
Cheap Apartments for Rent in the Timber Park Neighborhood of Evansville, IN from $400 (29 Rentals)
Search the lowest-cost Apartments available for rent right now in the Timber Park area of Evansville.


TERRA TRACE

Princeton Court

The Timbers Apartments

Bradford Pointe Apartments

Sugar Mill Creek

Pavilion Lakes Apartments
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.

Ashley Pointe

Brooklyn Place

Kimber Green Apartments

The Westcott

The Reserve Apartments and Townhomes

WaterStone at Green River

Apartments@41
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.

Promenade Flats

The Flats at Keystone

3228 Park Ridge Dr

Chapel Court Apartments

None

Shannon Glenn

Normandy Arms
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.

Fairmont Apartments

SPRING VALLEY FLATS

1900 N Willow Rd

Lakeside Manor Apartments 55+

Eastland Apartments

Delaware Trace

3924 Seasons Pointe
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.

3617 Harvard Ct
Timber Park, Evansville, IN Local Guide

How much does it cost to rent an apartment in Timber Park?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Timber Park Studio Apartments | $906 | $600 | $1,200 |
| Timber Park 1 Bedroom Apartments | $989 | $700 | $1,669 |
| Timber Park 2 Bedroom Apartments | $1,409 | $805 | $4,449 |
| Timber Park 3 Bedroom Apartments | $1,490 | $1,315 | $1,637 |
| Timber Park 4 Bedroom Apartments | $1,849 | $1,849 | $1,849 |
Browse Apartments in this Neighborhood
There are currently 29 rentals with your search options within a 2 mile radius of the Timber Park Neighborhood of Evansville, IN.
See all Apartments in EvansvilleExplore Evansville
Timber Park, Evansville, IN Local Guide
- Nearby Evansville neighborhoods
- Nearby Cities
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Cheapest Available Timber Park Apartments for Rent
 The cheapest available apartment rental in the Timber Park area of Evansville, IN is a 1 Bed unit found at SPRING VALLEY FLATS priced from $599. Shannon Glenn has the second lowest priced unit, which is a 2 Beds apartment currently listed from $710. Here are the most affordable Timber Park apartments for rent in Evansville, IN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| SPRING VALLEY FLATS | The Redbud | 1BR,1BA | $599 |
| Shannon Glenn | McConnell | 2BR,1BA | $710 |
| TERRA TRACE | The Dogwood | 1BR,1BA | $749 |
| Princeton Court | 1 Bed 1 Bath | 1BR,1BA | $760 |
| Bradford Pointe Apartments | INBFP 2x1 675sqft - Classic | 2BR,1BA | $805 |
| Pavilion Lakes Apartments | The Michigan | 1BR,1BA | $950 |
| The Timbers Apartments | The Mahogany 2 BR 1 BA | 2BR,1BA | $954 |
| Ashley Pointe | One Bedroom Apartment | 1BR,1BA | $1,024 |
| Brooklyn Place | Ashford | 1BR,1BA | $1,029 |
| Kimber Green Apartments | The Maple (Up) | 1BR,1BA | $1,149 |
Best Value Apartments for Rent in Timber Park, IN
As of May 28, 2026 the best value apartment in the Timber Park area is the $1.15 price per square foot 3BR/2.0BA Model at Apartments@41 in the in the Business 41 neighborhood starting from $1,600. The second greatest value Timber Park apartment is the 2 Bed, 2 Bath Model at The Westcott starting at $1,283 with a $1.19 price per square foot in the Fielding Court neighborhood. Here is today’s list of the best values for Timber Park apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Apartments@41 | 3BR/2.0BA | 3BR,2BA | $1.15 |
| The Westcott | 2 Bed, 2 Bath | 2BR,2BA | $1.19 |
| Shannon Glenn | McConnell | 2BR,1BA | $0.89 |
| Brooklyn Place | Ashford | 1BR,1BA | $1.31 |
| Pavilion Lakes Apartments | The Michigan | 1BR,1BA | $1.32 |
| The Timbers Apartments | The Mahogany 2 BR 1 BA | 2BR,1BA | $1.36 |
| Bradford Pointe Apartments | INBFP 2x1 675sqft - Deluxe | 2BR,1BA | $1.34 |
| TERRA TRACE | The Dogwood | 1BR,1BA | $1.18 |
| Princeton Court | 1 Bed 1 Bath | 1BR,1BA | $1.32 |
| SPRING VALLEY FLATS | The Flowering Redbud | 1BR,1BA | $1.40 |
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 LifestyleTimber Park, Evansville, IN
Ranked #5
Among cities in Indiana for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
2.5Pet Friendly
Frequently Asked Questions about Cheap Timber Park Apartments
How much is rent for a Cheap One Bedroom Timber Park Apartment?
The lowest price for a Cheap One Bedroom Timber Park Apartment is $599 at SPRING VALLEY FLATS.
What is the lowest price for a Cheap Two Bedroom Timber Park Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Timber Park is starting from $710 at Shannon Glenn.
What is the most affordable Timber Park Three Bedroom Apartment?
The best deal on a cheap Timber Park Three Bedroom Apartment rental is at Brooklyn Place and starts from $1,369.
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

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.