
Cheap Apartments for Rent in Cannelton, IN from $500 (46 Rentals)
Search the lowest-cost Apartments available for rent right now in Cannelton.


Village Green

Fielding Court

Devonshire Gardens I & II

Heathmoore - Evansville

Knox Landing

Ambassador Villas

Legion Park & Heartwood Court Apartments

Keystone 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.

Kingston Square Apartments

Park Place Apartments - 55+ Community

Abbey Court Apartments

Pavilion Lakes Apartments

Royal Arms of Owensboro

Hornbrook Estates Apartments

1027 23rd St

Embassy Townhomes

Andrea Court North
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.

River Club

Brushwood Apartments

Ashley Pointe

Indian Woods

Meadowood

Brooklyn Place

Beaver Creek Apartments

Kimber Green Apartments

Bluegrass Villas
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.

Bell Pointe Apartments

The Reserve Apartments and Townhomes

Shannon Glenn

Fairmont Apartments

Roosevelt House I & II Senior Community

107 S 3rd St

748 9th St

Eastland Apartments

Chapman Crossing
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.

Riverview Senior Apartments - Age 62+

100 Orchard Hill Dr

602 12th St

Naveen Pine Apartments

920 Sycamore St

Legacy Commons

435 7th St

RNA RENTAL

Harrison Apartments
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

444 E Eble Rd
Cannelton, IN Local Guide

How much does it cost to rent an apartment in Cannelton?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Cannelton Studio Apartments | $842 | $580 | $1,200 |
| Cannelton 1 Bedroom Apartments | $1,031 | $675 | $1,669 |
| Cannelton 2 Bedroom Apartments | $1,319 | $800 | $2,089 |
| Cannelton 3 Bedroom Apartments | $1,636 | $900 | $2,309 |
| Cannelton 4 Bedroom Apartments | $1,799 | $1,799 | $1,799 |
Browse Top Apartments in Cannelton
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Cannelton, IN Local Guide
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Cheapest Available Cannelton Apartments for Rent and Nearby
 The cheapest available apartment rental in Cannelton, IN is a 1 Bed unit found at Heathmoore - Evansville in the Lant Manor neighborhood priced from $700. Knox Landing has the second lowest priced unit, which is a 1 Bed apartment currently listed from $700. Here is today’s list of the most affordable Cannelton apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Heathmoore - Evansville | 1 Bed 1 Bath | 1BR,1BA | $700 |
| Knox Landing | 1 Bed / 1 Bath | 1BR,1BA | $700 |
| Shannon Glenn | McConnell | 2BR,1BA | $710 |
| Village Green | Cypress | 1BR,1BA | $730 |
| Legion Park & Heartwood Court Apartments | Legion 1 Bed | 1BR,1BA | $750 |
| Ambassador Villas | Ambassador 1 BD | 1BR,1BA | $750 |
| Keystone Apartments | One Bedroom | 1BR,1BA | $779 |
| Kingston Square Apartments | Two Bedroom | 2BR,1BA | $815 |
| Devonshire Gardens I & II | II 1 Bed 1 Bath C | 1BR,1BA | $825 |
| Chapman Crossing | 2 Bedroom | 2BR,1BA | $839 |
Best Value Apartments for Rent in Cannelton, IN and Nearby
As of April 28, 2026 the best value apartment in the Cannelton area is the $0.95 price per square foot 3 Bedroom 2 Bath Model at Royal Arms of Owensboro in the starting from $1,330. The second greatest value Cannelton apartment is the 2 Bedroom Model at Chapman Crossing starting at $839 with a $0.80 price per square foot . Here is today’s list of the best values for Cannelton apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Royal Arms of Owensboro | 3 Bedroom 2 Bath | 3BR,2BA | $0.95 |
| Chapman Crossing | 2 Bedroom | 2BR,1BA | $0.80 |
| Hornbrook Estates Apartments | Two Bedroom One Bathroom | 2BR,1BA | $0.93 |
| Indian Woods | The Oak | 2BR,1BA | $1.05 |
| Andrea Court North | Andrea Court North | 2BR,1BA | $1.03 |
| Embassy Townhomes | 2 Bed, 1.5 Bath | 2BR,1.5BA | $1.00 |
| Shannon Glenn | McConnell | 2BR,1BA | $0.89 |
| Kingston Square Apartments | Two Bedroom | 2BR,1BA | $1.02 |
| Ambassador Villas | Ambassador 1 BD | 1BR,1BA | $1.07 |
| Knox Landing | 1 Bed / 1 Bath | 1BR,1BA | $1.06 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
Read ArticleDon'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 ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleCash 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.
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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Cannelton, IN Rentals by Map
See the most popular apartments and homes in Cannelton, IN
Frequently Asked Questions about Cheap Cannelton Apartments
How much is rent for a Cheap One Bedroom Cannelton Apartment?
The lowest price for a Cheap One Bedroom Cannelton Apartment is $700 at Heathmoore - Evansville.
What is the lowest price for a Cheap Two Bedroom Cannelton Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Cannelton is starting from $710 at Shannon Glenn.
What is the most affordable Cannelton Three Bedroom Apartment?
The best deal on a cheap Cannelton Three Bedroom Apartment rental is at Knox Landing and starts from $900.
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

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.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.