921 N Main St
EvansvilleIN47711
Cheap Apartments for Rent in the University South Neighborhood of Evansville, IN from $400 (22 Rentals)
Search the lowest-cost Apartments available for rent right now in the University South area of Evansville.
close
View Me
Rent Specials
$635 - $800Studio to 1 Bedroom Apartments Available Now
Embassy Apartments
1290 Hatfield DrEvansville, IN 47714
close
View Me
$6501 Bedroom Apartment Available Now
2175 E Columbia St, Unit 2191
2175 E Columbia StEvansville, IN 47711
close
View Me
507 S Evans Ave
EvansvilleIN47713
920 Lincoln Ave
EvansvilleIN47713
610 Taylor Ave
EvansvilleIN47713
2326 Vogel Rd
EvansvilleIN47711
800 Line St
EvansvilleIN47713
1326 E Olive St
EvansvilleIN47714
close
View Me
$800 - $1,911Studio to 2 Bedroom Apartments Available Now
The Forge on Main
200 N Main StEvansville, IN 47711
close
View Me
close
View Me
close
View Me
close
View Me
close
View Me
close
View Me
close
View Me
close
View Me
close
View Me
close
View Me
close
View Me
Showing Results 1-22, Page 1 of 1
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 | $956 | $635 | $1,300 |
| University South 1 Bedroom Apartments | $837 | $600 | $1,228 |
| University South 2 Bedroom Apartments | $1,119 | $700 | $1,911 |
| University South 3 Bedroom Apartments | $1,347 | $1,175 | $1,495 |
| University South 4 Bedroom Apartments | $1,325 | $1,325 | $1,325 |
Browse Apartments in this Neighborhood
There are currently 22 rentals with your search options within a 2 mile radius of the University South Neighborhood of Evansville, IN.
See all Apartments in EvansvilleExplore Evansville
University South, Evansville, IN Local Guide
- Nearby Evansville neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
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 $635. Addison Place has the second lowest priced unit, which is a 1 Bed apartment currently listed from $699. 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 | $635 |
| Addison Place | Windsor | 1BR,1BA | $699 |
| Princeton Court | 1 Bed 1 Bath | 1BR,1BA | $710 |
| Wedgewood | Two Bedroom | 2BR,1BA | $715 |
| The Forge on Main | Studio A | Studio,1BA | $800 |
Best Value Apartments for Rent in University South, IN
As of October 25, 2025 the best value apartment in the University South area is the $0.68 price per square foot Two Bedroom Model at Wedgewood in the in the Lincoln-Bellemeade neighborhood starting from $815. The second greatest value University South apartment is the 2BR/2.0BA Model at Sunset Tower starting at $1,350 with a $1.29 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. |
|---|---|---|---|
| Wedgewood | Two Bedroom | 2BR,1.5BA | $0.68 |
| Sunset Tower | 2BR/2.0BA | 2BR,2BA | $1.29 |
| The Rathbone Apartments | 2 Bedroom Unfurnished | 2BR,1BA | $1.07 |
| City Pointe | 2 Bedroom 1 Bath | 2BR,1BA | $1.30 |
| Colonial Manor Apartments | 2x1 R | 2BR,1BA | $1.05 |
| Legacy Commons | 1 BEDROOM | 1BR,1BA | $1.29 |
| Addison Place | Windsor | 1BR,1BA | $1.06 |
| Dalehaven Estates | Princess | 1BR,1BA | $1.36 |
| 2175 E Columbia St, Unit 2191 | 2175 E Columbia St | 1BR,1BA | $1.08 |
| Princeton Court | 1 Bed 1 Bath | 1BR,1BA | $1.23 |
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.
Let everyone know!
Do you know the University South area?
If you’re an expert on all things University South, tell us what you love (and don't) by rating it and writing a review.
Write a Review
Pet Friendly LifestyleUniversity South, Evansville, IN
Ranked #21
Among cities in Indiana 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
Evansville Vanderburgh Sch Corp
Public School - Grades PK-12 (833)
2 out of 10
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 a cheap apartment in University South?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in University South is under $949.
What is the price of a cheap apartment in University South?
The cheapest apartment in University South is Embassy Apartments which is listed at $697, while the average apartment in University South costs $1,795.
What types of apartments are the cheapest in University South?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 5 regular apartments in University South that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in University South?
Cheap apartments in University South have an average cost of $760 which is $1,035 cheaper than the average rent for all rentals in University South.
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.
Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.
How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!
The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Written by: Christine Leonard, Esq.
For many people, obstacles can arise during the rental application process for a variety of issues.