Cheap Apartments for Rent in the Western Terrace Neighborhood of Evansville, IN from $400 (12 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Western Terrace area of Evansville.

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OrchardGate
1 to 2 Bedroom Apartments

OrchardGate

401 Applewood CtEvansville, IN 47712
  • Utilities Included

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.

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Westbriar Apartments
1 Bedroom Apartments

Westbriar Apartments

2300 W Iowa StEvansville, IN 47712
  • Utilities Included
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Westwood Apartments
1 to 2 Bedroom Apartments

Westwood Apartments

798 Douglas DrEvansville, IN 47712
  • Utilities Included
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Arbors
1 to 3 Bedroom Apartments

Arbors

4909 Sunnyside CtEvansville, IN 47712
  • Smoke Free

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

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 ListingModel NameBed/BathPriced From
Lakewood Flats and Townhomes1sm wd1BR,1BA$765
Foxfire West Apartments1.11BR,1BA$785
North ParkMcCallister1BR,1BA$825
Copper Creek TownhomesA-1 Bedroom Ranch1BR,1BA$925
Mission Viejo VillasB- Barcelona1BR,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 ListingModel NameBed/BathPrice Per Sq.Ft.
Eagle Village - Historical Access4BR/2BA - Furnished4BR,2BA$0.47
The Brickyard ApartmentsEstate3BR,1.5BA$1.38
2316 W Franklin St, Unit Unit B2316 W Franklin St2BR,1BA$1.56
Mission Viejo VillasB- Barcelona1BR,1BA$1.16
Leisure Living LakesideAzalea1BR,1BA$1.25
Copper Creek TownhomesA-1 Bedroom Ranch1BR,1BA$1.23
North ParkMcCallister1BR,1BA$1.10
Liv at Locust CreekLuxury Brunswick with Carport1BR,1BA$1.62
Lakewood Flats and Townhomes1 bedroom w/d - Dogwood1BR,1BA$1.33
Foxfire West Apartments1.1 NS1BR,1BA$1.23

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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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.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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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.

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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.

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Pet Friendly Lifestyle
Western Terrace, Evansville, IN

Ranked #32

Among cities in Indiana for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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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

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

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.

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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.

decorative image for 18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property article

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.

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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.