
Cheap Apartments for Rent in the Western Terrace Neighborhood of Evansville, IN from $400 (12 Rentals)
Search the lowest-cost Apartments available for rent right now in the Western Terrace area of Evansville.


Western Hills Apartments

Anchor Court

Lakewood Flats and Townhomes

Foxfire West Apartments

OrchardGate
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.

Westbriar Apartments

Westwood Apartments

Arbors

Shady Tree Apartments

Diamond Valley Apartments

Valore at Pine Hills
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.
Western Terrace, Evansville, IN Local Guide

How much does it cost to rent an apartment in Western Terrace?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Western Terrace Studio Apartments | $1,750 | $1,750 | $1,750 |
| Western Terrace 1 Bedroom Apartments | $1,049 | $550 | $2,000 |
| Western Terrace 2 Bedroom Apartments | $1,317 | $895 | $3,250 |
| Western Terrace 3 Bedroom Apartments | $1,483 | $1,345 | $1,720 |
| Western Terrace 4 Bedroom Apartments | $590 | $580 | $600 |
Browse Apartments in this Neighborhood
There are currently 12 rentals with your search options within a 2 mile radius of the Western Terrace Neighborhood of Evansville, IN.
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Western Terrace, Evansville, IN Local Guide
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Cheapest Available Western Terrace Apartments for Rent
 The cheapest available apartment rental in the Western Terrace area of Evansville, IN is a 1 Bed unit found at Lakewood Flats and Townhomes priced from $765. Foxfire West Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $785. Here are the most affordable Western Terrace apartments for rent in Evansville, IN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Lakewood Flats and Townhomes | 1sm wd | 1BR,1BA | $765 |
| Foxfire West Apartments | 1.1 | 1BR,1BA | $785 |
| North Park | McCallister | 1BR,1BA | $825 |
| Copper Creek Townhomes | A-1 Bedroom Ranch | 1BR,1BA | $925 |
| Mission Viejo Villas | B- Barcelona | 1BR,1BA | $945 |
Best Value Apartments for Rent in Western Terrace, IN
As of April 10, 2026 the best value apartment in the Western Terrace area is the $0.47 price per square foot 4BR/2BA - Furnished Model at Eagle Village - Historical Access in the in the Evansville West Side neighborhood starting from $565. The second greatest value Western Terrace apartment is the Estate Model at The Brickyard Apartments starting at $1,449 with a $1.38 price per square foot in the Howell neighborhood. Here is today’s list of the best values for Western Terrace apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Eagle Village - Historical Access | 4BR/2BA - Furnished | 4BR,2BA | $0.47 |
| The Brickyard Apartments | Estate | 3BR,1.5BA | $1.38 |
| 2316 W Franklin St, Unit Unit B | 2316 W Franklin St | 2BR,1BA | $1.56 |
| Mission Viejo Villas | B- Barcelona | 1BR,1BA | $1.16 |
| Leisure Living Lakeside | Azalea | 1BR,1BA | $1.25 |
| Copper Creek Townhomes | A-1 Bedroom Ranch | 1BR,1BA | $1.23 |
| North Park | McCallister | 1BR,1BA | $1.10 |
| Liv at Locust Creek | Luxury Brunswick with Carport | 1BR,1BA | $1.62 |
| Lakewood Flats and Townhomes | 1 bedroom w/d - Dogwood | 1BR,1BA | $1.33 |
| Foxfire West Apartments | 1.1 NS | 1BR,1BA | $1.23 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
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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 LifestyleWestern Terrace, Evansville, IN
Ranked #32
Among cities in Indiana for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
2.5Pet Friendly
Frequently Asked Questions about Cheap Western Terrace Apartments
What is the price of a cheap apartment in Western Terrace?
The cheapest apartment in Western Terrace is Lakewood Flats and Townhomes which is listed at $765, while the average apartment in Western Terrace costs $1,750.
What types of apartments are the cheapest in Western Terrace?
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 10 regular apartments in Western Terrace 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 Western Terrace?
Cheap apartments in Western Terrace have an average cost of $707 which is $1,043 cheaper than the average rent for all rentals in Western Terrace.
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

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.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.