Cheap Apartments for Rent in Floyd County, IN from $600 (26 Rentals)

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

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.

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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.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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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
  • Utilities Included
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St Edward Court
1 to 3 Bedroom Apartments

St Edward Court

701 E Spring StNew Albany, IN 47150
  • Utilities Included

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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Lone Star Apartments
2 Bedroom Apartments

Lone Star Apartments

1637 Old Ford RdNew Albany, IN 47150
  • Utilities Included
Showing Results 1-26, 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 Downtown New Albany neighborhood priced from $699. Willow Grove Apartments in the Downtown New Albany neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $795. Here is today’s list of the most affordable Floyd County apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Brookview GlenStudioStudio,1BA$699
Willow Grove Apartments1 Bed, 1 Bath Flat1BR,1BA$795
Kingsfield Luxury ApartmentsOne Bedroom1BR,1BA$850
Knobs Pointe Apartments2 Bedroom 2 Bath A2BR,2BA$859
Huntley Ridge New Albany1 Bedroom 1 Bathroom1BR,1BA$860
Willow RunOne Bed One Bath1BR,1BA$879
The Monroe1 Bedroom and 1 Bathroom1BR,1BA$899
Lancaster LoftsA11BR,1BA$918
Valley RidgeTwo Bedroom Townhome2BR,1BA$983
Plaza Square Apartments2x12BR,1BA$1,000

Best Value Apartments for Rent in Floyd County, IN

As of April 18, 2026 the best value apartment in the Floyd County area is the $1.00 price per square foot Villas of Heritage Springs Townhomes Model at Heritage Springs Rentals in the starting from $1,150. The second greatest value Floyd County apartment is the 2 BEDROOM 2 BATHROOM Model at Academy Park Apartments starting at $1,250 with a $1.12 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.
Heritage Springs RentalsVillas of Heritage Springs Townhomes3BR,1.5BA$1.00
Academy Park Apartments2 BEDROOM 2 BATHROOM2BR,2BA$1.12
Adelyn Apartments62BR,2BA$1.07
Knobs Pointe Apartments2 Bedroom 2 Bath A2BR,2BA$0.78
Huntley Ridge New Albany2 Bedroom 1 Bathroom2BR,1BA$0.94
Plaza Square Apartments2x12BR,1BA$1.00
Klerner Lane ApartmentsTwo Bed 9702BR,2BA$1.13
Valley RidgeTwo Bedroom Townhome2BR,1BA$1.03
Kingsfield Luxury ApartmentsOne Bedroom1BR,1BA$0.94
The Monroe1 Bedroom and 1 Bathroom1BR,1BA$1.12

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 Willow Grove Apartments which is listed at $795, while the average apartment in Floyd County costs $1,315.

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 49 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 $420 which is $895 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 What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

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.

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

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.

decorative image for 18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property article

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

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

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.