
Cheap Apartments for Rent in the University South Neighborhood of Evansville, IN from $300 (17 Rentals)
Search the lowest-cost Apartments available for rent right now in the University South area of Evansville.


921 N Main St

Embassy Apartments

117 E Chandler Ave

SPRING VALLEY FLATS
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
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Devonshire Gardens I & II

2024 Lincoln Ave
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University South, Evansville, IN Local Guide

How much does it cost to rent an apartment in University South?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
University South Studio Apartments | $691 | $550 | $1,071 |
University South 1 Bedroom Apartments | $860 | $600 | $1,289 |
University South 2 Bedroom Apartments | $1,104 | $650 | $1,911 |
University South 3 Bedroom Apartments | $1,269 | $800 | $1,560 |
Browse Apartments in this Neighborhood
There are currently 17 rentals with your search options within a 2 mile radius of the University South Neighborhood of Evansville, IN.
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University South, Evansville, IN Local Guide
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Cheapest Available University South Apartments for Rent
 The cheapest available apartment rental in the University South area of Evansville, IN is a Studio unit found at Embassy Apartments priced from $645. SPRING VALLEY FLATS has the second lowest priced unit, which is a 1 Bed apartment currently listed from $695. Here are the most affordable University South apartments for rent in Evansville, IN:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Embassy Apartments | 0.1 | Studio,1BA | $645 |
SPRING VALLEY FLATS | The Redbud | 1BR,1BA | $695 |
Devonshire Gardens I & II | II 1 Bed 1 Bath A | 1BR,1BA | $700 |
Addison Place | Windsor | 1BR,1BA | $799 |
The Manning | 1 Bedroom 1 Bathroom | 1BR,1BA | $869 |
Best Value Apartments for Rent in University South, IN
As of June 08, 2025 the best value apartment in the University South 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 University South apartment is the 2BR/2.0BA Model at Sunset Tower starting at $1,100 with a $1.05 price per square foot in the ACT neighborhood. Here is today’s list of the best values for University South apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
The Forge on Main | Two Bedroom A | 2BR,2BA | $0.77 |
Sunset Tower | 2BR/2.0BA | 2BR,2BA | $1.05 |
Indian Woods | The Oak | 2BR,1BA | $1.05 |
Naveen Pine Apartments | Cozy Two Bedroom Apartment Home | 2BR,1BA | $1.12 |
City Pointe | 1 Bedroom 1 Bath | 1BR,1BA | $1.25 |
The Manning | 2 Bedroom 1 Bathroom | 2BR,1BA | $1.29 |
The Timbers Apartments | The Mahogany 2 BR 1 BA | 2BR,1BA | $1.32 |
Addison Place | Windsor | 1BR,1BA | $1.21 |
TERRA TRACE | The Dogwood | 1BR,1BA | $1.49 |
Devonshire Gardens I & II | II 1 Bed 1 Bath A | 1BR,1BA | $1.34 |
Quick Rent Budget Calculator
How much rent can you afford?
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Pet Friendly LifestyleUniversity South, Evansville, IN
Ranked #26
Among neighborhoods in Evansville, IN for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
3.0Pet Friendly
Best Local Schools in University South, Evansville, IN
Benjamin Bosse High School
School data provided by Great Schools
Getting Around the University South Neighborhood in Evansville, IN
Walk Score®
57 / 100
Somewhat Walkable
Some errands can be accomplished on foot
Bike Score®
51 / 100
Bikeable
Some bike infrastructure
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Cheap University South Apartments
What is the Cheapest Studio apartment in University South?
Currently the most affordable Cheap Studio Apartment in University South is at Embassy Apartments listed at $645.
How much is rent for a Cheap One Bedroom University South Apartment?
The lowest price for a Cheap One Bedroom University South Apartment is $695 at SPRING VALLEY FLATS.
What is the lowest price for a Cheap Two Bedroom University South Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in University South is starting from $875 at Devonshire Gardens I & II.
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.

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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.

Know Your Budget: Calculating What You Can Realistically Afford When Renting
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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.

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.

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Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.