Cheap Apartments for Rent in Philpot, KY from $500 (18 Rentals)

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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

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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Philpot, KY Local Guide

Cheapest Available Philpot Apartments for Rent and Nearby

 

The cheapest available apartment rental in Philpot, KY is a 1 Bed unit found at Ambassador Villas priced from $675. Heathmoore - Evansville in the Lant Manor neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $700. Here is today’s list of the most affordable Philpot apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Ambassador VillasAmbassador 1 BD1BR,1BA$675
Heathmoore - Evansville1 Bed 1 Bath1BR,1BA$700
MeadowoodStudio RenoStudio,1BA$700
Legion Park & Heartwood Court ApartmentsLegion 1 Bed1BR,1BA$750
Park Place Apartments - 55+ CommunityOne Bedroom Unit1BR,1BA$800

Best Value Apartments for Rent in Philpot, KY and Nearby

As of January 14, 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 Madison Model at Warrick Trail Apartments starting at $1,520 with a $1.16 price per square foot in the East Evansville 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
Warrick Trail ApartmentsMadison2BR,2BA$1.16
Kimber Green ApartmentsThe Pine Townhome3BR,1.5BA$1.18
Hornbrook Estates ApartmentsTwo Bedroom One Bathroom2BR,1BA$1.17
Indian WoodsThe Oak2BR,1BA$1.10
Abbey Court ApartmentsLondon2BR,1BA$1.13
Kingston Square ApartmentsTwo Bedroom2BR,1BA$1.02
Village GreenCherry1BR,1BA$1.09
Ambassador VillasAmbassador 1 BD1BR,1BA$0.96
Devonshire Gardens I & IIII 1 Bed 1 Bath C1BR,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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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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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!

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Frequently Asked Questions about Cheap Philpot Apartments

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

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

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 $815 at Kingston Square Apartments.

What is the most affordable Philpot Three Bedroom Apartment?

The best deal on a cheap Philpot Three Bedroom Apartment rental is at Saddlebrook and starts from $1,249.

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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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.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate!