
Cheap Apartments for Rent in the Mt Auburn Neighborhood of Evansville, IN from $400 (25 Rentals)
Search the lowest-cost Apartments available for rent right now in the Mt Auburn area of Evansville.


Western Hills Apartments

Fairway Plaza

1034 N 3rd Ave

101 SE 2nd St

918 W Louisiana St
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.

North Park

Foxfire West Apartments

The Forge on Main

Market Street Apartments

Woodbridge Place

OrchardGate
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.

Westbriar Apartments

1014 Mary St

213 E Oregon St

Anchor Court Apartments

1115 W Virginia St

109 Read St
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.

Diamond Valley Apartments

Shady Tree Apartments

208 E Maryland St

310 E Florida St

2814 B St

219 W Columbia St
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.

4624 New Harmony Rd
Mt Auburn, Evansville, IN Local Guide

How much does it cost to rent an apartment in Mt Auburn?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Mt Auburn Studio Apartments | $1,672 | $800 | $2,004 |
| Mt Auburn 1 Bedroom Apartments | $1,277 | $550 | $3,245 |
| Mt Auburn 2 Bedroom Apartments | $1,352 | $740 | $3,000 |
| Mt Auburn 3 Bedroom Apartments | $1,297 | $975 | $1,560 |
Browse Apartments in this Neighborhood
There are currently 25 rentals with your search options within a 2 mile radius of the Mt Auburn Neighborhood of Evansville, IN.
See all Apartments in EvansvilleExplore Evansville
Cheapest Available Mt Auburn Apartments for Rent
 The cheapest available apartment rental in the Mt Auburn area of Evansville, IN is a 1 Bed unit found at Fairway Plaza priced from $640. Shady Tree Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $745. Here are the most affordable Mt Auburn apartments for rent in Evansville, IN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Fairway Plaza | 1 Bedroom | 1BR,1BA | $640 |
| Shady Tree Apartments | The Elm | 1BR,1BA | $745 |
| North Park | McCallister | 1BR,1BA | $775 |
| Foxfire West Apartments | 1.1 | 1BR,1BA | $785 |
| The Forge on Main | Studio A | Studio,1BA | $800 |
Best Value Apartments for Rent in Mt Auburn, IN
As of January 23, 2026 the best value apartment in the Mt Auburn area is the $1.27 price per square foot Prestige Model at The Brickyard Apartments in the in the Howell neighborhood starting from $1,335. The second greatest value Mt Auburn apartment is the Vienna Model at Liv at Locust Creek starting at $1,315 with a $1.36 price per square foot in the Hilltop neighborhood. Here is today’s list of the best values for Mt Auburn apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| The Brickyard Apartments | Prestige | 2BR,2BA | $1.27 |
| Liv at Locust Creek | Vienna | 2BR,2BA | $1.36 |
| North Park | Berkshire | 2BR,1.5BA | $1.11 |
| Post House | Ledger | 1BR,1BA | $2.03 |
| Central Lofts | D | 2BR,1BA | $1.48 |
| Woodbridge Place | The Dogwood | 1BR,1BA | $1.29 |
| Fairway Plaza | 1 Bedroom | 1BR,1BA | $0.91 |
| Foxfire West Apartments | 1.1 | 1BR,1BA | $1.22 |
| Shady Tree Apartments | The Elm | 1BR,1BA | $1.30 |
| The Forge on Main | Studio A | Studio ,1BA | $1.40 |
Frequently Asked Questions about Cheap Mt Auburn Apartments
What is a cheap apartment in Mt Auburn?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Mt Auburn is under $1,315.
What is the price of a cheap apartment in Mt Auburn?
The cheapest apartment in Mt Auburn is Fairway Plaza which is listed at $640, while the average apartment in Mt Auburn costs $1,904.
What types of apartments are the cheapest in Mt Auburn?
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 14 regular apartments in Mt Auburn 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 Mt Auburn?
Cheap apartments in Mt Auburn have an average cost of $251 which is $1,653 cheaper than the average rent for all rentals in Mt Auburn.
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

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.

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.

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.

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.