Cheap Homes for Rent in Outer East Neighborhood of Evansville, IN from $700 (21 Rentals)

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Search the lowest-cost Homes available for rent right now in the Outer East 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.

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.

property at 1313 East Walnut

$1,000

Total Monthly Price

Total Monthly Price

Base Rent
$1,000

Total Monthly Price
$1,000

3 Bedroom, 2 Bath Home for Rent

Available Now

1313 East Walnut

EvansvilleIN47714

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.

Outer East, Evansville, IN Local Guide

Cheapest Available Outer East Apartments for Rent

 

The cheapest available apartment rental in the Outer East area of Evansville, IN is a 1 Bed unit found at SPRING VALLEY FLATS priced from $599. Sontra Evansville Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $630. Here are the most affordable Outer East apartments for rent in Evansville, IN:

Apartment ListingModel NameBed/BathPriced From
SPRING VALLEY FLATSThe Redbud1BR,1BA$599
Sontra Evansville Apartments0BR/1.0BAStudio,1BA$630
Embassy Apartments0.1Studio,1BA$660
Heathmoore - Evansville1 Bed 1 Bath1BR,1BA$700
Shannon GlennMcConnell2BR,1BA$710

Best Value Apartments for Rent in Outer East, IN

As of June 01, 2026 the best value apartment in the Outer East area is the $0.81 price per square foot 2 Bed 2 Bath - Townhome Model at Devonshire Gardens I & II in the in the Lant Manor neighborhood starting from $1,255. The second greatest value Outer East apartment is the 3BR/2.0BA Model at Apartments@41 starting at $1,600 with a $1.15 price per square foot in the Business 41 neighborhood. Here is today’s list of the best values for Outer East apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Devonshire Gardens I & II2 Bed 2 Bath - Townhome2BR,2BA$0.81
Apartments@413BR/2.0BA3BR,2BA$1.15
Ross Center Village2BR/1.0BA2BR,1BA$0.85
The Westcott2 Bed, 2 Bath2BR,2BA$1.19
Hornbrook Estates ApartmentsTwo Bedroom One Bathroom2BR,1BA$0.93
Indian WoodsThe Oak2BR,1BA$0.95
Colonial Manor Apartments2x1 R2BR,1BA$1.15
Shannon GlennMcConnell2BR,1BA$0.89
Abbey Court ApartmentsCambridge1BR,1BA$1.13
TERRA TRACEThe Dogwood1BR,1BA$1.18

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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Frequently Asked Questions about Outer East

What type of rentals are currently available in Outer East?

There are currently 141 Apartments for Rent in Outer East, IN with pricing that ranges from $525 to $4,449. There are also 51 Single Family Homes for rent, Condos, and Townhome rentals currently available in Outer East ranging from $750 to $3,300.

What is the current price range for Rental Homes in Outer East?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Outer East ranges from $750 to $3,300 with an average monthly rent of $1,431.

How much are larger Three and Four Bedroom Rentals in Outer East?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Outer East range from $1,190 to $2,700, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,000 to $3,300. Four Bedroom Single-Family rentals are also available starting from $975 and Four Bedroom Apartments start at $1,849.

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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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.

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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.

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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.