1231 Culver Ave
EvansvilleIN47713
Cheap Homes for Rent in Downtown Evansville Neighborhood of Evansville, IN from $600 (13 Rentals)
Search the lowest-cost Homes available for rent right now in the Downtown Evansville area of Evansville.
649 E Oregon St
EvansvilleIN47711
1514 E Illinois St
EvansvilleIN47711
640 Jefferson Ave
EvansvilleIN47713
1133 Bayard Park Dr
EvansvilleIN47714
658 E Louisiana St
EvansvilleIN47711
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.
660 Taylor Ave
EvansvilleIN47713
1503 E Franklin St
EvansvilleIN47711
924 SE 6th St
EvansvilleIN47713
1509 E Illinois St
EvansvilleIN47711
1413 E Indiana St
EvansvilleIN47711
1330 SE 2nd St
EvansvilleIN47713
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.
115 Read St
EvansvilleIN47710
Showing Results 1-13, Page 1 of 1
Downtown Evansville, Evansville, IN Local Guide
How much does it cost to rent a home in Downtown Evansville?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Downtown Evansville 2 Bedroom Homes for Rent | $963 | $700 | $1,200 |
| Downtown Evansville 3 Bedroom Homes for Rent | $1,224 | $750 | $2,500 |
| Downtown Evansville 4 Bedroom Homes for Rent | $975 | $950 | $1,000 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Homes for Rent in this Neighborhood
There are currently 13 rentals with your search options within a 2 mile radius of the Downtown Evansville Neighborhood of Evansville, IN.
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Downtown Evansville, Evansville, IN Local Guide
- Nearby Evansville neighborhoods
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Cheapest Available Downtown Evansville Apartments for Rent
The cheapest available apartment rental in the Downtown Evansville area of Evansville, IN is a 2 Beds unit found at Bradford Pointe Apartments priced from $805. The Forge on Main has the second lowest priced unit, which is a Studio apartment currently listed from $813. Here are the most affordable Downtown Evansville apartments for rent in Evansville, IN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 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 |
| City Pointe | 2 Bedroom 1 Bath | 2BR,1BA | $1,195 |
| Washington Court | 1 Bedroom, 1 Bathroom | 1BR,1BA | $1,339 |
Best Value Apartments for Rent in Downtown Evansville, IN
As of April 27, 2026 the best value apartment in the Downtown Evansville area is the $1.33 price per square foot 2 Bedroom 1 Bath Model at City Pointe in the in the Lincoln-Bellemeade neighborhood starting from $1,195. The second greatest value Downtown Evansville apartment is the 2316 W Franklin St Model at 2316 W Franklin St, Unit B starting at $1,400 with a $1.56 price per square foot in the Howell neighborhood. Here is today’s list of the best values for Downtown Evansville apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| City Pointe | 2 Bedroom 1 Bath | 2BR,1BA | $1.33 |
| 2316 W Franklin St, Unit B | 2316 W Franklin St | 2BR,1BA | $1.56 |
| Post House | Ledger A | 1BR,1BA | $2.06 |
| Washington Court | 2 Bedrooms, 1 Bathroom | 2BR,1BA | $1.92 |
| Central Lofts | D | 2BR,1BA | $1.48 |
| The Forge on Main | One Bedroom A | 1BR,1BA | $1.47 |
| Bradford Pointe Apartments | INBFP 2x1 675sqft - Deluxe | 2BR,1BA | $1.34 |
| 616 SE 3rd St, Unit 2 | 616 SE 3rd St | 1BR,1BA | $2.00 |
| 2200 Haven Dr | 2200 Haven Dr | 1BR,1BA | $1.70 |
10 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 Article
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 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.
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Pet Friendly LifestyleDowntown Evansville, Evansville, IN
Ranked #28
Among cities in Indiana for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
2.5Pet Friendly
Best Local Schools in Downtown Evansville, Evansville, IN
Delaware Elementary School
Evansville Vanderburgh Sch Corp
Public School - Grades K-5 (338)
5 out of 10
Benjamin Bosse High School
Evansville Vanderburgh Sch Corp
Public School - Grades PK-12 (833)
2 out of 10
School data provided by Great Schools
Frequently Asked Questions about Downtown Evansville
What type of rentals are currently available in Downtown Evansville?
There are currently 177 Apartments for Rent in Downtown Evansville, IN with pricing that ranges from $500 to $3,420. There are also 40 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Evansville ranging from $625 to $2,500.
What is the current price range for Rental Homes in Downtown Evansville?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Downtown Evansville ranges from $625 to $2,500 with an average monthly rent of $990.
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
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.
18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.