Cheap Apartments for Rent in the ACT Neighborhood of Evansville, IN from $400 (44 Rentals)

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Search the lowest-cost Apartments available for rent right now in the ACT area of Evansville.

property at 307 SE 2nd St

$750

1 Bedroom Rentals

Available Now

307 SE 2nd St

EvansvilleIN47713

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.

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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.

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property at 1313 East Walnut

$1,000

Total Monthly Price

Total Monthly Price

Base Rent
$1,000
Total Monthly Price
$1,000

3 Bedroom, 2 Bath Home for Rent

Available Now

1313 East Walnut

EvansvilleIN47714
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1430 Parrett St
1 to 2 Bedroom Apartments

1430 Parrett St

1430 Parrett StEvansville, IN 47713
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Boeke Place
1 Bedroom Apartments

Boeke Place

1401 S Boeke RdEvansville, IN 47714
  • Utilities Included
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The Grove
1 to 2 Bedroom Apartments

The Grove

1105 SE First StEvansville, IN 47713
  • Utilities Included

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

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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Kinway Apartments
1 to 3 Bedroom Apartments

Kinway Apartments

1952 Colts LnEvansville, IN 47714
  • Utilities Included
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Donaldson Arms
1 to 2 Bedroom Apartments

Donaldson Arms

1407 Howard StEvansville, IN 47713
  • Utilities Included
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Wedgewood
2 Bedroom Apartments

Wedgewood

1127 Lincoln AveEvansville, IN 47714
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The Rathbone Apartments
1 to 2 Bedroom Apartments

The Rathbone Apartments

1320 SE 2nd StEvansville, IN 47713
Corporate Housing
  • Utilities Included

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.

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Legacy Commons
Studio to 2 Bedroom Apartments

Legacy Commons

1101 S Lincoln Park DrEvansville, IN 47714
  • Utilities Included

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

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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Showing Results 1-44, Page 1 of 1

ACT, Evansville, IN Local Guide

Cheapest Available ACT Apartments for Rent

 

The cheapest available apartment rental in the ACT area of Evansville, IN is a Studio unit found at Embassy Apartments priced from $660. The Manning has the second lowest priced unit, which is a 1 Bed apartment currently listed from $799. Here are the most affordable ACT apartments for rent in Evansville, IN:

Apartment ListingModel NameBed/BathPriced From
Embassy Apartments0.1Studio,1BA$660
The Manning1 Bedroom 1 Bathroom1BR,1BA$799
Northbend Townhomes1 Bedroom Flat1BR,1BA$823
Central LoftsJJ2BR,1BA$925
Ross Center Village2BR/1.0BA2BR,1BA$975
Colonial Manor Apartments2x1 R2BR,1BA$995
City Pointe2 Bedroom 1 Bath2BR,1BA$1,195
Washington Court1 Bedroom, 1 Bathroom1BR,1BA$1,339

Best Value Apartments for Rent in ACT, IN

As of May 31, 2026 the best value apartment in the ACT area is the $0.85 price per square foot 2BR/1.0BA Model at Ross Center Village in the in the Lincoln-Bellemeade neighborhood starting from $975. The second greatest value ACT apartment is the 213 Cherry St Model at 213 Cherry St, Unit Apt B starting at $1,295 with a $1.36 price per square foot in the Howell neighborhood. Here is today’s list of the best values for ACT apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Ross Center Village2BR/1.0BA2BR,1BA$0.85
213 Cherry St, Unit Apt B213 Cherry St2BR,1BA$1.36
City Pointe2 Bedroom 1 Bath2BR,1BA$1.33
Colonial Manor Apartments2x1 R2BR,1BA$1.15
The Manning2 Bedroom 1 Bathroom2BR,1BA$1.38
Washington Court2 Bedrooms, 1 Bathroom2BR,1BA$1.92
Central LoftsD2BR,1BA$1.48
Northbend Townhomes1 Bedroom Flat1BR,1BA$1.34
Embassy Apartments0.1Studio ,1BA$1.57

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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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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Best Local Schools in
Act, Evansville, IN

School data provided by Great Schools

Frequently Asked Questions about Cheap ACT Apartments

What is a cheap apartment in ACT?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in ACT is under $1,339.

What is the price of a cheap apartment in ACT?

The cheapest apartment in ACT is Embassy Apartments which is listed at $697, while the average apartment in ACT costs $1,309.

What types of apartments are the cheapest in ACT?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 8 regular apartments in ACT that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in ACT?

Cheap apartments in ACT have an average cost of $188 which is $1,121 cheaper than the average rent for all rentals in ACT.

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

decorative image for Neighborhood and Market Insights: How to Choose the Right Area to Rent article

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.

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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.

decorative image for Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts article

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.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

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.