
Cheap Apartments for Rent in Hancock County, IN from $400 (38 Rentals)
Search the lowest-cost Apartments available for rent right now in Hancock County.


Reflections I

212 E St

2142 W US Hwy 40, Unit 7

2142 US-40, Unit 10

2142 W Us-40

4881 S 300 W, Unit 18

2149 US-40

570 US-52, Unit 10B
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.

570 US-52, Unit 4b

570 US-52

Greenfield Village

Stonecrest Apartments

Washington Village Apartments

906 W South St

Gateway Crossing Apartments

Total Monthly Price
306 S State St, Unit 1

Greenfield Knoll 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.

Preserve on Blue Road Apartments

Greenfield Crossing

Total Monthly Price
4259 Eclipse Way, Unit Sugar creek apartments

Grace Lane Apartments

Total Monthly Price
BroadAcre Apartments of McCordsville

Jefferson Place Apartments

1442 Coachlite Dr

McCord Square Apartments

LILA
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.

Village Apartments of Fortville

4881 300W

Eastway Court Apartments

113 W 5th St

Bluestone

Prairie Meadows

Sugar Creek Apartments

550 Wood St

Broadway Village 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.

2385 E Main St

Ridgeview West
Hancock County, IN Local Guide

How much does it cost to rent an apartment in Hancock County?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Hancock County Studio Apartments | $527 | $482 | $680 |
| Hancock County 1 Bedroom Apartments | $1,324 | $479 | $1,906 |
| Hancock County 2 Bedroom Apartments | $1,607 | $850 | $2,439 |
| Hancock County 3 Bedroom Apartments | $1,968 | $1,250 | $3,554 |
Browse Apartments in Hancock County
See all Apartments in HancockExplore Hancock County
Cheapest Available Hancock County Apartments for Rent
 The cheapest available apartment rental in Hancock County, IN is a Studio unit found at LINCOLN PARK APARTMENTS priced from $645. Eastway Court Apartments in the Southeast Indianapolis neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,014. Here is today’s list of the most affordable Hancock County apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| LINCOLN PARK APARTMENTS | Studio | Studio,1BA | $645 |
| Eastway Court Apartments | The Yellowstone | 2BR,1BA | $1,014 |
| Stonecrest Apartments | 2 bedroom 1 bath | 2BR,1BA | $1,030 |
| Washington Village Apartments | The Colonial | 1BR,1BA | $1,100 |
| Reflections I | 2x2 50%xv | 2BR,2BA | $1,125 |
| Gateway Crossing Apartments | The Nottingham I | 1BR,1BA | $1,129 |
| Bluestone | The Sapphire | 2BR,2BA | $1,134 |
| Greenfield Village | B1 Kincaid | 2BR,1BA | $1,149 |
| Greenfield Crossing | A1 Riley | 1BR,1BA | $1,187 |
Best Value Apartments for Rent in Hancock County, IN
As of August 17, 2026 the best value apartment in the Hancock County area is the $1.42 price per square foot Breezewood Model at Redwood Greenfield in the starting from $1,873. The second greatest value Hancock County apartment is the 2 Bed/2 Bath Up Model at Greenfield Knoll Apartments starting at $1,329 with a $1.11 price per square foot . Here is today’s list of the best values for Hancock County apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Redwood Greenfield | Breezewood | 2BR,2BA | $1.42 |
| Greenfield Knoll Apartments | 2 Bed/2 Bath Up | 2BR,2BA | $1.11 |
| Bluestone | The Brownstone | 2BR,2.5BA | $1.23 |
| Preserve on Blue Road Apartments | 2 Bed/2 Bath Garden | 2BR,2BA | $1.35 |
| 306 S State St, Unit 1 | 306 S State St | 2BR,1BA | $1.15 |
| Jefferson Place Apartments | B1-D | 2BR,2BA | $1.38 |
| Reflections I | 2x2 50%xv | 2BR,2BA | $1.22 |
| LINCOLN PARK APARTMENTS | Studio | Studio ,1BA | $0.81 |
| Washington Village Apartments | The Colonial | 1BR,1BA | $1.38 |
| Stonecrest Apartments | 2 bedroom 1 bath | 2BR,1BA | $1.49 |
Frequently Asked Questions about Cheap Hancock County Apartments
What is the price of a cheap apartment in Hancock County?
The cheapest apartment in Hancock County is Washington Village Apartments which is listed at $1,100, while the average apartment in Hancock County costs $1,500.
What types of apartments are the cheapest in Hancock County?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 16 regular apartments in Hancock County that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in Hancock County?
Cheap apartments in Hancock County have an average cost of $328 which is $1,172 cheaper than the average rent for all rentals in Hancock County.
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.

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

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.