Cheap Homes for Rent in Floyd County, IN from $700 (7 Rentals)

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Search the lowest-cost Homes 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.

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.

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. Kingsfield Luxury Apartments in the Southern Indiana neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $850. Here is today’s list of the most affordable Floyd County apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Brookview GlenStudioStudio,1BA$699
Kingsfield Luxury ApartmentsOne Bedroom1BR,1BA$850
The Monroe1 Bedroom and 1 Bathroom1BR,1BA$899

Best Value Apartments for Rent in Floyd County, IN

As of April 30, 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 Apartments72BR,2BA$1.03
Sheffield SquareTwo Bedroom 2.5 Bath Townhome Ridge2BR,2.5BA$1.14
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 Floyd County

What type of rentals are currently available in Floyd County?

There are currently 121 Apartments for Rent in Floyd County, IN with pricing that ranges from $681 to $1,637. There are also 20 Single Family Homes for rent, Condos, and Townhome rentals currently available in Floyd County ranging from $750 to $2,675.

What is the current price range for Rental Homes in Floyd County?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Floyd County ranges from $750 to $2,675 with an average monthly rent of $1,607.

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 Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts  article

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

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.