Cheap Apartments for Rent in Hanover, IN from $400 (57 Rentals)

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

property at 4146 IN-56

$1,800

Total Monthly Price

Total Monthly Price

Base Rent
$1,800
Total Monthly Price
$1,800

3 Bedroom, 2 Bath Home for Rent

Available Now

4146 IN-56

HanoverIN47243
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281 E Main St
1 Bedroom Apartments

281 E Main St

281 E Main StHanover, IN 47243
  • Utilities Included
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3 N Madison Ave
1 Bedroom Apartments

3 N Madison Ave

3 N Madison AveHanover, IN 47243

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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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.

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Crowne at the Summit
$1,151 - $1,967
Total Monthly Price

Total Monthly Price

Base Rent
$1,151 - $1,967
Total Monthly Price
$1,151 - $1,967
1 to 3 Bedroom Apartments Available Now

Crowne at the Summit

4301 Crowne Springs DrLouisville, KY 40241
Corporate Housing
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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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Foxtail Pointe
2 to 3 Bedroom Apartments

Foxtail Pointe

8810 Old Highway 60Sellersburg, IN 47172
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Water's Edge
1 to 3 Bedroom Apartments

Water's Edge

20 Red Oak WayAustin, IN 47102
  • Utilities Included
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Summit Place Apartments
1 to 2 Bedroom Apartments

Summit Place Apartments

5201 Eagles Peak WayLouisville, KY 40241
Corporate Housing
  • Utilities Included
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Koehler Springs
2 to 3 Bedroom Apartments

Koehler Springs

2012 Payne Koehler RdSellersburg, IN 47172
  • Utilities Included

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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Showing Results 1-50, Page 1 of 2

Hanover, IN Local Guide

Cheapest Available Hanover Apartments for Rent and Nearby

 

The cheapest available apartment rental in Hanover, IN is a 1 Bed unit found at Stonebrook of Scottsburg priced from $699. 217 Hooton Blvd has the second lowest priced unit, which is a 1 Bed apartment currently listed from $800. Here is today’s list of the most affordable Hanover apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Stonebrook of ScottsburgOne Bedroom, One Bath, 650 Sq Ft1BR,1BA$699
217 Hooton Blvd1 Bedroom, 1 Bathroom1BR,1BA$800
Tracks at Seymour1 Bedroom, 1 Bath, 743 Sq Ft1BR,1BA$897
Oldham Oaks2 Bedroom2BR,2BA$905
Springhurst East Apartments1 Bedroom 1 Bathroom1BR,1BA$935
Ashby1 Bedroom 1 Bathroom - Small1BR,1BA$937
Lakeview1 Bedroom 1 Bath1BR,1BA$942
HeathmooreOne Bed One Bath Standard1BR,1BA$980
Sova1 Bedroom1BR,1BA$989
Charlestown FlatsOne Bedroom Flat1BR,1BA$995

Best Value Apartments for Rent in Hanover, IN and Nearby

As of April 13, 2026 the best value apartment in the Hanover area is the $1.15 price per square foot 2 BR 1.5 Bath with Basement Model at Ravenwood Glen in the starting from $1,650. The second greatest value Hanover apartment is the 3 Bedroom Model at Oldham Oaks starting at $1,230 with a $0.91 price per square foot . Here is today’s list of the best values for Hanover apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Ravenwood Glen2 BR 1.5 Bath with Basement2BR,1.5BA$1.15
Oldham Oaks3 Bedroom3BR,2BA$0.91
Crestwood CommonsThoroughbred2BR,2BA$1.11
Plum Ridge ApartmentsTwo Bed2BR,2BA$1.10
Rivers Edge Residences2 Beds, 2 baths2BR,2BA$1.10
Highland Glen3B3BR,2BA$1.07
Westport Woods2 bed 2 Bath2BR,2BA$1.24
Renaissance Park ApartmentsNew Construction Two Bedroom Two Bathroom2BR,2BA$1.22
Lakeview1 Bedroom 1 Bath1BR,1BA$1.17
217 Hooton Blvd1 Bedroom, 1 Bathroom1BR,1BA$1.05

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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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.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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Quick 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.

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Hanover, IN

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Frequently Asked Questions about Cheap Hanover Apartments

How much is rent for a Cheap One Bedroom Hanover Apartment?

The lowest price for a Cheap One Bedroom Hanover Apartment is $699 at Stonebrook of Scottsburg.

What is the lowest price for a Cheap Two Bedroom Hanover Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Hanover is starting from $799 at Stonebrook of Scottsburg.

What is the most affordable Hanover Three Bedroom Apartment?

The best deal on a cheap Hanover Three Bedroom Apartment rental is at Highland Glen and starts from $1,177.

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 What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.