
Cheap Homes for Rent in Boone County, IN from $700 (5 Rentals)
Search the lowest-cost Homes available for rent right now in Boone County.


323 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.

114 Meridian St

117 W Fordice 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.

727 W Washington St
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 | $1,586 | $1,100 | $1,999 |
| Boone County 3 Bedroom Homes for Rent | $2,113 | $1,600 | $2,900 |
| Boone County 4 Bedroom Homes for Rent | $2,749 | $2,299 | $3,800 |
| Boone County 5 Bedroom Homes for Rent | $3,595 | $2,990 | $4,200 |
Browse Homes for Rent in Boone County
Explore Boone County
Cheapest Available Boone County Apartments for Rent
 The cheapest available apartment rental in Boone County, IN is a Studio unit found at The Brakeman Apartments in the Lebanon Whitestown neighborhood priced from $840. 451 Lebanon Apartments in the Lebanon Whitestown neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $990. Here is today’s list of the most affordable Boone County apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Brakeman Apartments | Studio L | Studio,1BA | $840 |
| 451 Lebanon Apartments | 1D | 1BR,1BA | $990 |
| Melrose Place | 2x1 | 2BR,1BA | $1,279 |
Best Value Apartments for Rent in Boone County, IN
As of June 23, 2026 the best value apartment in the Boone County area is the $1.30 price per square foot The Conductor Model at The Rail at 1380 in the in the Spring Arbor neighborhood starting from $1,590. The second greatest value Boone County apartment is the Abram II Model at Nese Apartments starting at $1,830 with a $1.54 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. |
|---|---|---|---|
| The Rail at 1380 | The Conductor | 3BR,2BA | $1.30 |
| Nese Apartments | Abram II | 2BR,2BA | $1.54 |
| The Grove | The Garden | 2BR,2BA | $1.71 |
| Aria Apartments of Zionsville | Concerto | 1BR,1BA | $1.90 |
| Hunters Point Apartments | 2 Bed, 2.00 Bath | 2BR,2BA | $1.61 |
| Melrose Place | 2x1 | 2BR,1BA | $1.42 |
| Hickory Cottages | Baseline | 1BR,1BA | $2.04 |
| Woods of West Carmel | A1 Aster | 1BR,1BA | $1.99 |
| Reserve at Williams Glen | The Villager | 1BR,1BA | $1.81 |
| 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 90 Apartments for Rent in Boone County, IN with pricing that ranges from $850 to $3,309. There are also 31 Single Family Homes for rent, Condos, and Townhome rentals currently available in Boone County ranging from $749 to $4,200.
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 $4,200 with an average monthly rent of $2,258.
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 $1,600 to $3,309, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,600 to $2,900. Four Bedroom Single-Family rentals are also available starting from $2,299 and Four Bedroom Apartments start at $2,510.
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

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.

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.

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.

Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.