
Cheap Homes for Rent in Evansville, IN from $500 (17 Rentals)
Search the lowest-cost Homes available for rent right now in Evansville.


220 E Delaware St

1119 SE Riverside Dr

1231 Culver Dr

1419 SE 2nd St

1628 Speaker Rd

316 E Eichel Ave

605 W Michigan St

26 W Florida St

310 E Florida St

708 N Kerth Ave

1112 E Powell Ave

1133 Bayard Park Dr

654 E Louisiana St

1330 SE 2nd St

5560 E Virginia St

19 N Rotherwood Ave
Evansville, IN Local Guide

How much does it cost to rent a home in Evansville?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Evansville 2 Bedroom Homes for Rent | $1,625 | $700 | $3,500 |
Evansville 3 Bedroom Homes for Rent | $1,475 | $775 | $3,500 |
Evansville 4 Bedroom Homes for Rent | $1,822 | $1,000 | $2,790 |
Browse Top Homes for Rent in Evansville
Explore Evansville
Evansville, IN Local Guide
- Evansville Neighborhoods
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Cheapest Neighborhoods for Apartments in Evansville, IN
Pricing Updated: 03/22/2025Current apartment rentals in the Evansville, IN area range in price from $541 to $4,399 with an overall median price of $1,551. The three Evansville neighborhoods with the lowest median rent pricing are Jeannette at $541, ACT at $541, and Presidents 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 | $1,157 | $541 | 2803 |
ACT | $1,167 | $541 | 5416 |
Presidents | $1,185 | $541 | 5385 |
Eastview | $1,219 | $541 | 4738 |
University South | $1,219 | $610 | 4345 |
Lorraine Park | $1,234 | $541 | 5899 |
Dexter | $1,250 | $541 | 6180 |
Gum Bayard Park Chandler | $1,250 | $541 | 6445 |
Kathleen Jeannette | $1,250 | $541 | 4152 |
Ross Center | $1,250 | $541 | 6596 |
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 Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Embassy Apartments | 0.1 | Studio,1BA | $610 |
Heathmoore - Evansville | 1 Bed 1 Bath | 1BR,1BA | $700 |
Lakewood Flats and Townhomes | 1 Bedroom Deluxe | 1BR,1BA | $710 |
SPRING VALLEY FLATS | The Flowering Redbud | 1BR,1BA | $725 |
Princeton Court | 1 Bed 1 Bath | 1BR,1BA | $730 |
Best Value Apartments for Rent in Evansville, IN
As of March 22, 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 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. |
---|---|---|---|
12 Park Pl, Unit A | 12 Park Pl | 2BR,2BA | $0.97 |
Eagle Village Student Housing | 4x2 Single Bed Furnished | 4BR,2BA | $0.50 |
Liv at Locust Creek | Luxury Dresden | 2BR,1.5BA | $1.04 |
Hornbrook Estates Apartments | Two Bedroom One Bathroom | 2BR,1BA | $1.07 |
Indian Woods | The Oak | 2BR,1BA | $1.05 |
North Park | Berkshire | 2BR,1.5BA | $1.05 |
Colonial Manor Apartments | 2x1 R | 2BR,1BA | $1.05 |
Bryce De Moray | B-1 Bedroom | 1BR,1BA | $0.97 |
Shannon Glenn | McConnell | 2BR,1BA | $1.12 |
Lakewood Flats and Townhomes | 1 Bedroom Deluxe | 1BR,1BA | $0.90 |
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Frequently Asked Questions about Evansville
What type of rentals are currently available in Evansville?
There are currently 313 Apartments for Rent in Evansville, IN with pricing that ranges from $541 to $4,399. There are also 66 Single Family Homes for rent, Condos, and Townhome rentals currently available in Evansville ranging from $525 to $3,500.
What is the current price range for Rental Homes in Evansville?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Evansville ranges from $525 to $3,500 with an average monthly rent of $1,244.
How much are larger Three and Four Bedroom Rentals in Evansville?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Evansville range from $793 to $2,600, while Three Bedroom Homes, Condos, and Townhomes for rent range from $775 to $3,500. Four Bedroom Single-Family rentals are also available starting from $1,000 and Four Bedroom Apartments start at $1,500.
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.

What to Know About Fees and Fines When Renting
Written by: Trey Huguley
When it comes to renting a new apartment or home there can be a number of fees that you will want to keep in mind going into the process.

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.