Cheap Homes for Rent in Tepe Park Neighborhood of Evansville, IN from $500 (16 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.

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.

Read Article
property at 1330 SE 2nd St

1330 SE 2nd St

EvansvilleIN47713

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.

Read Article

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.

Read Article
Showing Results 1-16, Page 1 of 1

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
Market Street ApartmentsStudio Apartment Home in Historic BuildingStudio,1BA$865
The Forge on MainTwo Bedroom A2BR,2BA$900

Best Value Apartments for Rent in Tepe Park, IN

As of June 02, 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

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 175 Apartments for Rent in Tepe Park, IN with pricing that ranges from $645 to $2,424. There are also 33 Single Family Homes for rent, Condos, and Townhome rentals currently available in Tepe Park ranging from $525 to $2,195.

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 $525 to $2,195 with an average monthly rent of $1,295.

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 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.

decorative image for Navigating the Rental Market: Tips for First-Time Renters article

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.