
Cheap Apartments for Rent in the Ballard Neighborhood of Evansville, IN from $400 (73 Rentals)
Search the lowest-cost Apartments available for rent right now in the Ballard area of Evansville.


Embassy Apartments

416 Lodge Ave

918 W Louisiana St

1228 S Roosevelt Dr

307 SE 2nd St

309 E Virginia St

931 SE 8th St

The Manning

Market Street Apartments
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.

Total Monthly Price
606 Sunset Ave, Unit A

2423 2425-2425 N Kerth Ave

The Forge on Main

706 Court St

2603 Adams Ave

1817 N Evans Ave

1240 1242-1242 Negley Ave

2423-2425 Negley Ct

2317 N Fulton Ave

Central Lofts
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.

The Evansville Lofts

957 S Spring St

735 E Powell Ave

1430 Parrett St

Boeke Place

Chapel Court Apartments

1900 N Willow Rd

The Grove

Dexter Villa Apartments

Richardt Apartments
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

1215 Lodge Ave

1232-1234 E Sycamore St

300 E Michigan St

605 W Michigan St

406 Edgar St

1510 SE Riverside Dr

Kinway Apartments

The Rathbone Apartments

Donaldson Arms

INBFP Bradford Pointe
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.

1513 Lincoln Ave

708 SE 3rd St

2204 N 5th Ave

307 Ridgeway Ave

307 SE 2nd St

1021 Jefferson Ave

Wedgewood

1119 SE Riverside Dr

1916 Washington Ave

26 W Florida 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.
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 | $1,357 | $660 | $2,380 |
| Ballard 1 Bedroom Apartments | $1,376 | $600 | $2,535 |
| Ballard 2 Bedroom Apartments | $1,736 | $825 | $2,735 |
| Ballard 3 Bedroom Apartments | $1,471 | $1,309 | $1,579 |
Browse Apartments in this Neighborhood
There are currently 73 rentals with your search options within a 2 mile radius of the Ballard Neighborhood of Evansville, IN.
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Ballard, Evansville, IN Local Guide
- Nearby Evansville neighborhoods
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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 $660. 1510 SE Riverside Dr has the second lowest priced unit, which is a 2 Beds apartment currently listed from $700. 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 | $660 |
| 1510 SE Riverside Dr | 2BR/1.0BA | 2BR, 1BA | $700 |
| Wedgewood | Two Bedroom | 2BR, 1BA | $750 |
| The Manning | 1 Bedroom 1 Bathroom | 1BR, 1BA | $799 |
| Market Street Apartments | Studio Apartment Home in Historic Building | Studio, 1BA | $820 |
| 800 SE Second St | 1 Beds, 1 Baths | 1BR, 1BA | $825 |
| The Forge on Main | Studio | Studio, 1BA | $845 |
| Central Lofts | JJ | 2BR, 1BA | $925 |
| The Evansville Lofts | Cambridge Arms - 1 Bedroom 1 Bathroom | 1BR, 1BA | $964 |
Best Value Apartments for Rent in Ballard, IN
As of September 19, 2026 the best value apartment in the Ballard area is the $1.07 price per square foot 3BR/2.0BA Model at Sunset Tower in the ACT neighborhood starting from $1,600. The second greatest value Ballard apartment is the Model Model at Weinbach Manor Apartments in the Lincoln-Bellemeade neighborhood starting at $1,250 with a $1.04 price per square foot. 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. |
|---|---|---|---|
| Sunset Tower | 3BR/2.0BA | 3BR, 2BA | $1.07 |
| Weinbach Manor Apartments | Model | 2BR, 2BA | $1.04 |
| Wedgewood | Two Bedroom | 2BR, 1.5BA | $0.63 |
| The Audubon | The Audubon - 2 Bedrooms 1 Bathroom | 2BR, 1BA | $1.27 |
| Nabisco Building | Nabisco Building - 1 Bedroom 1 Bathroom | 1BR, 1BA | $1.42 |
| Washington Court | Washington Court - 1 Bedroom 1 Bathroom | 1BR, 1BA | $1.18 |
| Owen Block | Owen Block - 1 Bedroom 1 Bathroom | 1BR, 1BA | $1.08 |
| City Pointe | 2 Bedroom 1 Bath | 2BR, 1BA | $1.33 |
| The Manning | 2 Bedroom 1 Bathroom | 2BR, 1BA | $1.39 |
| 606 Sunset Ave, Unit A | 606 Sunset Ave | Studio, 1BA | $1.43 |
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 ArticleNavigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
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.
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 #18
Among cities in Indiana for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
2.5Pet Friendly
Best Local Schools in Ballard, Evansville, IN
Delaware Elementary School
Benjamin Bosse High School
School data provided by Great Schools
Frequently Asked Questions about Cheap Ballard Apartments
What is the Cheapest Studio apartment in Ballard?
Currently the most affordable Cheap Studio Apartment in Ballard is at Embassy Apartments listed at $660.
How much is rent for a Cheap One Bedroom Ballard Apartment?
The lowest price for a Cheap One Bedroom Ballard Apartment is $725 at 1510 SE Riverside Dr.
What is the lowest price for a Cheap Two Bedroom Ballard Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Ballard is starting from $700 at 1510 SE Riverside Dr.
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.

How Commercial-to-Residential Property Conversions Help the Housing Crisis
Written by: Robin Stewart
Many housing markets throughout America share a common complaint: a lack of affordable rental properties.

Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
Written by: Robin Stewart
Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.