Cheap Homes for Rent in Evansville, AR from $700 (5 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
By AmenitiesDone
By Community TypeDone
Done

Search the lowest-cost Homes available for rent right now in Evansville.

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

Evansville, AR Local Guide

Cheapest Available Evansville Apartments for Rent and Nearby

 

The cheapest available apartment rental in Evansville, AR is a 1 Bed unit found at Rena Valley Apartments priced from $685. Cedar Creek Apartments and Townhomes has the second lowest priced unit, which is a 2 Beds apartment currently listed from $695. Here is today’s list of the most affordable Evansville apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Rena Valley Apartments1 Bedroom 1 Bath1BR,1BA$685
Cedar Creek Apartments and Townhomes2BR/1.0BA2BR,1BA$695
Southern View I/II1 Bedroom 1 Bath1BR,1BA$835

Best Value Apartments for Rent in Evansville, AR and Nearby

As of July 31, 2025 the best value apartment in the Evansville area is the $0.30 price per square foot Furnished rate - per bed Model at The Row @ Arkansas in the in the Fayetteville Center neighborhood starting from $600. The second greatest value Evansville apartment is the 2 Bedroom Model at Champions Club | Student Housing starting at $850 with a $0.71 price per square foot in the Heritage East neighborhood. Here is today’s list of the best values for Evansville apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The Row @ ArkansasFurnished rate - per bed4BR,3BA$0.30
Champions Club | Student Housing2 Bedroom2BR,2BA$0.71
Riverview Condominiums at Park Ridge3 Bedroom3BR,2BA$0.95
The Vue on Stadium Drive Fayetteville2 BEDROOM, 2 BATH2BR,2BA$0.82
Porter Place Townhomes2BR/1.5BA Upgrade2BR,1.5BA$1.08
Hillside TownhomesTownhomes2BR,1.5BA$0.89
Alight Fayetteville2 BEDROOM, 2 BATH2BR,2BA$0.84
Washington Plaza Apartments2 x 12BR,1BA$1.10
Cedar Creek Apartments and Townhomes2BR/1.5BA2BR,1.5BA$0.96
Rena Valley Apartments1 Bedroom 1 Bath1BR,1BA$1.05

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.

decorative image of people with a giant lease agreement

Frequently Asked Questions about Evansville

What type of rentals are currently available in Evansville?

There are currently 54 Apartments for Rent in Evansville, AR with pricing that ranges from $625 to $4,380. There are also 31 Single Family Homes for rent, Condos, and Townhome rentals currently available in Evansville ranging from $700 to $2,700.

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 $700 to $2,700 with an average monthly rent of $1,536.

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 $700 to $2,500, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,000 to $2,300. Four Bedroom Single-Family rentals are also available starting from $2,095 and Four Bedroom Apartments start at $699.

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 The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro article

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

decorative image for Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting article

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Written by: Christine Leonard, Esq.

Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.

decorative image for Roommate Matching: Finding the Right Fit and Avoiding Pitfalls article

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

decorative image for The Art of the Rental Viewing: What to look for during a property tour article

The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.