Cheap Apartments for Rent in Henderson, KY from $500 (74 Rentals)

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

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Woodsview Apartments
1 to 4 Bedroom Apartments

Woodsview Apartments

1424 Woodland DrHenderson, KY 42420
  • Utilities Included
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Pleasant Pointe Apartments
1 to 2 Bedroom Apartments

Pleasant Pointe Apartments

619 Barrett BlvdHenderson, KY 42420
Senior Living
  • 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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CAMBRIDGE POINTE
2 to 3 Bedroom Apartments

CAMBRIDGE POINTE

2718 Zion RdHenderson, KY 42420
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Seven Oaks Apartments
2 Bedroom Apartments

Seven Oaks Apartments

771 Lakeview DrHenderson, KY 42420
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Lakewood Flats and Townhomes
Rent Specials
$670 - $1,195
Total Monthly Price

Total Monthly Price

Base Rent
$655 - $1,180
Required Monthly Fees
$15

Total Monthly Price
$670 - $1,195
1 to 2 Bedroom Apartments Available Now

Lakewood Flats and Townhomes

5001 Lakeside CtEvansville, IN 47712
Affordability
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Heathmoore - Evansville
$700 - $1,190
Total Monthly Price

Total Monthly Price

Base Rent
$682 - $1,172
Required Monthly Fees
$18

Total Monthly Price
$700 - $1,190
Studio to 2 Bedroom Apartments Available Now

Heathmoore - Evansville

2413 S Green River RdEvansville, IN 47715
Affordability
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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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The Forge on Main
Rent Specials
$800 - $1,911
Total Monthly Price

Total Monthly Price

Base Rent
$735 - $1,846
Required Monthly Fees
$65

Total Monthly Price
$800 - $1,911
Studio to 2 Bedroom Apartments Available Now

The Forge on Main

200 N Main StEvansville, IN 47711
Corporate Housing
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  • Utilities Included
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Market Street Apartments
$865 - $1,395
Total Monthly Price

Total Monthly Price

Base Rent
$735 - $1,265
Required Monthly Fees
$130

Total Monthly Price
$865 - $1,395
Studio to 2 Bedroom Apartments Available Now

Market Street Apartments

301 NW 3rd StEvansville, IN 47708
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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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Leisure Living Lakeside
$950 - $1,300
Total Monthly Price

Total Monthly Price

Base Rent
$898 - $1,248
Required Monthly Fees
$52

Total Monthly Price
$950 - $1,300
1 to 2 Bedroom Apartments Available Now

Leisure Living Lakeside

1214 Lavender CtEvansville, IN 47712
Senior Living
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  • Utilities Included
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Kimber Green Apartments
Rent Specials
$1,100 - $1,650
Total Monthly Price

Total Monthly Price

Base Rent
$996 - $1,546
Required Monthly Fees
$104

Total Monthly Price
$1,100 - $1,650
1 to 3 Bedroom Apartments Available Now

Kimber Green Apartments

200 Kimber LnEvansville, IN 47715
Corporate Housing
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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.

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Shannon Glenn
Studio to 3 Bedroom Apartments

Shannon Glenn

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

Fairmont Apartments

4982-4984 Tippecanoe DrEvansville, IN 47715
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1900 N Willow Rd
1 to 3 Bedroom Apartments

1900 N Willow Rd

1900 N Willow RdEvansville, IN 47711
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Anchor Court Apartments
1 Bedroom Apartments

Anchor Court Apartments

2025 W Columbia StEvansville, IN 47712
Senior Living
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Donaldson Arms
1 to 2 Bedroom Apartments

Donaldson Arms

1407 Howard StEvansville, IN 47713
  • Utilities Included

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.

Henderson, KY Local Guide

Cheapest Neighborhoods for Apartments in Henderson, KY

Pricing Updated: 02/21/2026

Current apartment rentals in the Henderson, KY area range in price from to with an overall median price of . Here is today’s list neighborhoods with the lowest median pricing for Henderson Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Henderson East End$1,650$6502
Henderson South Side$1,650$6502

Cheapest Available Henderson Apartments for Rent and Nearby

 

The cheapest available apartment rental in Henderson, KY is a 1 Bed unit found at Saddlebrook in the Henderson North End neighborhood priced from $610. Embassy Apartments in the East Evansville neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $610. Here is today’s list of the most affordable Henderson apartments for rent:

Apartment ListingModel NameBed/BathPriced From
SaddlebrookOne Bedroom One Bath Phase 31BR,1BA$610
Embassy Apartments0.1Studio,1BA$610
Graystone Henderson1 Bedroom1BR,1BA$625
Lakewood Flats and Townhomes2 small wd2BR,1BA$670
Heathmoore - Evansville1 Bed 1 Bath1BR,1BA$700
Shannon GlennDublin1BR,1BA$757
Foxfire West Apartments1.11BR,1BA$785
The Manning1 Bedroom 1 Bathroom1BR,1BA$799
The Forge on MainStudio AStudio,1BA$800
Village GreenChestnut1BR,1BA$820

Best Value Apartments for Rent in Henderson, KY and Nearby

As of February 22, 2026 the best value apartment in the Henderson area is the $0.88 price per square foot 2 Bed 2 Bath B Model at Devonshire Gardens I & II in the in the East Evansville neighborhood starting from $1,085. The second greatest value Henderson apartment is the The Chestnut Model at Indian Woods starting at $1,379 with a $1.14 price per square foot in the East Evansville neighborhood. Here is today’s list of the best values for Henderson apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Devonshire Gardens I & II2 Bed 2 Bath B2BR,2BA$0.88
Indian WoodsThe Chestnut3BR,2BA$1.14
Eagle Village - Historical Access4BR/2BA - Furnished4BR,2BA$0.47
Ross Center Village2BR/1.0BA2BR,1BA$0.83
Addison PlaceSt Charles2BR,1BA$1.15
Mission Viejo VillasB- Barcelona1BR,1BA$1.16
Parkside Apartments2 Bedroom2BR,1BA$1.03
CAMBRIDGE POINTE2 Bed 1 Bath2BR,1BA$1.07
Shannon GlennDublin1BR,1BA$1.01
Abbey Court ApartmentsCambridge1BR,1BA$1.13

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

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Frequently Asked Questions about Cheap Henderson Apartments

What is the Cheapest Studio apartment in Henderson?

Currently the most affordable Cheap Studio Apartment in Henderson is at Embassy Apartments listed at $610.

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

The lowest price for a Cheap One Bedroom Henderson Apartment is $610 at Saddlebrook.

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

Today's best deal for a Cheap Two Bedroom Apartment in Henderson is starting from $670 at Lakewood Flats and Townhomes.

What is the most affordable Henderson Three Bedroom Apartment?

The best deal on a cheap Henderson Three Bedroom Apartment rental is at CAMBRIDGE POINTE and starts from $957.

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

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

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.

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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.

decorative image for A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment article

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.