
Cheap Apartments for Rent in Vanderburgh County, IN from $500 (113 Rentals)
Search the lowest-cost Apartments available for rent right now in Vanderburgh County.


1210 Char Lee Dr

Fielding Court

Anchor Court Apartments

Village Green

Western Hills Apartments

500 E Franklin St

Sontra Evansville Apartments

Embassy Apartments

Valoré at Hidden Hills
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.

Crescent Court Apartments | One Bedroom

Terra Trace Apartments

309 E Virginia St

Shady Tree Apartments

Fairway Plaza

4715 Lakeside Dr

Lakewood Flats and Townhomes

1165 1167-1167 S Lombard Ave

3303 Claremont Ave

4600 Rolling Ridge Ct
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.

Devonshire Gardens I & II

Foxfire West Apartments

North Park

Abbey Court Apartments

Woodbridge Place Apartments

Coldwater Flats LLC

The Manning

Addison Place

Market Street Apartments

2848 Pennsylvania St
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.

The Timbers Apartments

1240 1242-1242 Negley Ave

The Forge on Main

706 Court St

4601 Lakeside Dr

4801 Rolling Ridge Dr

665 St Mary's Dr

Hornbrook Estates Apartments

River Club

Kimber Green Apartments
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.

Bryce De Moray

Sugar Mill Creek

2803 Ashwood Ave

721 S Frederick St

Central Lofts

Copper Creek Townhomes

Brooklyn Place

Indian Woods

The Evansville Lofts

Leisure Living Lakeside
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.
Vanderburgh County, IN Local Guide

How much does it cost to rent an apartment in Vanderburgh County?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Vanderburgh County Studio Apartments | $1,329 | $600 | $2,380 |
| Vanderburgh County 1 Bedroom Apartments | $1,160 | $500 | $3,385 |
| Vanderburgh County 2 Bedroom Apartments | $1,379 | $124 | $4,449 |
| Vanderburgh County 3 Bedroom Apartments | $1,519 | $1,180 | $2,299 |
| Vanderburgh County 4 Bedroom Apartments | $1,546 | $1,340 | $1,849 |
Browse Apartments in Vanderburgh County
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Cheapest Available Vanderburgh County Apartments for Rent
 The cheapest available apartment rental in Vanderburgh County, IN is a 1 Bed unit found at 1210 Char Lee Dr in the Howell neighborhood priced from $500. 2010 W Indiana St in the Howell neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $545. Here is today’s list of the most affordable Vanderburgh County apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 1210 Char Lee Dr | 1bed1bath | 1BR, 1BA | $500 |
| 2010 W Indiana St | 1BR/1.0BA | 1BR, 1BA | $545 |
| Anchor Court Apartments | 1BR/1.0BA | 1BR, 1BA | $625 |
| Sontra Evansville Apartments | 0BR/1.0BA | Studio, 1BA | $655 |
| Embassy Apartments | 0.1 | Studio, 1BA | $660 |
| Valoré at Hidden Hills | The Dogwood - One Bedroom Apartment Home | 1BR, 1BA | $675 |
| Heathmoore - Evansville | 1 Bed 1 Bath | 1BR, 1BA | $725 |
| Fairway Plaza | 2 Bedroom | 2BR, 1BA | $740 |
| Lakewood Flats and Townhomes | One Bedroom Bungalow | 1BR, 1BA | $745 |
| Shady Tree Apartments | The Elm | 1BR, 1BA | $745 |
Best Value Apartments for Rent in Vanderburgh County, IN
As of September 29, 2026 the best value apartment in the Vanderburgh County area is the $1.07 price per square foot 3BR/2.0BA Model at Sunset Tower in the ACT neighborhood starting from $1,600. The second greatest value Vanderburgh County apartment is the 3BR/2.0BA Model at Apartments@41 in the Business 41 neighborhood starting at $1,500 with a $1.08 price per square foot. Here is today’s list of the best values for Vanderburgh County apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Sunset Tower | 3BR/2.0BA | 3BR, 2BA | $1.07 |
| Apartments@41 | 3BR/2.0BA | 3BR, 2BA | $1.08 |
| Weinbach Manor Apartments | Model | 2BR, 2BA | $1.04 |
| Wedgewood | Two Bedroom | 2BR, 1.5BA | $0.63 |
| Ross Center Village | 2BR/1.0BA | 2BR, 1BA | $0.80 |
| Northbend Townhomes | 3 Bedroom Townhome | 3BR, 1.5BA | $1.12 |
| Fairway Plaza | 2 Bedroom | 2BR, 1BA | $0.82 |
| Owen Block | Owen Block - 1 Bedroom 1 Bathroom | 1BR, 1BA | $1.08 |
| North Park | McCallister | 1BR, 1BA | $1.07 |
| 1210 Char Lee Dr | 1bed1bath | 1BR, 1BA | $0.67 |
Frequently Asked Questions about Cheap Vanderburgh County Apartments
What is a cheap apartment in Vanderburgh County?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Vanderburgh County is under $745.
What is the price of a cheap apartment in Vanderburgh County?
The cheapest apartment in Vanderburgh County is 1210 Char Lee Dr which is listed at $500, while the average apartment in Vanderburgh County costs $1,157.
What types of apartments are the cheapest in Vanderburgh County?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 15 regular apartments in Vanderburgh County that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in Vanderburgh County?
Cheap apartments in Vanderburgh County have an average cost of $264 which is $893 cheaper than the average rent for all rentals in Vanderburgh County.
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.

How Commercial-to-Residential Property Conversions Help the Housing Crisis
Written by: Robin Stewart
Many housing markets throughout America share a common complaint: a lack of affordable rental properties.

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.

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.