Cheap Apartments for Rent in Floyd County, IN from $681 (34 Rentals)

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

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.

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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.

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1737 Culbertson Ave
1 Bedroom Apartments

1737 Culbertson Ave

1737 Culbertson AveNew Albany, IN 47150
  • Utilities Included
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3490 Louise Way
1 to 2 Bedroom Apartments

3490 Louise Way

3490 Louise WayNew Albany, IN 47150
Senior Living
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St Edward Court
1 to 3 Bedroom Apartments

St Edward Court

701 E Spring StNew Albany, IN 47150
  • Utilities Included

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

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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Lone Star Apartments
2 Bedroom Apartments

Lone Star Apartments

1637 Old Ford RdNew Albany, IN 47150
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Monon Crossing
1 to 4 Bedroom Apartments

Monon Crossing

2710 Grant Line RdNew Albany, IN 47150
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Wynn-Gate Apartments
2 Bedroom Apartments

Wynn-Gate Apartments

81 Wynn Gate CtNew Albany, IN 47150
  • Utilities Included

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

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High Peaks
2 Bedroom Apartments

High Peaks

9815 US-150Greenville, IN 47124
Showing Results 1-34, Page 1 of 1

Cheapest Available Floyd County Apartments for Rent

 

The cheapest available apartment rental in Floyd County, IN is a Studio unit found at Brookview Glen in the New Albany neighborhood priced from $719. Elm Grove Apartments in the New Albany neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $765. Here is today’s list of the most affordable Floyd County apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Brookview GlenStudioStudio,1BA$719
Elm Grove ApartmentsStudio1BR,1BA$765
Valley RidgeTwo Bedroom Townhome2BR,1BA$781
The Monroe1 Bedroom and 1 Bathroom1BR,1BA$849
Huntley Ridge New AlbanyWillow2BR,1BA$855
Willow RunOne Bed One Bath1BR,1BA$889
2411-2415 Charlestown Rd2BR/1.0BA2BR,1BA$895
Spring Manor Apartments2BR/1.0BA2BR,1BA$920
Arbor Place ApartmentsThe Windsor1BR,1BA$975

Best Value Apartments for Rent in Floyd County, IN

As of September 01, 2026 the best value apartment in the Floyd County area is the $0.89 price per square foot 3 Bedroom 2 Bath Model at Knobs Pointe Apartments in the in the New Albany neighborhood starting from $1,425. The second greatest value Floyd County apartment is the 2BR/2.0BA Model at Lochwood Aparatments starting at $1,365 with a $0.91 price per square foot in the New Albany neighborhood. Here is today’s list of the best values for Floyd County apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Knobs Pointe Apartments3 Bedroom 2 Bath3BR,2BA$0.89
Lochwood Aparatments2BR/2.0BA2BR,2BA$0.91
Grove Park2nd Floor - Rear Side2BR,2BA$1.11
Heritage Springs RentalsVillas of Heritage Springs Townhomes3BR,1.5BA$1.00
Valley RidgeThree Bedroom Townhome3BR,1BA$1.02
Plaza Square Apartments2x12BR,1BA$1.00
904 E Main St, Unit Seven904 E Main St1BR,1BA$1.00
Arbor Place ApartmentsThe Windsor1BR,1BA$1.08
The Monroe1 Bedroom and 1 Bathroom1BR,1BA$1.06
Huntley Ridge New AlbanyAspen1BR,1BA$1.11

Frequently Asked Questions about Cheap Floyd County Apartments

What is a cheap apartment in Floyd County?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Floyd County is under $975.

What is the price of a cheap apartment in Floyd County?

The cheapest apartment in Floyd County is Elm Grove Apartments which is listed at $765, while the average apartment in Floyd County costs $1,235.

What types of apartments are the cheapest in Floyd County?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 43 regular apartments in Floyd County that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Floyd County?

Cheap apartments in Floyd County have an average cost of $403 which is $832 cheaper than the average rent for all rentals in Floyd County.

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

decorative image for Rent According to Income: A Look at Income-Restricted Rentals article

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.

decorative image for Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags article

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.

decorative image for First Apartment Regrets: Real Renters Share What They'd Do Differently article

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.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

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.