
Cheap Apartments for Rent near Richland, IN from $500 (45 Rentals)
Search the lowest-cost Apartments available for rent right now in Richland.


Village Green

Meadowood

Legion Park & Heartwood Court Apartments

Ambassador Villas

Keystone Apartments

Devonshire Gardens I & II

Park Place Apartments - 55+ Community

Abbey Court Apartments
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.

Kingston Square Apartments

The Westcott

Royal Arms of Owensboro

Hornbrook Estates Apartments

Indian Woods

Kimber Green Apartments

River Club

Bryce De Moray

Ashley Pointe
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.

Pavilion Lakes Apartments

Brushwood Apartments

Brooklyn Place

Beaver Creek Apartments

The Reserve Apartments and Townhomes

Bluegrass Villas

Bell Pointe Apartments

East Meadows Apartment Homes

Yellowstone Development
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.

Shannon Glenn

Fairmont Apartments

Heathmoore - Evansville

Roosevelt House I & II Senior Community

920 Sycamore St

Eastland Apartments

506 E 20th St

5492 Red Mile Loop

Andrea Court North
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.

Naveen Pine Apartments

Legacy Commons

4152 Bell Rd

693 Chuck Gray Ct

RNA RENTAL

1012 Holly Ave

4154 Bell Rd

4153 Bell Rd

2513 Strickland Dr
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.
Richland, IN Local Guide

How much does it cost to rent an apartment in Richland?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Richland Studio Apartments | $844 | $600 | $1,200 |
| Richland 1 Bedroom Apartments | $1,019 | $630 | $2,533 |
| Richland 2 Bedroom Apartments | $1,319 | $845 | $3,067 |
| Richland 3 Bedroom Apartments | $1,741 | $1,255 | $2,964 |
| Richland 4 Bedroom Apartments | $1,849 | $1,849 | $1,849 |
Browse Top Apartments in Richland
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Richland, IN Local Guide
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Cheapest Available Richland Apartments for Rent and Nearby
 The cheapest available apartment rental in Richland, IN is a 2 Beds unit found at Shannon Glenn in the Lant Manor neighborhood priced from $710. Meadowood in the Warrick County neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $720. Here is today’s list of the most affordable Richland apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Shannon Glenn | McConnell | 2BR,1BA | $710 |
| Meadowood | Studio Reno | Studio,1BA | $720 |
| Legion Park & Heartwood Court Apartments | Legion 1 Bed | 1BR,1BA | $750 |
| Ambassador Villas | Ambassador 1 BD | 1BR,1BA | $750 |
| Devonshire Gardens I & II | II 1 Bed 1 Bath A | 1BR,1BA | $785 |
| Abbey Court Apartments | Cambridge | 1BR,1BA | $840 |
| Village Green | Chestnut | 1BR,1BA | $875 |
| Hornbrook Estates Apartments | Two Bedroom One Bathroom | 2BR,1BA | $895 |
| Indian Woods | The Oak | 2BR,1BA | $899 |
| Andrea Court North | Andrea Court North | 2BR,1BA | $925 |
Best Value Apartments for Rent in Richland, IN and Nearby
As of August 03, 2026 the best value apartment in the Richland 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 Richland 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 Richland apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Royal Arms of Owensboro | 3 Bedroom 2 Bath | 3BR,2BA | $0.95 |
| Kimber Green Apartments | The Willow Townhome | 2BR,1.5BA | $1.10 |
| East Meadows Apartment Homes | East Meadows - 2/2 - 2nd Floor | 2BR,2BA | $1.25 |
| River Club | Delaware - Renovated | 2BR,1BA | $1.11 |
| Pavilion Lakes Apartments | The Monroe | 2BR,1.5BA | $1.25 |
| Indian Woods | The Oak | 2BR,1BA | $0.95 |
| Andrea Court North | Andrea Court North | 2BR,1BA | $1.03 |
| Abbey Court Apartments | Cambridge | 1BR,1BA | $1.13 |
| Ambassador Villas | Ambassador 1 BD | 1BR,1BA | $1.07 |
| Legion Park & Heartwood Court Apartments | Legion 1 Bed | 1BR,1BA | $1.25 |
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.
Read ArticleReal 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.
Read ArticleQuick 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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Richland, IN Rentals by Map
See the most popular apartments and homes in Richland, IN
Frequently Asked Questions about Cheap Richland Apartments
How much is rent for a Cheap One Bedroom Richland Apartment?
The lowest price for a Cheap One Bedroom Richland Apartment is $750 at Legion Park & Heartwood Court Apartments.
What is the lowest price for a Cheap Two Bedroom Richland Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Richland is starting from $710 at Shannon Glenn.
What is the most affordable Richland Three Bedroom Apartment?
The best deal on a cheap Richland Three Bedroom Apartment rental is at Pavilion Lakes Apartments and starts from $1,299.
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

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.

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

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.

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.