Cheap Apartments for Rent in the Tepe Park Neighborhood of Evansville, IN from $400 (18 Rentals)

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

property at 101 SE 2nd St

101 SE 2nd St

EvansvilleIN47708

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.

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1430 Parrett St
1 to 2 Bedroom Apartments

1430 Parrett St

1430 Parrett StEvansville, IN 47713
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Boeke Place
1 Bedroom Apartments

Boeke Place

1401 S Boeke RdEvansville, IN 47714
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The Grove
1 to 2 Bedroom Apartments

The Grove

1105 SE First StEvansville, IN 47713
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Kinway Apartments
1 to 3 Bedroom Apartments

Kinway Apartments

1952 Colts LnEvansville, IN 47714
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Donaldson Arms
1 to 2 Bedroom Apartments

Donaldson Arms

1407 Howard StEvansville, IN 47713
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The Rathbone
1 to 2 Bedroom Apartments

The Rathbone

1320 SE 2nd StEvansville, IN 47713
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Wedgewood
2 Bedroom Apartments

Wedgewood

1127 Lincoln AveEvansville, IN 47714

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.

Tepe Park, Evansville, IN Local Guide

Cheapest Available Tepe Park Apartments for Rent

 

The cheapest available apartment rental in the Tepe Park area of Evansville, IN is a Studio unit found at Embassy Apartments priced from $645. Addison Place has the second lowest priced unit, which is a 1 Bed apartment currently listed from $750. Here are the most affordable Tepe Park apartments for rent in Evansville, IN:

Apartment ListingModel NameBed/BathPriced From
Embassy Apartments0.1Studio,1BA$645
Addison PlaceWindsor1BR,1BA$750
The Manning1 Bedroom 1 Bathroom1BR,1BA$829
TERRA TRACEThe Dogwood1BR,1BA$849
Market Street ApartmentsStudio Apartment Home in Historic BuildingStudio,1BA$865

Best Value Apartments for Rent in Tepe Park, IN

As of June 03, 2025 the best value apartment in the Tepe Park 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 Tepe Park 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 Tepe Park 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
Post HouseDowntown Loft 1.1A1BR,1BA$2.55
The Manning2 Bedroom 1 Bathroom2BR,1BA$1.30
Central LoftsFF2BR,1BA$1.50
Addison PlaceWindsor1BR,1BA$1.14
TERRA TRACEThe Dogwood1BR,1BA$1.33
Embassy Apartments0.1Studio ,1BA$1.54
Market Street ApartmentsStudio Apartment Home in Historic BuildingStudio ,1BA$2.16

Quick Rent Budget Calculator

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Pet Friendly Lifestyle
Tepe Park, Evansville, IN

Ranked #36

Among neighborhoods in Evansville, IN for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

3.5
Pet Friendly

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Getting Around the Tepe Park Neighborhood in Evansville, IN

Walk Score®

48 / 100

Car-Dependent

Most errands require a car

Bike Score®

52 / 100

Bikeable

Some bike infrastructure

Frequently Asked Questions about Cheap Tepe Park Apartments

What is a cheap apartment in Tepe Park?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Tepe Park is under $1,495.

What is the price of a cheap apartment in Tepe Park?

The cheapest apartment in Tepe Park is Embassy Apartments which is listed at $705, while the average apartment in Tepe Park costs $1,435.

What types of apartments are the cheapest in Tepe Park?

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 4 regular apartments in Tepe Park that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

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.