Cheap Apartments for Rent in Cannelton, IN from $500 (45 Rentals)

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

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.

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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.

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Shannon Glenn
Studio to 3 Bedroom Apartments

Shannon Glenn

280 Shamrock CtEvansville, IN 47715
  • Utilities Included
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Fairmont Apartments
Studio to 2 Bedroom Apartments

Fairmont Apartments

4982-4984 Tippecanoe DrEvansville, IN 47715
  • Utilities Included

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.

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Eastland Apartments
1 to 2 Bedroom Apartments

Eastland Apartments

5308 Eden DrEvansville, IN 47715
  • Utilities Included

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.

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Andrea Court North
2 Bedroom Apartments

Andrea Court North

8955 Andrea CtNewburgh, IN 47630
Senior Living
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Legacy Commons
1 to 2 Bedroom Apartments

Legacy Commons

630 Chuck Gray CtOwensboro, KY 42303
  • 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.

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Cannelton, IN Local Guide

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 ListingModel NameBed/BathPriced From
Heathmoore - Evansville1 Bed 1 Bath1BR,1BA$700
Knox Landing1 Bed / 1 Bath1BR,1BA$700
Shannon GlennMcConnell2BR,1BA$710
Legion Park & Heartwood Court ApartmentsLegion 1 Bed1BR,1BA$750
Ambassador VillasAmbassador 1 BD1BR,1BA$750
Devonshire Gardens I & IIII 1 Bed 1 Bath B1BR,1BA$770
Keystone ApartmentsOne Bedroom1BR,1BA$779
Abbey Court ApartmentsCambridge1BR,1BA$840
Hornbrook Estates ApartmentsTwo Bedroom One Bathroom2BR,1BA$895
Indian WoodsThe Oak2BR,1BA$899

Best Value Apartments for Rent in Cannelton, IN and Nearby

As of June 13, 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 $1,190 with a $1.14 price per square foot . Here is today’s list of the best values for Cannelton apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Royal Arms of Owensboro3 Bedroom 2 Bath3BR,2BA$0.95
Chapman Crossing2 Bedroom2BR,1BA$1.14
Indian WoodsThe Oak2BR,1BA$0.95
Andrea Court North2BR/1.0BA2BR,1BA$1.03
Embassy Townhomes2 Bed, 1.5 Bath2BR,1.5BA$1.00
Kimber Green ApartmentsThe Maple (Up)1BR,1BA$1.15
Abbey Court ApartmentsCambridge1BR,1BA$1.13
Ambassador VillasAmbassador 1 BD1BR,1BA$1.07
Devonshire Gardens I & IIII 1 Bed 1 Bath C1BR,1BA$1.19
Knox Landing1 Bed / 1 Bath1BR,1BA$1.06

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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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.

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

Explore Cannelton, IN Rentals by Map

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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

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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.

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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.

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Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

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Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.