Cheap Homes for Rent in Nebo, KY from $700 (15 Rentals)

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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

Best Value Apartments for Rent in Nebo, KY and Nearby

As of September 10, 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
Wilshire Townhomes2BR2BR,1.5BA$1.05
Canterbury ApartmentsPhase 22BR,2BA$0.90
Morris Estates ApartmentsTwo Bedroom One Bathroom2BR,1BA$0.88
Kirkman Terrace2 Bedroom2BR,1BA$1.07
Keystone Apartments2 Bedroom2BR,1BA$1.06
Kingston Square ApartmentsTwo Bedroom2BR,1BA$1.02
Ambassador VillasAmbassador 1 BD1BR,1BA$0.96

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

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Frequently Asked Questions about Nebo

What type of rentals are currently available in Nebo?

There are currently 46 Apartments for Rent in Nebo, KY with pricing that ranges from $565 to $1,650. There are also 31 Single Family Homes for rent, Condos, and Townhome rentals currently available in Nebo ranging from $750 to $2,300.

What is the current price range for Rental Homes in Nebo?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Nebo ranges from $750 to $2,300 with an average monthly rent of $1,231.

How much are larger Three and Four Bedroom Rentals in Nebo?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Nebo range from $1,155 to $1,585, while Three Bedroom Homes, Condos, and Townhomes for rent range from $975 to $1,600. Four Bedroom Single-Family rentals are also available starting from $1,600 and Four Bedroom Apartments start at $580.

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.

decorative image for The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro article

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.