Cheap Homes for Rent in Floyd County, IN from $700 (9 Rentals)

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

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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. The Monroe in the New Albany neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $849. Here is today’s list of the most affordable Floyd County apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Brookview GlenStudioStudio,1BA$719
The Monroe1 Bedroom and 1 Bathroom1BR,1BA$849
Knobs Pointe Apartments2 Bedroom 2 Bath A2BR,2BA$859

Best Value Apartments for Rent in Floyd County, IN

As of July 29, 2026 the best value apartment in the Floyd County area is the $0.96 price per square foot The Arbor Model at Arbor Place Apartments in the in the New Albany neighborhood starting from $1,150. The second greatest value Floyd County apartment is the Villas of Heritage Springs Townhomes Model at Heritage Springs Rentals starting at $1,150 with a $1.00 price per square foot . 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.
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 Apartments4229-92BR,2BA$1.03
Knobs Pointe Apartments2 Bedroom 2 Bath A2BR,2BA$0.78
Plaza Square Apartments2x12BR,1BA$1.00
Klerner Lane ApartmentsTwo Bed 9702BR,2BA$1.13
High Park Apartments2 Bedroom2BR,1BA$1.10
The Monroe1 Bedroom and 1 Bathroom1BR,1BA$1.06

Frequently Asked Questions about Floyd County

What type of rentals are currently available in Floyd County?

There are currently 117 Apartments for Rent in Floyd County, IN with pricing that ranges from $681 to $1,790. There are also 20 Single Family Homes for rent, Condos, and Townhome rentals currently available in Floyd County ranging from $725 to $2,545.

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 $725 to $2,545 with an average monthly rent of $1,557.

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 Rent According to Income: A Look at Income-Restricted Rentals   article

Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

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.

decorative image for Apartment Occupancy Rates: Renter Attraction vs Renter Retention   article

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.

decorative image for How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide article

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.