Cheap Homes for Rent in Johnson County, IN from $1,200 (10 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.
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

property at 77 E Jefferson St

$1,450

Total Monthly Price

Total Monthly Price

Base Rent
$1,450

Total Monthly Price
$1,450

2 Bedroom, 1 Bath Home for Rent

Available Now

77 E Jefferson St

FranklinIN46131

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.

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.

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
Westminster Apartments and TownhomesStafford1BR,1BA$910

Best Value Apartments for Rent in Johnson County, IN

As of June 26, 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 $1,572 with a $1.30 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$1.30
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$1.26
Hartshire Lakes ApartmentsBayberry2BR,2BA$1.30
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 Johnson County

What type of rentals are currently available in Johnson County?

There are currently 133 Apartments for Rent in Johnson County, IN with pricing that ranges from $775 to $3,222. There are also 118 Single Family Homes for rent, Condos, and Townhome rentals currently available in Johnson County ranging from $1,240 to $3,060.

What is the current price range for Rental Homes in Johnson County?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Johnson County ranges from $1,240 to $3,060 with an average monthly rent of $2,031.

How much are larger Three and Four Bedroom Rentals in Johnson County?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Johnson County range from $1,375 to $3,222, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,299 to $2,300. Four Bedroom Single-Family rentals are also available starting from $1,750 and Four Bedroom Apartments start at $1,800.

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 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.

decorative image for Apartment Occupancy Rates: Renter Attraction vs Renter Retention   article

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.

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

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.

decorative image for Pet-Friendly Renting: Everything You Need to Know Before You Move article

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.