
Cheap Apartments for Rent in Evansville, IN from $300 (65 Rentals)
Search the lowest-cost Apartments available for rent right now in Evansville.


Fielding Court

Embassy Apartments

921 N Main St

1635 S Green River Rd, Unit 1635

1800 N 6th Ave

Lakewood Flats

706 Court St

SPRING VALLEY FLATS

1213 Lodge Ave
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.

Naveen Pine Townhomes

1165 1167-1167 S Lombard Ave

101 SE 2nd St

Foxfire West Apartments

2108 Haven Dr, Unit 2108 Haven Drive

Western Hills Apartments

Devonshire Gardens I & II

The Forge on Main

1250 S Weinbach Ave, Unit 1168

Village Green

Sugar Mill Creek

Abbey Court Apartments

Copper Creek Townhomes

1218-1220 S Roosevelt Dr

Mission Viejo Villas

800 SE 2nd St

1014-1016 Negley Ave

Woodbridge Place
Evansville, IN Local Guide

How much does it cost to rent an apartment in Evansville?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Cheap Evansville Studio Apartments | $1,318 | $541 | $2,099 |
Cheap Evansville 1 Bedroom Apartments | $1,051 | $574 | $2,259 |
Cheap Evansville 2 Bedroom Apartments | $1,254 | $697 | $4,399 |
Cheap Evansville 3 Bedroom Apartments | $1,438 | $793 | $2,479 |
Cheap Evansville 4 Bedroom Apartments | $1,622 | $1,500 | $1,799 |
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Evansville, IN Local Guide

- Evansville Neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Neighborhoods for Apartments in Evansville, IN
Pricing Updated: 04/29/2025Current apartment rentals in the Evansville, IN area range in price from $541 to $4,399 with an overall median price of $1,660. The three Evansville neighborhoods with the lowest median rent pricing are Jeannette at $541, Hoosier Cullen at $541, and Lant Manor at $541. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Evansville Apartments for rent:
Neighborhood | Median Price | Min Price | Available Units |
---|---|---|---|
Jeannette | $1,140 | $541 | 46 |
Hoosier Cullen | $1,455 | $541 | 86 |
Lant Manor | $1,455 | $541 | 81 |
Rolling Greens | $1,455 | $541 | 86 |
Fielding Court | $1,500 | $541 | 96 |
Iroquois Gardens | $1,500 | $541 | 92 |
Oakhill | $1,500 | $625 | 86 |
East Evansville | $1,547 | $541 | 149 |
Outer East | $1,547 | $541 | 129 |
ACT | $1,595 | $541 | 70 |
Cheapest Available Evansville Apartments for Rent
 The cheapest available apartment rental in Evansville, IN is a Studio unit found at Embassy Apartments in the Lincoln-Bellemeade neighborhood priced from $610. Shady Tree Apartments in the Cedar Hall neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $695. Here is today’s list of the most affordable Evansville apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Embassy Apartments | 0.1 | Studio,1BA | $610 |
Shady Tree Apartments | The Elm | 1BR,1BA | $695 |
SPRING VALLEY FLATS | Castlewood 1 Bedroom | 1BR,1BA | $695 |
Heathmoore - Evansville | 1 Bed 1 Bath | 1BR,1BA | $700 |
Foxfire West Apartments | 1 Bedroom 1 Bath | 1BR,1BA | $765 |
Devonshire Gardens I & II | II 1 Bed 1 Bath B | 1BR,1BA | $775 |
Bryce De Moray | B-1 Bedroom | 1BR,1BA | $825 |
Best Value Apartments for Rent in Evansville, IN
As of April 30, 2025 the best value apartment in the Evansville area is the $1.11 price per square foot Madison Model at Warrick Trail Apartments in the in the East Evansville neighborhood starting from $1,460. The second greatest value Evansville apartment is the 4x2 Single Bed Furnished Model at Eagle Village Student Housing starting at $600 with a $0.50 price per square foot in the Evansville West Side neighborhood. Here is today’s list of the best values for Evansville apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Warrick Trail Apartments | Madison | 2BR,2BA | $1.11 |
Eagle Village Student Housing | 4x2 Single Bed Furnished | 4BR,2BA | $0.50 |
The Forge on Main | Two Bedroom A | 2BR,2BA | $0.77 |
Sunset Tower | 2BR/2.0BA | 2BR,2BA | $1.14 |
1635 S Green River Rd, Unit 1635 | 1635 S Green River Rd | 1BR,1BA | $0.63 |
Indian Woods | The Oak | 2BR,1BA | $1.10 |
Bryce De Moray | B-1 Bedroom | 1BR,1BA | $0.97 |
Naveen Pine Apartments | 2 Bed 1 Bath | 2BR,1BA | $1.12 |
Mission Viejo Villas | B- Barcelona | 1BR,1BA | $1.07 |
Copper Creek Townhomes | A-1 Bedroom Ranch | 1BR,1BA | $1.13 |
Quick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
Evansville Overview
Evansville, Indiana is one of the most unique and culturally diverse cities on the map. Located along the Ohio River, this port town is a commercial and cultural hub, serving neighboring states for over 80 years. Boasting a population of just under 120,000 people, Evansville has everything a large city could offer, without losing that small town feel. Plenty of options in affordable Evansville apartments available to locals makes this a popular midwest destination.
Why live in Evansville, IN?
Whether you’re in the mood for jazz, rock, hip-hop, or news/talk, there is always something on the airwaves to please your ears. Courier & Press, part of the USA Today network, is the official newspaper and is always there to serve your local and national news needs.
Best Local Schools in Evansville, IN
Cynthia Heights Elementary School
Perry Heights Middle School
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Evansville, IN Rentals by Map
See the most popular apartments and homes in Evansville, IN
Getting Around Evansville, IN
Walk Score®
43 / 100
Car-Dependent
Most errands require a car
Bike Score®
42 / 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 a cheap apartment in Evansville?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Evansville is under $825.
What is the price of a cheap apartment in Evansville?
The cheapest apartment in Evansville is Shady Tree Apartments which is listed at $695, while the average apartment in Evansville costs $1,660.
What types of apartments are the cheapest in Evansville?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 354 regular apartments in Evansville that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in Evansville?
Cheap apartments in Evansville have an average cost of $329 which is $1,331 cheaper than the average rent for all rentals in Evansville.
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.

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.

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.

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.