Cheap Apartments for Rent in the East Evansville Neighborhood of Evansville, IN from $400 (72 Rentals)

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Search the lowest-cost Apartments available for rent right now in the East Evansville area of Evansville.

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.

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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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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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.

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1430 Parrett St
1 to 2 Bedroom Apartments

1430 Parrett St

1430 Parrett StEvansville, IN 47713
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Boeke Place
1 Bedroom Apartments

Boeke Place

1401 S Boeke RdEvansville, IN 47714
  • Utilities Included
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1 Bedroom Apartments

None

3901 Bellemeade AveEvansville, IN 47715
  • Utilities Included

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

East Evansville, Evansville, IN Local Guide

Cheapest Available East Evansville Apartments for Rent

 

The cheapest available apartment rental in the East Evansville area of Evansville, IN is a 1 Bed unit found at SPRING VALLEY FLATS priced from $599. Embassy Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $685. Here are the most affordable East Evansville apartments for rent in Evansville, IN:

Apartment ListingModel NameBed/BathPriced From
SPRING VALLEY FLATSThe Redbud1BR,1BA$599
Embassy Apartments0.1Studio,1BA$685
Princeton Court1 Bed 1 Bath1BR,1BA$710
WedgewoodTwo Bedroom2BR,1BA$715
Devonshire Gardens I & IIII 1 Bed 1 Bath B1BR,1BA$750
Addison PlaceWindsor2BR,1BA$799
Abbey Court ApartmentsCambridge1BR,1BA$799
The Timbers ApartmentsThe Oak 1 BR 1 BA1BR,1BA$799
The Forge on MainStudio AStudio,1BA$800
Dalehaven EstatesPrincess1BR,1BA$840

Best Value Apartments for Rent in East Evansville, IN

As of November 23, 2025 the best value apartment in the East Evansville area is the $1.08 price per square foot 2BR/2.0BA Model at Sunset Tower in the in the ACT neighborhood starting from $1,350. The second greatest value East Evansville apartment is the 2BR/2.0BA Model at Apartments@41 starting at $1,350 with a $1.11 price per square foot in the Business 41 neighborhood. Here is today’s list of the best values for East Evansville apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Sunset Tower2BR/2.0BA2BR,2BA$1.08
Apartments@412BR/2.0BA2BR,2BA$1.11
WedgewoodTwo Bedroom2BR,1.5BA$0.60
Village GreenMulberry Premium2BR,1BA$1.02
Hornbrook Estates ApartmentsTwo Bedroom One Bathroom2BR,1BA$1.04
Indian WoodsThe Oak2BR,1BA$1.15
1619 S Green River Rd, Unit 16191619 S Green River Rd2BR,1BA$1.05
Colonial Manor Apartments2x1 R2BR,1BA$1.09
Heathmoore - Evansville2 Bed 1 Bath2BR,1BA$1.02
Naveen Pine ApartmentsCozy Two Bedroom Apartment Home2BR,1BA$1.12

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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The 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.

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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
East Evansville, Evansville, IN

Ranked #1

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

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Lifestyle Ratings

ApartmentHomeLiving brings you our detailed rental search system called 'Lifestyle ratings', composed of neighborhoods, cities and towns, and rental properties across Indiana and customized analysis for Central Evansville. LifeStyle Ratings are a useful tool for comparing and sorting apartments and neighborhoods when choosing your rental home. This takes in many factors including our Star Ratings to compare for outdoor amenities like tennis courts, luxury amenities, kid and pet-friendly communities, availability of transit options, and more. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!

Getting Around the East Evansville Neighborhood in Evansville, IN

Walk Score®

46 / 100

Car-Dependent

Most errands require a car

Bike Score®

40 / 100

Somewhat Bikeable

Minimal bike infrastructure

Frequently Asked Questions about Cheap East Evansville Apartments

What is a cheap apartment in East Evansville?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in East Evansville is under $840.

What is the price of a cheap apartment in East Evansville?

The cheapest apartment in East Evansville is SPRING VALLEY FLATS which is listed at $599, while the average apartment in East Evansville costs $1,562.

What types of apartments are the cheapest in East Evansville?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 9 regular apartments in East Evansville that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in East Evansville?

Cheap apartments in East Evansville have an average cost of $662 which is $900 cheaper than the average rent for all rentals in East Evansville.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

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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.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.