
Cheap Homes for Rent in Floyd County, IN from $700 (7 Rentals)
Search the lowest-cost Homes available for rent right now in Floyd County.


1233 Vincennes St, Unit 3

1307 E Market St
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.

4231 Mel Smith Rd

4235 Mel Smith Rd

1307 E Market St
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.

1426 Chartres St
Floyd County, IN Local Guide

How much does it cost to rent a home in Floyd County?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Floyd County 2 Bedroom Homes for Rent | $1,224 | $1,150 | $1,325 |
| Floyd County 3 Bedroom Homes for Rent | $1,768 | $1,413 | $2,675 |
| Floyd County 4 Bedroom Homes for Rent | $2,525 | $2,450 | $2,600 |
Browse Homes for Rent in Floyd County
Explore Floyd County
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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Brookview Glen | Studio | Studio,1BA | $699 |
| Kingsfield Luxury Apartments | One Bedroom | 1BR,1BA | $850 |
| The Monroe | 1 Bedroom and 1 Bathroom | 1BR,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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Heritage Springs Rentals | Villas of Heritage Springs Townhomes | 3BR,1.5BA | $1.00 |
| Academy Park Apartments | 2 BEDROOM 2 BATHROOM | 2BR,2BA | $1.12 |
| Adelyn Apartments | 7 | 2BR,2BA | $1.03 |
| Sheffield Square | Two Bedroom 2.5 Bath Townhome Ridge | 2BR,2.5BA | $1.14 |
| Huntley Ridge New Albany | 2 Bedroom 1 Bathroom | 2BR,1BA | $0.94 |
| Plaza Square Apartments | 2x1 | 2BR,1BA | $1.00 |
| Klerner Lane Apartments | Two Bed 970 | 2BR,2BA | $1.13 |
| Valley Ridge | Two Bedroom Townhome | 2BR,1BA | $1.03 |
| Kingsfield Luxury Apartments | One Bedroom | 1BR,1BA | $0.94 |
| The Monroe | 1 Bedroom and 1 Bathroom | 1BR,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

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.

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.

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.

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.