
Cheap Homes for Rent in Hendricks County, IN from $700 (7 Rentals)
Search the lowest-cost Homes available for rent right now in Hendricks County.


10301 Medallion Dr

10291 Medallion Dr
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.

3125 Clover Dr

3125 Clover Dr

214 N Vine 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.

1222 Richfield Ln
Hendricks County, IN Local Guide

How much does it cost to rent a home in Hendricks County?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Hendricks County 2 Bedroom Homes for Rent | $1,479 | $1,150 | $1,779 |
| Hendricks County 3 Bedroom Homes for Rent | $2,026 | $1,749 | $2,449 |
| Hendricks County 4 Bedroom Homes for Rent | $2,332 | $1,625 | $3,100 |
| Hendricks County 5 Bedroom Homes for Rent | $2,856 | $2,530 | $3,195 |
Browse Homes for Rent in Hendricks County
Explore Hendricks County
Cheapest Available Hendricks County Apartments for Rent
 The cheapest available apartment rental in Hendricks County, IN is a 1 Bed unit found at Stanley Terrace in the The Settlement - Designer neighborhood priced from $423. Waveland Place Apartments in the Lizton Clayton neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $800. Here is today’s list of the most affordable Hendricks County apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Stanley Terrace | One Bedroom | 1BR,1BA | $423 |
| Waveland Place Apartments | Loft/Studio | Studio,1BA | $800 |
| Harpers Crossing | 1 bdr | 1BR,1BA | $840 |
Best Value Apartments for Rent in Hendricks County, IN
As of April 10, 2026 the best value apartment in the Hendricks County area is the $1.16 price per square foot Trenton Model at Wynne Farms in the in the Lizton Clayton neighborhood starting from $1,999. The second greatest value Hendricks County apartment is the 3 BR/ 1.5 BA Townhouse Model at Stafford Pointe starting at $1,810 with a $1.33 price per square foot in the The Settlement - Designer neighborhood. Here is today’s list of the best values for Hendricks County apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Wynne Farms | Trenton | 3BR,2.5BA | $1.16 |
| Stafford Pointe | 3 BR/ 1.5 BA Townhouse | 3BR,1.5BA | $1.33 |
| Settlers Run | The Orchard | 3BR,2BA | $1.35 |
| Gladden Farms Apartments | The Summit - 3 Bedroom 2 Bathroom | 3BR,2BA | $1.09 |
| Stanley Terrace | Two Bedroom | 2BR,1BA | $1.06 |
| Thornbury Pointe Senior Apartment Homes | Apartment 2 Bedroom | 2BR,1BA | $1.25 |
| Lakeside at Walnut Hills | 2 Bed 1 Bath | 2BR,1BA | $1.35 |
| LaCabreah Apartments | Dover | 1BR,1BA | $1.18 |
| Harpers Crossing | 1 bdr | 1BR,1BA | $1.24 |
| Waveland Place Apartments | Loft/Studio | Studio ,1BA | $1.33 |
Frequently Asked Questions about Hendricks County
What type of rentals are currently available in Hendricks County?
There are currently 117 Apartments for Rent in Hendricks County, IN with pricing that ranges from $423 to $14,208. There are also 109 Single Family Homes for rent, Condos, and Townhome rentals currently available in Hendricks County ranging from $779 to $3,195.
What is the current price range for Rental Homes in Hendricks County?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Hendricks County ranges from $779 to $3,195 with an average monthly rent of $1,911.
How much are larger Three and Four Bedroom Rentals in Hendricks County?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Hendricks County range from $1,335 to $3,830, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,749 to $2,449. Four Bedroom Single-Family rentals are also available starting from $1,625 and Four Bedroom Apartments start at $1,800.
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

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.

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.

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.

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.