
Cheap Homes for Rent in Evansville, IN from $500 (13 Rentals)
Search the lowest-cost Homes available for rent right now in Evansville.


1119 SE Riverside Dr

207 Blackford Ave

1419 SE 2nd St

406 Edgar St

205 Blackford Ave

708 N Kerth Ave

654 E Louisiana St

1133 Bayard Park Dr

1650 McConnell Ave.

1330 SE 2nd St

5560 E Virginia St

607 SE 3rd St
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 | $1,620 | $725 | $3,500 |
Evansville 3 Bedroom Homes for Rent | $1,460 | $1,000 | $2,100 |
Evansville 4 Bedroom Homes for Rent | $1,736 | $1,350 | $2,500 |
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: 04/12/2025Current apartment rentals in the Evansville, IN area range in price from $575 to $3,500 with an overall median price of $1,398. The three Evansville neighborhoods with the lowest median rent pricing are Jeannette at $725, Lincoln Park at $645, and Garvinwood at $600. 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 | $810 | $725 | 2 |
Lincoln Park | $1,000 | $645 | 15 |
Garvinwood | $1,050 | $600 | 20 |
Lincoln-Bellemeade | $1,050 | $600 | 18 |
Rosedale South | $1,050 | $600 | 20 |
University South | $1,050 | $600 | 18 |
Evansville West Side | $1,125 | $1,000 | 2 |
ACT | $1,150 | $600 | 16 |
Dexter | $1,150 | $725 | 12 |
Eastview | $1,150 | $725 | 11 |
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 | The Dogwood | 1BR,1BA | $695 |
Heathmoore - Evansville | 1 Bed 1 Bath | 1BR,1BA | $700 |
Devonshire Gardens I & II | II 1 Bed 1 Bath A | 1BR,1BA | $700 |
Best Value Apartments for Rent in Evansville, IN
As of April 13, 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 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. |
---|---|---|---|
Apartments@41 | 2BR/2.0BA | 2BR,2BA | $1.09 |
Eagle Village Student Housing | 4x2 Single Bed Furnished | 4BR,2BA | $0.50 |
The Forge on Main | Two Bedroom A | 2BR,2BA | $0.77 |
1635 S Green River Rd, Unit 1635 | 1635 S Green River Rd | 1BR,1BA | $0.63 |
Hornbrook Estates Apartments | Two Bedroom One Bathroom | 2BR,1BA | $1.10 |
Indian Woods | The Oak | 2BR,1BA | $1.10 |
North Park | Berkshire | 2BR,1.5BA | $1.05 |
Bryce De Moray | B-1 Bedroom | 1BR,1BA | $0.97 |
Naveen Pine Apartments | 2 Bed 1 Bath | 2BR,1BA | $1.12 |
Copper Creek Townhomes | A-1 Bedroom Ranch | 1BR,1BA | $1.13 |
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Frequently Asked Questions about Evansville
What type of rentals are currently available in Evansville?
There are currently 305 Apartments for Rent in Evansville, IN with pricing that ranges from $541 to $4,399. There are also 48 Single Family Homes for rent, Condos, and Townhome rentals currently available in Evansville ranging from $575 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 $575 to $3,500 with an average monthly rent of $1,241.
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 $2,457, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,000 to $2,100. Four Bedroom Single-Family rentals are also available starting from $1,350 and Four Bedroom Apartments start at $925.
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.