
Cheap Apartments for Rent in Evansville, IL from $400 (13 Rentals)
Search the lowest-cost Apartments available for rent right now in Evansville.


Trolley Circle

Bradford Place & Ansley Oaks Apartments

Heisel Apartments & Townhouses

Willow Park Apartments
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.

24 North Rentals
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.

22 Yorkshire Ln

213 E Garfield St

1803 Jamestown Rd

1320 N 1st St
Evansville, IL Local Guide

How much does it cost to rent an apartment in Evansville?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Evansville Studio Apartments | $592 | $575 | $610 |
Evansville 1 Bedroom Apartments | $1,038 | $200 | $1,515 |
Evansville 2 Bedroom Apartments | $1,351 | $481 | $1,895 |
Evansville 3 Bedroom Apartments | $1,642 | $1,300 | $1,917 |
Browse Top Apartments in Evansville
See all Apartments in EvansvilleExplore Evansville
Evansville, IL Local Guide
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Cheapest Available Evansville Apartments for Rent and Nearby
 The cheapest available apartment rental in Evansville, IL is a 1 Bed unit found at Trolley Circle in the East Saint Louis neighborhood priced from $414. Perryville Senior Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $575. Here is today’s list of the most affordable Evansville apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Trolley Circle | One Bedroom | 1BR,1BA | $414 |
Perryville Senior Apartments | Efficiency | Studio,1BA | $575 |
Bradford Place & Ansley Oaks Apartments | Studio | Studio,1BA | $610 |
Heisel Apartments & Townhouses | 1BR Apartments | 1BR,1BA | $625 |
24 North Rentals | 1 Bedroom Apartment- Miller Apartments | 1BR,1BA | $725 |
Best Value Apartments for Rent in Evansville, IL and Nearby
As of September 16, 2025 the best value apartment in the Evansville area is the $1.11 price per square foot Hayden B1 Model at Storyboard on Hayden in the in the Metro East neighborhood starting from $1,395. The second greatest value Evansville apartment is the 2BR/1.5BA Model at Reside Here Apartments & Rentals starting at $1,250 with a $1.14 price per square foot in the Willow Walk 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. |
---|---|---|---|
Storyboard on Hayden | Hayden B1 | 2BR,2.5BA | $1.11 |
Reside Here Apartments & Rentals | 2BR/1.5BA | 2BR,1.5BA | $1.14 |
Linwood Apartments | Two Bed One Bath | 2BR,1BA | $0.91 |
Oaks Of Dutch Hollow | 2BR/2BA | 2BR,2BA | $1.18 |
215 anderson lane A | 2 BR / 1 BA | 2BR,1BA | $1.07 |
Lakewood Apartments | 2A | 2BR,2BA | $1.24 |
Storyboard on Rockwood | Rockwood A1 | 1BR,1BA | $1.16 |
Trolley Circle | One Bedroom | 1BR,1BA | $0.60 |
Black Forest Apartments | One Bedroom | 1BR,1BA | $1.27 |
Heisel Apartments & Townhouses | 1BR Apartments | 1BR,1BA | $0.97 |
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Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Evansville, IL Rentals by Map
See the most popular apartments and homes in Evansville, IL
Getting Around Evansville, IL
Walk Score®
31 / 100
Car-Dependent
Most errands require a car
Bike Score®
25 / 100
Somewhat Bikeable
Minimal bike infrastructure
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Cheap Evansville Apartments
How much is rent for a Cheap One Bedroom Evansville Apartment?
The lowest price for a Cheap One Bedroom Evansville Apartment is $414 at Trolley Circle.
What is the lowest price for a Cheap Two Bedroom Evansville Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Evansville is starting from $481 at Trolley Circle.
What is the most affordable Evansville Three Bedroom Apartment?
The best deal on a cheap Evansville Three Bedroom Apartment rental is at Lakewood Apartments and starts from $1,375.
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.

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.

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.

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.

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.