Cheap Homes for Rent in Ballard Neighborhood of Evansville, IN from $400 (31 Rentals)

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Search the lowest-cost Homes available for rent right now in the Ballard area of Evansville.

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.

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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.

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Cash 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.

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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.

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property at 1313 East Walnut

$1,000

Total Monthly Price

Total Monthly Price

Base Rent
$1,000
Total Monthly Price
$1,000

3 Bedroom, 2 Bath Home for Rent

Available Now

1313 East Walnut

EvansvilleIN47714
Showing Results 1-31, Page 1 of 1

Ballard, Evansville, IN Local Guide

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. 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 ListingModel NameBed/BathPriced From
Embassy Apartments0.1Studio,1BA$660
Bradford Pointe ApartmentsINBFP 2x1 675sqft - Classic2BR,1BA$725
WedgewoodTwo Bedroom2BR,1BA$750
The Rathbone Apartments1bed, 1 bath1BR,1BA$795
The Manning1 Bedroom 1 Bathroom1BR,1BA$799
Forge on MainStudioStudio,1BA$813
Market Street ApartmentsStudio Apartment Home in Historic BuildingStudio,1BA$820
800 SE Second St1 Beds, 1 Baths1BR,1BA$903
Central LoftsJJ2BR,1BA$925
1330 SE Second St2 Beds, 1 Baths2BR,1BA$995

Best Value Apartments for Rent in Ballard, IN

As of June 20, 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 3 Bedroom 1.5 Bath Model at City Pointe starting at $1,499 with a $1.30 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 ListingModel NameBed/BathPrice Per Sq.Ft.
WedgewoodTwo Bedroom2BR,1.5BA$0.63
City Pointe3 Bedroom 1.5 Bath3BR,1.5BA$1.30
Nabisco Building1 Bedroom, 1 Bathroom1BR,1BA$1.45
213 Cherry St, Unit Apt B213 Cherry St2BR,1BA$1.31
Colonial Manor Apartments2X12BR,1BA$1.15
The Manning2 Bedroom 1 Bathroom2BR,1BA$1.31
Central LoftsD2BR,1BA$1.48
Bradford Pointe ApartmentsINBFP 2x1 675sqft - Deluxe2BR,1BA$1.22
1330 SE Second St2 Beds, 1 Baths2BR,1BA$1.57
Forge on MainStudioStudio ,1BA$1.42

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.

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Real 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.

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Quick 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.

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Pet Friendly Lifestyle
Ballard, Evansville, IN

Ranked #17

Among cities in Indiana for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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Best Local Schools in
Ballard, Evansville, IN

School data provided by Great Schools

Frequently Asked Questions about Ballard

What type of rentals are currently available in Ballard?

There are currently 204 Apartments for Rent in Ballard, IN with pricing that ranges from $525 to $3,420. There are also 58 Single Family Homes for rent, Condos, and Townhome rentals currently available in Ballard ranging from $450 to $4,800.

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 $450 to $4,800 with an average monthly rent of $1,715.

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

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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.

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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

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Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.