Cheap Apartments for Rent in the Independence Historic District Evansville, IN from $400 (47 Rentals)

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

property at 931 SE 8th St

$650

1 Bedroom Rentals

Available Now

931 SE 8th St

EvansvilleIN47713

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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1430 Parrett St
1 to 2 Bedroom Apartments

1430 Parrett St

1430 Parrett StEvansville, IN 47713
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OrchardGate
1 to 2 Bedroom Apartments

OrchardGate

401 Applewood CtEvansville, IN 47712
  • Utilities Included

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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Westbriar Apartments
1 Bedroom Apartments

Westbriar Apartments

2300 W Iowa StEvansville, IN 47712
  • Utilities Included
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The Grove
1 to 2 Bedroom Apartments

The Grove

1105 SE First StEvansville, IN 47713
  • Utilities Included
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Donaldson Arms
1 to 2 Bedroom Apartments

Donaldson Arms

1407 Howard StEvansville, IN 47713
  • Utilities Included
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307 SE 2nd St
1 Bedroom Apartments

307 SE 2nd St

307 SE 2nd StEvansville, IN 47713

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.

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800 SE Second St
1 Bedroom Apartments

800 SE Second St

800 SE Second StEvansville, IN 47713
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1330 SE Second St
1 to 2 Bedroom Apartments

1330 SE Second St

1330 SE Second StEvansville, IN 47713

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.

property at 1330 SE 2nd St

$995 - $999

1 To 2 Bedroom Rentals

Available Now

1330 SE 2nd St

EvansvilleIN47713

Independence Historic District, Evansville, IN Local Guide

Cheapest Available Independence Historic District Apartments for Rent

 

The cheapest available apartment rental in the Independence Historic District area of Evansville, IN is a 1 Bed unit found at Fairway Plaza priced from $640. Woodbridge Place Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $799. Here are the most affordable Independence Historic District apartments for rent in Evansville, IN:

Apartment ListingModel NameBed/BathPriced From
Fairway Plaza1 Bedroom1BR,1BA$640
Woodbridge Place Apartments1x1-7001BR,1BA$799
Market Street ApartmentsStudio Apartment Home in Historic BuildingStudio,1BA$820
The Forge on MainStudioStudio,1BA$845
800 SE Second St1 Beds, 1 Baths1BR,1BA$903
Central LoftsJJ2BR,1BA$925
1330 SE Second St2 Beds, 1 Baths2BR,1BA$995
Liv at Locust CreekBrunswick with Carport1BR,1BA$1,000
The Evansville LoftsCambridge Arms - 1 Bedroom 1 Bathroom1BR,1BA$1,039
Owen BlockOwen Block - 1 Bedroom 1 Bathroom1BR,1BA$1,099

Best Value Apartments for Rent in Independence Historic District, IN

As of July 26, 2026 the best value apartment in the Independence Historic District area is the $1.42 price per square foot Nabisco Building - 2 Bedrooms 2 Bathrooms Model at Nabisco Building in the in the STAR neighborhood starting from $2,650. The second greatest value Independence Historic District apartment is the 2BR/2.0BA Model at Sunset Tower starting at $1,300 with a $1.04 price per square foot in the ACT neighborhood. Here is today’s list of the best values for Independence Historic District apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Nabisco BuildingNabisco Building - 2 Bedrooms 2 Bathrooms2BR,2BA$1.42
Sunset Tower2BR/2.0BA2BR,2BA$1.04
The Brickyard ApartmentsPrestige2BR,2BA$1.29
Owen BlockOwen Block - 1 Bedroom 1 Bathroom1BR,1BA$1.22
City Pointe2 Bedroom 1 Bath2BR,1BA$1.33
Central LoftsD2BR,1BA$1.48
Liv at Locust CreekBrunswick with Carport1BR,1BA$1.42
Woodbridge Place Apartments1x1-Q-7001BR,1BA$1.28
Fairway Plaza1 Bedroom1BR,1BA$0.91
The Forge on MainStudioStudio ,1BA$1.48

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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Real 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.

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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
Independence Historic District, Evansville, IN

Ranked #10

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

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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Frequently Asked Questions about Cheap Independence Historic District Apartments

What is a cheap apartment in Independence Historic District?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Independence Historic District is under $1,099.

What is the price of a cheap apartment in Independence Historic District?

The cheapest apartment in Independence Historic District is Fairway Plaza which is listed at $640, while the average apartment in Independence Historic District costs $1,799.

What types of apartments are the cheapest in Independence Historic District?

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 12 regular apartments in Independence Historic District that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

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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Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

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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.

decorative image for How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide article

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.