
Cheap Homes for Rent in Ballard Neighborhood of Evansville, IN from $600 (16 Rentals)
Search the lowest-cost Homes available for rent right now in the Ballard area of Evansville.


1323 E Olive St

610 N Main St

1330 SE 2nd St

933 Stanley 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.

658 E Louisiana St

640 Jefferson Ave

1133 Bayard Park Dr

1509 E Illinois St

1503 E Franklin 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.

924 SE 6th St

2613 Cass Ave

2001 Stringtown Rd

118 S Weinbach Ave

1124 S Harlan Ave
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.

1023 Jefferson 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 | $957 | $700 | $1,200 |
| Ballard 3 Bedroom Homes for Rent | $1,408 | $800 | $2,950 |
| Ballard 4 Bedroom Homes for Rent | $1,248 | $1,000 | $1,495 |
| Ballard 6 Bedroom Homes for Rent | $2,295 | $2,295 | $2,295 |
Browse Homes for Rent in this Neighborhood
There are currently 16 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
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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 $685. The Manning has the second lowest priced unit, which is a 1 Bed apartment currently listed from $799. 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 | $685 |
| The Manning | 1 Bedroom 1 Bathroom | 1BR,1BA | $799 |
| Bradford Pointe Apartments | INBFP 2x1 675sqft - Classic | 2BR,1BA | $805 |
| The Forge on Main | Studio A | Studio,1BA | $813 |
| Central Lofts | JJ | 2BR,1BA | $925 |
Best Value Apartments for Rent in Ballard, IN
As of May 06, 2026 the best value apartment in the Ballard 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 Ballard apartment is the 2 Bedroom 1 Bath Model at City Pointe starting at $1,195 with a $1.33 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. |
|---|---|---|---|
| Ross Center Village | 2BR/1.0BA | 2BR,1BA | $0.85 |
| City Pointe | 2 Bedroom 1 Bath | 2BR,1BA | $1.33 |
| Colonial Manor Apartments | 2x1 R | 2BR,1BA | $1.15 |
| The Manning | 2 Bedroom 1 Bathroom | 2BR,1BA | $1.38 |
| Washington Court | 2 Bedrooms, 1 Bathroom | 2BR,1BA | $1.92 |
| Central Lofts | D | 2BR,1BA | $1.48 |
| Bradford Pointe Apartments | INBFP 2x1 675sqft - Deluxe | 2BR,1BA | $1.34 |
| The Forge on Main | Studio A | Studio ,1BA | $1.42 |
| 2200 Haven Dr | 2200 Haven Dr | 1BR,1BA | $1.70 |
| Embassy Apartments | 0.1 | Studio ,1BA | $1.63 |
A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Learn the property manager's true secrets to a zero-deduction move-out. Use this step-by-step guide on documentation, cleaning, and lease-reading to reclaim your security deposit.
Read Article10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
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
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleCash 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.
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 #22
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 192 Apartments for Rent in Ballard, IN with pricing that ranges from $575 to $3,420. There are also 42 Single Family Homes for rent, Condos, and Townhome rentals currently available in Ballard ranging from $625 to $2,950.
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 $625 to $2,950 with an average monthly rent of $1,338.
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

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.

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.

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.

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.