
Cheap Apartments for Rent near Galena, IN from $400 (60 Rentals)
Search the lowest-cost Apartments available for rent right now in Galena.


Valley Ridge

Brookview Glen

Knobs Pointe Apartments

Courtyard Apartments

Elm Grove Apartments

Maple Grove Apartments

Stone Creek Apartments I & II

Flats of Greentree

Gaslight Square Apartments
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.

Locust Grove Apartments

Willow Grove Apartments

River Grove Apartments

Huntley Ridge New Albany

The Monroe

Glenview Apartments

Townsquare Apartments

Willow Run

Meadows at Green Tree

Arbor Place Apartments
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.

Silver Creek Commons East & West

Total Monthly Price
Plaza Square Apartments

Nicholas Landing

Sheffield Square

Heritage Springs Rentals

Montgomery Apartments

Klerner Lane Apartments

Heritage Square

Adelyn Apartments

The Breakwater
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

Lochwood

Colonial Village Apartments

Total Monthly Price
Greenbrier Apartments

The Bend

Villas at Green Valley

Plum Ridge Apartments

Grove Park

Foxtail Pointe

1743 Culbertson Ave

Christ the King Apartments
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.

112 Boston Ct

Kingsfield Luxury Apartments

Spring Manor Apartments

4435 Parker Ave

655 S 35th St

608 E 8th St

High Park Apartments

High Peaks

3911 Larkwood Ave

3831 Horne Ave
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.
Galena, IN Local Guide

How much does it cost to rent an apartment in Galena?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Galena Studio Apartments | $1,032 | $719 | $1,195 |
| Galena 1 Bedroom Apartments | $986 | $200 | $1,740 |
| Galena 2 Bedroom Apartments | $1,202 | $781 | $1,587 |
| Galena 3 Bedroom Apartments | $1,390 | $806 | $2,010 |
Browse Top Apartments in Galena
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Galena, IN Local Guide
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Cheapest Available Galena Apartments for Rent and Nearby
 The cheapest available apartment rental in Galena, IN is a 1 Bed unit found at Yellowwood Terrace Affordable Senior Housing in the Clarksville neighborhood priced from $200. Brookview Glen in the New Albany neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $719. Here is today’s list of the most affordable Galena apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Yellowwood Terrace Affordable Senior Housing | Standard | 1BR,1BA | $200 |
| Brookview Glen | Studio | Studio,1BA | $719 |
| Courtyard Apartments | 1.1B | 1BR,1BA | $739 |
| Flats of Greentree | 1 Bedroom | 1BR,1BA | $795 |
| The Monroe | 1 Bedroom and 1 Bathroom | 1BR,1BA | $849 |
| Knobs Pointe Apartments | 2 Bedroom 2 Bath A | 2BR,2BA | $859 |
| Glenview Apartments | 1 Bedroom | 1BR,1BA | $869 |
| Townsquare Apartments | garden apartment | 1BR,1BA | $875 |
| Meadows at Green Tree | The Elm | 1BR,1BA | $925 |
| High Park Apartments | 2 Bedroom | 2BR,1BA | $962 |
Best Value Apartments for Rent in Galena, IN and Nearby
As of July 26, 2026 the best value apartment in the Galena 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 Galena 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 Galena apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Arbor Place Apartments | The Arbor | 2BR,1.5BA | $0.96 |
| Heritage Springs Rentals | Villas of Heritage Springs Townhomes | 3BR,1.5BA | $1.00 |
| Plum Ridge Apartments | Two Bed | 2BR,2BA | $1.05 |
| Valley Ridge | Three Bedroom Townhome | 3BR,1BA | $1.02 |
| Adelyn Apartments | 4229-7 | 2BR,2BA | $1.03 |
| Knobs Pointe Apartments | 2 Bedroom 2 Bath A | 2BR,2BA | $0.78 |
| Plaza Square Apartments | 2x1 | 2BR,1BA | $1.00 |
| The Monroe | 1 Bedroom and 1 Bathroom | 1BR,1BA | $1.06 |
| Courtyard Apartments | 1.1B | 1BR,1BA | $1.07 |
| Yellowwood Terrace Affordable Senior Housing | Standard | 1BR,1BA | $0.34 |
Don't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
Read ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Galena, IN Rentals by Map
See the most popular apartments and homes in Galena, IN
Frequently Asked Questions about Cheap Galena Apartments
How much is rent for a Cheap One Bedroom Galena Apartment?
The lowest price for a Cheap One Bedroom Galena Apartment is $200 at Yellowwood Terrace Affordable Senior Housing.
What is the lowest price for a Cheap Two Bedroom Galena Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Galena is starting from $813 at Courtyard Apartments.
What is the most affordable Galena Three Bedroom Apartment?
The best deal on a cheap Galena Three Bedroom Apartment rental is at Heritage Springs Rentals and starts from $1,150.
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

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.

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.

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.

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.