Cheap Apartments for Rent near Tolu, KY from $500 (59 Rentals)

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

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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Maple Valley Townhomes
2 Bedroom Apartments

Maple Valley Townhomes

618 E Waverly StMorganfield, KY 42437
  • 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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Donaldson Arms
1 to 2 Bedroom Apartments

Donaldson Arms

1407 Howard StEvansville, IN 47713
  • Utilities Included
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Chesapeake
2 Bedroom Apartments

Chesapeake

202 Chesapeake DrMarion, IL 62959

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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Tolu, KY Local Guide

Cheapest Available Tolu Apartments for Rent and Nearby

 

The cheapest available apartment rental in Tolu, KY is a 1 Bed unit found at Willow Run priced from $515. Graystone Henderson in the Henderson North End neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $625. Here is today’s list of the most affordable Tolu apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Willow RunThe Hampton1BR,1BA$515
Graystone Henderson1 Bedroom1BR,1BA$625
1210 Char Lee Dr1bed1bath1BR,1BA$660
Mora Mi ApartmentsAmazing 1 Beds | 1 Baths | 717 Square Ft. apts ...1BR,1BA$660
Senior Community-Franklin Place Apartments1 Bedroom1BR,1BA$675
Marketplace Commons Apartments1 Bedroom1BR,1BA$745
Village GreenCypress Premium1BR,1BA$770
Jackson House1 Bedroom - Jackson House1BR,1BA$781
Woodbridge Place Apartments1x1-7001BR,1BA$799
Market Street ApartmentsStudio Apartment Home in Historic BuildingStudio,1BA$820

Best Value Apartments for Rent in Tolu, KY and Nearby

As of July 28, 2026 the best value apartment in the Tolu area is the $0.89 price per square foot 1X1 Model at 2600 Fairway Dr in the starting from $1,600. The second greatest value Tolu apartment is the 4BR/2BA - Furnished Model at Eagle Village - Historical Access starting at $565 with a $0.47 price per square foot in the Evansville West Side neighborhood. Here is today’s list of the best values for Tolu apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
2600 Fairway Dr1X13BR,2.5BA$0.89
Eagle Village - Historical Access4BR/2BA - Furnished4BR,2BA$0.47
Ross Center Village2BR/1.0BA2BR,1BA$0.87
Cottonwood2 Bed Duplex2BR,1.5BA$1.05
Willow RunThe Sterling2BR,1BA$0.92
Parkside Apartments2 Bedroom2BR,1BA$1.03
Senior Community-Franklin Place Apartments1 BDR1BR,1BA$0.84
Marketplace Commons Apartments1 Bedroom1BR,1BA$0.94
1210 Char Lee Dr1bed1bath1BR,1BA$0.88
Mora Mi ApartmentsAmazing 1 Beds | 1 Baths | 717 Square Ft. apts ...1BR,1BA$0.92

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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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 Tolu, KY Rentals by Map

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Frequently Asked Questions about Cheap Tolu Apartments

What is the Cheapest Studio apartment in Tolu?

Currently the most affordable Cheap Studio Apartment in Tolu is at Market Street Apartments listed at $820.

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

The lowest price for a Cheap One Bedroom Tolu Apartment is $515 at Willow Run.

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

Today's best deal for a Cheap Two Bedroom Apartment in Tolu is starting from $750 at Mora Mi Apartments.

What is the most affordable Tolu Three Bedroom Apartment?

The best deal on a cheap Tolu Three Bedroom Apartment rental is at Mora Mi Apartments and starts from $850.

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.