
- Nearby Cities
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Cheapest Available Winona Lake Apartments for Rent and Nearby
 The cheapest available apartment rental in Winona Lake, IN is a Studio unit found at UB Lofts priced from $680. Carriage Place Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $783. Here is today’s list of the most affordable Winona Lake apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
UB Lofts | Studio | Studio,1BA | $680 |
Carriage Place Apartments | The Adams | 1BR,1BA | $783 |
Centennial Crossing | Senior Villa 1x1 | 1BR,1BA | $845 |
Welcome to Tippe River Downs | 1x1 Senior Villa | 1BR,1BA | $899 |
Mallard and HI-TEC Apartments | 2 Beds, 1 bath | 2BR,1BA | $935 |
LaFontaine Center Affordable Senior Housing | Studio | Studio,1BA | $990 |
The Cottages at Bridgewater (Senior 55+) | 1 Bedroom | 1BR,1BA | $995 |
Willows of Coventry | Inverness | 1BR,1BA | $995 |
Hunt Club Apartments | Kentucky Derby - Classic/Upgrade/Reno | 1BR,1BA | $995 |
Simonson Estates Apartments | Two Bedroom One Bathroom | 2BR,1BA | $1,000 |
Best Value Apartments for Rent in Winona Lake, IN and Nearby
As of June 01, 2025 the best value apartment in the Winona Lake area is the $1.36 price per square foot Phase 2 Model at The Villas at County Farm Crossing in the starting from $2,450. The second greatest value Winona Lake apartment is the 3 Bedroom Model at Homestead Townhomes starting at $1,799 with a $1.20 price per square foot in the Southwest Fort Wayne neighborhood. Here is today’s list of the best values for Winona Lake apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
The Villas at County Farm Crossing | Phase 2 | 2BR,2BA | $1.36 |
Homestead Townhomes | 3 Bedroom | 3BR,2.5BA | $1.20 |
Redwood Warsaw | Meadowood | 2BR,2BA | $1.35 |
Simonson Estates Apartments | Two Bedroom One Bathroom | 2BR,1BA | $1.04 |
Kuder Estates | Two Bedroom One Bathroom | 2BR,1BA | $1.05 |
Nelson Estates Apartments | 2Bed_1Bath | 2BR,1BA | $1.11 |
Briar Ridge Apartments | 2x2 Briar Ridge APTS | 2BR,2BA | $1.35 |
Mallard and HI-TEC Apartments | 2 Beds, 1 bath | 2BR,1BA | $1.04 |
Centennial Crossing | Traditional 1x1 | 1BR,1BA | $1.36 |
Carriage Place Apartments | The Edison | 1BR,1BA | $1.26 |
Quick Rent Budget Calculator
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Remember the 3 Rules of Real Estate:Location, Location, Location!
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Getting Around Winona Lake, IN
Walk Score®
43 / 100
Car-Dependent
Most errands require a car
Bike Score®
38 / 100
Somewhat Bikeable
Minimal bike infrastructure
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Cheap Winona Lake Apartments
What is the Cheapest Studio apartment in Winona Lake?
Currently the most affordable Cheap Studio Apartment in Winona Lake is at UB Lofts listed at $680.
How much is rent for a Cheap One Bedroom Winona Lake Apartment?
The lowest price for a Cheap One Bedroom Winona Lake Apartment is $783 at Carriage Place Apartments.
What is the lowest price for a Cheap Two Bedroom Winona Lake Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Winona Lake is starting from $935 at Mallard and HI-TEC Apartments.
What is the most affordable Winona Lake Three Bedroom Apartment?
The best deal on a cheap Winona Lake Three Bedroom Apartment rental is at Welcome to Tippe River Downs and starts from $1,595.
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.

The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

Navigating the Rental Market: Tips for First-Time Renters
Written by: Sandy Baker
Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.