
Cheap Apartments for Rent in Boone County, IN from $400 (14 Rentals)
Search the lowest-cost Apartments available for rent right now in Boone County.


451 Lebanon Apartments

1310 Millerwood Dr

Canterbury House Apartments - Lebanon

Indian Springs Apartments

Lebanon Manor Apartments

Slate Run Lebanon LLC
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

The Brakeman Apartments

The Flats of Lebanon

Stokes Commons

Brendan Wood

The Flats

Boulevard at Anson I

1310 Millerwood Ct
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.
Boone County, IN Local Guide

How much does it cost to rent an apartment in Boone County?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Boone County Studio Apartments | $1,739 | $1,729 | $1,749 |
| Boone County 1 Bedroom Apartments | $1,726 | $880 | $3,382 |
| Boone County 2 Bedroom Apartments | $2,226 | $980 | $10,000+ |
| Boone County 3 Bedroom Apartments | $2,434 | $1,625 | $3,615 |
| Boone County 4 Bedroom Apartments | $2,647 | $2,485 | $2,810 |
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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. Kise Estates Apartments in the Lebanon Whitestown neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,259. Here is today’s list of the most affordable Boone County apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 451 Lebanon Apartments | 1D | 1BR,1BA | $990 |
| Kise Estates Apartments | Two Bedroom | 2BR,1BA | $1,259 |
| Hunters Point Apartments | 1 Bed, 1.00 Bath | 1BR,1BA | $1,265 |
| Melrose Place | 2x1 | 2BR,1BA | $1,279 |
| Reserve at Williams Glen | The Villager | 1BR,1BA | $1,399 |
Best Value Apartments for Rent in Boone County, IN
As of August 18, 2026 the best value apartment in the Boone County area is the $1.48 price per square foot 3 Bedroom 2.5 Bath - The Bennett Model at Honor Meadows in the in the Lebanon Whitestown neighborhood starting from $2,399. The second greatest value Boone County apartment is the Two Bedroom Model at Kise Estates Apartments starting at $1,259 with a $1.31 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Honor Meadows | 3 Bedroom 2.5 Bath - The Bennett | 3BR,2.5BA | $1.48 |
| Kise Estates Apartments | Two Bedroom | 2BR,1BA | $1.31 |
| Reserve at Williams Glen | The Mainstreeter | 2BR,2BA | $1.92 |
| Melrose Place | 2x1 | 2BR,1BA | $1.42 |
| Wild Air Landing | The Livery | 1BR,1BA | $1.97 |
| Boulevard at Anson I | A.2-Au | 1BR,1BA | $1.84 |
| Greenview | The Willow | 1BR,1BA | $1.88 |
| Woods of West Carmel | A2 Azalea | 1BR,1BA | $1.91 |
| 451 Lebanon Apartments | 1A | 1BR,1BA | $1.63 |
| Hunters Point Apartments | 1 Bed, 1.00 Bath | 1BR,1BA | $1.98 |
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 $1,259 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 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

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
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.