Cheap Apartments for Rent in Henry County, IN from $300 (21 Rentals)

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

property at 225 N 10th St

$695

Total Monthly Price

Total Monthly Price

Base Rent
$695

Total Monthly Price
$695

2 Bedroom, 1 Bath Condo for Rent

Available Now

225 N 10th St, Unit .5

225 N 10th St
New CastleIN47362
property at 1104 Thornburg St

$695

Total Monthly Price

Total Monthly Price

Base Rent
$695

Total Monthly Price
$695

2 Bedroom, 1 Bath Townhome for Rent

Available Now

1104 Thornburg St

New CastleIN47362
property at 940 S 15th St

$695 - $1,075

1 To 2 Bedroom Rentals

Available Now

940 S 15th St

New CastleIN47362

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property at 1102 Spring St

$795

Total Monthly Price

Total Monthly Price

Base Rent
$795

Total Monthly Price
$795

2 Bedroom, 1 Bath Townhome for Rent

Available Now

1102 Spring St

New CastleIN47362

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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

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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. Grand Avenue Commons has the second lowest priced unit, which is a 1 Bed apartment currently listed from $709. 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
Grand Avenue Commons1 Bed, 1 bath1BR,1BA$709
Beckford PlaceOne Bed One Bath1BR,1BA$729
Jamestown VillageThomas Jefferson1BR,1BA$779
Knightstown Villas2 Bed 1.5 Bath2BR,1BA$1,075

Best Value Apartments for Rent in Henry County, IN

As of March 01, 2026 the best value apartment in the Henry County area is the $0.99 price per square foot The Social 76 Model at Golden Pebble Estates in the starting from $1,204. The second greatest value Henry County apartment is the Classic 72 Model at Crestwood MHC starting at $1,134 with a $0.98 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 EstatesThe Social 763BR,2BA$0.99
Crestwood MHCClassic 723BR,2BA$0.98
Knightstown Villas3 Bed 2 Bath3BR,2BA$1.12
683 N 5th St, Unit 683683 N 5th St2BR,1BA$0.95
302 S 12th St302 S 12th St2BR,1BA$0.88
300 S 12th St, Unit 2300 S 12th St2BR,1BA$0.88
Academy Place Apartments2 BR 2 Bath2BR,1BA$0.94
Grand Avenue Commons1 Bed, 1 bath1BR,1BA$1.01
Beckford PlaceOne Bed One Bath1BR,1BA$1.27
211 N 17th St, Unit 2211 N 17th St1BR,1BA$1.35

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 $1,139.

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 4 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 $114 which is $1,025 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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Written by: Christine Leonard, Esq.

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Written by: Lauren Harrington

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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.

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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.