Cheap Apartments for Rent in Floyd County, IN from $600 (36 Rentals)

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

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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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1743 Culbertson Ave
1 Bedroom Apartments

1743 Culbertson Ave

1743 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
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Wynn-Gate Apartments
2 Bedroom Apartments

Wynn-Gate Apartments

81 Wynn Gate CtNew Albany, IN 47150
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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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High Park Apartments
2 Bedroom Apartments

High Park Apartments

100 High Park DrNew Albany, IN 47150
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Arbor Place Apartments
1 to 2 Bedroom Apartments

Arbor Place Apartments

200 Arbor PlNew Albany, IN 47150
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Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

Cheapest Available Floyd County Apartments for Rent

 

The cheapest available apartment rental in Floyd County, IN is a 1 Bed unit found at 1743 Culbertson Ave in the Downtown New Albany neighborhood priced from $697. Willow Grove Apartments in the Downtown New Albany neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $775. Here is today’s list of the most affordable Floyd County apartments for rent:

Apartment ListingModel NameBed/BathPriced From
1743 Culbertson Ave1 Beds, 1 Baths1BR,1BA$697
Willow Grove Apartments1 Bed, 1 Bath Flat1BR,1BA$775
Brookview GlenOne Bedroom1BR,1BA$799
Kingsfield Luxury ApartmentsOne Bedroom1BR,1BA$850
River Grove Apartments2 Bed, 1 Bath Flat2BR,1BA$885
Spring Manor Apartments2BR/1.0BA2BR,1BA$895
Huntley Ridge New Albany2 Bedroom 1 Bathroom2BR,1BA$943
High Peaks2 bedroom2BR,1BA$975

Best Value Apartments for Rent in Floyd County, IN

As of January 12, 2026 the best value apartment in the Floyd County area is the $0.91 price per square foot 2BR/2.0BA Model at Lochwood Apartments in the in the Southern Indiana neighborhood starting from $1,365. The second greatest value Floyd County apartment is the 3 BEDROOM 2 BATHROOM Model at Academy Park Apartments starting at $1,400 with a $1.04 price per square foot in the Southern Indiana 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.
Lochwood Apartments2BR/2.0BA2BR,2BA$0.91
Academy Park Apartments3 BEDROOM 2 BATHROOM3BR,2BA$1.04
Sheffield SquareTwo Bedroom 2.5 Bath Townhome Ridge2BR,2.5BA$1.16
Huntley Ridge New Albany2 Bedroom 1 Bathroom2BR,1BA$0.94
High Peaks2 bedroom2BR,1BA$0.98
Plaza Square Apartments2x12BR,1BA$1.00
Kingsfield Luxury ApartmentsOne Bedroom1BR,1BA$0.94
River Grove Apartments2 Bed, 1 Bath Flat2BR,1BA$1.04
210 E 13th St, Unit 1-MS210 E 13th St2BR,1BA$1.04
1900 Bono Rd1900 Bono Rd1BR,1BA$1.15

Frequently Asked Questions about Cheap Floyd County Apartments

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

The cheapest apartment in Floyd County is 1743 Culbertson Ave which is listed at $697, while the average apartment in Floyd County costs $1,550.

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 3 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 $139 which is $1,411 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

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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate!