Cheap Apartments for Rent in Derby, IN from $500 (30 Rentals)

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

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6500 & 6506 Hackel Dr
2 Bedroom Apartments

6500 & 6506 Hackel Dr

6506 Hackel DrLouisville, KY 40258
  • Utilities Included
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6983 Dixie Hwy
2 Bedroom Apartments

6983 Dixie Hwy

6983 Dixie HwyLouisville, KY 40258
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Derby, IN Local Guide

Cheapest Available Derby Apartments for Rent and Nearby

 

The cheapest available apartment rental in Derby, IN is a 1 Bed unit found at Vista Apartments of Radcliffe priced from $700. Roosevelt House I & II Senior Community has the second lowest priced unit, which is a 1 Bed apartment currently listed from $745. Here is today’s list of the most affordable Derby apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Vista Apartments of Radcliffe1 Bdrm1BR,1BA$700
Roosevelt House I & II Senior CommunityRoosevelt House II - Income Based1BR,1BA$745
Legion Park & Heartwood Court ApartmentsLegion 1 Bed1BR,1BA$750
Kingston Square ApartmentsTwo Bedroom2BR,1BA$815
Broadleaf ArmsOne Bedroom One Bathroom1BR,1BA$825
Christopher Square Apartments NEW MANAGEMENT!1 Bed, 1 bath1BR,1BA$825
Woodside Townhomes2 Beds, 1.5 baths2BR,1BA$850
Vineland Carriage Homes ApartmentsSM 2 BDRM2BR,2BA$885
Bayshore TownhomesFirefly2BR,1BA$899
Anderson EstatesTwo Bedroom One Bath2BR,1BA$899

Best Value Apartments for Rent in Derby, IN and Nearby

As of April 17, 2025 the best value apartment in the Derby area is the $1.03 price per square foot Villas of Heritage Springs Apartments Model at Heritage Springs Rentals in the starting from $1,200. The second greatest value Derby apartment is the 3 x 1.5 Pixie C1 Model at Bayshore Townhomes starting at $1,035 with a $0.93 price per square foot in the South Louisville neighborhood. Here is today’s list of the best values for Derby apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Heritage Springs RentalsVillas of Heritage Springs Apartments2BR,2BA$1.03
Bayshore Townhomes3 x 1.5 Pixie C13BR,1.5BA$0.93
Woodside Townhomes2 Beds, 1.5 baths2BR,1.5BA$0.81
Vineland Carriage Homes ApartmentsSM 2 BDRM GAR2BR,2BA$0.94
Anderson EstatesTwo Bedroom One Bath2BR,1BA$0.94
Embassy Townhomes2 Bed, 1.5 Bath2BR,1.5BA$1.00
Broadleaf ArmsOne Bedroom One Bathroom1BR,1BA$1.03
Kingston Square ApartmentsTwo Bedroom2BR,1BA$1.02
Christopher Square Apartments NEW MANAGEMENT!1 Bed, 1 bath1BR,1BA$1.09
Vista Apartments of Radcliffe1 Bdrm1BR,1BA$1.08

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Frequently Asked Questions about Cheap Derby Apartments

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

The lowest price for a Cheap One Bedroom Derby Apartment is $700 at Vista Apartments of Radcliffe.

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

Today's best deal for a Cheap Two Bedroom Apartment in Derby is starting from $815 at Kingston Square Apartments.

What is the most affordable Derby Three Bedroom Apartment?

The best deal on a cheap Derby Three Bedroom Apartment rental is at Bayshore Townhomes and starts from $994.

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.

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Understanding Amenity Fees: Know Where You Might Be Able to Save Money

Written by: Amber Kanuckel

With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.

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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.

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Renting Smart: Lease Basics Every Renter Needs

Written by: Christine Leonard, Esq.

Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.

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Battling the Butts: Your Guide to the Reality of Smoke-Free Renting

Written by: Andrea Lee Negroni, JD

While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.