Cheap Apartments for Rent near Philpot, KY from $500 (44 Rentals)

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

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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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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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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Shannon Glenn
Studio to 3 Bedroom Apartments

Shannon Glenn

280 Shamrock CtEvansville, IN 47715
  • 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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Andrea Court North
2 Bedroom Apartments

Andrea Court North

8955 Andrea CtNewburgh, IN 47630
Senior Living
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Legacy Commons
1 to 2 Bedroom Apartments

Legacy Commons

630 Chuck Gray CtOwensboro, KY 42303
  • 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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RNA RENTAL
1 to 3 Bedroom Apartments

RNA RENTAL

1811 Carter RdOwensboro, KY 42301
Showing Results 1-44, Page 1 of 1

Philpot, KY Local Guide

Cheapest Available Philpot Apartments for Rent and Nearby

 

The cheapest available apartment rental in Philpot, KY is a Studio unit found at Sontra Evansville Apartments in the Lincoln-Bellemeade neighborhood priced from $655. Heathmoore - Evansville in the Lant Manor neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $670. Here is today’s list of the most affordable Philpot apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Sontra Evansville Apartments0BR/1.0BAStudio,1BA$655
Heathmoore - Evansville1 Bed 1 Bath1BR,1BA$670
Shannon GlennMcConnell2BR,1BA$710
Legion Park & Heartwood Court ApartmentsLegion 1 Bed1BR,1BA$750
Ambassador VillasAmbassador 1 BD1BR,1BA$750
Village GreenCypress Premium1BR,1BA$770
Abbey Court ApartmentsCambridge1BR,1BA$799
The Manning1 Bedroom 1 Bathroom1BR,1BA$849
Pavilion Lakes ApartmentsThe Michigan1BR,1BA$850
Devonshire Gardens I & II1 Bed 1 Bath C1BR,1BA$890

Best Value Apartments for Rent in Philpot, KY and Nearby

As of July 24, 2026 the best value apartment in the Philpot 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 Philpot apartment is the The Willow Townhome Model at Kimber Green Apartments starting at $1,149 with a $1.10 price per square foot in the Lant Manor neighborhood. Here is today’s list of the best values for Philpot apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Royal Arms of Owensboro3 Bedroom 2 Bath3BR,2BA$0.95
Kimber Green ApartmentsThe Willow Townhome2BR,1.5BA$1.10
Pavilion Lakes ApartmentsThe Monroe2BR,1.5BA$1.25
Indian WoodsThe Oak2BR,1BA$0.95
Abbey Court ApartmentsNottingham2BR,1BA$1.14
Andrea Court NorthAndrea Court North2BR,1BA$1.03
Ambassador VillasAmbassador 1 BD1BR,1BA$1.07
Addison PlaceWindsor1BR,1BA$1.23
Legion Park & Heartwood Court ApartmentsLegion 1 Bed1BR,1BA$1.25
Heathmoore - Evansville1 Bed 1 Bath1BR,1BA$1.16

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

Explore Philpot, KY Rentals by Map

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See the most popular apartments and homes in Philpot, KY

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Frequently Asked Questions about Cheap Philpot Apartments

What is the Cheapest Studio apartment in Philpot?

Currently the most affordable Cheap Studio Apartment in Philpot is at Sontra Evansville Apartments listed at $655.

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

The lowest price for a Cheap One Bedroom Philpot Apartment is $670 at Heathmoore - Evansville.

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

Today's best deal for a Cheap Two Bedroom Apartment in Philpot is starting from $710 at Shannon Glenn.

What is the most affordable Philpot Three Bedroom Apartment?

The best deal on a cheap Philpot Three Bedroom Apartment rental is at Royal Arms of Owensboro and starts from $1,330.

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.

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

decorative image for How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide article

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.