Cheap Apartments for Rent in Vanderburgh County, IN from $400 (101 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.

property at 931 SE 8th St

$750 - $1,000

1 Bedroom Rentals

Available Now

931 SE 8th St

EvansvilleIN47713
property at 307 SE 2nd St

$750

1 Bedroom Rentals

Available Now

307 SE 2nd St

EvansvilleIN47713

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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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Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

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.

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.

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. Sontra Evansville Apartments in the Lincoln-Bellemeade neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $630. 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
Sontra Evansville Apartments0BR/1.0BAStudio,1BA$630
Valoré at Hidden HillsThe Dogwood - One Bedroom Apartment Home1BR,1BA$675
Embassy Apartments0.1Studio,1BA$690
Shannon GlennMcConnell2BR,1BA$710
Bradford Pointe ApartmentsINBFP 2x1 675sqft - Classic2BR,1BA$725
Shady Tree ApartmentsThe AshStudio,1BA$735
Terra Trace Apartments1x1-Q-6371BR,1BA$749
WedgewoodTwo Bedroom2BR,1BA$750
Devonshire Gardens I & IIII 1 Bed 1 Bath B1BR,1BA$770

Best Value Apartments for Rent in Vanderburgh County, IN

As of June 26, 2026 the best value apartment in the Vanderburgh County area is the $1.15 price per square foot 3 Bed, 2 Bath Model at The Westcott in the in the Fielding Court neighborhood starting from $1,499. The second greatest value Vanderburgh County apartment is the 2bed2bath Model at 1210 Char Lee Dr starting at $1,280 with a $1.02 price per square foot in the Howell 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 Westcott3 Bed, 2 Bath3BR,2BA$1.15
1210 Char Lee Dr2bed2bath2BR,2BA$1.02
Eagle Village - Historical Access4BR/2BA - Furnished4BR,2BA$0.47
WedgewoodTwo Bedroom2BR,1.5BA$0.63
Indian WoodsThe Oak2BR,1BA$0.95
River ClubColumbia - Renovated1BR,1BA$1.14
Addison PlaceSt Charles2BR,1BA$1.15
North ParkMcCallister1BR,1BA$1.10
Abbey Court ApartmentsCambridge1BR,1BA$1.13
Devonshire Gardens I & IIII 1 Bed 1 Bath B1BR,1BA$1.15

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 $770.

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 $1,409.

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 17 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 $295 which is $1,114 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

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

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.

decorative image for Apartment Occupancy Rates: Renter Attraction vs Renter Retention   article

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.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.