Cheap Apartments for Rent in Evanston, IN from $500 (19 Rentals)

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

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Fairmont Apartments
1 to 2 Bedroom Apartments

Fairmont Apartments

4982-4984 Tippecanoe DrEvansville, IN 47715
  • Utilities Included
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Eastland Apartments
1 to 2 Bedroom Apartments

Eastland Apartments

5308 Eden DrEvansville, IN 47715
  • Utilities Included
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Evanston, IN Local Guide

Cheapest Available Evanston Apartments for Rent and Nearby

 

The cheapest available apartment rental in Evanston, IN is a 1 Bed unit found at SPRING VALLEY FLATS in the Lincoln-Bellemeade neighborhood priced from $695. 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 Evanston apartments for rent:

Apartment ListingModel NameBed/BathPriced From
SPRING VALLEY FLATSThe Dogwood1BR,1BA$695
Roosevelt House I & II Senior CommunityRoosevelt House II - Income Based1BR,1BA$745
Legion Park & Heartwood Court ApartmentsLegion 1 Bed1BR,1BA$750
The Timbers ApartmentsThe Oak 1 BR 1 BA1BR,1BA$777
Kingston Square ApartmentsTwo Bedroom2BR,1BA$815

Best Value Apartments for Rent in Evanston, IN and Nearby

As of April 18, 2025 the best value apartment in the Evanston area is the $1.16 price per square foot Madison Model at Warrick Trail Apartments in the in the East Evansville neighborhood starting from $1,518. The second greatest value Evanston apartment is the The Chestnut Model at Indian Woods starting at $1,354 with a $1.12 price per square foot in the Lincoln-Bellemeade neighborhood. Here is today’s list of the best values for Evanston apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Warrick Trail ApartmentsMadison2BR,2BA$1.16
Indian WoodsThe Chestnut3BR,2BA$1.12
Bluegrass VillasCarter2BR,2BA$1.19
East Meadows Apartment HomesEast Meadows - 2/2 - 2nd Floor (promo)2BR,2BA$1.22
River ClubDelaware II2BR,1BA$1.24
Abbey Court ApartmentsNottingham2BR,1BA$0.88
Bell Pointe ApartmentsOne Bedroom1BR,1BA$1.28
Westcott Apartments1 Bedroom1BR,1BA$1.22
Kingston Square ApartmentsTwo Bedroom2BR,1BA$1.02
Legion Park & Heartwood Court ApartmentsLegion 1 Bed1BR,1BA$1.25

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Frequently Asked Questions about Cheap Evanston Apartments

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

The lowest price for a Cheap One Bedroom Evanston Apartment is $695 at SPRING VALLEY FLATS.

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

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

What is the most affordable Evanston Three Bedroom Apartment?

The best deal on a cheap Evanston Three Bedroom Apartment rental is at Westcott Apartments and starts from $1,350.

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.