Cheap Apartments for Rent in Hancock County, IN from $400 (38 Rentals)

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Search the lowest-cost Apartments available for rent right now in Hancock 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.

property at 570 US-52

$999

2 Bedroom Rentals

Available Now

570 US-52

FountaintownIN46130
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306 S State St, Unit 1
$1,150
Total Monthly Price

Total Monthly Price

Base Rent
$1,150

Total Monthly Price
$1,150
2 Bedroom Apartment Available Now

306 S State St, Unit 1

306 S State StGreenfield, IN 46140

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Bluestone
1 to 3 Bedroom Apartments

Bluestone

210 Flagstone DrGreenfield, IN 46140
Senior Living
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Prairie Meadows
1 to 4 Bedroom Apartments

Prairie Meadows

2915 Sweet Grass DrGreenfield, IN 46140
  • Utilities Included

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.

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Ridgeview West
1 to 3 Bedroom Apartments

Ridgeview West

650 N Main StFortville, IN 46040

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 ListingModel NameBed/BathPriced From
LINCOLN PARK APARTMENTSStudioStudio,1BA$645
Eastway Court ApartmentsThe Yellowstone2BR,1BA$1,014
Stonecrest Apartments2 bedroom 1 bath2BR,1BA$1,030
Washington Village ApartmentsThe Colonial1BR,1BA$1,100
Reflections I2x2 50%xv2BR,2BA$1,125
Gateway Crossing ApartmentsThe Nottingham I1BR,1BA$1,129
BluestoneThe Sapphire2BR,2BA$1,134
Greenfield VillageB1 Kincaid2BR,1BA$1,149
Greenfield CrossingA1 Riley1BR,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 ListingModel NameBed/BathPrice Per Sq.Ft.
Redwood GreenfieldBreezewood2BR,2BA$1.42
Greenfield Knoll Apartments2 Bed/2 Bath Up2BR,2BA$1.11
BluestoneThe Brownstone2BR,2.5BA$1.23
Preserve on Blue Road Apartments2 Bed/2 Bath Garden2BR,2BA$1.35
306 S State St, Unit 1306 S State St2BR,1BA$1.15
Jefferson Place ApartmentsB1-D2BR,2BA$1.38
Reflections I2x2 50%xv2BR,2BA$1.22
LINCOLN PARK APARTMENTSStudioStudio ,1BA$0.81
Washington Village ApartmentsThe Colonial1BR,1BA$1.38
Stonecrest Apartments2 bedroom 1 bath2BR,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

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.

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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.

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.

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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.