Cheap Homes for Rent in Old Erie Neighborhood of Evansville, IN from $500 (17 Rentals)

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Search the lowest-cost Homes available for rent right now in the Old Erie 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.

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property at 1330 SE 2nd St

1330 SE 2nd St

EvansvilleIN47713

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.

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Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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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 1 Bed unit found at The Manning priced from $829. Market Street Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $865. Here are the most affordable Old Erie apartments for rent in Evansville, IN:

Apartment ListingModel NameBed/BathPriced From
The Manning1 Bedroom 1 Bathroom1BR,1BA$829
Market Street ApartmentsStudio Apartment Home in Historic BuildingStudio,1BA$865
The Forge on MainTwo Bedroom A2BR,2BA$900
Colonial Manor Apartments2x1 R2BR,1BA$907
Liv at Locust CreekDresden2BR,1BA$959

Best Value Apartments for Rent in Old Erie, IN

As of May 31, 2025 the best value apartment in the Old Erie area is the $0.77 price per square foot Two Bedroom A Model at The Forge on Main in the in the Lincoln-Bellemeade neighborhood starting from $900. The second greatest value Old Erie apartment is the 2BR/2.0BA Model at Sunset Tower starting at $1,200 with a $1.14 price per square foot in the ACT 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.
The Forge on MainTwo Bedroom A2BR,2BA$0.77
Sunset Tower2BR/2.0BA2BR,2BA$1.14
Apartments@412BR/1.0BA2BR,1BA$1.10
Liv at Locust CreekVienna2BR,2BA$1.24
Post HouseDowntown Loft 1.1A1BR,1BA$2.55
The Manning2 Bedroom 1 Bathroom2BR,1BA$1.30
Central LoftsFF2BR,1BA$1.50
Retreat at Leisure LivingHaven WhiteStudio ,1BA$3.07
Market Street ApartmentsStudio Apartment Home in Historic BuildingStudio ,1BA$2.16

Quick Rent Budget Calculator

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Frequently Asked Questions about Old Erie

What type of rentals are currently available in Old Erie?

There are currently 186 Apartments for Rent in Old Erie, IN with pricing that ranges from $700 to $2,500. There are also 36 Single Family Homes for rent, Condos, and Townhome rentals currently available in Old Erie ranging from $525 to $2,195.

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 $525 to $2,195 with an average monthly rent of $1,294.

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.

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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.

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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.

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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.

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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.