
Cheap Apartments for Rent in the Tepe Park Neighborhood of Evansville, IN from $400 (62 Rentals)
Search the lowest-cost Apartments available for rent right now in the Tepe Park area of Evansville.


907 909-909 N 2nd Ave

416 Lodge Ave

1228 S Roosevelt Dr

309 E Virginia St

931 SE 8th St

1213 Lodge Ave

Market Street Apartments

The Forge on Main

706 Court St
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

721 S Frederick St

Central Lofts

The Evansville Lofts

957 S Spring St

735 E Powell Ave

1430 Parrett St

Boeke Place

Chapel Court Apartments

The Grove

1215 Lodge Ave
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

1115 W Virginia St

406 Edgar St

428 South Kentucky Avenue

605 W Michigan St

300 E Michigan St

Kinway Apartments

Donaldson Arms

The Rathbone Apartments

1510 SE Riverside Dr

INBFP Bradford Pointe
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

1513 Lincoln Ave

708 SE 3rd St

307 Ridgeway Ave

1021 Jefferson Ave

Wedgewood

307 SE 2nd St

1119 SE Riverside Dr

1916 Washington Ave

Woodland Park Apartments

110 East Powell Avenue
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.

1901 Conlin Ave

924 SE 6th St

800 SE 2nd St

800 SE Second St

408 Madison Ave

1306 W Missouri St

Legacy Commons

1516 E Illinois St

1136 Jefferson Ave

1731 S Kerth Ave
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.
Tepe Park, Evansville, IN Local Guide

How much does it cost to rent an apartment in Tepe Park?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Tepe Park Studio Apartments | $1,475 | $820 | $2,380 |
| Tepe Park 1 Bedroom Apartments | $1,406 | $600 | $2,535 |
| Tepe Park 2 Bedroom Apartments | $1,789 | $695 | $2,735 |
| Tepe Park 3 Bedroom Apartments | $1,499 | $1,499 | $1,499 |
Browse Apartments in this Neighborhood
There are currently 62 rentals with your search options within a 2 mile radius of the Tepe Park Neighborhood of Evansville, IN.
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Tepe Park, Evansville, IN Local Guide
- Nearby Evansville neighborhoods
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Cheapest Available Tepe Park Apartments for Rent
 The cheapest available apartment rental in the Tepe Park area of Evansville, IN is a 2 Beds unit found at 1510 SE Riverside Dr priced from $700. Wedgewood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $750. Here are the most affordable Tepe Park apartments for rent in Evansville, IN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 1510 SE Riverside Dr | 2BR/1.0BA | 2BR, 1BA | $700 |
| Wedgewood | Two Bedroom | 2BR, 1BA | $750 |
| Market Street Apartments | Studio Apartment Home in Historic Building | Studio, 1BA | $820 |
| 800 SE Second St | 1 Beds, 1 Baths | 1BR, 1BA | $825 |
| The Forge on Main | Studio | Studio, 1BA | $845 |
| Central Lofts | JJ | 2BR, 1BA | $925 |
| The Evansville Lofts | Cambridge Arms - 1 Bedroom 1 Bathroom | 1BR, 1BA | $964 |
| Owen Block | Owen Block - 1 Bedroom 1 Bathroom | 1BR, 1BA | $974 |
| 1330 SE Second St | 1 Beds, 1 Baths | 1BR, 1BA | $999 |
| Washington Court | Washington Court - 1 Bedroom 1 Bathroom | 1BR, 1BA | $1,089 |
Best Value Apartments for Rent in Tepe Park, IN
As of September 22, 2026 the best value apartment in the Tepe Park area is the $1.07 price per square foot 3BR/2.0BA Model at Sunset Tower in the ACT neighborhood starting from $1,600. The second greatest value Tepe Park apartment is the 2 BD Furnished Apartment in Downtown Evansville Model at The Harrison in the Howell neighborhood starting at $2,000 with a $1.54 price per square foot. Here is today’s list of the best values for Tepe Park apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Sunset Tower | 3BR/2.0BA | 3BR, 2BA | $1.07 |
| The Harrison | 2 BD Furnished Apartment in Downtown Evansville | 2BR, 1BA | $1.54 |
| Wedgewood | Two Bedroom | 2BR, 1.5BA | $0.63 |
| The Audubon | The Audubon - 2 Bedrooms 1 Bathroom | 2BR, 1BA | $1.27 |
| Nabisco Building | Nabisco Building - 1 Bedroom 1 Bathroom | 1BR, 1BA | $1.42 |
| Washington Court | Washington Court - 1 Bedroom 1 Bathroom | 1BR, 1BA | $1.18 |
| City Pointe | 2 Bedroom 1 Bath | 2BR, 1BA | $1.33 |
| Owen Block | Owen Block - 1 Bedroom 1 Bathroom | 1BR, 1BA | $1.08 |
| Central Lofts | D | 2BR, 1BA | $1.48 |
| The Forge on Main | Studio | Studio, 1BA | $1.55 |
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.
Read ArticleNavigating 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.
Read ArticleReal 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.
Read ArticleQuick 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.
Pet Friendly LifestyleTepe Park, Evansville, IN
Ranked #34
Among cities in Indiana for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
2.5Pet Friendly
Best Local Schools in Tepe Park, Evansville, IN
Fairlawn Elementary School
Benjamin Bosse High School
Glenwood Leadership Academy
School data provided by Great Schools
Frequently Asked Questions about Cheap Tepe Park Apartments
What is the Cheapest Studio apartment in Tepe Park?
Currently the most affordable Cheap Studio Apartment in Tepe Park is at Market Street Apartments listed at $820.
How much is rent for a Cheap One Bedroom Tepe Park Apartment?
The lowest price for a Cheap One Bedroom Tepe Park Apartment is $725 at 1510 SE Riverside Dr.
What is the lowest price for a Cheap Two Bedroom Tepe Park Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Tepe Park is starting from $700 at 1510 SE Riverside Dr.
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

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

How Commercial-to-Residential Property Conversions Help the Housing Crisis
Written by: Robin Stewart
Many housing markets throughout America share a common complaint: a lack of affordable rental properties.

Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
Written by: Robin Stewart
Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.