Cheap Apartments for Rent near Russellville, IN from $600 (41 Rentals)

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

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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Townhomes on Main
3 Bedroom Apartments

Townhomes on Main

400 S Market StRockville, IN 47872
Senior Living
  • Utilities Included
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Stanley Terrace
1 to 3 Bedroom Apartments

Stanley Terrace

451 N Vine StPlainfield, IN 46168

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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The Brakeman Apartments
Studio to 2 Bedroom Apartments

The Brakeman Apartments

230 S Lebanon StLebanon, IN 46052
Corporate Housing
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Washington Square
1 to 2 Bedroom Apartments

Washington Square

614 S Washington StCrawfordsville, IN 47933
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320 N Jefferson St
1 Bedroom Apartments

320 N Jefferson St

320 N Jefferson StBrownsburg, IN 46112
Corporate Housing
  • 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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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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Showing Results 1-41, Page 1 of 1

Russellville, IN Local Guide

Cheapest Available Russellville Apartments for Rent and Nearby

 

The cheapest available apartment rental in Russellville, IN is a 2 Beds unit found at Sycamore Estates priced from $225. Northwind has the second lowest priced unit, which is a 1 Bed apartment currently listed from $660. Here is today’s list of the most affordable Russellville apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Sycamore EstatesMobile Home Lot2BR,1BA$225
NorthwindThe Hickory1BR,1BA$660
Wabash Shore Apartments2BR/1.0BA2BR,1BA$799
Ashton Apartments1BR/1.5BA1BR,1BA$800
Cloverdale Heights1 BR/ 1 BA (includes $30 water sewer trash)1BR,1BA$890
The Landings1 Bedroom1BR,1BA$900
5380 E Main St1BR/ 1BA1BR,1BA$960
451 Lebanon Apartments1D1BR,1BA$990
LaCabreah ApartmentsDover1BR,1BA$1,025
Heritage TrailOne Bedroom Apartment1BR,1BA$1,130

Best Value Apartments for Rent in Russellville, IN and Nearby

As of September 09, 2026 the best value apartment in the Russellville area is the $1.25 price per square foot The Ranch Model at Settlers Run in the in the Lizton Clayton neighborhood starting from $1,280. The second greatest value Russellville apartment is the 2x1A R Model at Hillcrest Apartments starting at $1,305 with a $1.31 price per square foot in the The Settlement - Designer neighborhood. Here is today’s list of the best values for Russellville apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Settlers RunThe Ranch2BR,2BA$1.25
Hillcrest Apartments2x1A R2BR,1BA$1.31
Ashton Apartments2BR/2.0BA2BR,2BA$1.25
Melrose PlaceMelrose Place - 2 bedroom/1 bathroom Waitlist2BR,1BA$1.42
Sycamore EstatesMobile Home Rental3BR,1BA$0.67
Hunter Ridge Apartments2x1H R-Prem2BR,1BA$1.45
LaCabreah ApartmentsDover1BR,1BA$1.22
Heritage TrailOne Bedroom Apartment1BR,1BA$1.41
The Landings1 Bedroom1BR,1BA$1.22
NorthwindThe Hickory1BR,1BA$1.24

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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Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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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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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 Russellville, IN Rentals by Map

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Frequently Asked Questions about Cheap Russellville Apartments

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

The lowest price for a Cheap One Bedroom Russellville Apartment is $660 at Northwind.

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

Today's best deal for a Cheap Two Bedroom Apartment in Russellville is starting from $225 at Sycamore Estates.

What is the most affordable Russellville Three Bedroom Apartment?

The best deal on a cheap Russellville Three Bedroom Apartment rental is at Sycamore Estates and starts from $600.

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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Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!

Written by: Robin Stewart

Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

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Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

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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.