Cheap Apartments for Rent in the Mt Auburn Neighborhood of Evansville, IN from $400 (33 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
Lifestyle Matching SearchDone
Learn more about Lifestyle Search
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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.

Read Article

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.

Read Article
close
View Me
OrchardGate
1 to 2 Bedroom Apartments

OrchardGate

401 Applewood CtEvansville, IN 47712
  • Utilities Included
close
View Me
Westbriar Apartments
1 Bedroom Apartments

Westbriar Apartments

2300 W Iowa StEvansville, 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.

Read Article
close
View Me
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.

Read Article
Showing Results 1-33, 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 Studio unit found at Shady Tree Apartments priced from $735. Market Street Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $820. Here are the most affordable Mt Auburn apartments for rent in Evansville, IN:

Apartment ListingModel NameBed/BathPriced From
Shady Tree ApartmentsThe AshStudio,1BA$735
Market Street ApartmentsStudio Apartment Home in Historic BuildingStudio,1BA$820
The Forge on MainStudioStudio,1BA$845
Woodbridge Place Apartments1x1-R-7001BR,1BA$849
Central LoftsJJ2BR,1BA$925
North ParkBerkshire2BR,1BA$999
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
Nabisco BuildingNabisco Building - 1 Bedroom 1 Bathroom1BR,1BA$1,289

Best Value Apartments for Rent in Mt Auburn, IN

As of July 25, 2026 the best value apartment in the Mt Auburn 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 Mt Auburn apartment is the Prestige Model at The Brickyard Apartments starting at $1,359 with a $1.29 price per square foot in the Howell 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.
Nabisco BuildingNabisco Building - 2 Bedrooms 2 Bathrooms2BR,2BA$1.42
The Brickyard ApartmentsPrestige2BR,2BA$1.29
North ParkBerkshire2BR,1.5BA$1.05
Owen BlockOwen Block - 1 Bedroom 1 Bathroom1BR,1BA$1.22
Central LoftsD2BR,1BA$1.48
Liv at Locust CreekBrunswick with Carport1BR,1BA$1.42
Woodbridge Place Apartments1x1-Q-7001BR,1BA$1.28
The Forge on MainStudioStudio ,1BA$1.48
Market Street ApartmentsStudio Apartment Home in Historic BuildingStudio ,1BA$2.05
Shady Tree ApartmentsThe AshStudio ,1BA$1.84

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.

Read Article
Decorative image

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.

Read Article
Decorative image

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.

decorative image of people with a giant lease agreement

Pet Friendly Lifestyle
Mt Auburn, Evansville, IN

Ranked #12

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

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

decorative image of woman handing cat to small boy

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 $1,289.

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

The cheapest apartment in Mt Auburn is Shady Tree Apartments which is listed at $745, while the average apartment in Mt Auburn costs $1,674.

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 12 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

decorative image for Rent According to Income: A Look at Income-Restricted Rentals article

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.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

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.

decorative image for Apartment Occupancy Rates: Renter Attraction vs Renter Retention article

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.