Cheap Apartments for Rent near Bowling Green, IN from $399 (48 Rentals)

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Search the lowest-cost Apartments available for rent right now in Bowling Green.

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

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Historic Walnut Square
1 to 3 Bedroom Apartments

Historic Walnut Square

200 S 6th StTerre Haute, IN 47807
  • 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.

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.

Bowling Green, IN Local Guide

Cheapest Available Bowling Green Apartments for Rent and Nearby

 

The cheapest available apartment rental in Bowling Green, IN is a 1 Bed unit found at Anthony Square Senior Apartments in the Downtown Terre Haute neighborhood priced from $525. Sycamore Place in the Downtown Terre Haute neighborhood has the second lowest priced unit, which is a 3 Beds apartment currently listed from $549. Here is today’s list of the most affordable Bowling Green apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Anthony Square Senior Apartments1 BR, 1 BA1BR,1BA$525
Sycamore Place3 Bedroom 1.5 Bathroom Townhouse Fall 20263BR,1BA$549
Union Pointe1 Bedroom1BR,2BA$550
Arbors at Honey Creek2x22BR,2BA$610
NorthwindThe Hickory1BR,1BA$650
Cine Senior ApartmentsTwo Bedroom2BR,1BA$690
Woodland Springs1 Bedroom1BR,1BA$725
KINGSTON RIDGE APARTMENTS1 Bedroom 1 Bathroom - Apartment1BR,1BA$735
The Village1BR/1.0BA1BR,1BA$750
THE GROVE AT FARRINGTON2 Bed 1 Bath2BR,1BA$750

Best Value Apartments for Rent in Bowling Green, IN and Nearby

As of August 22, 2026 the best value apartment in the Bowling Green area is the $0.33 price per square foot 4 Bed 2 bath Model at The Annex of Terre Haute in the in the Downtown Terre Haute neighborhood starting from $399. The second greatest value Bowling Green apartment is the 3 Bedroom Model at Harrison West starting at $1,000 with a $0.91 price per square foot in the Downtown Terre Haute neighborhood. Here is today’s list of the best values for Bowling Green apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The Annex of Terre Haute4 Bed 2 bath4BR,2BA$0.33
Harrison West3 Bedroom3BR,2BA$0.91
Arbors at Honey Creek2x22BR,2BA$0.57
River Valley Apartments2 Bedroom, 2 Bath2BR,2BA$1.11
THE GROVE AT FARRINGTON2 Bed 1 Bath2BR,1BA$0.90
Ashton Apartments1BR/1.5BA1BR,1.5BA$0.95
Woodland Springs1 Bedroom1BR,1BA$0.98
Riverside Apartments2 Bedroom2BR,1BA$1.14
KINGSTON RIDGE APARTMENTS1 Bedroom 1 Bathroom - Apartment1BR,1BA$1.08
Union Pointe1 Bedroom1BR,2BA$0.92

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.

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Real 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.

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

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Frequently Asked Questions about Cheap Bowling Green Apartments

What is the Cheapest Studio apartment in Bowling Green?

Currently the most affordable Cheap Studio Apartment in Bowling Green is at The Village Quarter listed at $810.

How much is rent for a Cheap One Bedroom Bowling Green Apartment?

The lowest price for a Cheap One Bedroom Bowling Green Apartment is $525 at Anthony Square Senior Apartments.

What is the lowest price for a Cheap Two Bedroom Bowling Green Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Bowling Green is starting from $571 at Sycamore Place.

What is the most affordable Bowling Green Three Bedroom Apartment?

The best deal on a cheap Bowling Green Three Bedroom Apartment rental is at Sycamore Place and starts from $549.

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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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.

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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.

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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.

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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.