
Cheap Homes for Rent near Evansville, IL from $400 (10 Rentals)
Search the lowest-cost Homes available for rent right now in Evansville.


18 N 44th St

414 S 10th St

225 S Church St

1808 Jamestown Rd
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

104 N 27th St

21 Gundlach Pl

1339 N County Rd

912 E Adams St

324 N Jackson St
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.
Evansville, IL 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 | $1,042 | $775 | $1,450 |
| Evansville 3 Bedroom Homes for Rent | $1,949 | $1,100 | $2,975 |
| Evansville 4 Bedroom Homes for Rent | $2,442 | $1,860 | $2,995 |
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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 Studio unit found at Perryville Senior Apartments priced from $575. Williamsburg Apartments in the Belleville neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $800. Here is today’s list of the most affordable Evansville apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Perryville Senior Apartments | Efficiency | Studio,1BA | $575 |
| Williamsburg Apartments | 1 bedroom | 1BR,1BA | $800 |
| 24 North Rentals | 1 Bedroom Apartment- Miller Apartments | 1BR,1BA | $800 |
Best Value Apartments for Rent in Evansville, IL and Nearby
As of August 02, 2026 the best value apartment in the Evansville area is the $1.09 price per square foot 2BR/1.5BA Model at Reside Here Apartments & Rentals in the in the Belleville neighborhood starting from $1,195. The second greatest value Evansville apartment is the Two Bed One Bath Model at Linwood Apartments starting at $1,000 with a $0.91 price per square foot in the Belleville 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. |
|---|---|---|---|
| Reside Here Apartments & Rentals | 2BR/1.5BA | 2BR,1.5BA | $1.09 |
| Linwood Apartments | Two Bed One Bath | 2BR,1BA | $0.91 |
| Storyboard on Lake Christine | Lake Christine B1 | 2BR,1BA | $1.16 |
| Falcon Place Townhomes | 2BR/1.5BA | 2BR,1.5BA | $1.40 |
| Lakewood Apartments | 2A | 2BR,2BA | $1.24 |
| Southfield Apartments | 2Bd/1Ba | 2BR,1BA | $1.06 |
| Ben Louis Apartments | 2 Bedrooms 1 Bathroom | 2BR,1BA | $1.12 |
| Heisel Apartments & Townhouses | 1BR Apartments | 1BR,1BA | $1.24 |
| Williamsburg Apartments | 1 bedroom | 1BR,1BA | $1.26 |
| Bouse Apartment Homes | 1 Bedroom 1 Bath | 1BR,1BA | $1.36 |
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.
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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 51 Apartments for Rent in Evansville, IL with pricing that ranges from $200 to $2,178. There are also 36 Single Family Homes for rent, Condos, and Townhome rentals currently available in Evansville ranging from $499 to $2,995.
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 $499 to $2,995 with an average monthly rent of $1,601.
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

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

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.

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.