Cheap Apartments for Rent in Vanderburgh County, IN from $400 (96 Rentals)

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

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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When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

property at 101 SE 2nd St

$775 - $850

1 Bedroom Rentals

Available Now

101 SE 2nd St

EvansvilleIN47708

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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 SPRING VALLEY FLATS in the Oakhill neighborhood priced from $599. Lakewood Flats and Townhomes in the Howell neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $670. Here is today’s list of the most affordable Vanderburgh County apartments for rent:

Apartment ListingModel NameBed/BathPriced From
SPRING VALLEY FLATSThe Redbud1BR,1BA$599
Lakewood Flats and Townhomes2 small wd2BR,1BA$670
Shady Tree ApartmentsThe AshStudio,1BA$675
Devonshire Gardens I & IIII 1 Bed 1 Bath A1BR,1BA$675
Embassy Apartments0.1Studio,1BA$685
Princeton Court1 Bed 1 Bath1BR,1BA$700
WedgewoodTwo Bedroom2BR,1BA$715
Valoré at Hidden HillsThe Pine - One Bedroom Apartment Home1BR,1BA$725
Heathmoore - Evansville1 Bed 1 Bath1BR,1BA$740
Addison PlaceWindsor1BR,1BA$750

Best Value Apartments for Rent in Vanderburgh County, IN

As of December 23, 2025 the best value apartment in the Vanderburgh County area is the $1.12 price per square foot The Homestead Model at The Reserve Apartments and Townhomes in the in the Lant Manor neighborhood starting from $1,834. The second greatest value Vanderburgh County apartment is the 3BR/2.0BA Model at Sunset Tower starting at $1,600 with a $1.03 price per square foot in the ACT neighborhood. Here is today’s list of the best values for Vanderburgh County apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The Reserve Apartments and TownhomesThe Homestead3BR,2.5BA$1.12
Sunset Tower3BR/2.0BA3BR,2BA$1.03
Eagle Village - Historical Access4BR/2BA - Furnished4BR,2BA$0.47
WedgewoodTwo Bedroom2BR,1.5BA$0.60
Hornbrook Estates ApartmentsTwo Bedroom One Bathroom2BR,1BA$1.17
The Brickyard ApartmentsKeystone1BR,1BA$1.16
Mission Viejo VillasB- Barcelona1BR,1BA$1.16
North ParkMcCallister1BR,1BA$1.10
Abbey Court ApartmentsCambridge1BR,1BA$1.13
Addison PlaceWindsor1BR,1BA$1.14

Frequently Asked Questions about Cheap Vanderburgh County Apartments

What is the Cheapest Studio apartment in Vanderburgh County?

Currently the most affordable Cheap Studio Apartment in Vanderburgh County is at Shady Tree Apartments listed at $675.

How much is rent for a Cheap One Bedroom Vanderburgh County Apartment?

The lowest price for a Cheap One Bedroom Vanderburgh County Apartment is $599 at SPRING VALLEY FLATS.

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

Today's best deal for a Cheap Two Bedroom Apartment in Vanderburgh County is starting from $670 at Lakewood Flats and Townhomes.

What is the most affordable Vanderburgh County Three Bedroom Apartment?

The best deal on a cheap Vanderburgh County Three Bedroom Apartment rental is at Dalehaven Estates and starts from $1,177.

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

decorative image for Renting with Roommates: Realistic Expectations for Shared Lease article

Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

decorative image for Apartment Common Area Rules: What Renters Need to Know article

Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

decorative image for How to Negotiate Your Apartment Lease and Save Money article

How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

decorative image for The Rental Move-In Inspection Checklist: A Guide for Renters article

The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.