
Cheap Apartments for Rent in Evansville, IN from $300 (74 Rentals)
Search the lowest-cost Apartments available for rent right now in Evansville.


Village Green

320 N Morton Ave

1222 N 2nd Ave

Fielding Court

1018 Washington Ave

818 S Barker Ave

500 E Franklin St

Embassy Apartments

929 Stanley Ave

750 E Delaware St

1205-1207 MacArthur Cir

SPRING VALLEY FLATS

Heathmoore - Evansville

Devonshire Gardens I & II

2716 Stringtown Rd

2024 Lincoln Ave

Addison Place

313 E Franklin St

Foxfire West Apartments

518 E Illinois St

The Manning

Naveen Pine Townhomes

Woodbridge Place

218 E Michigan St

The Forge on Main

101 SE 2nd St

North Park

Abbey Court Apartments

The Timbers Apartments

1407 Fountain Ave

Market Street Apartments

1419 Cumberland Ave

Bryce De Moray

Sugar Mill Creek

Lakewood Flats

Copper Creek Townhomes

Mission Viejo Villas
Evansville, IN Local Guide

How much does it cost to rent an apartment in Evansville?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Cheap Evansville Studio Apartments | $1,238 | $550 | $1,999 |
Cheap Evansville 1 Bedroom Apartments | $1,048 | $538 | $2,179 |
Cheap Evansville 2 Bedroom Apartments | $1,264 | $637 | $4,399 |
Cheap Evansville 3 Bedroom Apartments | $1,459 | $728 | $2,160 |
Cheap Evansville 4 Bedroom Apartments | $900 | $580 | $1,799 |
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Evansville, IN Local Guide

- Evansville Neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Neighborhoods for Apartments in Evansville, IN
Pricing Updated: 07/30/2025Current apartment rentals in the Evansville, IN area range in price from $538 to $4,399 with an overall median price of $1,519. The three Evansville neighborhoods with the lowest median rent pricing are Garvinwood at $550, Lorraine Park at $538, and Presidents at $550. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Evansville Apartments for rent:
Neighborhood | Median Price | Min Price | Available Units |
---|---|---|---|
Garvinwood | $1,097 | $550 | 49 |
Lorraine Park | $1,140 | $538 | 52 |
Presidents | $1,159 | $550 | 37 |
University South | $1,159 | $550 | 38 |
Gum Bayard Park Chandler | $1,187 | $538 | 56 |
Rosedale South | $1,195 | $550 | 45 |
Willemette | $1,195 | $550 | 37 |
Spring Park | $1,215 | $538 | 49 |
Dexter | $1,235 | $538 | 53 |
Eastview | $1,235 | $538 | 48 |
Cheapest Available Evansville Apartments for Rent
 The cheapest available apartment rental in Evansville, IN is a Studio unit found at Embassy Apartments in the Lincoln-Bellemeade neighborhood priced from $680. Anchor Court Apartments in the Howell neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $690. Here is today’s list of the most affordable Evansville apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Embassy Apartments | 0.1 | Studio,1BA | $680 |
Anchor Court Apartments | 1BR/1.0BA | 1BR,1BA | $690 |
SPRING VALLEY FLATS | The Redbud | 1BR,1BA | $695 |
Princeton Court | 1 Bed 1 Bath | 1BR,1BA | $700 |
Heathmoore - Evansville | 1 Bed 1 Bath | 1BR,1BA | $700 |
Addison Place | Windsor | 1BR,1BA | $720 |
Foxfire West Apartments | 1 Bedroom 1 Bath Fireplace | 1BR,1BA | $775 |
Devonshire Gardens I & II | II 1 Bed 1 Bath C | 1BR,1BA | $800 |
The Forge on Main | Studio A | Studio,1BA | $800 |
Abbey Court Apartments | Liverpool | 1BR,1BA | $860 |
Best Value Apartments for Rent in Evansville, IN
As of July 30, 2025 the best value apartment in the Evansville area is the $1.13 price per square foot 3BR/2.0BA Model at Sunset Tower in the in the ACT neighborhood starting from $1,700. The second greatest value Evansville apartment is the 2BR/2.0BA Model at Apartments@41 starting at $1,400 with a $1.15 price per square foot in the Business 41 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. |
---|---|---|---|
Sunset Tower | 3BR/2.0BA | 3BR,2BA | $1.13 |
Apartments@41 | 2BR/2.0BA | 2BR,2BA | $1.15 |
Eagle Village | 4BR/2BA - Furnished | 4BR,2BA | $0.50 |
Indian Woods | The Maple | 2BR,2BA | $1.18 |
North Park | Berkshire | 2BR,1.5BA | $1.12 |
Naveen Pine Apartments | Cozy Two Bedroom Apartment Home | 2BR,1BA | $1.12 |
Mission Viejo Villas | B- Barcelona | 1BR,1BA | $1.13 |
Abbey Court Apartments | Liverpool | 1BR,1BA | $1.06 |
Village Green | Cedar Premium | 1BR,1BA | $1.15 |
Addison Place | Windsor | 1BR,1BA | $1.09 |
Quick Rent Budget Calculator
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Evansville Overview
Evansville, Indiana is one of the most unique and culturally diverse cities on the map. Located along the Ohio River, this port town is a commercial and cultural hub, serving neighboring states for over 80 years. Boasting a population of just under 120,000 people, Evansville has everything a large city could offer, without losing that small town feel. Plenty of options in affordable Evansville apartments available to locals makes this a popular midwest destination.
Why live in Evansville, IN?
Whether you’re in the mood for jazz, rock, hip-hop, or news/talk, there is always something on the airwaves to please your ears. Courier & Press, part of the USA Today network, is the official newspaper and is always there to serve your local and national news needs.
Evansville, INPopulation: 117,963
Ranked #242
in US Census Population by City
Best Local Schools in Evansville, IN
Cynthia Heights Elementary School
Perry Heights Middle School
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
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Getting Around Evansville, IN
Walk Score®
43 / 100
Car-Dependent
Most errands require a car
Bike Score®
42 / 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.
Evansville, IN Area Reviews
Frequently Asked Questions about Cheap Evansville Apartments
What is a cheap apartment in Evansville?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Evansville is under $860.
What is the price of a cheap apartment in Evansville?
The cheapest apartment in Evansville is Fairway Plaza which is listed at $615, while the average apartment in Evansville costs $1,519.
What types of apartments are the cheapest in Evansville?
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 253 regular apartments in Evansville 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 Evansville?
Cheap apartments in Evansville have an average cost of $252 which is $1,267 cheaper than the average rent for all rentals in Evansville.
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.

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.

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.