Cheap Apartments for Rent in the Mt Auburn Neighborhood of Evansville, IN from $400 (31 Rentals)

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

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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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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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.

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OrchardGate
1 to 2 Bedroom Apartments

OrchardGate

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

Westbriar Apartments

2300 W Iowa StEvansville, IN 47712
  • Utilities Included

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.

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Showing Results 1-31, 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 Shady Tree Apartments priced from $745. 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 ListingModel NameBed/BathPriced From
Shady Tree ApartmentsThe Elm1BR,1BA$745
Foxfire West Apartments1.1 NS1BR,1BA$795
Woodbridge PlaceThe Dogwood1BR,1BA$799
The Forge on MainStudio AStudio,1BA$813
Central LoftsJJ2BR,1BA$925
The Brickyard ApartmentsKeystone1BR,1BA$1,040
Liv at Locust CreekLuxury Brunswick with Carport1BR,1BA$1,068
North ParkKensington2BR,1BA$1,199
Western Hills ApartmentsUNIT 1134 FURNISHED CORPORATE UNIT1BR,1BA$1,250

Best Value Apartments for Rent in Mt Auburn, IN

As of April 24, 2026 the best value apartment in the Mt Auburn area is the $1.00 price per square foot Kensington Model at North Park in the in the Mt Auburn neighborhood starting from $1,199. The second greatest value Mt Auburn apartment is the Estate Model at The Brickyard Apartments starting at $1,399 with a $1.33 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.
North ParkKensington2BR,1.5BA$1.00
The Brickyard ApartmentsEstate3BR,1.5BA$1.33
2316 W Franklin St, Unit Unit B2316 W Franklin St2BR,1BA$1.56
Post HouseLedger A1BR,1BA$2.06
Central LoftsD2BR,1BA$1.48
The Forge on MainOne Bedroom A1BR,1BA$1.47
Liv at Locust CreekLuxury Brunswick with Carport1BR,1BA$1.52
Woodbridge PlaceThe Dogwood1BR,1BA$1.14
Foxfire West Apartments1.1 NS1BR,1BA$1.23
Shady Tree ApartmentsThe Elm1BR,1BA$1.30

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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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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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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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.

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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 #14

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 $1,250.

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 $1,914.

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.

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 $193 which is $1,721 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

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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

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What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

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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.