Cheap Apartments for Rent in Boone County, IN from $400 (14 Rentals)

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

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Stokes Commons
1 to 2 Bedroom Apartments

Stokes Commons

900 S Meridian StLebanon, IN 46052
Senior Living
  • Utilities Included
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Brendan Wood
2 Bedroom Apartments

Brendan Wood

2302 Roselawn DrLebanon, IN 46052
  • Utilities Included

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.

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Stonegate Meadows
1 to 3 Bedroom Apartments

Stonegate Meadows

721 Crown Pointe DrLebanon, IN 46052
  • Utilities Included
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The Flats of Lebanon
Studio to 2 Bedroom Apartments

The Flats of Lebanon

315 N Lebanon StLebanon, IN 46052
Senior Living

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.

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The Flats
2 Bedroom Apartments

The Flats

223 N Meridian StLebanon, IN 46052
Furnished
  • Smoke Free

Cheapest Available Boone County Apartments for Rent

 

The cheapest available apartment rental in Boone County, IN is a 1 Bed unit found at The Brakeman in the Lebanon Whitestown neighborhood priced from $1,095. Kise Estates Apartments in the Lebanon Whitestown neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,115. Here is today’s list of the most affordable Boone County apartments for rent:

Apartment ListingModel NameBed/BathPriced From
The BrakemanA1BR,1BA$1,095
Kise Estates ApartmentsTwo Bedroom2BR,1BA$1,115
451 Lebanon Apartments1C1BR,1BA$1,150
The Reserve at William's Glen1.1 Villager1BR,1BA$1,285
Hickory CottagesAlley-OopStudio,1BA$1,359

Best Value Apartments for Rent in Boone County, IN

As of May 29, 2025 the best value apartment in the Boone County area is the $1.44 price per square foot Barton 3 Bed Model at Jackson Run Townhomes in the in the Lebanon Whitestown neighborhood starting from $2,174. The second greatest value Boone County apartment is the 3 Bedroom 2.5 Bathroom The Lawrence Model at Honor Meadows Owner LLC starting at $1,999 with a $1.36 price per square foot in the Lebanon Whitestown neighborhood. Here is today’s list of the best values for Boone County apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Jackson Run TownhomesBarton 3 Bed3BR,2.5BA$1.44
Honor Meadows Owner LLC3 Bedroom 2.5 Bathroom The Lawrence3BR,2.5BA$1.36
Nese ApartmentsElizabeth3BR,2BA$1.57
The Rail at 1380The Rail3BR,2.5BA$1.52
Parkview of LebanonThe Birchwood (Renovated)2BR,2BA$1.20
Alinium at ZionsvilleGibson Upper2BR,2BA$1.69
The E - Elevated Living in Whitestown1 BD/1.5 BA - POND VIEW - FIRST FLOOR1BR,1.5BA$1.60
Kise Estates ApartmentsTwo Bedroom2BR,1BA$1.16
Hunters Point Apartments2 Bed, 2.00 Bath2BR,2BA$1.59
451 Lebanon Apartments1B1BR,1BA$1.63

Frequently Asked Questions about Cheap Boone County Apartments

What is the Cheapest Studio apartment in Boone County?

Currently the most affordable Cheap Studio Apartment in Boone County is at Hickory Cottages listed at $1,359.

How much is rent for a Cheap One Bedroom Boone County Apartment?

The lowest price for a Cheap One Bedroom Boone County Apartment is $1,095 at The Brakeman.

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

Today's best deal for a Cheap Two Bedroom Apartment in Boone County is starting from $1,115 at Kise Estates Apartments.

What is the most affordable Boone County Three Bedroom Apartment?

The best deal on a cheap Boone County Three Bedroom Apartment rental is at Hunters Point Apartments and starts from $1,625.

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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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.

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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.

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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.

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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.