Cheap Apartments for Rent in Evansville, IL from $500 (22 Rentals)

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Pevely Pointe
1 to 3 Bedroom Apartments

Pevely Pointe

1001 Pevely Pointe DrPevely, MO 63070
Utilities inc.
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Southfield Apartments
1 to 2 Bedroom Apartments

Southfield Apartments

5549 Southfield DrSt. Louis, MO 63129
Utilities inc.
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Evansville, IL Local Guide

Cheapest Available Evansville Apartments for Rent and Nearby

 

The cheapest available apartment rental in Evansville, IL is a Studio unit found at Perryville Senior Apartments priced from $575. Heisel Apartments & Townhouses has the second lowest priced unit, which is a 1 Bed apartment currently listed from $675. Here is today’s list of the most affordable Evansville apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Perryville Senior ApartmentsEfficiencyStudio,1BA$575
Heisel Apartments & Townhouses1BR Apartments1BR,1BA$675
24 North Rentals1 Bedroom Apartment- Miller Apartments1BR,1BA$700
215 anderson lane A1 BR / 1 BA1BR,1BA$825
Bouse Apartment Homes1 Bedroom 1 Bath1BR,1BA$845

Best Value Apartments for Rent in Evansville, IL and Nearby

As of February 22, 2025 the best value apartment in the Evansville area is the $1.09 price per square foot 2BR/1.5BA Model at Reside Here Apartments & Rentals in the in the Willow Walk neighborhood starting from $1,195. The second greatest value Evansville apartment is the B2 Model at Northbrooke Commons starting at $1,414 with a $1.35 price per square foot in the Timberbrook neighborhood. Here is today’s list of the best values for Evansville apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Reside Here Apartments & Rentals2BR/1.5BA2BR,1.5BA$1.09
Northbrooke CommonsB22BR,2BA$1.35
215 anderson lane A2 BR / 1 BA2BR,1BA$1.07
Storyboard on RockwoodRockwood B22BR,1.5BA$1.20
Lakewood Apartments2A2BR,2BA$1.24
Green Door ApartmentsLimited Time Only $9001BR,1BA$1.29
Black Forest ApartmentsOne Bedroom1BR,1BA$1.33
Oaks Of Dutch Hollow1BR/1BA1BR,1BA$1.35
Heisel Apartments & Townhouses1BR Apartments1BR,1BA$1.04
24 North Rentals1 Bedroom Apartment- Miller Apartments1BR,1BA$1.35

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

Explore Evansville, IL Rentals by Map

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See the most popular apartments and homes in Evansville, IL

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Getting Around Evansville, IL

Walk Score®

31 / 100

Car-Dependent

Most errands require a car

Bike Score®

25 / 100

Somewhat Bikeable

Minimal bike infrastructure

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

Frequently Asked Questions about Cheap Evansville Apartments

What is the Cheapest Studio apartment in Evansville?

Currently the most affordable Cheap Studio Apartment in Evansville is at Perryville Senior Apartments listed at $575.

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

The lowest price for a Cheap One Bedroom Evansville Apartment is $675 at Heisel Apartments & Townhouses.

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

Today's best deal for a Cheap Two Bedroom Apartment in Evansville is starting from $775 at Heisel Apartments & Townhouses.

What is the most affordable Evansville Three Bedroom Apartment?

The best deal on a cheap Evansville Three Bedroom Apartment rental is at Lakewood Apartments and starts from $1,300.

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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What to Know About Fees and Fines When Renting

Written by: Trey Huguley

When it comes to renting a new apartment or home there can be a number of fees that you will want to keep in mind going into the process.

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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.

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Signing Your Apartment Lease: The Basics

Written by: Trey Huguley

When you're about to sign a lease for the first time, it can feel a bit overwhelming. You don’t want to miss any important details hidden in the fine print.