Cheap Apartments for Rent in Vanderburgh County, IN from $400 (88 Rentals)

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

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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.

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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. Valoré at Hidden Hills in the Outer Central North neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $650. 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
Valoré at Hidden HillsThe Dogwood - One Bedroom Apartment Home1BR,1BA$650
Lakewood Flats and Townhomes2 small wd2BR,1BA$670
Embassy Apartments0.1Studio,1BA$685
Heathmoore - Evansville1 Bed 1 Bath1BR,1BA$700
Princeton Court1 Bed 1 Bath1BR,1BA$710
Shady Tree ApartmentsThe Elm1BR,1BA$745
Shannon GlennDublin1BR,1BA$757
Foxfire West Apartments1.11BR,1BA$785
Addison PlaceWindsor1BR,1BA$799

Best Value Apartments for Rent in Vanderburgh County, IN

As of February 07, 2026 the best value apartment in the Vanderburgh County area is the $1.03 price per square foot 3BR/2.0BA Model at Sunset Tower in the in the ACT neighborhood starting from $1,600. The second greatest value Vanderburgh County apartment is the 1 Bedroom, 2 Bathrooms Model at Nabisco Building starting at $1,449 with a $1.11 price per square foot in the STAR 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.
Sunset Tower3BR/2.0BA3BR,2BA$1.03
Nabisco Building1 Bedroom, 2 Bathrooms1BR,2BA$1.11
WedgewoodTwo Bedroom2BR,1.5BA$0.71
Eagle Village - Historical Access4BR/2BA - Furnished4BR,2BA$0.47
Devonshire Gardens I & II2 Bed 2 Bath A2BR,2BA$1.01
Hornbrook Estates ApartmentsTwo Bedroom One Bathroom2BR,1BA$1.17
Mission Viejo VillasB- Barcelona1BR,1BA$1.16
Shannon GlennDublin1BR,1BA$1.01
North ParkMcCallister1BR,1BA$1.10
Abbey Court ApartmentsCambridge1BR,1BA$1.13

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 $799.

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 $1,410.

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 22 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 $626 which is $784 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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Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

decorative image for A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment article

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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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.