Cheap Apartments for Rent in Hanover, IN from $400 (21 Rentals)
Search the lowest-cost Apartments available for rent right now in Hanover.

154 S Main Cross St

Foxtail Pointe

Chamberlain Oaks
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.

Tracks at Seymour

Deer Park Apartments

Ashby Apartments

Lakeview Apartments

Westport Woods

Springhurst East Apartments

Bishop Place Apartments
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.

Oldham Oaks

Maple Brook Apartments

Renaissance Park Apartments

Sova

205 Long St

91 N Pike St
Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

81 Benny Ln
Hanover, IN Local Guide

How much does it cost to rent an apartment in Hanover?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Hanover Studio Apartments | $1,434 | $1,199 | $1,586 |
Hanover 1 Bedroom Apartments | $1,379 | $771 | $2,212 |
Hanover 2 Bedroom Apartments | $1,569 | $487 | $3,015 |
Hanover 3 Bedroom Apartments | $2,080 | $560 | $4,215 |
Browse Top Apartments in Hanover
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Hanover, IN Local Guide
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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 $750. Water's Edge has the second lowest priced unit, which is a 1 Bed apartment currently listed from $771. Here is today’s list of the most affordable Hanover apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Stonebrook of Scottsburg | A1 | 1BR,1BA | $750 |
Water's Edge | One Bedroom Reservation List | 1BR,1BA | $771 |
281 E Main St | One Bed, One Bath | 1BR,1BA | $775 |
Chamberlain Oaks | One Bedroom | 1BR,1BA | $810 |
Tracks at Seymour | 1 Bedroom, 1 Bath, 743 Sq Ft | 1BR,1BA | $850 |
Best Value Apartments for Rent in Hanover, IN and Nearby
As of May 28, 2025 the best value apartment in the Hanover area is the $1.06 price per square foot 3 Bedroom Model at Oldham Oaks in the starting from $1,425. The second greatest value Hanover apartment is the 3 BEDROOM 2 BATH NEW CONSTRUCTION Model at Parkside Trace Apartments starting at $1,529 with a $1.13 price per square foot in the Outer Southern Indiana Clark County neighborhood. Here is today’s list of the best values for Hanover apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Oldham Oaks | 3 Bedroom | 3BR,2BA | $1.06 |
Parkside Trace Apartments | 3 BEDROOM 2 BATH NEW CONSTRUCTION | 3BR,2BA | $1.13 |
Koehler Springs | Koehler Springs II | 3BR,2.5BA | $0.89 |
Williams Crossing Townhomes | WITH Storage | 3BR,2.5BA | $1.04 |
Forest Edge Apartments | The Sequoia | 2BR,2BA | $1.19 |
Lakeview Apartments | 2 BEDROOM 2 BATHROOM B | 2BR,2BA | $1.12 |
Renaissance Park Apartments | New Construction Two Bedroom Two Bathroom | 2BR,2BA | $1.18 |
281 E Main St | One Bed, One Bath | 1BR,1BA | $0.97 |
Chamberlain Oaks | One Bedroom | 1BR,1BA | $1.15 |
Water's Edge | One Bedroom Reservation List | 1BR,1BA | $1.10 |
Quick Rent Budget Calculator
How much rent can you afford?
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Best Local Schools in Hanover, IN
Southwestern Elementary School
Southwestern Middle/Sr High School
Southwestern Middle School
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
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Getting Around Hanover, IN
Walk Score®
26 / 100
Car-Dependent
Most errands require a car
Bike Score®
27 / 100
Somewhat Bikeable
Minimal bike infrastructure
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Cheap Hanover Apartments
What is the Cheapest Studio apartment in Hanover?
Currently the most affordable Cheap Studio Apartment in Hanover is at The Flats at Springhurst Apartments of Lou... listed at $1,199.
How much is rent for a Cheap One Bedroom Hanover Apartment?
The lowest price for a Cheap One Bedroom Hanover Apartment is $750 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 $929 at Water's Edge.
What is the most affordable Hanover Three Bedroom Apartment?
The best deal on a cheap Hanover Three Bedroom Apartment rental is at Water's Edge and starts from $1,006.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
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.

The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

Navigating the Rental Market: Tips for First-Time Renters
Written by: Sandy Baker
Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.