Cheap Apartments for Rent in Johnson County, IN from $300 (15 Rentals)

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

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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.

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Main Street Commons
1 to 2 Bedroom Apartments

Main Street Commons

635 E Main StGreenwood, IN 46143
Senior Living
  • Utilities Included
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Beacon Pointe Apartments
1 to 4 Bedroom Apartments

Beacon Pointe Apartments

1206 Beacon Pointe DrGreenwood, IN 46143
  • Utilities Included
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Blackstone
1 to 2 Bedroom Apartments

Blackstone

611 N Meridian StGreenwood, IN 46143
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Breeza 32 Apartments
1 to 2 Bedroom Apartments

Breeza 32 Apartments

622 Wooddale TerGreenwood, IN 46142
  • Utilities Included

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Greenwood MHP
2 to 3 Bedroom Apartments

Greenwood MHP

7248 W Stones Crossing RdGreenwood, IN 46143
  • Utilities Included
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Clearview
Studio to 2 Bedroom Apartments

Clearview

715 Clearview DrGreenwood, IN 46143
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The Gables
1 to 4 Bedroom Apartments

The Gables

826 Ryland StGreenwood, IN 46143
  • Utilities Included

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Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

Cheapest Available Johnson County Apartments for Rent

 

The cheapest available apartment rental in Johnson County, IN is a Studio unit found at Waterbury Apartments in the Tracy Commons neighborhood priced from $775. The Fairways at Valle Vista in the Tracy Commons 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 Johnson County apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Waterbury ApartmentsStudioStudio,1BA$775
The Fairways at Valle VistaBirdie1BR,1BA$899
Courts of Valle Vista1Bed/1Ba-Up (B)1BR,1BA$939
Polo Run ApartmentsThe Thoroughbred 2 BR 1 BA2BR,1BA$959
Yorktowne Farms Community1 Bed 1 Bath1BR,1BA$975

Best Value Apartments for Rent in Johnson County, IN

As of June 27, 2026 the best value apartment in the Johnson County area is the $1.20 price per square foot L3 Model at The Links at Franklin in the in the Cityview Farm neighborhood starting from $1,937. The second greatest value Johnson County apartment is the The Panorama Model at City View Farm Apartments starting at $1,582 with a $1.31 price per square foot in the Cityview Farm neighborhood. Here is today’s list of the best values for Johnson County apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The Links at FranklinL33BR,2BA$1.20
City View Farm ApartmentsThe Panorama3BR,2BA$1.31
Park Madison ApartmentsGarden Style 2 Bedroom/2 Bath Apartments2BR,2BA$1.09
Devonshire ApartmentsThe Wellington Renovated2BR,2BA$1.38
Pinebrook Apartments2x22BR,2BA$1.39
Auburn Place2 Bedroom 1.5 Bath2BR,1.5BA$1.24
Hartshire Lakes ApartmentsBayberry2BR,2BA$1.31
171 1/2 W Broadway St, Unit 171 1/2171 1/2 W Broadway St1BR,1BA$1.38
Copper Chase at Stones CrossingBismuth1BR,1BA$1.34
Brixin FranklinC1r2BR,2BA$1.38

Frequently Asked Questions about Cheap Johnson County Apartments

What is the Cheapest Studio apartment in Johnson County?

Currently the most affordable Cheap Studio Apartment in Johnson County is at Waterbury Apartments listed at $775.

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

The lowest price for a Cheap One Bedroom Johnson County Apartment is $899 at The Fairways at Valle Vista.

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

Today's best deal for a Cheap Two Bedroom Apartment in Johnson County is starting from $959 at Polo Run Apartments.

What is the most affordable Johnson County Three Bedroom Apartment?

The best deal on a cheap Johnson County Three Bedroom Apartment rental is at Yorktowne Farms Community and starts from $1,375.

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

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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.

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

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

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.