Cheap Homes for Rent near Evansville, AR from $1,100 (6 Rentals)

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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.

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.

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 Cedar Creek Village Apartments and Townhomes in the Crawford County neighborhood priced from $675. Rena Valley Apartments in the Crawford County neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $724. Here is today’s list of the most affordable Evansville apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Cedar Creek Village Apartments and Townhomes1 Bed / 1 Bath1BR,1BA$675
Rena Valley Apartments1 Bedroom 1 Bath1BR,1BA$724
Pierce PropertiesCampus Studio Small, Large Option 1, 2, or 3Studio,1BA$725

Best Value Apartments for Rent in Evansville, AR and Nearby

As of July 15, 2026 the best value apartment in the Evansville area is the $0.29 price per square foot Furnished Per Bed Lease Rate Model at The Row @ Arkansas in the in the Fayetteville Center neighborhood starting from $575. The second greatest value Evansville apartment is the D1 - 4x4 Model at College Town Fayetteville starting at $915 with a $0.59 price per square foot in the Fayetteville Center 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 Per Bed Lease Rate4BR,3BA$0.29
College Town FayettevilleD1 - 4x44BR,4BA$0.59
Champions Club | Student Housing3 Bedroom3BR,3BA$0.51
The Landing FayettevilleB1 UP - 2x22BR,2BA$0.66
Riverview Condominiums at Park Ridge3 Bedroom3BR,2BA$0.95
Mitchell YardsTwo Bedroom2BR,2.5BA$0.86
The Vue on Stadium Drive Fayetteville2 BEDROOM, 2 BATH2BR,2BA$0.87
Porter Place Townhomes2BR/1.5BA Upgrade2BR,1.5BA$1.08
Alight Fayetteville2 BEDROOM, 2 BATH2BR,2BA$0.86
Washington Plaza Apartments2 x 12BR,1BA$1.10

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

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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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Remember the 3 Rules of Real Estate:
Location, Location, Location!

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Frequently Asked Questions about Evansville

What type of rentals are currently available in Evansville?

There are currently 69 Apartments for Rent in Evansville, AR with pricing that ranges from $529 to $3,700. There are also 38 Single Family Homes for rent, Condos, and Townhome rentals currently available in Evansville ranging from $1,100 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 $1,100 to $3,500 with an average monthly rent of $1,774.

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 $669 to $3,000, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,100 to $3,500. Four Bedroom Single-Family rentals are also available starting from $1,700 and Four Bedroom Apartments start at $529.

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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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

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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.