
Cheap Homes for Rent in Evansville, AR from $1,100 (6 Rentals)
Search the lowest-cost Homes available for rent right now in Evansville.


929 Stills Rd

580 N Littleleaf Ter
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.

12284 Rambling Rose Wy

51 Dakota Trail

1280 Colonel Salomon Dr
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

How much does it cost to rent a home in Evansville?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Evansville 2 Bedroom Homes for Rent | $1,446 | $1,150 | $1,595 |
| Evansville 3 Bedroom Homes for Rent | $1,689 | $1,150 | $2,100 |
| Evansville 4 Bedroom Homes for Rent | $2,204 | $1,700 | $3,295 |
Browse Top Homes for Rent in Evansville
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Evansville, AR Local Guide
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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 priced from $675. Rena Valley Apartments 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 |
|---|---|---|---|
| Cedar Creek Village Apartments and Townhomes | 1 Bed / 1 Bath | 1BR,1BA | $675 |
| Rena Valley Apartments | 1 Bedroom 1 Bath | 1BR,1BA | $695 |
| Pierce Properties | Campus Studio Small, Large Option 1, 2, or 3 | Studio,1BA | $725 |
Best Value Apartments for Rent in Evansville, AR and Nearby
As of May 30, 2026 the best value apartment in the Evansville area is the $0.33 price per square foot Furnished Per Bed Lease Rate Model at The Row @ Arkansas in the in the Fayetteville Center neighborhood starting from $649. The second greatest value Evansville apartment is the D5 Model at The Academy at Frisco starting at $975 with a $0.73 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| The Row @ Arkansas | Furnished Per Bed Lease Rate | 4BR,3BA | $0.33 |
| The Academy at Frisco | D5 | 4BR,4BA | $0.73 |
| Champions Club | Student Housing | 3 Bedroom | 3BR,3BA | $0.63 |
| The Landing Fayetteville | B1 UP - 2x2 | 2BR,2BA | $0.66 |
| Moonlight Cottages, Duplex and Townhomes | 18th Street | 2BR,2.5BA | $0.75 |
| Riverview Condominiums at Park Ridge | 3 Bedroom | 3BR,2BA | $0.95 |
| Mitchell Yards | Two Bedroom | 2BR,2.5BA | $0.86 |
| The Vue on Stadium Drive Fayetteville | 2 BEDROOM, 2 BATH | 2BR,2BA | $0.87 |
| Alight Fayetteville | 2 BEDROOM, 2 BATH | 2BR,2BA | $0.89 |
| Rena Valley Apartments | 1 Bedroom 1 Bath | 1BR,1BA | $1.07 |
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.
Read ArticleReal 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.
Read ArticleQuick 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.
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 66 Apartments for Rent in Evansville, AR with pricing that ranges from $649 to $3,700. There are also 39 Single Family Homes for rent, Condos, and Townhome rentals currently available in Evansville ranging from $1,150 to $3,295.
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 $1,150 to $3,295 with an average monthly rent of $1,641.
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 $699 to $3,000, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,150 to $2,100. Four Bedroom Single-Family rentals are also available starting from $1,700 and Four Bedroom Apartments start at $649.
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

Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.