
Cheap Apartments for Rent in the Mt Auburn Neighborhood of Evansville, IN from $400 (37 Rentals)
Search the lowest-cost Apartments available for rent right now in the Mt Auburn area of Evansville.


Fairway Plaza

900 Mary St

101 SE 2nd St

307 SE 2nd St

Foxfire West Apartments

Market Street Apartments

North Park

706 Court St
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.

4601 Lakeside Dr

4614 Rolling Ridge Ct

Woodbridge Place

115 Read St

Central Lofts

217 E Oregon St

The Brickyard Apartments

The Evansville Lofts

910 Harriet 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.

Liv at Locust Creek

Forge on Main

4611 Rolling Ridge Ct

211 Main St, Unit B

The Vault on Main

Western Hills Apartments

OrchardGate

Westbriar Apartments

Shady Tree Apartments
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.

437 S Bosse Ave

408 S Bosse Ave

Diamond Valley Apartments

605 W Michigan St

32 W Tennessee St

2102 W Delaware St

1306 W Missouri St

2517 W Illinois St

Kunkel Square
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.

Naveen Pine Townhomes
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 | $1,657 | $820 | $2,350 |
| Mt Auburn 1 Bedroom Apartments | $1,390 | $625 | $3,420 |
| Mt Auburn 2 Bedroom Apartments | $1,703 | $740 | $3,000 |
| Mt Auburn 3 Bedroom Apartments | $1,407 | $1,260 | $1,471 |
Browse Apartments in this Neighborhood
There are currently 37 rentals with your search options within a 2 mile radius of the Mt Auburn Neighborhood of Evansville, IN.
See all Apartments in EvansvilleExplore Evansville
Mt Auburn, Evansville, IN Local Guide
- Nearby Evansville neighborhoods
- Nearby Cities
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- Local Counties
- School Districts
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. Foxfire West Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $795. Here are the most affordable Mt Auburn apartments for rent in Evansville, IN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Shady Tree Apartments | The Ash | Studio,1BA | $735 |
| Foxfire West Apartments | 1.1f | 1BR,1BA | $795 |
| Market Street Apartments | Studio Apartment Home in Historic Building | Studio,1BA | $820 |
| Central Lofts | JJ | 2BR,1BA | $925 |
| Woodbridge Place | The Flowering Pink Dogwood | 1BR,1BA | $999 |
| The Brickyard Apartments | Keystone | 1BR,1BA | $1,035 |
| Forge on Main | 1 Bedroom | 1BR,1BA | $1,120 |
| North Park | Kensington | 2BR,1BA | $1,199 |
| Liv at Locust Creek | Luxury Hanover | 2BR,1BA | $1,225 |
Best Value Apartments for Rent in Mt Auburn, IN
As of June 09, 2026 the best value apartment in the Mt Auburn area is the $1.18 price per square foot 2 Bedrooms, 2 Bathrooms Model at Nabisco Building in the in the STAR neighborhood starting from $2,199. The second greatest value Mt Auburn apartment is the Kensington Model at North Park starting at $1,199 with a $1.00 price per square foot in the Mt Auburn 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. |
|---|---|---|---|
| Nabisco Building | 2 Bedrooms, 2 Bathrooms | 2BR,2BA | $1.18 |
| North Park | Kensington | 2BR,1.5BA | $1.00 |
| Liv at Locust Creek | Vienna | 2BR,2BA | $1.28 |
| 213 Cherry St, Unit Apt B | 213 Cherry St | 2BR,1BA | $1.36 |
| 2316 W Franklin St, Unit Unit B | 2316 W Franklin St | 2BR,1BA | $1.56 |
| The Brickyard Apartments | Keystone | 1BR,1BA | $1.16 |
| Forge on Main | 1 Bedroom | 1BR,1BA | $1.32 |
| Foxfire West Apartments | 2.1f cab bl | 2BR,1BA | $1.26 |
| Central Lofts | D | 2BR,1BA | $1.48 |
| Woodbridge Place | The Flowering Pink Dogwood | 1BR,1BA | $1.43 |
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 ArticleReal 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 ArticleQuick 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.
Pet Friendly LifestyleMt Auburn, Evansville, IN
Ranked #6
Among cities in Indiana for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.0Pet Friendly
Best Local Schools in Mt Auburn, Evansville, IN
Tekoppel Elementary School
Francis Joseph Reitz High School
Helfrich Park Stem Academy
School data provided by Great Schools
Frequently Asked Questions about Cheap Mt Auburn Apartments
What is the Cheapest Studio apartment in Mt Auburn?
Currently the most affordable Cheap Studio Apartment in Mt Auburn is at Shady Tree Apartments listed at $735.
How much is rent for a Cheap One Bedroom Mt Auburn Apartment?
The lowest price for a Cheap One Bedroom Mt Auburn Apartment is $745 at Shady Tree Apartments.
What is the lowest price for a Cheap Two Bedroom Mt Auburn Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Mt Auburn is starting from $895 at Foxfire West Apartments.
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

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.