
Cheap Homes for Rent in Velpen, IN from $900 (7 Rentals)
Search the lowest-cost Homes available for rent right now in Velpen.


4154 Bell Rd

8580 Lincoln Ave

612 S Stormont St

2186 IN-66

1171 E St Clair St

508 E Elm St
Velpen, IN Local Guide

How much does it cost to rent a home in Velpen?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Velpen 2 Bedroom Homes for Rent | $2,029 | $1,055 | $3,500 |
Velpen 3 Bedroom Homes for Rent | $1,767 | $1,295 | $3,200 |
Velpen 4 Bedroom Homes for Rent | $2,500 | $2,500 | $2,500 |
Browse Top Homes for Rent in Velpen
Explore Velpen
Velpen, IN Local Guide
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Cheapest Available Velpen Apartments for Rent and Nearby
 The cheapest available apartment rental in Velpen, IN is a 1 Bed unit found at SPRING VALLEY FLATS in the Lincoln-Bellemeade neighborhood priced from $695. Devonshire Gardens I & II in the Lincoln-Bellemeade neighborhood 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 Velpen apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
SPRING VALLEY FLATS | The Dogwood | 1BR,1BA | $695 |
Devonshire Gardens I & II | II 1 Bed 1 Bath A | 1BR,1BA | $700 |
Ironton at Shoals | 1 Beds, 1 Baths | 1BR,1BA | $700 |
Best Value Apartments for Rent in Velpen, IN and Nearby
As of April 11, 2025 the best value apartment in the Velpen 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 Velpen 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 Velpen apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Circle Point Villas | Prime Living at Its Finest: Luxurious Stand-Alo... | 3BR,2BA | $1.07 |
Apartments@41 | 2BR/2.0BA | 2BR,2BA | $1.09 |
Vail Estates Apartments | Two Bedroom One Bathroom | 2BR,1BA | $1.03 |
North Park | Berkshire | 2BR,1.5BA | $1.05 |
Bryce De Moray | B-1 Bedroom | 1BR,1BA | $0.97 |
Naveen Pine Apartments | 2 Bed 1 Bath | 2BR,1BA | $1.12 |
Abbey Court Apartments | Liverpool | 1BR,1BA | $1.14 |
Shannon Glenn | McConnell | 2BR,1BA | $1.12 |
Ironton at Shoals | 1 Beds, 1 Baths | 1BR,1BA | $1.08 |
Wabash Riverfront Flats | 2 bed 1 Bath | 2BR,1BA | $0.95 |
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Frequently Asked Questions about Velpen
What type of rentals are currently available in Velpen?
There are currently 36 Apartments for Rent in Velpen, IN with pricing that ranges from $541 to $4,399. There are also 30 Single Family Homes for rent, Condos, and Townhome rentals currently available in Velpen ranging from $915 to $3,500.
What is the current price range for Rental Homes in Velpen?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Velpen ranges from $915 to $3,500 with an average monthly rent of $1,829.
How much are larger Three and Four Bedroom Rentals in Velpen?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Velpen range from $793 to $2,457, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,295 to $3,200. 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.

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.

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.

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.

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.