
Cheap Apartments for Rent in the Glenwood Neighborhood of Evansville, IN from $400 (32 Rentals)
Search the lowest-cost Apartments available for rent right now in the Glenwood area of Evansville.


742 E Chandler Ave

1427 Culver Dr

309 Chandler Ave

101 SE 2nd St

307 SE 2nd St

507 S Evans Ave

2104 Lincoln Ave, Unit A
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.

1500 S Harlan Ave

Colonial Manor Apartments

329 Taylor Ave

931 SE 8th St

1430 Parrett St

The Grove

1231 Culver Ave

Kinway Apartments
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.

Donaldson Arms

1609 Rheinhardt Ave

Wedgewood

Woodland Park Apartments

The Rathbone Apartments

1021 Jefferson Ave

640 Jefferson Ave

1133 Bayard Park Dr
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.

213 Taylor Ave

Legacy Commons

924 SE 6th St

715 E Riverside Dr

800 SE Second St

1330 SE Second St

1330 SE 2nd St

1807 S Kerth 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.
Glenwood, Evansville, IN Local Guide

How much does it cost to rent an apartment in Glenwood?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Glenwood Studio Apartments | $1,721 | $1,184 | $2,350 |
| Glenwood 1 Bedroom Apartments | $1,530 | $645 | $3,420 |
| Glenwood 2 Bedroom Apartments | $1,823 | $675 | $2,600 |
| Glenwood 3 Bedroom Apartments | $1,447 | $1,395 | $1,499 |
Browse Apartments in this Neighborhood
There are currently 32 rentals with your search options within a 2 mile radius of the Glenwood Neighborhood of Evansville, IN.
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Glenwood, Evansville, IN Local Guide
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Cheapest Available Glenwood Apartments for Rent
 The cheapest available apartment rental in the Glenwood area of Evansville, IN is a 2 Beds unit found at Wedgewood priced from $750. The Rathbone Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $795. Here are the most affordable Glenwood apartments for rent in Evansville, IN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Wedgewood | Two Bedroom | 2BR,1BA | $750 |
| The Rathbone Apartments | 1bed, 1 bath | 1BR,1BA | $795 |
| 800 SE Second St | 1 Beds, 1 Baths | 1BR,1BA | $903 |
| 1330 SE Second St | 2 Beds, 1 Baths | 2BR,1BA | $995 |
| Colonial Manor Apartments | 2x1 R | 2BR,1BA | $995 |
| Washington Court | 1 Bedroom, 1 Bathroom | 1BR,1BA | $1,339 |
| City Pointe | 3 Bedroom 1.5 Bath | 3BR,1BA | $1,499 |
Best Value Apartments for Rent in Glenwood, IN
As of June 22, 2026 the best value apartment in the Glenwood 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 Glenwood 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 Glenwood apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Wedgewood | Two Bedroom | 2BR,1.5BA | $0.63 |
| City Pointe | 3 Bedroom 1.5 Bath | 3BR,1.5BA | $1.30 |
| 213 Cherry St, Unit Apt B | 213 Cherry St | 2BR,1BA | $1.31 |
| Colonial Manor Apartments | 2X1 | 2BR,1BA | $1.15 |
| Washington Court | 2 Bedrooms, 1 Bathroom | 2BR,1BA | $1.92 |
| 1330 SE Second St | 2 Beds, 1 Baths | 2BR,1BA | $1.57 |
| The Rathbone Apartments | 1bed, 1 bath | 1BR,1BA | $1.99 |
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 ArticleReal 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.
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.
Best Local Schools in Glenwood, Evansville, IN
Fairlawn Elementary School
Benjamin Bosse High School
Glenwood Leadership Academy
School data provided by Great Schools
Frequently Asked Questions about Cheap Glenwood Apartments
How much is rent for a Cheap One Bedroom Glenwood Apartment?
The lowest price for a Cheap One Bedroom Glenwood Apartment is $795 at The Rathbone Apartments.
What is the lowest price for a Cheap Two Bedroom Glenwood Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Glenwood is starting from $750 at Wedgewood.
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

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.

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.

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.

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.