Cheap Apartments for Rent in Henry County, IN from $300 (16 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

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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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Shirley Villas
1 Bedroom Apartments

Shirley Villas

100 Lee StShirley, IN 47384
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126 N 10th St
1 to 2 Bedroom Apartments

126 N 10th St

126 N 10th StNew Castle, IN 47362
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2120 Spring St
1 to 2 Bedroom Apartments

2120 Spring St

2120 Spring StNew Castle, IN 47362
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Highland Terrace
Studio to 3 Bedroom Apartments

Highland Terrace

1010-1028 S 14th StNew Castle, IN 47362
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Stonegate Village
1 to 3 Bedroom Apartments

Stonegate Village

3302 Stonegate DrNew Castle, IN 47362
  • Utilities Included

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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 Grand Avenue Commons priced from $376. Academy Place Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $675. Here is today’s list of the most affordable Henry County apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Grand Avenue Commons1 Bed, 1 bath1BR,1BA$376
Academy Place Apartments1 BR 1 Bath1BR,1BA$675
Jamestown VillageThomas Jefferson1BR,1BA$898
Crestwood MHCAdvantage3BR,2BA$1,149
Golden Pebble EstatesDouble Wide3BR,2BA$1,449

Best Value Apartments for Rent in Henry County, IN

As of September 12, 2025 the best value apartment in the Henry County area is the $0.92 price per square foot Double Wide Model at Golden Pebble Estates in the starting from $1,449. The second greatest value Henry County apartment is the 1 BR 1 Bath Model at Academy Place Apartments starting at $675 with a $0.68 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 EstatesDouble Wide3BR,2BA$0.92
Academy Place Apartments1 BR 1 Bath1BR,1BA$0.68
Crestwood MHCSpirit2BR,2BA$1.34
Grand Avenue Commons1 Bed, 1 bath1BR,1BA$0.54
Jamestown VillageThomas Jefferson1BR,1BA$1.43
925 Broad St, Unit .5925 Broad St1BR,1BA$1.35
1218 S 18th St, Unit 41218 S 18th St1BR,1BA$1.56

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 Grand Avenue Commons which is listed at $376, while the average apartment in Henry County costs $1,209.

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 3 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 $141 which is $1,068 cheaper than the average rent for all rentals in Henry County.

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.

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Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

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Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.