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.

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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1743 Culbertson Ave
1 Bedroom Apartments

1743 Culbertson Ave

1743 Culbertson AveNew Albany, IN 47150
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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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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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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
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High Peaks
2 Bedroom Apartments

High Peaks

9815 US-150Greenville, IN 47124

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

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Showing Results 1-36, 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. Huntley Ridge New Albany in the New Albany neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $830. Here is today’s list of the most affordable Floyd County apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Brookview GlenStudioStudio,1BA$719
Huntley Ridge New AlbanyAspen1BR,1BA$830
The Monroe1 Bedroom and 1 Bathroom1BR,1BA$849
High Park Apartments2 Bedroom2BR,1BA$982
Silver Creek Commons East & West2 Bedroom East2BR,2BA$995
Plaza Square Apartments2x12BR,1BA$1,000
Sheffield SquareOne Bedroom One Bath1BR,1BA$1,049
Heritage Springs RentalsVillas of Heritage Springs Apartments2BR,2BA$1,050
St. James Place Apartments1BR/1.0BA1BR,1BA$1,100
Marvin Gardens on Main1BR/1.0BA1BR,1BA$1,100

Best Value Apartments for Rent in Floyd County, IN

As of July 17, 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 The Arbor Model at Arbor Place Apartments starting at $1,150 with a $0.96 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
Arbor Place ApartmentsThe Arbor2BR,1.5BA$0.96
Heritage Springs RentalsVillas of Heritage Springs Townhomes3BR,1.5BA$1.00
Valley RidgeThree Bedroom Townhome3BR,1BA$1.02
Academy Park Apartments2 BEDROOM 2 BATHROOM2BR,2BA$1.12
Adelyn Apartments4229-72BR,2BA$1.03
Plaza Square Apartments2x12BR,1BA$1.00
Sheffield SquareOne Bedroom One Bath1BR,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 $1,100.

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

The cheapest apartment in Floyd County is Brookview Glen which is listed at $819, while the average apartment in Floyd County costs $1,425.

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 39 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 $336 which is $1,089 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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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

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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.

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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.

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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.

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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.