
Cheap Homes for Rent in Boone County, IN from $700 (4 Rentals)
Search the lowest-cost Homes available for rent right now in Boone County.


411 S East St
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.

724 W Royal St

3712 LimeLight Ln
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.
Boone County, IN Local Guide

How much does it cost to rent a home in Boone County?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Boone County 2 Bedroom Homes for Rent | $2,163 | $1,475 | $2,990 |
| Boone County 3 Bedroom Homes for Rent | $2,252 | $1,450 | $2,900 |
| Boone County 4 Bedroom Homes for Rent | $2,638 | $2,030 | $3,180 |
| Boone County 5 Bedroom Homes for Rent | $2,730 | $2,530 | $3,145 |
Browse Homes for Rent in Boone County
Explore Boone County
Best Value Apartments for Rent in Boone County, IN
As of May 09, 2026 the best value apartment in the Boone County area is the $1.41 price per square foot Tallmadge TH Model at Prairie Chase in the in the Lebanon Whitestown neighborhood starting from $2,334. The second greatest value Boone County apartment is the 3.2-Mad Model at Boulevard at Anson I starting at $2,015 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. |
|---|---|---|---|
| Prairie Chase | Tallmadge TH | 3BR,2.5BA | $1.41 |
| Boulevard at Anson I | 3.2-Mad | 3BR,2BA | $1.31 |
| Jackson Run Townhomes | Barton 3 Bed | 3BR,2.5BA | $1.46 |
| Honor Meadows Owner LLC | 3 Bedroom 2.5 Bathroom The Lawrence | 3BR,2.5BA | $1.49 |
| Hickory Cottages | Slam Dunk | 2BR,2BA | $1.36 |
| Kise Estates Apartments | Two Bedroom | 2BR,1BA | $1.27 |
| Alinium at Zionsville | Freeman Upper | 1BR,1BA | $1.63 |
| Melrose Place | 2x1 | 2BR,1BA | $1.42 |
| 3715 Perry Worth Rd, Unit 3715 Perry Worth Road | 3715 Perry Worth Rd | 2BR,1BA | $1.64 |
| 451 Lebanon Apartments | 1A | 1BR,1BA | $1.63 |
Frequently Asked Questions about Boone County
What type of rentals are currently available in Boone County?
There are currently 89 Apartments for Rent in Boone County, IN with pricing that ranges from $749 to $7,013. There are also 49 Single Family Homes for rent, Condos, and Townhome rentals currently available in Boone County ranging from $749 to $3,180.
What is the current price range for Rental Homes in Boone County?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Boone County ranges from $749 to $3,180 with an average monthly rent of $2,116.
How much are larger Three and Four Bedroom Rentals in Boone County?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Boone County range from $1,625 to $3,309, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,450 to $2,900. Four Bedroom Single-Family rentals are also available starting from $2,030 and Four Bedroom Apartments start at $2,223.
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

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.