Cheap Homes for Rent in Petersburg, IN from $600 (6 Rentals)

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Petersburg, IN Local Guide

Cheapest Available Petersburg Apartments for Rent and Nearby

 

The cheapest available apartment rental in Petersburg, IN is a Studio unit found at Southern Meadows priced from $625. Ironton at Shoals has the second lowest priced unit, which is a 1 Bed apartment currently listed from $700. Here is today’s list of the most affordable Petersburg apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Southern MeadowsStudioStudio,1BA$625
Ironton at Shoals1 Beds, 1 Baths1BR,1BA$700
SPRING VALLEY FLATSThe Flowering Redbud1BR,1BA$725

Best Value Apartments for Rent in Petersburg, IN and Nearby

As of March 25, 2025 the best value apartment in the Petersburg 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 Petersburg apartment is the 2BR/2.0BA Model at Apartments@41 starting at $1,400 with a $1.09 price per square foot in the Jacobsville neighborhood. Here is today’s list of the best values for Petersburg apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Circle Point VillasPrime Living at Its Finest: Luxurious Stand-Alo...3BR,2BA$1.07
Apartments@412BR/2.0BA2BR,2BA$1.09
Baldwin Heights3 Bedroom3BR,2BA$1.23
Vail Estates ApartmentsTwo Bedroom One Bathroom2BR,1BA$1.01
North ParkBerkshire2BR,1.5BA$1.05
Westcott Apartments1 Bedroom1BR,1BA$1.22
Shannon GlennMcConnell2BR,1BA$1.12
Brooklyn PlaceAshford1BR,1BA$1.22
Ironton at Shoals1 Beds, 1 Baths1BR,1BA$1.08
Wabash Riverfront Flats2 bed 1 Bath2BR,1BA$0.95

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Frequently Asked Questions about Petersburg

What type of rentals are currently available in Petersburg?

There are currently 36 Apartments for Rent in Petersburg, IN with pricing that ranges from $541 to $4,399. There are also 39 Single Family Homes for rent, Condos, and Townhome rentals currently available in Petersburg ranging from $650 to $3,500.

What is the current price range for Rental Homes in Petersburg?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Petersburg ranges from $650 to $3,500 with an average monthly rent of $1,821.

How much are larger Three and Four Bedroom Rentals in Petersburg?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Petersburg range from $793 to $2,214, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,195 to $3,500. Four Bedroom Single-Family rentals are also available starting from $2,500 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.

decorative image for Understanding Amenity Fees: Know Where You Might Be Able to Save Money article

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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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.

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How Your Move-In Inspection Can Protect Your Security Deposit

Written by: Christine Leonard, Esq.

If you’re anything like most people, housing costs represent a huge chunk of your monthly budget. On top of that, moving can be both a stressful and expensive affair.