Cheap Apartments for Rent near Vernon, IN from $300 (35 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
Lifestyle Matching SearchDone
Learn more about Lifestyle Search
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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.

Read Article

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.

Read Article
property at 202 E Taylor St

$525 - $645

1 Bedroom Rentals

Available Now

202 E Taylor St

ShelbyvilleIN46176

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.

Read Article
close
View Me
Water's Edge
1 to 3 Bedroom Apartments

Water's Edge

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

281 E Main St

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

Oak Meadow Apartments

1450 Oak Meadow DrNorth Vernon, IN 47265
  • Utilities Included
close
View Me
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.

Read Article
close
View Me
125 E Main St
1 Bedroom Apartments

125 E Main St

125 E Main StGreensburg, IN 47240
  • Smoke Free
close
View Me
Arbor at Water's Edge
1 to 4 Bedroom Apartments

Arbor at Water's Edge

4060 N 150 WColumbus, IN 47201
  • Utilities Included
Showing Results 1-35, 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 2 Beds unit found at The Annex of Columbus priced from $725. 217 Hooton Blvd has the second lowest priced unit, which is a 1 Bed apartment currently listed from $800. Here is today’s list of the most affordable Vernon apartments for rent:

Apartment ListingModel NameBed/BathPriced From
The Annex of Columbus2 Bed 2 Bath2BR,2BA$725
217 Hooton Blvd1 Bedroom, 1 Bathroom1BR,1BA$800
Bloomfield ApartmentsOne Bedroom1BR,1BA$805
Williamsburg WayThe Richmond2BR,1BA$899
Parkside Trace Apartments1 BEDROOM 1 BATHROOM NEW CONSTRUCTION1BR,1BA$1,050
Renaissance Park ApartmentsTwo Bedroom Two Bathroom2BR,2BA$1,095
Forest Edge ApartmentsThe Elm III1BR,1BA$1,095
Depot Square FlatsMitchell, Unit F1BR,1BA$1,100
Tracks at Seymour2 Bedroom Talladega2BR,1BA$1,125
Quail Run1 Bedroom1BR,1BA$1,150

Best Value Apartments for Rent in Vernon, IN and Nearby

As of July 31, 2026 the best value apartment in the Vernon area is the $1.01 price per square foot 4BR Upstairs Model at Arbor at Water's Edge in the starting from $1,460. The second greatest value Vernon apartment is the Three Bedroom One Bath Model at Townhomes at 28th starting at $1,355 with a $1.12 price per square foot in the Downtown Columbus IN 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.
Arbor at Water's Edge4BR Upstairs4BR,2BA$1.01
Townhomes at 28thThree Bedroom One Bath3BR,1BA$1.12
Monarch CrossingThe Admiral2BR,2BA$1.36
Briarwood of ColumbusTwo Bedroom Townhome2BR,1.5BA$1.38
Renaissance Park ApartmentsNew Construction Two Bedroom Two Bathroom2BR,2BA$1.18
Parkside Trace Apartments1 BEDROOM 1 BATHROOM NEW CONSTRUCTION1BR,1BA$1.24
Tracks at Seymour2 Bedroom Talladega2BR,1BA$1.34
217 Hooton Blvd1 Bedroom, 1 Bathroom1BR,1BA$1.05
The Annex of Columbus2 Bed 2 Bath2BR,2BA$1.05
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.

Read Article
Decorative image

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.

Read Article
Decorative image

Quick Rent Budget Calculator

How much rent can you afford?

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.

decorative image of people with a giant lease agreement

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

Explore Vernon, IN Rentals by Map

Decorative image of map

See the most popular apartments and homes in Vernon, IN

View Map
Vernon, IN Apartments Map
View Map
Vernon, IN Rental Homes Map

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 $800 at 217 Hooton Blvd.

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 $725 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 Townhomes at 28th and starts from $1,355.

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

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.

decorative image for First Apartment Regrets: Real Renters Share What They'd Do Differently article

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.

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.