Cheap Apartments for Rent in Evansville, IN from $300 (63 Rentals)

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

property at 101 SE 2nd St

101 SE 2nd St

EvansvilleIN47708
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Dalehaven Estates
2 to 4 Bedroom Apartments

Dalehaven Estates

3700 Justus CtEvansville, IN 47714
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1430 Parrett St
1 to 2 Bedroom Apartments

1430 Parrett St

1430 Parrett StEvansville, IN 47713
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Boeke Place
1 Bedroom Apartments

Boeke Place

1401 S Boeke RdEvansville, IN 47714
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OrchardGate
1 to 2 Bedroom Apartments

OrchardGate

401 Applewood CtEvansville, IN 47712
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None
1 Bedroom Apartments

None

3901 Bellemeade AveEvansville, IN 47714
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Westbriar Apartments
1 Bedroom Apartments

Westbriar Apartments

2300 W Iowa StEvansville, IN 47712
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600 Normandy Dr
1 to 2 Bedroom Apartments

600 Normandy Dr

600 Normandy DrEvansville, IN 47715
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Fairmont Apartments
1 to 2 Bedroom Apartments

Fairmont Apartments

4982-4984 Tippecanoe DrEvansville, IN 47715
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Westwood Apartments
1 Bedroom Apartments

Westwood Apartments

798 Douglas DrEvansville, IN 47712
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1900 N Willow Rd
1 to 3 Bedroom Apartments

1900 N Willow Rd

1900 N Willow RdEvansville, IN 47711
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The Grove
1 to 2 Bedroom Apartments

The Grove

1105 SE First StEvansville, IN 47713
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Donaldson Arms
1 to 2 Bedroom Apartments

Donaldson Arms

1407 Howard StEvansville, IN 47713
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Showing Results 1-50, Page 1 of 2

Evansville, IN Local Guide

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Written By:
Staff Writer
Local Guide Expert

Cheapest Neighborhoods for Apartments in Evansville, IN

Pricing Updated: 04/09/2025

Current apartment rentals in the Evansville, IN area range in price from $541 to $4,399 with an overall median price of $1,613. The three Evansville neighborhoods with the lowest median rent pricing are Jeannette at $541, Eastview at $541, and Ross Center at $541. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Evansville Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Jeannette$1,157$54143
Eastview$1,269$54160
Ross Center$1,269$54163
University South$1,269$61060
Kathleen Jeannette$1,311$54162
Rosedale South$1,352$61078
Dexter$1,354$54184
Gum Bayard Park Chandler$1,354$54183
Lant Manor$1,354$54179
Lorraine Park$1,354$54175

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. Fairway Plaza in the STAR neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $615. Here is today’s list of the most affordable Evansville apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Embassy Apartments0.1Studio,1BA$610
Fairway Plaza1 Bedroom1BR,1BA$615
SPRING VALLEY FLATSThe Dogwood1BR,1BA$695
Heathmoore - Evansville1 Bed 1 Bath1BR,1BA$700
Devonshire Gardens I & IIII 1 Bed 1 Bath A1BR,1BA$750
Foxfire West Apartments1 Bedroom 1 Bath1BR,1BA$755
The Timbers ApartmentsThe Oak 1 BR 1 BA1BR,1BA$767
Abbey Court ApartmentsCambridge1BR,1BA$799
Bryce De MorayB-1 Bedroom1BR,1BA$825
Village GreenChestnut Premium1BR,1BA$835

Best Value Apartments for Rent in Evansville, IN

As of April 09, 2025 the best value apartment in the Evansville area is the $1.09 price per square foot 2BR/2.0BA Model at Apartments@41 in the in the Jacobsville neighborhood starting from $1,400. The second greatest value Evansville 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 Evansville apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Apartments@412BR/2.0BA2BR,2BA$1.09
Indian WoodsThe Chestnut3BR,2BA$1.12
Eagle Village Student Housing4x2 Single Bed Furnished4BR,2BA$0.50
The Forge on MainTwo Bedroom A2BR,2BA$0.77
Hornbrook Estates ApartmentsTwo Bedroom One Bathroom2BR,1BA$1.10
North ParkBerkshire2BR,1.5BA$1.05
Bryce De MorayB-1 Bedroom1BR,1BA$0.97
Naveen Pine Apartments2 Bed 1 Bath2BR,1BA$1.12
Shannon GlennMcConnell2BR,1BA$1.12
Fairway Plaza1 Bedroom1BR,1BA$0.88

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.

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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

School data provided by Great Schools

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

Explore Evansville, IN Rentals by Map

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See the most popular apartments and homes in Evansville, IN

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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 $835.

What is the price of a cheap apartment in Evansville?

The cheapest apartment in Evansville is Fairway Plaza which is listed at $615, while the average apartment in Evansville costs $1,613.

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 476 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 $352 which is $1,261 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.

decorative image for Understanding Amenity Fees: Know Where You Might Be Able to Save Money article

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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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.

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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.