
Cheap Homes for Rent in Winona Lake, IN from $300 (12 Rentals)
Search the lowest-cost Homes available for rent right now in Winona Lake.


3451 W 100 N

600 N Lake St

221 N Columbia St

418 N Roosevelt St

309 Weeks St
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.

411 Weeks St

707 W Main St

713 W Main St

14 Holiday Park

335 Washington St

3867 IN-15
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.
Winona Lake, IN Local Guide

How much does it cost to rent a home in Winona Lake?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Winona Lake 2 Bedroom Homes for Rent | $855 | $350 | $1,700 |
| Winona Lake 3 Bedroom Homes for Rent | $1,847 | $1,125 | $3,000 |
| Winona Lake 4 Bedroom Homes for Rent | $2,319 | $2,199 | $2,499 |
| Winona Lake 7 Bedroom Homes for Rent | $1,500 | $1,500 | $1,500 |
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Winona Lake, IN Local Guide
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Cheapest Available Winona Lake Apartments for Rent and Nearby
 The cheapest available apartment rental in Winona Lake, IN is a 2 Beds unit found at Historic Blue Bell Lofts priced from $498. Northpointe/Lakepointe Apartment Homes has the second lowest priced unit, which is a Studio apartment currently listed from $659. Here is today’s list of the most affordable Winona Lake apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Historic Blue Bell Lofts | 2 Beds, 1 bath | 2BR,1BA | $498 |
| Northpointe/Lakepointe Apartment Homes | A-Studio | Studio,1BA | $659 |
| UB Lofts | Studio | Studio,1BA | $700 |
| Courts of Colfax Apartments | Winona | Studio,1BA | $750 |
| Carriage Place Apartments | The Edison | 1BR,1BA | $828 |
Best Value Apartments for Rent in Winona Lake, IN and Nearby
As of December 20, 2025 the best value apartment in the Winona Lake area is the $1.09 price per square foot NOW LEASING!!! BRAND NEW 3 BEDROOM 2 BATHROOM!!! Model at Welcome to Tippe River Downs in the starting from $1,550. The second greatest value Winona Lake apartment is the 2 Beds, 1 bath Model at Historic Blue Bell Lofts starting at $498 with a $0.36 price per square foot . 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. |
|---|---|---|---|
| Welcome to Tippe River Downs | NOW LEASING!!! BRAND NEW 3 BEDROOM 2 BATHROOM!!! | 3BR,2BA | $1.09 |
| Historic Blue Bell Lofts | 2 Beds, 1 bath | 2BR,1BA | $0.36 |
| The Marlowe | 3bed2bath | 3BR,2BA | $1.31 |
| North Ridge Apartments | 3 Bedroom | 3BR,2BA | $0.97 |
| Simonson Estates Apartments | Two Bedroom One Bathroom | 2BR,1BA | $1.05 |
| Nelson Estates Apartments | 2Bed_1Bath | 2BR,1BA | $1.11 |
| Lakeland Villa Apartments | 2x2 New | 2BR,2BA | $1.17 |
| CLEAR CREEK APARTMENTS | 2 bedroom 2 bath | 2BR,2BA | $1.06 |
| 201 14th St, Unit #3 | 201 14th St | 2BR,1BA | $1.30 |
| The Cottages at Bridgewater (Senior 55+) | 1 Bedroom | 1BR,1BA | $1.31 |
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 ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
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Remember the 3 Rules of Real Estate:Location, Location, Location!
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Frequently Asked Questions about Winona Lake
What type of rentals are currently available in Winona Lake?
There are currently 63 Apartments for Rent in Winona Lake, IN with pricing that ranges from $418 to $3,429. There are also 34 Single Family Homes for rent, Condos, and Townhome rentals currently available in Winona Lake ranging from $295 to $3,000.
What is the current price range for Rental Homes in Winona Lake?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Winona Lake ranges from $295 to $3,000 with an average monthly rent of $1,462.
How much are larger Three and Four Bedroom Rentals in Winona Lake?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Winona Lake range from $1,049 to $2,239, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,125 to $3,000. Four Bedroom Single-Family rentals are also available starting from $2,199 and Four Bedroom Apartments start at $1,800.
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

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!

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.