Cheap Apartments for Rent near Nebo, KY from $500 (47 Rentals)

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

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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Kirkman Terrace
$795 - $856

Total Monthly Price

Base Rent$795 - $856
Total Monthly Price$795 - $856
1 to 2 Bedroom Apartments Available Now

Kirkman Terrace

100 Croft StHopkinsville, KY 42240
Senior Living
  • Verified
  • Utilities Included
  • Low Income

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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Oak Tree Farms
$878 - $978

Total Monthly Price

Base Rent$878 - $978
Total Monthly Price$878 - $978
1 to 2 Bedroom Apartments Available Now

Oak Tree Farms

2101 Pin Oak DrHopkinsville, KY 42240
Family Friendly
  • Verified
  • Utilities Included
  • 3D Tour
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Maple Valley Townhomes
2 Bedroom Apartments

Maple Valley Townhomes

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

Donaldson Arms

1407 Howard StEvansville, IN 47713
  • 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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Little River Landings
1 to 3 Bedroom Apartments

Little River Landings

1101 Pyle LnHopkinsville, KY 42240
  • 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 1-47, 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 1210 Char Lee Dr in the Howell neighborhood priced from $500. Willow Run has the second lowest priced unit, which is a 1 Bed apartment currently listed from $515. Here is today’s list of the most affordable Nebo apartments for rent:

Apartment ListingModel NameBed/BathPriced From
1210 Char Lee Dr1bed1bath1BR,1BA$500
Willow RunThe Hampton1BR,1BA$515
Embassy Apartments0.1Studio,1BA$660
Senior Community-Franklin Place Apartments1 Bedroom1BR,1BA$675
Graystone Henderson1 Bedroom1BR,1BA$675
Addison PlaceWindsor1BR,1BA$699
PENNYRILE SENIOR APARTMENTS1 Bedroom 1 Bathroom1BR,1BA$699
Heathmoore - Evansville1 Bed 1 Bath1BR,1BA$700
Marketplace Commons Apartments1 Bedroom1BR,1BA$745
Eagle Crossing1 Bedroom1BR,1BA$749

Best Value Apartments for Rent in Nebo, KY and Nearby

As of September 13, 2026 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 3 Bedroom Townhome Model at James Village starting at $1,032 with a $0.74 price per square foot in the Hopkinsville 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
James Village3 Bedroom Townhome3BR,2.5BA$0.74
Liberty Landings2 bedroom, 1 bathroom Townhouse2BR,1BA$1.02
Oak Tree Farms2 Bedroom, 1.5 Bath2BR,1.5BA$0.98
Indian WoodsThe Oak2BR,1BA$1.00
Willow RunThe Sterling2BR,1BA$0.92
Parkside Apartments2 Bedroom2BR,1BA$1.03
Senior Community-Franklin Place Apartments1 BDR1BR,1BA$0.84
Marketplace Commons Apartments1 Bedroom1BR,1BA$0.94
1210 Char Lee Dr1bed1bath1BR,1BA$0.67

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

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Frequently Asked Questions about Cheap Nebo Apartments

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

The lowest price for a Cheap One Bedroom Nebo Apartment is $500 at 1210 Char Lee Dr.

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 $700 at 1210 Char Lee Dr.

What is the most affordable Nebo Three Bedroom Apartment?

The best deal on a cheap Nebo Three Bedroom Apartment rental is at James Village and starts from $1,032.

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.

decorative image for Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My! article

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.