Cheap Apartments for Rent in Ferdinand, IN from $500 (33 Rentals)

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

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
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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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Ironton at Shoals
Studio to 2 Bedroom Apartments

Ironton at Shoals

11708 Ironton RdShoals, IN 47581
Senior Living
  • 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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Eastland Apartments
1 to 2 Bedroom Apartments

Eastland Apartments

5308 Eden DrEvansville, IN 47715
  • Utilities Included
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West Baden Lofts
2 to 3 Bedroom Apartments

West Baden Lofts

942 N Main StWest Baden Springs, IN 47469
  • Utilities Included

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.

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Legacy Commons
1 to 2 Bedroom Apartments

Legacy Commons

630 Chuck Gray CtOwensboro, KY 42303
  • Utilities Included
Showing Results 1-33, Page 1 of 1

Ferdinand, IN Local Guide

Cheapest Available Ferdinand Apartments for Rent and Nearby

 

The cheapest available apartment rental in Ferdinand, IN is a 1 Bed unit found at SPRING VALLEY FLATS in the Oakhill neighborhood priced from $599. Ironton at Shoals has the second lowest priced unit, which is a 1 Bed apartment currently listed from $650. Here is today’s list of the most affordable Ferdinand apartments for rent:

Apartment ListingModel NameBed/BathPriced From
SPRING VALLEY FLATSThe Redbud1BR,1BA$599
Ironton at Shoals1 Beds, 1 Baths1BR,1BA$650
Shannon GlennMcConnell2BR,1BA$710
The Timbers ApartmentsThe Oak 1 BR 1 BA1BR,1BA$750
Legion Park & Heartwood Court ApartmentsLegion 1 Bed1BR,1BA$750
Ambassador VillasAmbassador 1 BD1BR,1BA$750
TERRA TRACEThe Dogwood1BR,1BA$799
Kingston Square ApartmentsTwo Bedroom2BR,1BA$815
Devonshire Gardens I & IIII 1 Bed 1 Bath C1BR,1BA$825
Abbey Court ApartmentsCambridge1BR,1BA$840

Best Value Apartments for Rent in Ferdinand, IN and Nearby

As of May 02, 2026 the best value apartment in the Ferdinand 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 Ferdinand apartment is the 3 X 2 Model at Brushwood Apartments starting at $1,415 with a $1.13 price per square foot . Here is today’s list of the best values for Ferdinand apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Royal Arms of Owensboro3 Bedroom 2 Bath3BR,2BA$0.95
Brushwood Apartments3 X 23BR,2BA$1.13
The Westcott2 Bed, 2 Bath2BR,2BA$1.19
Andrea Court NorthAndrea Court North2BR,1BA$1.03
Shannon GlennMcConnell2BR,1BA$0.89
Kingston Square ApartmentsTwo Bedroom2BR,1BA$1.02
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
Ironton at Shoals1 Beds, 1 Baths1BR,1BA$1.00

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Learn the property manager's true secrets to a zero-deduction move-out. Use this step-by-step guide on documentation, cleaning, and lease-reading to reclaim your security deposit.

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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.

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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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The 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.

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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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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.

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

Explore Ferdinand, IN Rentals by Map

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See the most popular apartments and homes in Ferdinand, IN

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Frequently Asked Questions about Cheap Ferdinand Apartments

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

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

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

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

What is the most affordable Ferdinand Three Bedroom Apartment?

The best deal on a cheap Ferdinand Three Bedroom Apartment rental is at Royal Arms of Owensboro and starts from $1,330.

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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A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

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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.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

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.

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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.