Cheap Homes for Rent in Philpot, KY from $900 (9 Rentals)

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

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.

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.

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 $630. 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
Sontra Evansville Apartments0BR/1.0BAStudio,1BA$630
Heathmoore - Evansville1 Bed 1 Bath1BR,1BA$700
Legion Park & Heartwood Court ApartmentsLegion 1 Bed1BR,1BA$750

Best Value Apartments for Rent in Philpot, KY and Nearby

As of April 10, 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 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 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
Hornbrook Estates ApartmentsTwo Bedroom One Bathroom2BR,1BA$1.04
Indian WoodsThe Oak2BR,1BA$1.05
Devonshire Gardens I & IIII 2 Bed 1 Bath2BR,1BA$1.04
Andrea Court North2BR/1.0BA2BR,1BA$1.03
Addison PlaceSt Charles2BR,1BA$1.06
Brushwood Apartments2 X 22BR,2BA$1.20
Kingston Square ApartmentsTwo Bedroom2BR,1BA$1.02
Abbey Court ApartmentsCambridge1BR,1BA$1.13
Ambassador VillasAmbassador 1 BD1BR,1BA$1.07

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

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Frequently Asked Questions about Philpot

What type of rentals are currently available in Philpot?

There are currently 39 Apartments for Rent in Philpot, KY with pricing that ranges from $580 to $2,054. There are also 33 Single Family Homes for rent, Condos, and Townhome rentals currently available in Philpot ranging from $900 to $2,700.

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

Today's rental pricing for Homes for Rent, Condos and Townhomes in Philpot ranges from $900 to $2,700 with an average monthly rent of $1,788.

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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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.