Cheap Apartments for Rent in the Mt Auburn Neighborhood of Evansville, IN from $470 (43 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Mt Auburn area of Evansville.

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.

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property at 309 E Virginia St
$775 - $850
1 Bedroom Rentals
Available Now
Affordability

309 E Virginia St

EvansvilleIN47711

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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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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2010 W Indiana St
1 Bedroom Apartments

2010 W Indiana St

2010 W Indiana StEvansville, IN 47712

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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307 SE 2nd St
1 Bedroom Apartments

307 SE 2nd St

307 SE 2nd 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.

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Owen Block
1 Bedroom Apartments

Owen Block

121 Chestnut StEvansville, IN 47713
Showing Results 1-43, Page 1 of 1

Mt Auburn, Evansville, IN Local Guide

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 2010 W Indiana St priced from $545. Anchor Court Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $625. Here are the most affordable Mt Auburn apartments for rent in Evansville, IN:

Apartment ListingModel NameBed/BathPriced From
2010 W Indiana St1BR/1.0BA1BR,1BA$545
Anchor Court Apartments1BR/1.0BA1BR,1BA$625
Shady Tree ApartmentsThe AshStudio,1BA$735
Foxfire West Apartments1.11BR,1BA$785
Woodbridge Place Apartments1x1-7001BR,1BA$799
Market Street ApartmentsStudio Apartment Home in Historic BuildingStudio,1BA$820
North ParkMcCallister1BR,1BA$835
The Forge on MainStudioStudio,1BA$845
Central LoftsJJ2BR,1BA$925
The Evansville LoftsCambridge Arms - 1 Bedroom 1 Bathroom1BR,1BA$964

Best Value Apartments for Rent in Mt Auburn, IN

As of September 08, 2026 the best value apartment in the Mt Auburn area is the $1.39 price per square foot Estate Model at The Brickyard Apartments in the in the Howell neighborhood starting from $1,459. The second greatest value Mt Auburn apartment is the Luxury Hanover Model at Liv at Locust Creek starting at $1,250 with a $1.29 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 ListingModel NameBed/BathPrice Per Sq.Ft.
The Brickyard ApartmentsEstate3BR,1.5BA$1.39
Liv at Locust CreekLuxury Hanover2BR,1.5BA$1.29
Nabisco BuildingNabisco Building - 1 Bedroom 1 Bathroom1BR,1BA$1.42
Fairway Plaza2 Bedroom2BR,1BA$0.82
North ParkMcCallister1BR,1BA$1.11
Central LoftsD2BR,1BA$1.48
Woodbridge Place Apartments1x1-7001BR,1BA$1.14
Foxfire West Apartments1.1 NS1BR,1BA$1.23
Anchor Court Apartments1BR/1.0BA1BR,1BA$1.34
2010 W Indiana St1BR/1.0BA1BR,1BA$1.36

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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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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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
Mt Auburn, Evansville, IN

Ranked #11

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

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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Best Local Schools in
Mt Auburn, Evansville, IN

School data provided by Great Schools

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 $964.

What is the price of a cheap apartment in Mt Auburn?

The cheapest apartment in Mt Auburn is 2010 W Indiana St which is listed at $545, while the average apartment in Mt Auburn costs $1,414.

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 13 regular apartments in Mt Auburn 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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Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!

Written by: Robin Stewart

Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

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Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

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First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.