Cheap Homes for Rent in Tepe Park Neighborhood of Evansville, IN from $500 (9 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

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.

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.

property at 1753 Edson Ave

1753 Edson Ave

EvansvilleIN47714

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 The Forge on Main priced from $800. Market Street Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $865. Here are the most affordable Tepe Park apartments for rent in Evansville, IN:

Apartment ListingModel NameBed/BathPriced From
The Forge on MainStudio AStudio,1BA$800
Market Street ApartmentsINMKS 0x1Studio,1BA$865
City Pointe1 Bedroom 1 Bath1BR,1BA$999

Best Value Apartments for Rent in Tepe Park, IN

As of July 26, 2025 the best value apartment in the Tepe Park area is the $1.13 price per square foot 3BR/2.0BA Model at Sunset Tower in the in the ACT neighborhood starting from $1,700. The second greatest value Tepe Park apartment is the 1 Bedroom, 1 Bathroom Model at Nabisco Building starting at $1,499 with a $1.56 price per square foot in the Howell 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.
Sunset Tower3BR/2.0BA3BR,2BA$1.13
Nabisco Building1 Bedroom, 1 Bathroom1BR,1BA$1.56
City Pointe2 Bedroom 1 Bath2BR,1BA$1.30
Post HouseDowntown Loft 1.1A1BR,1BA$2.55
Central LoftsD2BR,1BA$1.48
The Forge on MainStudio AStudio ,1BA$1.40
714 N Main St, Unit Dewey's Boutique Apt714 N Main StStudio ,1BA$2.89
Market Street ApartmentsINMKS 0x1Studio ,1BA$2.16

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.

decorative image of people with a giant lease agreement

Frequently Asked Questions about Tepe Park

What type of rentals are currently available in Tepe Park?

There are currently 172 Apartments for Rent in Tepe Park, IN with pricing that ranges from $550 to $2,424. There are also 31 Single Family Homes for rent, Condos, and Townhome rentals currently available in Tepe Park ranging from $575 to $2,500.

What is the current price range for Rental Homes in Tepe Park?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Tepe Park ranges from $575 to $2,500 with an average monthly rent of $1,101.

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.

decorative image for Roommate Matching: Finding the Right Fit and Avoiding Pitfalls article

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

decorative image for The Art of the Rental Viewing: What to look for during a property tour article

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.

decorative image for Know Your Budget: Calculating What You Can Realistically Afford When Renting article

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.

decorative image for The Freedom of Short-Term Leases: Exploring the Advantages for Renters article

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.