Cheap Apartments for Rent near Elberfeld, IN from $600 (45 Rentals)

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

Rent According to Income: A Look at Income-Restricted Rentals

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

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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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
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SPRING VALLEY FLATS
1 to 2 Bedroom Apartments

SPRING VALLEY FLATS

4400 Spring Valley RdEvansville, IN 47710
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1900 N Willow Rd
1 to 3 Bedroom Apartments

1900 N Willow Rd

1900 N Willow RdEvansville, IN 47711

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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Princeton Court
Studio to 2 Bedroom Apartments

Princeton Court

103 Princeton CtEvansville, IN 47715
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Eastland Apartments
1 to 2 Bedroom Apartments

Eastland Apartments

5308 Eden DrEvansville, IN 47715
  • Utilities Included

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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Naveen Pine Townhomes
1 to 4 Bedroom Apartments

Naveen Pine Townhomes

1210 Vista CtEvansville, IN 47710
  • Utilities Included

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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Showing Results 1-45, Page 1 of 1

Elberfeld, IN Local Guide

Cheapest Available Elberfeld Apartments for Rent and Nearby

 

The cheapest available apartment rental in Elberfeld, IN is a 1 Bed unit found at SPRING VALLEY FLATS in the Oakhill neighborhood priced from $599. Valoré at Hidden Hills in the Outer Central North neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $675. Here is today’s list of the most affordable Elberfeld apartments for rent:

Apartment ListingModel NameBed/BathPriced From
SPRING VALLEY FLATSThe Redbud1BR,1BA$599
Valoré at Hidden HillsThe Dogwood - One Bedroom Apartment Home1BR,1BA$675
Shannon GlennMcConnell2BR,1BA$710
MeadowoodStudio RenoStudio,1BA$720
Bradford Pointe ApartmentsINBFP 2x1 675sqft - Classic2BR,1BA$725
Shady Tree ApartmentsThe AshStudio,1BA$735
Devonshire Gardens I & IIII 1 Bed 1 Bath A1BR,1BA$785
Woodbridge Place Apartments1x1-7001BR,1BA$799
The Timbers ApartmentsThe Oak 1 BR 1 BA1BR,1BA$814
The Forge on MainStudioStudio,1BA$845

Best Value Apartments for Rent in Elberfeld, IN and Nearby

As of September 05, 2026 the best value apartment in the Elberfeld area is the $1.08 price per square foot 3BR/2.0BA Model at Apartments@41 in the in the Business 41 neighborhood starting from $1,500. The second greatest value Elberfeld apartment is the 3 Bed, 2 Bath Model at The Westcott starting at $1,499 with a $1.15 price per square foot in the Lant Manor neighborhood. Here is today’s list of the best values for Elberfeld apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Apartments@413BR/2.0BA3BR,2BA$1.08
The Westcott3 Bed, 2 Bath3BR,2BA$1.15
Weinbach Manor ApartmentsModel2BR,2BA$1.04
River ClubDelaware - Renovated2BR,1BA$1.16
Pavilion Lakes ApartmentsThe Monroe2BR,1.5BA$1.20
North ParkHarrington2BR,1BA$0.95
Terra Trace Apartments2x1.5-9362BR,1.5BA$1.12
Kimber Green ApartmentsThe Maple (Down)1BR,1BA$1.15
Woodbridge Place Apartments1x1-R-7001BR,1BA$1.21
Bradford Pointe ApartmentsINBFP 2x1 675sqft - Deluxe2BR,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.

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Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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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 Elberfeld, IN Rentals by Map

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Frequently Asked Questions about Cheap Elberfeld Apartments

What is the Cheapest Studio apartment in Elberfeld?

Currently the most affordable Cheap Studio Apartment in Elberfeld is at Meadowood listed at $720.

How much is rent for a Cheap One Bedroom Elberfeld Apartment?

The lowest price for a Cheap One Bedroom Elberfeld Apartment is $599 at SPRING VALLEY FLATS.

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

Today's best deal for a Cheap Two Bedroom Apartment in Elberfeld is starting from $710 at Shannon Glenn.

What is the most affordable Elberfeld Three Bedroom Apartment?

The best deal on a cheap Elberfeld Three Bedroom Apartment rental is at The Westcott and starts from $1,499.

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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Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!

Written by: Robin Stewart

Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

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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.