Cheap Apartments for Rent in Henry County, IN from $729 (17 Rentals)

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

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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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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From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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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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Stonegate Village
1 to 3 Bedroom Apartments

Stonegate Village

3302 Stonegate DrNew Castle, IN 47362
  • Utilities Included

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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 in the Henry County neighborhood priced from $729. Jamestown Village in the Henry County neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $899. 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$729
Jamestown VillageA2 Thomas Jefferson1BR,1BA$899
Knightstown Villas2 Bed 1.5 Bath2BR,1BA$1,075

Best Value Apartments for Rent in Henry County, IN

As of August 31, 2026 the best value apartment in the Henry County area is the $1.12 price per square foot 3 Bed 2 Bath Model at Knightstown Villas in the in the Henry County neighborhood starting from $1,175. The second greatest value Henry County apartment is the 1 Bed, 1 bath Model at Grand Avenue Commons starting at $729 with a $1.04 price per square foot in the Henry County neighborhood. 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.
Knightstown Villas3 Bed 2 Bath3BR,2BA$1.12
Grand Avenue Commons1 Bed, 1 bath1BR,1BA$1.04
Jamestown VillageA2 Thomas Jefferson1BR,1BA$1.43
1218 S 18th St, Unit 41218 S 18th St1BR,1BA$1.00

Frequently Asked Questions about Cheap Henry County 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 $829 at Grand Avenue Commons.

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 Rent According to Income: A Look at Income-Restricted Rentals   article

Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

decorative image for Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags   article

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

decorative image for First Apartment Regrets: Real Renters Share What They'd Do Differently article

First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.