Cheap Apartments for Rent in Newburgh, IN from $500 (53 Rentals)

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

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Fernwood Apartments
2 Bedroom Apartments

Fernwood Apartments

5288 Newburgh HtsNewburgh, IN 47630
  • Utilities Included
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Hidden Elms Apartments
2 to 3 Bedroom Apartments

Hidden Elms Apartments

4800 Scenic DrNewburgh, IN 47630
  • Utilities Included
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Riverwind Apartments
1 to 3 Bedroom Apartments

Riverwind Apartments

5900 Kraeger LnNewburgh, IN 47630
  • 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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Creekside Apartments
2 Bedroom Apartments

Creekside Apartments

10267 Basin StNewburgh, IN 47630
  • 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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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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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
  • 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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Eastland Apartments
1 to 2 Bedroom Apartments

Eastland Apartments

5308 Eden DrEvansville, IN 47715
  • Utilities Included
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Legacy Commons
Studio to 2 Bedroom Apartments

Legacy Commons

1101 S Lincoln Park DrEvansville, IN 47714
  • Utilities Included

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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Newburgh, IN Local Guide

Cheapest Available Newburgh Apartments for Rent

 

The cheapest available apartment rental in Newburgh, IN is a 1 Bed unit found at SPRING VALLEY FLATS in the Oakhill neighborhood priced from $599. 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 Newburgh apartments for rent:

Apartment ListingModel NameBed/BathPriced From
SPRING VALLEY FLATSThe Redbud1BR,1BA$599
Embassy Apartments0.1Studio,1BA$685
Heathmoore - Evansville1 Bed 1 Bath1BR,1BA$700
The Timbers ApartmentsThe Oak 1 BR 1 BA1BR,1BA$772
TERRA TRACEThe Dogwood1BR,1BA$799
The Manning1 Bedroom 1 Bathroom1BR,1BA$799
Devonshire Gardens I & IIII 1 Bed 1 Bath C1BR,1BA$825
Village GreenChestnut1BR,1BA$835
Abbey Court ApartmentsCambridge1BR,1BA$840
Addison PlaceSt Charles2BR,1BA$899

Best Value Apartments for Rent in Newburgh, IN

As of April 12, 2026 the best value apartment in the Newburgh area is the $0.85 price per square foot 2BR/1.0BA Model at Ross Center Village in the in the Lincoln-Bellemeade neighborhood starting from $975. The second greatest value Newburgh apartment is the Two Bedroom One Bathroom Model at Hornbrook Estates Apartments starting at $995 with a $1.04 price per square foot in the Jeannette neighborhood. Here is today’s list of the best values for Newburgh apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Ross Center Village2BR/1.0BA2BR,1BA$0.85
Hornbrook Estates ApartmentsTwo Bedroom One Bathroom2BR,1BA$1.04
Indian WoodsThe Oak2BR,1BA$1.05
Andrea Court North2BR/1.0BA2BR,1BA$1.03
Colonial Manor Apartments2x1 R2BR,1BA$1.15
Addison PlaceSt Charles2BR,1BA$1.06
Abbey Court ApartmentsCambridge1BR,1BA$1.13
Devonshire Gardens I & IIII 1 Bed 1 Bath C1BR,1BA$1.19
Village GreenChestnut1BR,1BA$1.22
Heathmoore - Evansville1 Bed 1 Bath1BR,1BA$1.22

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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Quick Rent Budget Calculator

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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Newburgh, IN

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Remember the 3 Rules of Real Estate:
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Frequently Asked Questions about Cheap Newburgh Apartments

What is the Cheapest Studio apartment in Newburgh?

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

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

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

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

Today's best deal for a Cheap Two Bedroom Apartment in Newburgh is starting from $840 at Heathmoore - Evansville.

What is the most affordable Newburgh Three Bedroom Apartment?

The best deal on a cheap Newburgh Three Bedroom Apartment rental is at Westcott Apartments and starts from $1,499.

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 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.

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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.

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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.