
Cheap Homes for Rent in the Tepe Park Neighborhood of Evansville, IN from $500 (26 Rentals)
Search the lowest-cost Homes available for rent right now in the Tepe Park area of Evansville.


1231 Culver Ave

605 W Michigan St

206 W Louisiana St

218 E Michigan St

1609 Rheinhardt Ave
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.

1228 S Roosevelt Dr

1021 Jefferson Ave

1208 Henning Ave

640 Jefferson Ave

213 Taylor Ave

814 Taylor 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.

2167 E Powell Ave

924 SE 6th St

730 Covert Ave

2104 Lincoln Ave, Unit A

2717 S Villa Dr

1516 E Illinois St
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.

1306 W Missouri St

1905 S Taft Ave

629 S Harlan Ave

1330 SE 2nd St

1753 Edson Ave

1807 S Kerth Ave
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.

1413 E Illinois St

115 Read St
Tepe Park, Evansville, IN Local Guide

How much does it cost to rent a home in Tepe Park?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Tepe Park 2 Bedroom Homes for Rent | $996 | $695 | $1,500 |
| Tepe Park 3 Bedroom Homes for Rent | $1,283 | $700 | $2,950 |
| Tepe Park 4 Bedroom Homes for Rent | $1,000 | $1,000 | $1,000 |
Browse Homes for Rent in this Neighborhood
There are currently 26 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
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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 Bradford Pointe Apartments priced from $725. 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 |
|---|---|---|---|
| Bradford Pointe Apartments | INBFP 2x1 675sqft - Classic | 2BR,1BA | $725 |
| Wedgewood | Two Bedroom | 2BR,1BA | $750 |
| The Rathbone Apartments | 1bed, 1 bath | 1BR,1BA | $795 |
| The Forge on Main | Studio | Studio,1BA | $845 |
| 800 SE Second St | 1 Beds, 1 Baths | 1BR,1BA | $903 |
| Central Lofts | JJ | 2BR,1BA | $925 |
| 1330 SE Second St | 2 Beds, 1 Baths | 2BR,1BA | $995 |
| Colonial Manor Apartments | 2x1 R | 2BR,1BA | $995 |
| The Evansville Lofts | Cambridge Arms - 1 Bedroom 1 Bathroom | 1BR,1BA | $1,039 |
| Owen Block | Owen Block - 1 Bedroom 1 Bathroom | 1BR,1BA | $1,099 |
Best Value Apartments for Rent in Tepe Park, IN
As of July 15, 2026 the best value apartment in the Tepe Park area is the $1.42 price per square foot Nabisco Building - 2 Bedrooms 2 Bathrooms Model at Nabisco Building in the in the STAR neighborhood starting from $2,650. The second greatest value Tepe Park apartment is the Two Bedroom Model at Wedgewood starting at $750 with a $0.63 price per square foot in the Lincoln-Bellemeade neighborhood. 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. |
|---|---|---|---|
| Nabisco Building | Nabisco Building - 2 Bedrooms 2 Bathrooms | 2BR,2BA | $1.42 |
| Wedgewood | Two Bedroom | 2BR,1.5BA | $0.63 |
| 213 Cherry St, Unit Apt B | 213 Cherry St | 2BR,1BA | $1.31 |
| Owen Block | Owen Block - 1 Bedroom 1 Bathroom | 1BR,1BA | $1.22 |
| City Pointe | 2 Bedroom 1 Bath | 2BR,1BA | $1.33 |
| Colonial Manor Apartments | 2X1 | 2BR,1BA | $1.15 |
| Central Lofts | D | 2BR,1BA | $1.48 |
| Bradford Pointe Apartments | INBFP 2x1 675sqft - Deluxe | 2BR,1BA | $1.22 |
| Market Street Apartments | One Bedroom Apartment Home in Downtown Evansville | 1BR,1BA | $1.80 |
| The Forge on Main | Studio | Studio ,1BA | $1.48 |
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 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 #28
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
Delaware Elementary School
Benjamin Bosse High School
Glenwood Leadership Academy
School data provided by Great Schools
Frequently Asked Questions about Tepe Park
What type of rentals are currently available in Tepe Park?
There are currently 183 Apartments for Rent in Tepe Park, IN with pricing that ranges from $600 to $2,650. There are also 48 Single Family Homes for rent, Condos, and Townhome rentals currently available in Tepe Park ranging from $550 to $2,950.
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 $550 to $2,950 with an average monthly rent of $1,271.
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

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.