Cheap Homes for Rent in Downtown Evansville Neighborhood of Evansville, IN from $600 (15 Rentals)

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

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Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

Cheapest Available Downtown Evansville Apartments for Rent

 

The cheapest available apartment rental in the Downtown Evansville area of Evansville, IN is a Studio unit found at The Forge on Main priced from $800. Bradford Pointe Apartments has the second lowest priced unit, which is a 2 Beds apartment currently listed from $805. Here are the most affordable Downtown Evansville apartments for rent in Evansville, IN:

Apartment ListingModel NameBed/BathPriced From
The Forge on MainStudio AStudio,1BA$800
Bradford Pointe ApartmentsINBFP 2x1 675sqft - Classic2BR,1BA$805
WedgewoodTwo Bedroom2BR,1BA$850
Market Street ApartmentsStudio Apartment Home in Historic BuildingStudio,1BA$865
Central LoftsJJ2BR,1BA$925

Best Value Apartments for Rent in Downtown Evansville, IN

As of January 23, 2026 the best value apartment in the Downtown Evansville area is the $1.03 price per square foot 3BR/2.0BA Model at Sunset Tower in the in the ACT neighborhood starting from $1,600. The second greatest value Downtown Evansville apartment is the Two Bedroom Model at Wedgewood starting at $850 with a $0.71 price per square foot in the Lincoln-Bellemeade neighborhood. Here is today’s list of the best values for Downtown Evansville apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Sunset Tower3BR/2.0BA3BR,2BA$1.03
WedgewoodTwo Bedroom2BR,1.5BA$0.71
City Pointe2 Bedroom 1 Bath2BR,1BA$1.30
Post HouseLedger1BR,1BA$2.03
Washington Court2 Bedrooms, 1 Bathroom2BR,1BA$1.92
Central LoftsD2BR,1BA$1.48
Bradford Pointe ApartmentsINBFP 2x1 675sqft - Classic2BR,1BA$1.19
The Forge on MainStudio AStudio ,1BA$1.40
2200 Haven Dr, Unit B2200 Haven Dr1BR,1BA$1.70
Market Street ApartmentsStudio Apartment Home in Historic BuildingStudio ,1BA$2.16

Frequently Asked Questions about Downtown Evansville

What type of rentals are currently available in Downtown Evansville?

There are currently 188 Apartments for Rent in Downtown Evansville, IN with pricing that ranges from $550 to $3,245. There are also 61 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Evansville ranging from $625 to $1,575.

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 $1,575 with an average monthly rent of $1,031.

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

decorative image for 18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property article

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.

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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.