Cheap Apartments for Rent in Henry County, IN from $300 (12 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Lifestyle Matching SearchDone
Learn more about Lifestyle Search
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

property at 940 S 15th St

$695 - $1,075

1 To 2 Bedroom Rentals

Available Now

940 S 15th St

New CastleIN47362

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.

Read Article
close
View Me
Kennard Senior Living
Studio to 1 Bedroom Apartments

Kennard Senior Living

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

Autumn Oaks

100 Autumn Oaks BlvdNew Castle, IN 47362
Corporate Housing

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.

Read Article
Showing Results 1-12, Page 1 of 1

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 $729. 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$729
Beckford PlaceOne Bed One Bath1BR,1BA$825
Jamestown VillageA2 Thomas Jefferson1BR,1BA$849
Knightstown Villas2 Bed 1.5 Bath2BR,1BA$1,075

Best Value Apartments for Rent in Henry County, IN

As of June 01, 2026 the best value apartment in the Henry County area is the $0.89 price per square foot Prime FHB Model at Golden Pebble Estates in the starting from $1,399. The second greatest value Henry County apartment is the 1127 S 18th St Model at 1127 S 18th St, Unit 1127 S 18th Street starting at $1,100 with a $1.00 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 EstatesPrime FHB3BR,2BA$0.89
1127 S 18th St, Unit 1127 S 18th Street1127 S 18th St3BR,1.5BA$1.00
Knightstown Villas3 Bed 2 Bath3BR,2BA$1.12
Academy Place Apartments1 BR 1 Bath1BR,1BA$0.79
Grand Avenue Commons1 Bed, 1 bath1BR,1BA$1.04
Jamestown VillageA1 Ulysses Grant1BR,1BA$1.45
Beckford PlaceOne Bed One Bath1BR,1BA$1.43
417 S 12th St, Unit A417 S 12th St1BR,1BA$1.73

Frequently Asked Questions about Cheap Henry County Apartments

How much is rent for a Cheap One Bedroom Henry County Apartment?

The lowest price for a Cheap One Bedroom Henry County Apartment is $675 at Academy Place Apartments.

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

Today's best deal for a Cheap Two Bedroom Apartment in Henry County is starting from $824 at Grand Avenue Commons.

What is the most affordable Henry County Three Bedroom Apartment?

The best deal on a cheap Henry County Three Bedroom Apartment rental is at Knightstown Villas and starts from $1,175.

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 Neighborhood and Market Insights: How to Choose the Right Area to Rent article

Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.

decorative image for A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back article

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

decorative image for Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts article

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

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.