
Cheap Apartments for Rent in Boonville, IN from $500 (43 Rentals)
Search the lowest-cost Apartments available for rent right now in Boonville.


Boonville Homes

444 E Eble Rd

Village Green

Fielding Court

Sontra Evansville Apartments

Devonshire Gardens I & II

Embassy Apartments
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.

Heathmoore - Evansville

Princeton Court

Addison Place

The Timbers Apartments

TERRA TRACE

Northbend Townhomes

Park Place Apartments - 55+ Community

Abbey Court Apartments
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.

Hornbrook Estates Apartments

Pavilion Lakes Apartments

Indian Woods

Sugar Mill Creek

Bryce De Moray

Andrea Court North

River Club

Ashley Pointe
Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
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.

Brooklyn Place

Beaver Creek Apartments

Kimber Green Apartments

The Reserve Apartments and Townhomes

Bell Pointe Apartments

The Westcott

Yellowstone Development

Warrick Trail Apartments
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

Shannon Glenn

SPRING VALLEY FLATS

Fairmont Apartments

Eastland Apartments

5560 E Virginia St

Naveen Pine Apartments

5564 E Virginia St

701 Beachfront Dr
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

7935 Circle Front Ct

1816 N Denby Ave

703 Beachfront Dr
Boonville, IN Local Guide

How much does it cost to rent an apartment in Boonville?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Boonville Studio Apartments | $718 | $580 | $1,200 |
| Boonville 1 Bedroom Apartments | $963 | $675 | $1,669 |
| Boonville 2 Bedroom Apartments | $1,338 | $840 | $4,449 |
| Boonville 3 Bedroom Apartments | $1,616 | $1,240 | $2,309 |
| Boonville 4 Bedroom Apartments | $1,849 | $1,849 | $1,849 |
Browse Top Apartments in Boonville
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Boonville, IN Local Guide
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Cheapest Available Boonville Apartments for Rent and Nearby
 The cheapest available apartment rental in Boonville, IN is a 1 Bed unit found at SPRING VALLEY FLATS in the Oakhill neighborhood priced from $599. Sontra Evansville Apartments in the Lincoln-Bellemeade neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $630. Here is today’s list of the most affordable Boonville apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| SPRING VALLEY FLATS | The Redbud | 1BR,1BA | $599 |
| Sontra Evansville Apartments | 0BR/1.0BA | Studio,1BA | $630 |
| Embassy Apartments | 0.1 | Studio,1BA | $685 |
| Heathmoore - Evansville | 1 Bed 1 Bath | 1BR,1BA | $700 |
| Shannon Glenn | McConnell | 2BR,1BA | $710 |
| Addison Place | Windsor | 1BR,1BA | $769 |
| The Timbers Apartments | The Oak 1 BR 1 BA | 1BR,1BA | $770 |
| TERRA TRACE | The Dogwood | 1BR,1BA | $799 |
| Northbend Townhomes | 1 Bedroom Flat | 1BR,1BA | $823 |
| Devonshire Gardens I & II | II 1 Bed 1 Bath C | 1BR,1BA | $825 |
Best Value Apartments for Rent in Boonville, IN and Nearby
As of May 12, 2026 the best value apartment in the Boonville area is the $1.19 price per square foot 2 Bed, 2 Bath Model at The Westcott in the in the Fielding Court neighborhood starting from $1,283. The second greatest value Boonville apartment is the Two Bedroom One Bathroom Model at Hornbrook Estates Apartments starting at $895 with a $0.93 price per square foot in the Jeannette neighborhood. Here is today’s list of the best values for Boonville apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| The Westcott | 2 Bed, 2 Bath | 2BR,2BA | $1.19 |
| Hornbrook Estates Apartments | Two Bedroom One Bathroom | 2BR,1BA | $0.93 |
| Indian Woods | The Oak | 2BR,1BA | $0.95 |
| Andrea Court North | Andrea Court North | 2BR,1BA | $1.03 |
| Princeton Court | 2 Bed 1 Bath | 2BR,1BA | $1.03 |
| Shannon Glenn | McConnell | 2BR,1BA | $0.89 |
| Abbey Court Apartments | Cambridge | 1BR,1BA | $1.13 |
| Devonshire Gardens I & II | II 1 Bed 1 Bath C | 1BR,1BA | $1.19 |
| Addison Place | Windsor | 1BR,1BA | $1.17 |
| Heathmoore - Evansville | 1 Bed 1 Bath | 1BR,1BA | $1.22 |
Don't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
Read ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
Best Local Schools in Boonville, IN
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Boonville, IN Rentals by Map
See the most popular apartments and homes in Boonville, IN
Frequently Asked Questions about Cheap Boonville Apartments
What is the Cheapest Studio apartment in Boonville?
Currently the most affordable Cheap Studio Apartment in Boonville is at Sontra Evansville Apartments listed at $630.
How much is rent for a Cheap One Bedroom Boonville Apartment?
The lowest price for a Cheap One Bedroom Boonville Apartment is $599 at SPRING VALLEY FLATS.
What is the lowest price for a Cheap Two Bedroom Boonville Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Boonville is starting from $710 at Shannon Glenn.
What is the most affordable Boonville Three Bedroom Apartment?
The best deal on a cheap Boonville Three Bedroom Apartment rental is at Northbend Townhomes and starts from $1,067.
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

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.

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.

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.

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.