Cheap Homes for Rent in Evansville, IN from $600 (70 Rentals)

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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.

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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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The Art of the Rental Viewing: What to look for during a property tour

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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property at 1207 Culver Dr

$985

2 Bedroom, 1 Bath Condo for Rent

Available Feb 1

1207 Culver Dr

EvansvilleIN47713

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.

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Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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Evansville, IN Local Guide

Cheapest Neighborhoods for Apartments in Evansville, IN

Pricing Updated: 01/23/2026

Current apartment rentals in the Evansville, IN area range in price from $550 to $4,449 with an overall median price of $1,605. The three Evansville neighborhoods with the lowest median rent pricing are Willemette at $599, Diamond Stringtown at $550, and Garvinwood at $550. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Evansville Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Willemette$1,195$59951
Diamond Stringtown$1,249$55058
Garvinwood$1,325$55091
Gum Bayard Park Chandler$1,325$55594
Kathleen Jeannette$1,325$55573
Rosedale South$1,325$55093
Ross Center$1,325$55587
Spring Park$1,325$55590
ACT$1,369$55565
Dexter$1,369$555101

Cheapest Available Evansville Apartments for Rent

 

The cheapest available apartment rental in Evansville, IN is a 1 Bed unit found at Embassy Apartments in the Lincoln-Bellemeade neighborhood priced from $555. SPRING VALLEY FLATS in the Oakhill neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $599. Here is today’s list of the most affordable Evansville apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Embassy Apartments1.11BR,1BA$555
SPRING VALLEY FLATSThe Redbud1BR,1BA$599
Fairway Plaza1 Bedroom1BR,1BA$640
Valoré at Hidden HillsThe Dogwood - One Bedroom Apartment Home1BR,1BA$650
TERRA TRACEThe Dogwood1BR,1BA$699
Heathmoore - Evansville1 Bed 1 Bath1BR,1BA$700
Princeton Court1 Bed 1 Bath1BR,1BA$710
Shady Tree ApartmentsThe Elm1BR,1BA$745
Addison PlaceWindsor1BR,1BA$750
North ParkMcCallister1BR,1BA$775

Best Value Apartments for Rent in Evansville, IN

As of January 23, 2026 the best value apartment in the 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 Evansville apartment is the 4BR/2BA - Furnished Model at Eagle Village - Historical Access starting at $565 with a $0.47 price per square foot in the Evansville West Side neighborhood. Here is today’s list of the best values for Evansville apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Sunset Tower3BR/2.0BA3BR,2BA$1.03
Eagle Village - Historical Access4BR/2BA - Furnished4BR,2BA$0.47
WedgewoodTwo Bedroom2BR,1.5BA$0.71
Devonshire Gardens I & II2 Bed 2 Bath A2BR,2BA$1.01
1619 S Green River Rd, Unit 16191619 S Green River Rd2BR,1BA$1.05
North ParkBerkshire2BR,1.5BA$1.11
Abbey Court ApartmentsLondon2BR,1BA$1.13
Mission Viejo VillasB- Barcelona1BR,1BA$1.16
Fairway Plaza1 Bedroom1BR,1BA$0.91
Addison PlaceWindsor1BR,1BA$1.14

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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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.

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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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Evansville, IN

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Evansville, IN Rentals by Map

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Evansville, IN Area Reviews

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Frequently Asked Questions about Evansville

What type of rentals are currently available in Evansville?

There are currently 331 Apartments for Rent in Evansville, IN with pricing that ranges from $550 to $4,449. There are also 127 Single Family Homes for rent, Condos, and Townhome rentals currently available in Evansville ranging from $625 to $4,500.

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 $625 to $4,500 with an average monthly rent of $1,563.

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 $950 to $2,311, while Three Bedroom Homes, Condos, and Townhomes for rent range from $800 to $3,300. Four Bedroom Single-Family rentals are also available starting from $900 and Four Bedroom Apartments start at $580.

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

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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.