
Cheap Apartments for Rent in the Ballard Neighborhood of Evansville, IN from $400 (21 Rentals)
Search the lowest-cost Apartments available for rent right now in the Ballard area of Evansville.


Embassy Apartments

2175 E Columbia St, Unit 2191

507 S Evans Ave

920 Lincoln Ave

610 Taylor Ave

101 SE 2nd St
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.

2326 Vogel Rd

1326 E Olive St

800 Line St

2411-2413 Joan Pl

The Forge on Main
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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.
Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
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Ballard, Evansville, IN Local Guide

How much does it cost to rent an apartment in Ballard?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Ballard Studio Apartments | $1,470 | $635 | $1,999 |
| Ballard 1 Bedroom Apartments | $1,161 | $600 | $3,240 |
| Ballard 2 Bedroom Apartments | $1,288 | $700 | $2,514 |
| Ballard 3 Bedroom Apartments | $1,414 | $945 | $1,795 |
Browse Apartments in this Neighborhood
There are currently 21 rentals with your search options within a 2 mile radius of the Ballard Neighborhood of Evansville, IN.
See all Apartments in EvansvilleExplore Evansville
Ballard, Evansville, IN Local Guide
- Nearby Evansville neighborhoods
- Nearby Cities
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- Local Counties
- School Districts
Cheapest Available Ballard Apartments for Rent
 The cheapest available apartment rental in the Ballard area of Evansville, IN is a Studio unit found at Embassy Apartments priced from $635. Wedgewood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $715. Here are the most affordable Ballard apartments for rent in Evansville, IN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Embassy Apartments | 0.1 | Studio,1BA | $635 |
| Wedgewood | Two Bedroom | 2BR,1BA | $715 |
| The Forge on Main | Studio A | Studio,1BA | $800 |
| Market Street Apartments | Studio Apartment Home in Historic Building | Studio,1BA | $865 |
| Colonial Manor Apartments | 2x1 R | 2BR,1BA | $907 |
Best Value Apartments for Rent in Ballard, IN
As of October 25, 2025 the best value apartment in the Ballard area is the $1.43 price per square foot 2 Bedrooms, 2 Bathrooms Model at Nabisco Building in the in the Howell neighborhood starting from $1,989. The second greatest value Ballard apartment is the Two Bedroom Model at Wedgewood starting at $715 with a $0.60 price per square foot in the Lincoln-Bellemeade neighborhood. Here is today’s list of the best values for Ballard apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Nabisco Building | 2 Bedrooms, 2 Bathrooms | 2BR,2BA | $1.43 |
| Wedgewood | Two Bedroom | 2BR,1.5BA | $0.60 |
| The Rathbone Apartments | 2 Bedroom Unfurnished | 2BR,1BA | $1.07 |
| City Pointe | 2 Bedroom 1 Bath | 2BR,1BA | $1.30 |
| Owen Block | 1 Bedroom, 1 Bathroom | 1BR,1BA | $1.33 |
| Colonial Manor Apartments | 2x1 R | 2BR,1BA | $1.05 |
| Legacy Commons | 1 BEDROOM | 1BR,1BA | $1.29 |
| The Manning | 1 Bedroom 1 Bathroom | 1BR,1BA | $1.45 |
| 2175 E Columbia St, Unit 2191 | 2175 E Columbia St | 1BR,1BA | $1.08 |
| The Forge on Main | Studio A | Studio ,1BA | $1.40 |
Apartment Common Area Rules: What Renters Need to Know
From the lounge to the laundry room, understand your rights and responsibilities in shared apartment spaces. Get tips on pet rules, noise, and security.
Read ArticleDon'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 ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
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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.
Pet Friendly LifestyleBallard, Evansville, IN
Ranked #38
Among cities in Indiana for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.5Pet Friendly
Best Local Schools in Ballard, Evansville, IN
Delaware Elementary School
Benjamin Bosse High School
School data provided by Great Schools
Getting Around the Ballard Neighborhood in Evansville, IN
Walk Score®
57 / 100
Somewhat Walkable
Some errands can be accomplished on foot
Bike Score®
53 / 100
Bikeable
Some 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 Ballard Apartments
What is a cheap apartment in Ballard?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Ballard is under $999.
What is the price of a cheap apartment in Ballard?
The cheapest apartment in Ballard is Embassy Apartments which is listed at $697, while the average apartment in Ballard costs $1,899.
What types of apartments are the cheapest in Ballard?
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 4 regular apartments in Ballard 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 Ballard?
Cheap apartments in Ballard have an average cost of $109 which is $1,790 cheaper than the average rent for all rentals in Ballard.
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.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!

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.








