
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.


Total Monthly Price
2766 Forest Ave, Unit 2766 Forest Ave., Unit 2766 Forest Ave.

Lakewood Flats and Townhomes

Foxfire West Apartments

1528 W Florida St, Unit 1528 w Florida st

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
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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 | $1,600 | $1,600 | $1,600 |
| Western Terrace 1 Bedroom Apartments | $1,020 | $625 | $1,850 |
| Western Terrace 2 Bedroom Apartments | $1,303 | $895 | $3,000 |
| Western Terrace 3 Bedroom Apartments | $1,432 | $1,250 | $1,640 |
| 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.
See all Apartments in EvansvilleExplore Evansville
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 Anchor Court priced from $625. Shady Tree Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $745. Here are the most affordable Western Terrace apartments for rent in Evansville, IN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Anchor Court | 1BR/1.0BA | 1BR,1BA | $625 |
| Shady Tree Apartments | The Elm | 1BR,1BA | $745 |
| Lakewood Flats and Townhomes | 1sm wd | 1BR,1BA | $765 |
| Foxfire West Apartments | 1.1f | 1BR,1BA | $795 |
| Copper Creek Townhomes | A-1 Bedroom Ranch | 1BR,1BA | $925 |
Best Value Apartments for Rent in Western Terrace, IN
As of May 25, 2026 the best value apartment in the Western Terrace area is the $1.30 price per square foot Tudor Model at The Brickyard Apartments in the in the Howell neighborhood starting from $1,640. The second greatest value Western Terrace apartment is the 4BR/2BA - Furnished Model at Eagle Village - Historical Access starting at $565 with a $0.47 price per square foot in the Evansville West Side 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. |
|---|---|---|---|
| The Brickyard Apartments | Tudor | 3BR,2BA | $1.30 |
| Eagle Village - Historical Access | 4BR/2BA - Furnished | 4BR,2BA | $0.47 |
| North Park | Berkshire | 2BR,1.5BA | $1.12 |
| Mission Viejo Villas | B- Barcelona | 1BR,1BA | $1.16 |
| Foxfire West Apartments | 2.1f cab bl | 2BR,1BA | $1.26 |
| Copper Creek Townhomes | A-1 Bedroom Ranch | 1BR,1BA | $1.23 |
| Lakewood Flats and Townhomes | 1sm wd | 1BR,1BA | $1.22 |
| 2766 Forest Ave, Unit 2766 Forest Ave. | 2766 Forest Ave | 1BR,1BA | $1.12 |
| Shady Tree Apartments | The Elm | 1BR,1BA | $1.30 |
| Anchor Court | 1BR/1.0BA | 1BR,1BA | $1.34 |
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 LifestyleWestern Terrace, Evansville, IN
Ranked #44
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 Anchor Court which is listed at $625, while the average apartment in Western Terrace costs $1,600.
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 11 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 $650 which is $950 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

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
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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
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This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

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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.