Cheap Apartments for Rent in Evanston, IN from $500 (29 Rentals)

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

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Shannon Glenn
Studio to 3 Bedroom Apartments

Shannon Glenn

280 Shamrock CtEvansville, IN 47715
  • Utilities Included
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Fairmont Apartments
Studio to 2 Bedroom Apartments

Fairmont Apartments

4982-4984 Tippecanoe DrEvansville, IN 47715
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Eastland Apartments
1 to 2 Bedroom Apartments

Eastland Apartments

5308 Eden DrEvansville, IN 47715
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Legacy Commons
1 to 2 Bedroom Apartments

Legacy Commons

630 Chuck Gray CtOwensboro, KY 42303
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Evanston, IN Local Guide

Cheapest Available Evanston Apartments for Rent and Nearby

 

The cheapest available apartment rental in Evanston, IN is a Studio unit found at Fielding Court in the Lant Manor neighborhood priced from $600. Ambassador Villas has the second lowest priced unit, which is a 1 Bed apartment currently listed from $675. Here is today’s list of the most affordable Evanston apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Fielding CourtStudio (Water & Trash included)Studio,1BA$600
Ambassador VillasAmbassador 1 BD1BR,1BA$675
SPRING VALLEY FLATSThe Redbud1BR,1BA$695
Devonshire Gardens I & IIII 1 Bed 1 Bath B1BR,1BA$750
Legion Park & Heartwood Court ApartmentsLegion 1 Bed1BR,1BA$750
River ClubColumbia1BR,1BA$799
Park Place Apartments - 55+ CommunityOne Bedroom Unit1BR,1BA$800
Kingston Square ApartmentsTwo Bedroom2BR,1BA$815
Abbey Court ApartmentsCambridge1BR,1BA$829
The Timbers ApartmentsThe Walnut 1 BR 1 BA1BR,1BA$834

Best Value Apartments for Rent in Evanston, IN and Nearby

As of October 27, 2025 the best value apartment in the Evanston area is the $0.95 price per square foot 3 Bedroom 2 Bath Model at Royal Arms of Owensboro in the starting from $1,330. The second greatest value Evanston apartment is the The Monroe Model at Pavilion Lakes Apartments starting at $1,195 with a $1.20 price per square foot in the Lant Manor neighborhood. Here is today’s list of the best values for Evanston apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Royal Arms of Owensboro3 Bedroom 2 Bath3BR,2BA$0.95
Pavilion Lakes ApartmentsThe Monroe2BR,1.5BA$1.20
Indian WoodsThe Oak2BR,1BA$1.10
Keystone Apartments2 Bedroom2BR,1BA$1.06
Naveen Pine ApartmentsCozy Two Bedroom Apartment Home2BR,1BA$1.12
Abbey Court ApartmentsLiverpool1BR,1BA$1.19
Kingston Square ApartmentsTwo Bedroom2BR,1BA$1.02
Shannon GlennMcConnell2BR,1BA$1.25
Ambassador VillasAmbassador 1 BD1BR,1BA$0.96
Devonshire Gardens I & IIII 1 Bed 1 Bath C1BR,1BA$1.12

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Frequently Asked Questions about Cheap Evanston Apartments

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

The lowest price for a Cheap One Bedroom Evanston Apartment is $675 at Ambassador Villas.

What is the lowest price for a Cheap Two Bedroom Evanston Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Evanston is starting from $815 at Kingston Square Apartments.

What is the most affordable Evanston Three Bedroom Apartment?

The best deal on a cheap Evanston Three Bedroom Apartment rental is at Royal Arms of Owensboro and starts from $1,330.

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.

decorative image for Apartment Common Area Rules: What Renters Need to Know article

Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

decorative image for The Rental Move-In Inspection Checklist: A Guide for Renters article

The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

decorative image for Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between article

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

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.