Cheap Homes for Rent in the Old Erie Neighborhood of Evansville, IN from $500 (25 Rentals)

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Search the lowest-cost Homes available for rent right now in the Old Erie 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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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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property at 1330 SE 2nd St

$995 - $999

1 To 2 Bedroom Rentals

Available Now

1330 SE 2nd St

EvansvilleIN47713

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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Old Erie, Evansville, IN Local Guide

Cheapest Available Old Erie Apartments for Rent

 

The cheapest available apartment rental in the Old Erie area of Evansville, IN is a 2 Beds unit found at Bradford Pointe Apartments priced from $725. Wedgewood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $750. Here are the most affordable Old Erie apartments for rent in Evansville, IN:

Apartment ListingModel NameBed/BathPriced From
Bradford Pointe ApartmentsINBFP 2x1 675sqft - Classic2BR,1BA$725
WedgewoodTwo Bedroom2BR,1BA$750
The Rathbone Apartments1bed, 1 bath1BR,1BA$795
The Forge on MainStudioStudio,1BA$845
800 SE Second St1 Beds, 1 Baths1BR,1BA$903

Best Value Apartments for Rent in Old Erie, IN

As of July 12, 2026 the best value apartment in the Old Erie 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 Old Erie apartment is the Two Bedroom Model at Wedgewood starting at $750 with a $0.63 price per square foot in the Lincoln-Bellemeade neighborhood. Here is today’s list of the best values for Old Erie apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Nabisco BuildingNabisco Building - 2 Bedrooms 2 Bathrooms2BR,2BA$1.42
WedgewoodTwo Bedroom2BR,1.5BA$0.63
2015 N Weinbach Ave, Unit 2A2015 N Weinbach Ave2BR,2BA$1.04
213 Cherry St, Unit Apt B213 Cherry St2BR,1BA$1.31
City Pointe2 Bedroom 1 Bath2BR,1BA$1.33
Owen BlockOwen Block - 1 Bedroom 1 Bathroom1BR,1BA$1.22
Colonial Manor Apartments2X12BR,1BA$1.15
Central LoftsD2BR,1BA$1.48
Bradford Pointe ApartmentsINBFP 2x1 675sqft - Deluxe2BR,1BA$1.22
The Forge on MainStudioStudio ,1BA$1.48

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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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
Old Erie, Evansville, IN

Ranked #28

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
Old Erie, Evansville, IN

School data provided by Great Schools

Frequently Asked Questions about Old Erie

What type of rentals are currently available in Old Erie?

There are currently 195 Apartments for Rent in Old Erie, IN with pricing that ranges from $600 to $2,650. There are also 49 Single Family Homes for rent, Condos, and Townhome rentals currently available in Old Erie ranging from $550 to $6,500.

What is the current price range for Rental Homes in Old Erie?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Old Erie ranges from $550 to $6,500 with an average monthly rent of $1,710.

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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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.

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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.

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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.

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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.