
Cheap Homes for Rent in Evansville, IN from $500 (19 Rentals)
Search the lowest-cost Homes available for rent right now in Evansville.


1100 Washington Ave

613 Monroe Ave
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.

313 Maxwell Ave

1204 N First Ave

1513 Lincoln Ave

714 E Columbia St

640 Jefferson Ave

665 St Mary's Dr

421 Van Ness 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.

317 S Grand Ave

740 E Delaware St

1135 S Harlan Ave

400 Richardt Ave
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.

715 E Riverside Dr

1136 Jefferson Ave

2240 Margybeth Ave

1121 S Dexter Ave
Evansville, IN Local Guide

How much does it cost to rent a home in Evansville?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Evansville 2 Bedroom Homes for Rent | $1,300 | $650 | $3,500 |
Evansville 3 Bedroom Homes for Rent | $1,437 | $800 | $2,400 |
Evansville 4 Bedroom Homes for Rent | $1,919 | $1,000 | $2,550 |
Evansville 5 Bedroom Homes for Rent | $2,245 | $1,095 | $3,395 |
Browse Top Homes for Rent in Evansville
Explore Evansville
Evansville, IN Local Guide
- Evansville Neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Neighborhoods for Apartments in Evansville, IN
Pricing Updated: 09/08/2025Current apartment rentals in the Evansville, IN area range in price from $550 to $4,399 with an overall median price of $1,663. The three Evansville neighborhoods with the lowest median rent pricing are Dexter at $550, Eastview at $550, and Kathleen Jeannette at $565. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Evansville Apartments for rent:
Neighborhood | Median Price | Min Price | Available Units |
---|---|---|---|
Dexter | $1,275 | $550 | 89 |
Eastview | $1,275 | $550 | 80 |
Kathleen Jeannette | $1,275 | $565 | 80 |
Ross Center | $1,275 | $550 | 85 |
Poplar Grove | $1,310 | $610 | 61 |
Spring Park | $1,315 | $550 | 75 |
Jeannette | $1,430 | $565 | 89 |
Diamond Stringtown | $1,445 | $600 | 38 |
ACT | $1,450 | $550 | 45 |
Hoosier Cullen | $1,479 | $565 | 124 |
Cheapest Available Evansville Apartments for Rent
 The cheapest available apartment rental in Evansville, IN is a Studio unit found at Embassy Apartments in the Lincoln-Bellemeade neighborhood priced from $685. SPRING VALLEY FLATS in the Oakhill neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $695. Here is today’s list of the most affordable Evansville apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Embassy Apartments | 0.1 | Studio,1BA | $685 |
SPRING VALLEY FLATS | The Dogwood | 1BR,1BA | $695 |
Heathmoore - Evansville | 1 Bed 1 Bath | 1BR,1BA | $700 |
Devonshire Gardens I & II | II 1 Bed 1 Bath A | 1BR,1BA | $700 |
Princeton Court | 1 Bed 1 Bath | 1BR,1BA | $710 |
Best Value Apartments for Rent in Evansville, IN
As of September 08, 2025 the best value apartment in the Evansville area is the $1.04 price per square foot 2BR/2.0BA Model at Sunset Tower in the in the ACT neighborhood starting from $1,295. The second greatest value Evansville apartment is the 2BR/2.0BA Model at Apartments@41 starting at $1,295 with a $1.06 price per square foot in the Business 41 neighborhood. Here is today’s list of the best values for Evansville apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Sunset Tower | 2BR/2.0BA | 2BR,2BA | $1.04 |
Apartments@41 | 2BR/2.0BA | 2BR,2BA | $1.06 |
Eagle Village | 4BR/2BA - Furnished | 4BR,2BA | $0.50 |
403 S Lincoln Park Dr, Unit 403 | 403 S Lincoln Park Dr | 2BR,1BA | $1.08 |
The Rathbone Apartments | 2 Bedroom Unfurnished | 2BR,1BA | $1.07 |
Liv at Locust Creek | Dresden | 2BR,1.5BA | $1.09 |
North Park | Berkshire | 2BR,1.5BA | $1.12 |
Lakewood Flats | 1 Bedroom Deluxe | 1BR,1BA | $0.99 |
2453 W Franklin St, Unit B | 2453 W Franklin St | 1BR,1BA | $1.01 |
Abbey Court Apartments | Cambridge | 1BR,1BA | $1.12 |
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Evansville, INPopulation: 117,963
Ranked #242
in US Census Population by City
Best Local Schools in Evansville, IN
Cynthia Heights Elementary School
Francis Joseph Reitz High School
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
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See the most popular apartments and homes in Evansville, IN
Evansville, IN Area Reviews
Frequently Asked Questions about Evansville
What type of rentals are currently available in Evansville?
There are currently 321 Apartments for Rent in Evansville, IN with pricing that ranges from $550 to $4,399. There are also 88 Single Family Homes for rent, Condos, and Townhome rentals currently available in Evansville ranging from $550 to $3,500.
What is the current price range for Rental Homes in Evansville?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Evansville ranges from $550 to $3,500 with an average monthly rent of $1,531.
How much are larger Three and Four Bedroom Rentals in Evansville?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Evansville range from $900 to $2,600, while Three Bedroom Homes, Condos, and Townhomes for rent range from $800 to $2,400. Four Bedroom Single-Family rentals are also available starting from $1,000 and Four Bedroom Apartments start at $580.
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.

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.

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Written by: Christine Leonard, Esq.
Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Written by: Christine Leonard, Esq.
Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.