Cheap Homes for Rent in Oakhill Neighborhood of Evansville, IN from $500 (7 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
By AmenitiesDone
By Community TypeDone
Done

Search the lowest-cost Homes available for rent right now in the Oakhill area of Evansville.

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.

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.

Oakhill, Evansville, IN Local Guide

Cheapest Available Oakhill Apartments for Rent

 

The cheapest available apartment rental in the Oakhill area of Evansville, IN is a 1 Bed unit found at SPRING VALLEY FLATS priced from $695. Devonshire Gardens I & II has the second lowest priced unit, which is a 1 Bed apartment currently listed from $700. Here are the most affordable Oakhill apartments for rent in Evansville, IN:

Apartment ListingModel NameBed/BathPriced From
SPRING VALLEY FLATSThe Redbud1BR,1BA$695
Devonshire Gardens I & IIII 1 Bed 1 Bath A1BR,1BA$700
TERRA TRACEThe Dogwood1BR,1BA$849

Best Value Apartments for Rent in Oakhill, IN

As of June 04, 2025 the best value apartment in the Oakhill area is the $1.24 price per square foot Richmond Model at Brooklyn Place in the in the Lant Manor neighborhood starting from $1,314. The second greatest value Oakhill apartment is the Delaware II Model at River Club starting at $1,297 with a $1.29 price per square foot in the Lant Manor neighborhood. Here is today’s list of the best values for Oakhill apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Brooklyn PlaceRichmond2BR,2BA$1.24
River ClubDelaware II2BR,1BA$1.29
Apartments@412BR/1.0BA2BR,1BA$1.13
Westcott Apartments1 Bedroom1BR,1BA$1.22
PROMENADE FLATSCavalier1BR,1BA$1.83
The Flats at KeystoneThe Belfrey - Furnished2BR,1BA$3.37
Kimber Green ApartmentsThe Maple (Up)1BR,1BA$1.41
TERRA TRACEThe Dogwood1BR,1BA$1.33
Devonshire Gardens I & IIII 1 Bed 1 Bath A1BR,1BA$1.34
SPRING VALLEY FLATSCastlewood 1 Bedroom1BR,1BA$1.39

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

Frequently Asked Questions about Oakhill

What type of rentals are currently available in Oakhill?

There are currently 66 Apartments for Rent in Oakhill, IN with pricing that ranges from $695 to $4,399. There are also 32 Single Family Homes for rent, Condos, and Townhome rentals currently available in Oakhill ranging from $525 to $3,500.

What is the current price range for Rental Homes in Oakhill?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Oakhill ranges from $525 to $3,500 with an average monthly rent of $1,544.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

decorative image for The Art of the Rental Viewing: What to look for during a property tour article

The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

decorative image for Know Your Budget: Calculating What You Can Realistically Afford When Renting article

Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

decorative image for The Freedom of Short-Term Leases: Exploring the Advantages for Renters article

The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

decorative image for Navigating the Rental Market: Tips for First-Time Renters article

Navigating the Rental Market: Tips for First-Time Renters

Written by: Sandy Baker

Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.