
Cheap Homes for Rent in Velpen, IN from $700 (6 Rentals)
Cheap Homes in Velpen.


409 N 9th St

4152 Bell Rd
Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

4154 Bell Rd

803 N Race St

8580 Lincoln Ave
Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.
Velpen, IN Local Guide

How much does it cost to rent a home in Velpen?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Velpen 2 Bedroom Homes for Rent | $1,915 | $795 | $3,500 |
Velpen 3 Bedroom Homes for Rent | $1,914 | $1,270 | $3,000 |
Velpen 4 Bedroom Homes for Rent | $2,465 | $1,900 | $2,995 |
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Velpen, IN Local Guide
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Cheapest Available Velpen Apartments for Rent and Nearby
 The cheapest available apartment rental in Velpen, IN is a 1 Bed unit found at SPRING VALLEY FLATS in the Lincoln-Bellemeade neighborhood priced from $695. Devonshire Gardens I & II in the Lincoln-Bellemeade neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $775. Here is today’s list of the most affordable Velpen apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
SPRING VALLEY FLATS | Castlewood 1 Bedroom | 1BR,1BA | $695 |
Devonshire Gardens I & II | II 1 Bed 1 Bath B | 1BR,1BA | $775 |
Meadowood | One Bedroom | 1BR,1BA | $800 |
Best Value Apartments for Rent in Velpen, IN and Nearby
As of May 07, 2025 the best value apartment in the Velpen area is the $1.07 price per square foot Prime Living at Its Finest: Luxurious Stand-Alo... Model at Circle Point Villas in the starting from $1,650. The second greatest value Velpen apartment is the Madison Model at Warrick Trail Apartments starting at $1,536 with a $1.17 price per square foot in the East Evansville neighborhood. Here is today’s list of the best values for Velpen apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Circle Point Villas | Prime Living at Its Finest: Luxurious Stand-Alo... | 3BR,2BA | $1.07 |
Warrick Trail Apartments | Madison | 2BR,2BA | $1.17 |
River Club | Delaware II | 2BR,1BA | $1.24 |
Apartments@41 | 1BR/1.0BA | 1BR,1BA | $1.16 |
Abbey Court Apartments | Nottingham | 2BR,1BA | $1.12 |
Bryce De Moray | B-1 Bedroom | 1BR,1BA | $0.97 |
Naveen Pine Apartments | Cozy Two Bedroom Apartment Home | 2BR,1BA | $1.12 |
Westcott Apartments | 1 Bedroom | 1BR,1BA | $1.22 |
Devonshire Gardens I & II | II 1 Bed 1 Bath C | 1BR,1BA | $1.16 |
Wabash Riverfront Flats | 2 bed 1 Bath | 2BR,1BA | $0.95 |
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Frequently Asked Questions about Velpen
What type of rentals are currently available in Velpen?
There are currently 36 Apartments for Rent in Velpen, IN with pricing that ranges from $531 to $4,399. There are also 38 Single Family Homes for rent, Condos, and Townhome rentals currently available in Velpen ranging from $795 to $3,500.
What is the current price range for Rental Homes in Velpen?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Velpen ranges from $795 to $3,500 with an average monthly rent of $1,828.
How much are larger Three and Four Bedroom Rentals in Velpen?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Velpen range from $728 to $2,471, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,270 to $3,000. Four Bedroom Single-Family rentals are also available starting from $1,900 and Four Bedroom Apartments start at $1,500.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
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.

The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

Navigating the Rental Market: Tips for First-Time Renters
Written by: Sandy Baker
Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.

Rise of Digital Nomads: Remote Work Tips for Apartment Renters
Written by: Brandie Parton
As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.

Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Written by: Christine Leonard, Esq.
Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.