Cheap Apartments for Rent in Evansville, IN from $300 (70 Rentals)

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

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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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Normandy Arms
1 to 2 Bedroom Apartments

Normandy Arms

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
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: 03/27/2025

Current apartment rentals in the Evansville, IN area range in price from $525 to $3,500 with an overall median price of $1,681. The three Evansville neighborhoods with the lowest median rent pricing are Dexter at $775, Spring Park at $775, and Evansville West Side at $695. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Evansville Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Dexter$1,097$775813
Spring Park$1,097$775784
Evansville West Side$1,175$695149
Willemette$1,195$525483
Diamond Stringtown$1,300$525520
Hilltop$1,300$695228
Independence Historic District$1,300$525864
Jacobsville$1,300$525367
Lamasco$1,300$595536
Outer East$1,300$7751716

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. Heathmoore - Evansville in the Lant Manor neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $700. Here is today’s list of the most affordable Evansville apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Embassy Apartments0.1Studio,1BA$610
Heathmoore - Evansville1 Bed 1 Bath1BR,1BA$700
Lakewood Flats and Townhomes1 Bedroom Deluxe1BR,1BA$710
Princeton Court1 Bed 1 Bath1BR,1BA$715
SPRING VALLEY FLATSThe Flowering Redbud1BR,1BA$725
Foxfire West Apartments1 Bedroom 1 Bath1BR,1BA$755
The Timbers ApartmentsThe Oak 1 BR 1 BA1BR,1BA$800
The Forge on MainStudio AStudio,1BA$800
Bryce De MorayB-1 Bedroom1BR,1BA$825
The Manning1 Bedroom 1 Bathroom1BR,1BA$829

Best Value Apartments for Rent in Evansville, IN

As of March 27, 2025 the best value apartment in the Evansville area is the $0.97 price per square foot 12 Park Pl Model at 12 Park Pl, Unit A in the in the ACT neighborhood starting from $1,650. The second greatest value Evansville apartment is the 2BR/2.0BA Model at Apartments@41 starting at $1,400 with a $1.09 price per square foot in the Jacobsville 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.
12 Park Pl, Unit A12 Park Pl2BR,2BA$0.97
Apartments@412BR/2.0BA2BR,2BA$1.09
Eagle Village Student Housing4x2 Single Bed Furnished4BR,2BA$0.50
Village GreenMulberry2BR,1BA$0.94
Liv at Locust CreekLuxury Dresden2BR,1.5BA$1.04
Hornbrook Estates ApartmentsTwo Bedroom One Bathroom2BR,1BA$1.07
Indian WoodsThe Oak2BR,1BA$1.05
Bryce De MorayB-1 Bedroom1BR,1BA$0.97
Lakewood Flats and Townhomes1 Bedroom Deluxe1BR,1BA$0.90
Copper Creek TownhomesA-1 Bedroom Ranch1BR,1BA$1.13

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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 the Cheapest Studio apartment in Evansville?

Currently the most affordable Cheap Studio Apartment in Evansville is at Embassy Apartments listed at $610.

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

The lowest price for a Cheap One Bedroom Evansville Apartment is $700 at Heathmoore - Evansville.

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 $830 at Heathmoore - Evansville.

What is the most affordable Evansville Three Bedroom Apartment?

The best deal on a cheap Evansville Three Bedroom Apartment rental is at Mission Viejo Villas and starts from $1,255.

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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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.