
Cheap Apartments for Rent in the Downtown Evansville Neighborhood of Evansville, IN from $400 (26 Rentals)
Search the lowest-cost Apartments available for rent right now in the Downtown Evansville area of Evansville.


845 Stanley Ave

210 N First Ave

1800 N 6th Ave

2601 W Virginia St

The Forge on Main

800 SE 2nd St

1303-1305 Marshall Ave

Woodbridge Place

101 SE 2nd St

Colonial Manor Apartments

1512 W Missouri St

327 Ridgeway Ave

Liv at Locust Creek

Market Street Apartments

City Pointe

610 Taylor Ave
Downtown Evansville, Evansville, IN Local Guide

How much does it cost to rent an apartment in Downtown Evansville?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Downtown Evansville Studio Apartments | $1,705 | $800 | $2,009 |
Downtown Evansville 1 Bedroom Apartments | $1,508 | $625 | $2,259 |
Downtown Evansville 2 Bedroom Apartments | $1,321 | $900 | $2,750 |
Downtown Evansville 3 Bedroom Apartments | $1,204 | $795 | $1,454 |
Downtown Evansville 4 Bedroom Apartments | $925 | $925 | $925 |
Browse Apartments in this Neighborhood
There are currently 26 rentals with your search options within a 2 mile radius of the Downtown Evansville Neighborhood of Evansville, IN.
See all Apartments in EvansvilleExplore Evansville
Downtown Evansville, Evansville, IN Local Guide
- Nearby Evansville neighborhoods
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Cheapest Available Downtown Evansville Apartments for Rent
 The cheapest available apartment rental in the Downtown Evansville area of Evansville, IN is a Studio unit found at The Forge on Main priced from $800. Woodbridge Place has the second lowest priced unit, which is a 1 Bed apartment currently listed from $900. Here are the most affordable Downtown Evansville apartments for rent in Evansville, IN:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
The Forge on Main | Studio A | Studio,1BA | $800 |
Woodbridge Place | The Dogwood | 1BR,1BA | $900 |
Colonial Manor Apartments | 2x1 R | 2BR,1BA | $907 |
Liv at Locust Creek | Hanover | 2BR,1BA | $959 |
Market Street Apartments | Modern Studio Apartment | Studio,1BA | $995 |
Central Lofts | OO | 2BR,1BA | $1,092 |
City Pointe | 2 Bedroom 1 Bath | 2BR,1BA | $1,155 |
Sunset Tower | 2BR/2.0BA | 2BR,2BA | $1,200 |
Apartments@41 | 2BR/2.0BA | 2BR,2BA | $1,400 |
Retreat at Leisure Living | Haven White | Studio,1BA | $1,750 |
Best Value Apartments for Rent in Downtown Evansville, IN
As of April 07, 2025 the best value apartment in the Downtown 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 Downtown Evansville apartment is the 2BR/2.0BA Model at Sunset Tower starting at $1,200 with a $1.14 price per square foot in the ACT neighborhood. Here is today’s list of the best values for Downtown Evansville apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Apartments@41 | 2BR/2.0BA | 2BR,2BA | $1.09 |
Sunset Tower | 2BR/2.0BA | 2BR,2BA | $1.14 |
Liv at Locust Creek | Vienna | 2BR,2BA | $1.24 |
City Pointe | 2 Bedroom 1 Bath | 2BR,1BA | $1.28 |
Colonial Manor Apartments | 2x1 R | 2BR,1BA | $1.05 |
Post House | Downtown Loft 1.1A | 1BR,1BA | $2.66 |
Central Lofts | FF | 2BR,1BA | $1.50 |
Woodbridge Place | The Dogwood | 1BR,1BA | $1.29 |
The Forge on Main | Studio A | Studio ,1BA | $1.40 |
Market Street Apartments | Modern Studio Apartment | Studio ,1BA | $2.49 |
Quick Rent Budget Calculator
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Pet Friendly LifestyleDowntown Evansville, Evansville, IN
Ranked #34
Among neighborhoods in Evansville, IN for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Best Local Schools in Downtown Evansville, Evansville, IN
Delaware Elementary School
Benjamin Bosse High School
School data provided by Great Schools
Getting Around the Downtown Evansville Neighborhood in Evansville, IN
Walk Score®
63 / 100
Somewhat Walkable
Some errands can be accomplished on foot
Bike Score®
55 / 100
Bikeable
Some 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 Downtown Evansville Apartments
What is a cheap apartment in Downtown Evansville?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Downtown Evansville is under $1,750.
What is the price of a cheap apartment in Downtown Evansville?
The cheapest apartment in Downtown Evansville is The Forge on Main which is listed at $832, while the average apartment in Downtown Evansville costs $1,809.
What types of apartments are the cheapest in Downtown 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 20 regular apartments in Downtown Evansville that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
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.

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.

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.

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.