
Cheap Homes for Rent in the Ballard Neighborhood of Evansville, IN from $500 (30 Rentals)
Search the lowest-cost Homes available for rent right now in the Ballard area of Evansville.


1231 Culver Ave

109 Welworth Ave

1228 S Roosevelt Dr

307 Ridgeway Ave

1916 Washington Ave

1021 Jefferson Ave
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.

640 Jefferson Ave

1901 Conlin Ave

408 Madison Ave

213 Taylor Ave

814 Taylor Ave

2167 E Powell Ave

924 SE 6th 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.

731 E Florida St

730 Covert Ave

2555 Stanley Ct

1516 E Illinois St

1315 N 3rd Ave

217 E Oregon St

1410 E Indiana St
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.

1506 Covert Ave

629 S Harlan Ave

2051 Covert Ave

504 Adams Ave

2114 Cass Ave

1330 SE 2nd St

1807 S Kerth Ave
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.

1413 E Illinois St

1753 Edson Ave
Ballard, Evansville, IN Local Guide

How much does it cost to rent a home in Ballard?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Ballard 2 Bedroom Homes for Rent | $1,019 | $750 | $1,500 |
| Ballard 3 Bedroom Homes for Rent | $1,118 | $800 | $1,450 |
| Ballard 4 Bedroom Homes for Rent | $1,147 | $1,000 | $1,295 |
Browse Homes for Rent in this Neighborhood
There are currently 30 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 1 Bed unit found at Embassy Apartments priced from $547. Bradford Pointe Apartments has the second lowest priced unit, which is a 2 Beds apartment currently listed from $725. Here are the most affordable Ballard apartments for rent in Evansville, IN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Embassy Apartments | 1.1 | 1BR,1BA | $547 |
| Bradford Pointe Apartments | INBFP 2x1 675sqft - Classic | 2BR,1BA | $725 |
| Wedgewood | Two Bedroom | 2BR,1BA | $750 |
| Market Street Apartments | Studio Apartment Home in Historic Building | Studio,1BA | $820 |
| The Forge on Main | Studio | Studio,1BA | $845 |
| The Manning | 1 Bedroom 1 Bathroom | 1BR,1BA | $849 |
| 800 SE Second St | 1 Beds, 1 Baths | 1BR,1BA | $903 |
| Central Lofts | JJ | 2BR,1BA | $925 |
| Ross Center Village | 2BR/1.0BA | 2BR,1BA | $950 |
| 1330 SE Second St | 1 Beds, 1 Baths | 1BR,1BA | $999 |
Best Value Apartments for Rent in Ballard, IN
As of August 05, 2026 the best value apartment in the Ballard area is the $0.63 price per square foot Two Bedroom Model at Wedgewood in the in the Lincoln-Bellemeade neighborhood starting from $750. The second greatest value Ballard apartment is the 2BR/1.0BA Model at Ross Center Village starting at $950 with a $0.83 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. |
|---|---|---|---|
| Wedgewood | Two Bedroom | 2BR,1.5BA | $0.63 |
| Ross Center Village | 2BR/1.0BA | 2BR,1BA | $0.83 |
| Nabisco Building | Nabisco Building - 1 Bedroom 1 Bathroom | 1BR,1BA | $1.34 |
| Owen Block | Owen Block - 1 Bedroom 1 Bathroom | 1BR,1BA | $1.22 |
| City Pointe | 2 Bedroom 1 Bath | 2BR,1BA | $1.33 |
| The Manning | 2 Bedroom 1 Bathroom | 2BR,1BA | $1.41 |
| Central Lofts | D | 2BR,1BA | $1.48 |
| Bradford Pointe Apartments | INBFP 2x1 675sqft - Deluxe | 2BR,1BA | $1.22 |
| The Forge on Main | Studio | Studio ,1BA | $1.55 |
| Embassy Apartments | 0.1 | Studio ,1BA | $1.48 |
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.
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 #29
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 Ballard
What type of rentals are currently available in Ballard?
There are currently 206 Apartments for Rent in Ballard, IN with pricing that ranges from $547 to $2,505. There are also 56 Single Family Homes for rent, Condos, and Townhome rentals currently available in Ballard ranging from $550 to $1,500.
What is the current price range for Rental Homes in Ballard?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Ballard ranges from $550 to $1,500 with an average monthly rent of $1,026.
How much are larger Three and Four Bedroom Rentals in Ballard?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Ballard range from $900 to $1,509, while Three Bedroom Homes, Condos, and Townhomes for rent range from $800 to $1,450. Four Bedroom Single-Family rentals are also available starting from $1,000 and Four Bedroom Apartments start at $1,595.
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.