Cheap Apartments for Rent near Vernon, IN from $595 (46 Rentals)

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

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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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.

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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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Water's Edge
1 to 3 Bedroom Apartments

Water's Edge

20 Red Oak WayAustin, IN 47102
  • Utilities Included
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281 E Main St
1 Bedroom Apartments

281 E Main St

281 E Main StHanover, IN 47243
  • Utilities Included
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Oak Meadow Apartments
2 to 3 Bedroom Apartments

Oak Meadow Apartments

1450 Oak Meadow DrNorth Vernon, IN 47265
  • Utilities Included
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Applegate
Studio to 2 Bedroom Apartments

Applegate

2230 Applegate DrColumbus, IN 47203
Corporate Housing

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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125 E Main St
1 Bedroom Apartments

125 E Main St

125 E Main StGreensburg, IN 47240
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Arbor at Water's Edge
1 to 4 Bedroom Apartments

Arbor at Water's Edge

4060 N 150 WColumbus, IN 47201
  • Utilities Included

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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Highland Glen
1 to 3 Bedroom Apartments

Highland Glen

725 S Mansfield DrScottsburg, IN 47170
Showing Results 1-46, Page 1 of 1

Vernon, IN Local Guide

Cheapest Available Vernon Apartments for Rent and Nearby

 

The cheapest available apartment rental in Vernon, IN is a 4 Beds unit found at The Annex of Columbus priced from $640. Stonebrook of Scottsburg has the second lowest priced unit, which is a 1 Bed apartment currently listed from $699. Here is today’s list of the most affordable Vernon apartments for rent:

Apartment ListingModel NameBed/BathPriced From
The Annex of Columbus4 Bed 2 Bath4BR,2BA$640
Stonebrook of Scottsburg1 Bedroom1BR,1BA$699
217 Hooton Blvd1 Bedroom, 1 Bathroom1BR,1BA$800
Bloomfield ApartmentsOne Bedroom1BR,1BA$805
Williamsburg WayThe Winchester1BR,1BA$850
701-709 Etzler Dr2 Bedroom2BR,1BA$900
Residences on Carr HillS3 VenturiStudio,1BA$1,029
Burkart Crossing ApartmentsCortland1BR,1BA$1,032
Parkview Townhomes1 Bed 1 Baths1BR,1BA$1,050
Renaissance Park ApartmentsTwo Bedroom Two Bathroom2BR,2BA$1,095

Best Value Apartments for Rent in Vernon, IN and Nearby

As of September 15, 2026 the best value apartment in the Vernon area is the $0.97 price per square foot E Model at Water's Edge in the starting from $1,150. The second greatest value Vernon apartment is the 2 BEDROOM 2 BATHROOM NEW CONSTRUCTION Model at Parkside Trace Apartments starting at $1,269 with a $1.14 price per square foot in the Outer Southern Indiana Clark County neighborhood. Here is today’s list of the best values for Vernon apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Water's EdgeE3BR,2BA$0.97
Parkside Trace Apartments2 BEDROOM 2 BATHROOM NEW CONSTRUCTION2BR,2BA$1.14
Arbor at Water's Edge2BR Downstairs2BR,2BA$1.25
Renaissance Park ApartmentsADA Two Bedroom Two Bathroom2BR,2BA$1.18
701-709 Etzler Dr2 Bedroom2BR,1BA$1.00
217 Hooton Blvd1 Bedroom, 1 Bathroom1BR,1BA$1.05
The Annex of Columbus2 Bed 2 Bath2BR,2BA$1.12
Williamsburg WayThe Winchester1BR,1BA$1.28
Stonebrook of Scottsburg1 Bedroom1BR,1BA$1.08
Bloomfield ApartmentsOne Bedroom1BR,1BA$1.25

Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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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.

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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Vernon, IN Rentals by Map

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Frequently Asked Questions about Cheap Vernon Apartments

How much is rent for a Cheap One Bedroom Vernon Apartment?

The lowest price for a Cheap One Bedroom Vernon Apartment is $699 at Stonebrook of Scottsburg.

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

Today's best deal for a Cheap Two Bedroom Apartment in Vernon is starting from $775 at The Annex of Columbus.

What is the most affordable Vernon Three Bedroom Apartment?

The best deal on a cheap Vernon Three Bedroom Apartment rental is at Water's Edge and starts from $1,150.

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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Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!

Written by: Robin Stewart

Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

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Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

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First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.