Cheap Apartments for Rent in Henry County, IN from $300 (17 Rentals)

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

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Kennard Senior Living
Studio to 1 Bedroom Apartments

Kennard Senior Living

232 N Vine StKennard, IN 47351
Senior Living
  • Utilities Included
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Autumn Oaks
1 to 3 Bedroom Apartments

Autumn Oaks

100 Autumn Oaks BlvdNew Castle, IN 47362
Corporate Housing

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Stone Run Villas
2 to 3 Bedroom Apartments

Stone Run Villas

123 W Morgan StKnightstown, IN 46148

Cheapest Available Henry County Apartments for Rent

 

The cheapest available apartment rental in Henry County, IN is a 1 Bed unit found at Academy Place Apartments priced from $675. Beckford Place has the second lowest priced unit, which is a Studio apartment currently listed from $699. Here is today’s list of the most affordable Henry County apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Academy Place Apartments1 BR 1 Bath1BR,1BA$675
Beckford PlaceStudioStudio,1BA$699
Grand Avenue Commons1 Bed, 1 bath1BR,1BA$709
Jamestown VillageThomas Jefferson1BR,1BA$779
Crestwood MHCSpirit2BR,2BA$949

Best Value Apartments for Rent in Henry County, IN

As of December 31, 2025 the best value apartment in the Henry County area is the $1.00 price per square foot Maynardville Classic 76 Model at Golden Pebble Estates in the starting from $1,214. The second greatest value Henry County apartment is the The Intuition Model at Crestwood MHC starting at $1,220 with a $1.16 price per square foot . Here is today’s list of the best values for Henry County apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Golden Pebble EstatesMaynardville Classic 763BR,2BA$1.00
Crestwood MHCThe Intuition3BR,2BA$1.16
Knightstown Villas2 Bed 1.5 Bath2BR,1.5BA$0.93
300 S 12th St, Unit 2300 S 12th St2BR,1BA$0.96
302 S 12th St, Unit 6302 S 12th St2BR,1BA$0.96
Academy Place Apartments2 BR 2 Bath2BR,1BA$0.94
Jamestown VillageWilliam Henry1BR,1BA$1.53
Grand Avenue Commons1 Bed, 1 bath1BR,1BA$1.01
925 Broad St, Unit .5925 Broad St1BR,1BA$1.35
211 N 17th St, Unit 2211 N 17th St1BR,1BA$1.45

Frequently Asked Questions about Cheap Henry County Apartments

What is the price of a cheap apartment in Henry County?

The cheapest apartment in Henry County is Academy Place Apartments which is listed at $675, while the average apartment in Henry County costs $1,154.

What types of apartments are the cheapest in Henry 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 40 regular apartments in Henry 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 Henry County?

Cheap apartments in Henry County have an average cost of $355 which is $799 cheaper than the average rent for all rentals in Henry 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

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How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips

Written by: Justin Habersaat

Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate!