Cheap Apartments for Rent in Vernon, IN from $300 (26 Rentals)

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

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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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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property at 202 E Taylor St

$525 - $645

1 Bedroom Rentals

Available Now

202 E Taylor St

ShelbyvilleIN46176
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Water's Edge
1 to 3 Bedroom Apartments

Water's Edge

20 Red Oak WayAustin, IN 47102
  • Utilities Included

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

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.

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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

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.

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125 E Main St
1 Bedroom Apartments

125 E Main St

125 E Main StGreensburg, IN 47240
  • Smoke Free
Showing Results 1-26, 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 1 Bed unit found at Stonebrook of Scottsburg priced from $699. The Annex of Columbus has the second lowest priced unit, which is a 2 Beds apartment currently listed from $715. Here is today’s list of the most affordable Vernon apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Stonebrook of ScottsburgOne Bedroom, One Bath, 650 Sq Ft1BR,1BA$699
The Annex of Columbus2 Bed 2 Bath2BR,2BA$715
217 Hooton Blvd1 Bedroom, 1 Bathroom1BR,1BA$800
Bloomfield ApartmentsOne Bedroom1BR,1BA$805
ApplegateStudioStudio,1BA$859
Tracks at Seymour1 Bedroom, 1 Bath, 743 Sq Ft1BR,1BA$904
Briarwood of ColumbusOne Bedroom Apartment1BR,1BA$978
Parkside Trace Apartments1 BEDROOM 1 BATHROOM NEW CONSTRUCTION1BR,1BA$1,050
Charleston Square Apartments2 Bed 1 Baths2BR,1BA$1,100
Depot Square FlatsMitchell, Unit F1BR,1BA$1,100

Best Value Apartments for Rent in Vernon, IN and Nearby

As of June 16, 2026 the best value apartment in the Vernon area is the $1.20 price per square foot 4BR Downstairs Model at Arbor at Water's Edge in the in the Downtown Columbus IN neighborhood starting from $1,640. The second greatest value Vernon apartment is the Two Bedroom Two Bath Model at Stonegate starting at $1,299 with a $1.20 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 Downstairs4BR,2BA$1.20
StonegateTwo Bedroom Two Bath2BR,2BA$1.20
Townhomes at 28thTwo Bedroom One Bath2BR,1BA$1.18
Renaissance Park ApartmentsNew Construction Two Bedroom Two Bathroom2BR,2BA$1.22
Parkside Trace Apartments1 BEDROOM 1 BATHROOM NEW CONSTRUCTION1BR,1BA$1.24
Tracks at Seymour2 Bedroom, 1 Bath, 840 Sq Ft2BR,1BA$1.22
217 Hooton Blvd1 Bedroom, 1 Bathroom1BR,1BA$1.05
The Annex of Columbus2 Bed 2 Bath2BR,2BA$1.03
Stonebrook of ScottsburgOne Bedroom, One Bath, 650 Sq Ft1BR,1BA$1.15
Mason Manor Apartments31BR,1BA$1.08

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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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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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.

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

Explore Vernon, IN Rentals by Map

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See the most popular apartments and homes in Vernon, IN

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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 $715 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 $1,305.

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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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.

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Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

decorative image for Neighborhood and Market Insights: How to Choose the Right Area to Rent article

Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.