
Cheap Apartments for Rent in the Wheeler Neighborhood of Evansville, IN from $400 (43 Rentals)
Search the lowest-cost Apartments available for rent right now in the Wheeler area of Evansville.


2621 Mt Vernon Ave, Unit 2621 Mt Vernon Ave Apt C

1123 Brookside Dr

Anchor Court

202 E Missouri St

701 Jackson Ave

610 Taylor Ave

306 308-308 E Florida St
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.

1411 W Maryland St

1341 E Illinois St

745 E Delaware St

101 SE 2nd St

509 SE 1st St

Bradford Pointe Apartments

1407 Fountain Ave

Market Street Apartments
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.

920 W Columbia St

The Evansville Lofts

115 Read St

1430 Parrett St

Westbriar Apartments

815 SE 6th St

The Grove

1231 Culver Ave
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

213 E Oregon St

1012 Mary St

Donaldson Arms

610 N Main St

649 E Oregon St

Wedgewood

1514 W Missouri St

Woodland Park Apartments
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

The Rathbone Apartments

640 Jefferson Ave

909 N 5th Ave

1622 E Indiana St

1419 SE 2nd St

1503 E Franklin St

924 SE 6th St

658 E Louisiana St
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

1413 E Indiana St

1608 Fountain Ave

1330 SE 2nd St
Wheeler, Evansville, IN Local Guide

How much does it cost to rent an apartment in Wheeler?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Wheeler Studio Apartments | $1,825 | $865 | $2,350 |
| Wheeler 1 Bedroom Apartments | $1,263 | $500 | $3,420 |
| Wheeler 2 Bedroom Apartments | $1,265 | $695 | $2,705 |
| Wheeler 3 Bedroom Apartments | $1,174 | $850 | $1,499 |
Browse Apartments in this Neighborhood
There are currently 43 rentals with your search options within a 2 mile radius of the Wheeler Neighborhood of Evansville, IN.
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Wheeler, Evansville, IN Local Guide
- Nearby Evansville neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Available Wheeler Apartments for Rent
 The cheapest available apartment rental in the Wheeler area of Evansville, IN is a 1 Bed unit found at The Rathbone Apartments priced from $795. Bradford Pointe Apartments has the second lowest priced unit, which is a 2 Beds apartment currently listed from $805. Here are the most affordable Wheeler apartments for rent in Evansville, IN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Rathbone Apartments | 1bed, 1 bath | 1BR,1BA | $795 |
| Bradford Pointe Apartments | INBFP 2x1 675sqft - Classic | 2BR,1BA | $805 |
| Central Lofts | JJ | 2BR,1BA | $925 |
| Colonial Manor Apartments | 2x1 R | 2BR,1BA | $995 |
| The Forge on Main | Studio A | Studio,1BA | $1,071 |
| City Pointe | 2 Bedroom 1 Bath | 2BR,1BA | $1,195 |
| Washington Court | 1 Bedroom, 1 Bathroom | 1BR,1BA | $1,339 |
| Post House | Ledger | 1BR,1BA | $1,535 |
Best Value Apartments for Rent in Wheeler, IN
As of April 12, 2026 the best value apartment in the Wheeler area is the $1.00 price per square foot 12 Park Pl Model at 12 Park Pl, Unit A in the in the Howell neighborhood starting from $1,700. The second greatest value Wheeler apartment is the 1327 Parrett St Model at 1327 Parrett St, Unit A starting at $1,325 with a $1.02 price per square foot in the Lincoln-Bellemeade neighborhood. Here is today’s list of the best values for Wheeler apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 12 Park Pl, Unit A | 12 Park Pl | 2BR,2BA | $1.00 |
| 1327 Parrett St, Unit A | 1327 Parrett St | 2BR,2BA | $1.02 |
| City Pointe | 2 Bedroom 1 Bath | 2BR,1BA | $1.33 |
| 2316 W Franklin St, Unit B | 2316 W Franklin St | 2BR,1BA | $1.56 |
| Colonial Manor Apartments | 2x1 R | 2BR,1BA | $1.15 |
| Washington Court | 2 Bedrooms, 1 Bathroom | 2BR,1BA | $1.92 |
| Central Lofts | D | 2BR,1BA | $1.48 |
| Bradford Pointe Apartments | INBFP 2x1 675sqft - Deluxe | 2BR,1BA | $1.34 |
| The Forge on Main | Studio A | Studio ,1BA | $1.88 |
| The Rathbone Apartments | 1bed, 1 bath | 1BR,1BA | $1.59 |
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.
Read ArticleDon'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 ArticleThe 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.
Read ArticleCash 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.
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 LifestyleWheeler, Evansville, IN
Ranked #50
Among cities in Indiana for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
2.5Pet Friendly
Best Local Schools in Wheeler, Evansville, IN
Delaware Elementary School
Benjamin Bosse High School
School data provided by Great Schools
Frequently Asked Questions about Cheap Wheeler Apartments
What is the price of a cheap apartment in Wheeler?
The cheapest apartment in Wheeler is The Rathbone Apartments which is listed at $795, while the average apartment in Wheeler costs $1,995.
What types of apartments are the cheapest in Wheeler?
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 4 regular apartments in Wheeler that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
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.