Cheap Apartments for Rent in the Evergreen Neighborhood of Elkhart, IN from $600 (7 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Evergreen area of Elkhart.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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Highland
1 to 4 Bedroom Apartments

Highland

1875 Osolo RdElkhart, IN 46514

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

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20 East Elkhart
1 to 2 Bedroom Apartments

20 East Elkhart

2125 Toledo RdElkhart, IN 46516

Evergreen, Elkhart, IN Local Guide

Cheapest Available Evergreen Apartments for Rent

 

The cheapest available apartment rental in the Evergreen area of South Bend, IN is a 2 Beds unit found at Northway Manor priced from $1,125. River Point West has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,163. Here are the most affordable Evergreen apartments for rent in South Bend, IN:

Apartment ListingModel NameBed/BathPriced From
Northway Manor2 Bedroom Townhouse2BR,1BA$1,125
River Point West1/11BR,1BA$1,163
North LakeThree Bedroom Apartment3BR,2BA$1,170

Best Value Apartments for Rent in Evergreen, IN

As of June 11, 2026 the best value apartment in the Evergreen area is the $1.39 price per square foot 2BTH Model at Stonewater at the Riverwalk in the in the East Jackson neighborhood starting from $2,935. The second greatest value Evergreen apartment is the Three Bedroom Apartment Model at North Lake starting at $1,170 with a $0.97 price per square foot in the Evergreen neighborhood. Here is today’s list of the best values for Evergreen apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Stonewater at the Riverwalk2BTH2BR,3BA$1.39
North LakeThree Bedroom Apartment3BR,2BA$0.97
River Point West2/22BR,2BA$1.58
Walnut Trails ApartmentsThe Frasier2BR,2BA$1.14
GREENLEAF2 bed 2 bath 1000 sq ft2BR,2BA$1.18
Northway Manor2 Bedroom Townhouse2BR,1.5BA$1.21
York Woods Center1BR/1BA LOFT1BR,1BA$1.44
The DeltaThe IrishStudio ,1BA$2.38

Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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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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Pet Friendly Lifestyle
Evergreen, Elkhart, IN

Ranked #7

Among cities in Indiana for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Frequently Asked Questions about Cheap Evergreen Apartments

What is a cheap apartment in Evergreen?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Evergreen is under $2,935.

What is the price of a cheap apartment in Evergreen?

The cheapest apartment in Evergreen is River Point West which is listed at $1,163, while the average apartment in Evergreen costs $1,562.

What types of apartments are the cheapest in Evergreen?

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 2 regular apartments in Evergreen 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 Evergreen?

Cheap apartments in Evergreen have an average cost of $250 which is $1,312 cheaper than the average rent for all rentals in Evergreen.

Expert Rental Resources

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.

Articles, How-To's, and Tips

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The Expert List: South Bends 7 Most Livable and Affordable Neighborhoods

Written by: Chad Deitchley

As your ApartmentHomeLiving.com Local Expert for South Bend, Indiana I am happy to help you find an affordable place to live in this surprisingly vibrant and extremely livable city.

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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

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Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.