Cheap Apartments for Rent in Vanderburgh County, IN from $400 (92 Rentals)

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

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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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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Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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. Anchor Court in the Howell 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 Vanderburgh County apartments for rent:

Apartment ListingModel NameBed/BathPriced From
SPRING VALLEY FLATSThe Redbud1BR,1BA$599
Anchor Court1BR/1.0BA1BR,1BA$625
Sontra Evansville Apartments0BR/1.0BAStudio,1BA$630
Valoré at Hidden HillsThe Dogwood - One Bedroom Apartment Home1BR,1BA$675
Embassy Apartments0.1Studio,1BA$685
Heathmoore - Evansville1 Bed 1 Bath1BR,1BA$700
Shannon GlennMcConnell2BR,1BA$710
Shady Tree ApartmentsThe Elm1BR,1BA$745
Lakewood Flats and Townhomes1sm wd1BR,1BA$765

Best Value Apartments for Rent in Vanderburgh County, IN

As of May 12, 2026 the best value apartment in the Vanderburgh County area is the $0.47 price per square foot 4BR/2BA - Furnished Model at Eagle Village - Historical Access in the in the Evansville West Side neighborhood starting from $565. The second greatest value Vanderburgh County apartment is the 2BR/1.0BA Model at Ross Center Village starting at $975 with a $0.85 price per square foot in the Lincoln-Bellemeade 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.
Eagle Village - Historical Access4BR/2BA - Furnished4BR,2BA$0.47
Ross Center Village2BR/1.0BA2BR,1BA$0.85
Hornbrook Estates ApartmentsTwo Bedroom One Bathroom2BR,1BA$0.93
Indian WoodsThe Oak2BR,1BA$0.95
North ParkBerkshire2BR,1.5BA$1.12
Princeton Court2 Bed 1 Bath2BR,1BA$1.03
Mission Viejo VillasB- Barcelona1BR,1BA$1.16
Shannon GlennMcConnell2BR,1BA$0.89
Abbey Court ApartmentsCambridge1BR,1BA$1.13
2766 Forest Ave, Unit 2766 Forest Ave.2766 Forest Ave1BR,1BA$1.12

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 $765.

What is the price of a cheap apartment in Vanderburgh County?

The cheapest apartment in Vanderburgh County is SPRING VALLEY FLATS which is listed at $599, while the average apartment in Vanderburgh County costs $1,450.

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 23 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 $258 which is $1,192 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

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This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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