
Cheap Homes for Rent in Galena, IN from $700 (9 Rentals)
Search the lowest-cost Homes available for rent right now in Galena.


112 Boston Ct

3416 W Main St

451 N 25th 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.

666 Eastlawn Ave

4435 Parker Ave

655 S 35th St

353 N 27th 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.

322 N 24th St
Galena, IN Local Guide

How much does it cost to rent a home in Galena?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Galena 2 Bedroom Homes for Rent | $1,049 | $775 | $1,350 |
| Galena 3 Bedroom Homes for Rent | $1,605 | $1,150 | $2,300 |
| Galena 4 Bedroom Homes for Rent | $1,398 | $900 | $1,600 |
| Galena 5 Bedroom Homes for Rent | $1,825 | $1,700 | $1,950 |
Browse Top Homes for Rent in Galena
Explore Galena
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 Southern Indiana neighborhood priced from $200. Brookview Glen in the Downtown 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 |
| The Courtyard Apartments | 1.1B | 1BR,1BA | $740 |
Best Value Apartments for Rent in Galena, IN and Nearby
As of June 12, 2026 the best value apartment in the Galena area is the $1.06 price per square foot 2BR/1.5BA Model at Lochwood in the in the Southern Indiana neighborhood starting from $1,275. The second greatest value Galena apartment is the The Arbor Model at Arbor Place Apartments starting at $1,150 with a $0.96 price per square foot in the Southern Indiana neighborhood. 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. |
|---|---|---|---|
| Lochwood | 2BR/1.5BA | 2BR,1.5BA | $1.06 |
| Arbor Place Apartments | The Arbor | 2BR,1.5BA | $0.96 |
| Grove Park | 2nd Floor - Rear Side | 2BR,2BA | $1.11 |
| Heritage Springs Rentals | Villas of Heritage Springs Townhomes | 3BR,1.5BA | $1.00 |
| Adelyn Apartments | 4229-8 | 2BR,2BA | $1.03 |
| Huntley Ridge New Albany | Willow | 2BR,1BA | $0.94 |
| Plaza Square Apartments | 2x1 | 2BR,1BA | $1.00 |
| Valley Ridge | Two Bedroom Townhome | 2BR,1BA | $1.03 |
| 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!
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Frequently Asked Questions about Galena
What type of rentals are currently available in Galena?
There are currently 55 Apartments for Rent in Galena, IN with pricing that ranges from $200 to $2,010. There are also 34 Single Family Homes for rent, Condos, and Townhome rentals currently available in Galena ranging from $775 to $2,300.
What is the current price range for Rental Homes in Galena?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Galena ranges from $775 to $2,300 with an average monthly rent of $1,337.
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

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.

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.

Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.