Cheap Apartments for Rent in Nebo, KY from $500 (34 Rentals)

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

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Maple Valley Townhomes
2 Bedroom Apartments

Maple Valley Townhomes

618 E Waverly StMorganfield, KY 42437
  • Utilities Included
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Donaldson Arms
1 to 2 Bedroom Apartments

Donaldson Arms

1407 Howard StEvansville, IN 47713
  • Utilities Included

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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Little River Landings
1 to 3 Bedroom Apartments

Little River Landings

1101 Pyle LnHopkinsville, KY 42240
  • 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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Showing Results 1-34, Page 1 of 1

Nebo, KY Local Guide

Cheapest Available Nebo Apartments for Rent and Nearby

 

The cheapest available apartment rental in Nebo, KY is a 1 Bed unit found at Ambassador Villas priced from $675. Embassy Apartments in the Lincoln-Bellemeade neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $685. Here is today’s list of the most affordable Nebo apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Ambassador VillasAmbassador 1 BD1BR,1BA$675
Embassy Apartments0.1Studio,1BA$685
PENNYRILE SENIOR APARTMENTS1 Bedroom 1 Bathroom1BR,1BA$699
Heathmoore - Evansville1 Bed 1 Bath1BR,1BA$700
Slate RunStudioStudio,1BA$709
Willow RunThe Hampton1BR,1BA$730
Legion Park & Heartwood Court ApartmentsLegion 1 Bed1BR,1BA$750
1631 S Main StOne Bed1BR,1BA$750
Addison PlaceWindsor1BR,1BA$799
Kingston Square ApartmentsTwo Bedroom2BR,1BA$815

Best Value Apartments for Rent in Nebo, KY and Nearby

As of September 08, 2025 the best value apartment in the Nebo 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 Nebo apartment is the 4BR/2BA - Furnished Model at Eagle Village starting at $600 with a $0.50 price per square foot in the Evansville West Side neighborhood. Here is today’s list of the best values for Nebo apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Royal Arms of Owensboro3 Bedroom 2 Bath3BR,2BA$0.95
Eagle Village4BR/2BA - Furnished4BR,2BA$0.50
Liberty Landings2 bedroom, 1 bathroom Townhouse2BR,1BA$0.85
Canterbury ApartmentsPhase 22BR,2BA$0.90
Wilshire Townhomes2BR2BR,1.5BA$1.05
The Rathbone Apartments2 Bedroom Unfurnished2BR,1BA$1.07
Morris Estates ApartmentsTwo Bedroom One Bathroom2BR,1BA$0.88
Kirkman Terrace2 Bedroom2BR,1BA$1.07
Kingston Square ApartmentsTwo Bedroom2BR,1BA$1.02
Ambassador VillasAmbassador 1 BD1BR,1BA$0.96

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Location, Location, Location!

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Getting Around Nebo, KY

Bike Score®

24 / 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 Nebo Apartments

What is the Cheapest Studio apartment in Nebo?

Currently the most affordable Cheap Studio Apartment in Nebo is at Embassy Apartments listed at $685.

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

The lowest price for a Cheap One Bedroom Nebo Apartment is $675 at Ambassador Villas.

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

Today's best deal for a Cheap Two Bedroom Apartment in Nebo is starting from $815 at Kingston Square Apartments.

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.

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Written by: Christine Leonard, Esq.

Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.