Cheap Apartments for Rent in Evansville, IL from $500 (24 Rentals)

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Cheap Apartments in Evansville.

Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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Pevely Pointe
1 to 3 Bedroom Apartments

Pevely Pointe

1001 Pevely Pointe DrPevely, MO 63070
  • Utilities Included

Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.

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Southfield Apartments
1 to 2 Bedroom Apartments

Southfield Apartments

5549 Southfield DrSt. Louis, MO 63129
  • Utilities Included
Showing Results 1-24, Page 1 of 1

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 May 08, 2025 the best value apartment in the Evansville area is the $1.16 price per square foot Hayden B1 Model at Storyboard on Hayden in the in the Timberbrook neighborhood starting from $1,450. The second greatest value Evansville apartment is the 2BR/1.5BA Model at Reside Here Apartments & Rentals starting at $1,250 with a $1.14 price per square foot in the Willow Walk 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.
Storyboard on HaydenHayden B12BR,2.5BA$1.16
Reside Here Apartments & Rentals2BR/1.5BA2BR,1.5BA$1.14
Northbrooke CommonsB22BR,2BA$1.36
215 anderson lane A2 BR / 1 BA2BR,1BA$1.07
Townhomes on Luan Drive2BR2BR,1.5BA$1.35
Lakewood Apartments2A2BR,2BA$1.24
Richardson Place ApartmentsD STYLE-2 BEDROOM2BR,1BA$1.36
Oaks Of Dutch Hollow1BR/1BA1BR,1BA$1.35
Heisel Apartments & Townhouses1BR Apartments1BR,1BA$1.04
Bouse Apartment Homes1 Bedroom 1 Bath1BR,1BA$1.36

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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

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.

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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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

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Navigating the Rental Market: Tips for First-Time Renters

Written by: Sandy Baker

Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.

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Rise of Digital Nomads: Remote Work Tips for Apartment Renters

Written by: Brandie Parton

As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.

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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.