Cheap Apartments for Rent in Cannelton, IN from $500 (17 Rentals)
Search the lowest-cost Apartments available for rent right now in Cannelton.

Shannon Glenn

Fielding Court
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.

Devonshire Gardens I & II

Legion Park & Heartwood Court Apartments

Park Place Apartments - 55+ Community

Kingston Square Apartments

Abbey Court Apartments

Royal Arms of Owensboro
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.

Keystone 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.

904 Parkview Dr
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 | $833 | $531 | $1,200 |
Cannelton 1 Bedroom Apartments | $1,083 | $538 | $1,796 |
Cannelton 2 Bedroom Apartments | $1,263 | $637 | $2,270 |
Cannelton 3 Bedroom Apartments | $1,676 | $728 | $2,470 |
Cannelton 4 Bedroom Apartments | $1,649 | $1,500 | $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 Ambassador Villas priced from $675. Devonshire Gardens I & II in the Lincoln-Bellemeade neighborhood 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 |
---|---|---|---|
Ambassador Villas | Ambassador 1 BD | 1BR,1BA | $675 |
Devonshire Gardens I & II | II 1 Bed 1 Bath A | 1BR,1BA | $700 |
Legion Park & Heartwood Court Apartments | Legion 1 Bed | 1BR,1BA | $750 |
Park Place Apartments - 55+ Community | One Bedroom Unit | 1BR,1BA | $800 |
Embassy Townhomes | 2 Bed, 1.5 Bath | 2BR,1BA | $900 |
Best Value Apartments for Rent in Cannelton, IN and Nearby
As of June 09, 2025 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 Richmond Model at Brooklyn Place starting at $1,264 with a $1.19 price per square foot in the Lant Manor neighborhood. 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 |
Brooklyn Place | Richmond | 2BR,2BA | $1.19 |
Indian Woods | The Oak | 2BR,1BA | $1.05 |
Abbey Court Apartments | Nottingham | 2BR,1BA | $1.02 |
Bell Pointe Apartments | One Bedroom | 1BR,1BA | $1.28 |
Embassy Townhomes | 2 Bed, 1.5 Bath | 2BR,1.5BA | $1.00 |
Westcott Apartments | 1 Bedroom | 1BR,1BA | $1.22 |
Ambassador Villas | Ambassador 1 BD | 1BR,1BA | $0.96 |
Park Place Apartments - 55+ Community | One Bedroom Unit | 1BR,1BA | $1.27 |
Legion Park & Heartwood Court Apartments | Legion 1 Bed | 1BR,1BA | $1.25 |
Quick Rent Budget Calculator
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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
Getting Around Cannelton, IN
Walk Score®
7 / 100
Car-Dependent
Almost all errands require a car
Bike Score®
14 / 100
Somewhat Bikeable
Minimal bike infrastructure
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
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 $675 at Ambassador Villas.
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 $800 at Ambassador Villas.
What is the most affordable Cannelton Three Bedroom Apartment?
The best deal on a cheap Cannelton Three Bedroom Apartment rental is at Royal Arms of Owensboro and starts from $1,330.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
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.

The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

Navigating the Rental Market: Tips for First-Time Renters
Written by: Sandy Baker
Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.