
Cheap Homes for Rent in Wheeler Neighborhood of Evansville, IN from $400 (27 Rentals)
Search the lowest-cost Homes available for rent right now in the Wheeler area of Evansville.


1231 Culver Ave

1609 Rheinhardt Ave

1415 E Indiana St

605 W Michigan St

1021 Jefferson Ave
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.

658 E Louisiana St

1133 Bayard Park Dr

640 Jefferson Ave

213 Taylor Ave

1004 N Governor St

1013 N Garvin St
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.

924 SE 6th St

715 E Riverside Dr

32 W Tennessee St

1306 W Missouri St

217 E Oregon St

304 S Grand Ave
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.

2517 W Illinois St

1025 Covert Ave

1505 Jackson Ave

1330 SE 2nd St

510 E Franklin St

1413 E Illinois St
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.

329 Taylor Ave

1313 East Walnut

1807 S Kerth Ave
Wheeler, Evansville, IN Local Guide

How much does it cost to rent a home in Wheeler?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Wheeler 2 Bedroom Homes for Rent | $976 | $725 | $1,375 |
| Wheeler 3 Bedroom Homes for Rent | $1,250 | $800 | $2,400 |
| Wheeler 4 Bedroom Homes for Rent | $1,247 | $1,000 | $1,495 |
Browse Homes for Rent in this Neighborhood
There are currently 27 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
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Cheapest Available Wheeler Apartments for Rent
 The cheapest available apartment rental in the Wheeler area of Evansville, IN is a 2 Beds unit found at Wedgewood Apartments priced from $750. The Rathbone has the second lowest priced unit, which is a 1 Bed apartment currently listed from $795. Here are the most affordable Wheeler apartments for rent in Evansville, IN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Wedgewood Apartments | Two Bedroom | 2BR,1BA | $750 |
| The Rathbone | 1bed, 1 bath | 1BR,1BA | $795 |
| Bradford Pointe Apartments | INBFP 2x1 675sqft - Classic | 2BR,1BA | $805 |
| Market Street Apartments | Studio Apartment Home in Historic Building | Studio,1BA | $820 |
| 800 SE Second St | 1 Beds, 1 Baths | 1BR,1BA | $903 |
| Central Lofts | JJ | 2BR,1BA | $925 |
| 1330 SE Second St | 2 Beds, 1 Baths | 2BR,1BA | $995 |
| Colonial Manor Apartments | 2x1 R | 2BR,1BA | $995 |
| Forge on Main | 1 Bedroom | 1BR,1BA | $1,120 |
| City Pointe | 2 Bedroom 1 Bath | 2BR,1BA | $1,195 |
Best Value Apartments for Rent in Wheeler, IN
As of June 12, 2026 the best value apartment in the Wheeler area is the $1.18 price per square foot 2 Bedrooms, 2 Bathrooms Model at Nabisco Building in the in the STAR neighborhood starting from $2,199. The second greatest value Wheeler apartment is the Two Bedroom Model at Wedgewood Apartments starting at $750 with a $0.63 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. |
|---|---|---|---|
| Nabisco Building | 2 Bedrooms, 2 Bathrooms | 2BR,2BA | $1.18 |
| Wedgewood Apartments | Two Bedroom | 2BR,1.5BA | $0.63 |
| 213 Cherry St, Unit Apt B | 213 Cherry St | 2BR,1BA | $1.36 |
| City Pointe | 2 Bedroom 1 Bath | 2BR,1BA | $1.33 |
| Colonial Manor Apartments | 2X1 | 2BR,1BA | $1.15 |
| Forge on Main | 1 Bedroom | 1BR,1BA | $1.32 |
| 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 |
| 1330 SE Second St | 2 Beds, 1 Baths | 2BR,1BA | $1.57 |
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 LifestyleWheeler, Evansville, IN
Ranked #25
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 Wheeler
What type of rentals are currently available in Wheeler?
There are currently 169 Apartments for Rent in Wheeler, IN with pricing that ranges from $625 to $3,420. There are also 48 Single Family Homes for rent, Condos, and Townhome rentals currently available in Wheeler ranging from $625 to $2,400.
What is the current price range for Rental Homes in Wheeler?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Wheeler ranges from $625 to $2,400 with an average monthly rent of $1,107.
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

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.