Cheap Apartments for Rent in Boone County, IN from $400 (17 Rentals)

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

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.

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Brendan Wood
1 to 2 Bedroom Apartments

Brendan Wood

2302 Roselawn DrLebanon, IN 46052
  • Utilities Included
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The Brakeman Apartments
Studio to 2 Bedroom Apartments

The Brakeman Apartments

230 S Lebanon StLebanon, IN 46052
Corporate Housing

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.

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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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The Flats
1 to 2 Bedroom Apartments

The Flats

223 N Meridian StLebanon, IN 46052
Furnished
  • Smoke Free

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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Boulevard at Anson I
Studio to 3 Bedroom Apartments

Boulevard at Anson I

6290 Central BlvdWhitestown, IN 46075
Senior Living

Cheapest Available Boone County Apartments for Rent

 

The cheapest available apartment rental in Boone County, IN is a 1 Bed unit found at 451 Lebanon Apartments in the Lebanon Whitestown neighborhood priced from $990. Melrose Place in the Lebanon Whitestown neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,279. Here is today’s list of the most affordable Boone County apartments for rent:

Apartment ListingModel NameBed/BathPriced From
451 Lebanon Apartments1D1BR,1BA$990
Melrose Place2x12BR,1BA$1,279
Reserve at Williams GlenThe Villager1BR,1BA$1,399
Hunters Point Apartments2 Bed, 2.00 Bath2BR,2BA$1,455
Parkview of LebanonThe Thompson (Renovated)2BR,1BA$1,464

Best Value Apartments for Rent in Boone County, IN

As of July 04, 2026 the best value apartment in the Boone County area is the $1.10 price per square foot Chester 4 Bed Model at Jackson Run Townhomes in the in the Lebanon Whitestown neighborhood starting from $2,381. The second greatest value Boone County apartment is the The Bellamy Model at Wild Air Landing starting at $2,414 with a $1.76 price per square foot in the Zionsville 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 TownhomesChester 4 Bed4BR,2.5BA$1.10
Wild Air LandingThe Bellamy2BR,2BA$1.76
The Rail at 1380The Rail3BR,2.5BA$1.49
Redwood WhitestownForestwood2BR,2BA$1.57
Nese ApartmentsSolomon II2BR,2BA$1.83
Westhaven Luxury ApartmentsLauberge2BR,2BA$1.66
Parkview of LebanonThe Thompson (Renovated)2BR,1BA$1.55
Hunters Point Apartments2 Bed, 2.00 Bath2BR,2BA$1.61
Melrose Place2x12BR,1BA$1.42
451 Lebanon Apartments1A1BR,1BA$1.63

Frequently Asked Questions about Cheap Boone County Apartments

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

The lowest price for a Cheap One Bedroom Boone County Apartment is $990 at 451 Lebanon Apartments.

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 $1,279 at Melrose Place.

What is the most affordable Boone County Three Bedroom Apartment?

The best deal on a cheap Boone County Three Bedroom Apartment rental is at 451 Lebanon Apartments and starts from $1,725.

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

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

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Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

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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.