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Apartments Under $500 in Evansville, IN

1 - 3 of 3 Results
16
$446
Dalehaven Estates
2.8
3700 Justus Court Evansville, IN
2 BR | Available Now
Contact
Luxury
Income Restricted
Air Conditioning
In Unit Laundry
Balcony/Deck/Patio
1
$ Ask - 850
Wedgewood
1127 Lincoln Ave Evansville, IN
2 BR | Available Now
Contact
Storage
Disability Access
1
$115
Corporate Housing
1309 Carousel Ct Evansville, IN
2 BR | Ask for Availability
Contact
1 - 3 of 3 Results

All Apartments in Evansville, IN

30 Results
50
$1,149 - 1,599
Kimber Green
Deal
200 Kimber Ln Evansville, IN
1 - 3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Luxury
In Unit Laundry
Balcony/Deck/Patio
37
$848
Baker Flats
40 W Illinois St Evansville, IN
1 BR | Available Now
Contact
$2,279
Evansville - East
301 Eagle Crest Dr Evansville, IN
Studio | Available Now
Contact
Dog Friendly
Cat Friendly
Short-term
Air Conditioning
Covered Parking
7
$820 - 1,395
Market Street Apartments
301 NW 3rd St Evansville, IN
Studio - 2 BR | May. 20, 2026
Contact
Dog Friendly
Cat Friendly
Fitness Center
Downtown Evansville
8
$675 - 899
6907 Sweet Gum Ct
Evansville, IN
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
12
$805 - 905
Bradford Pointe Apartments
1680-1682 E Franklin St Evansville, IN
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Fitness Center
Dishwasher
Pool
1
$640
702 Fairway Dr
Evansville, IN
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Storage
Disability Access
Dishwasher
1
$1,200
Weinbach Apartments
2015 N Weinbach Ave Evansville, IN
2 BR | Available Now
Contact
Willemette
7
3D Tour
$995
Colonial Manor Apartments
1717 Lodge Ave Evansville, IN
2 BR | May. 28, 2026
Contact
Dog Friendly
Cat Friendly
Luxury
Section 8
Storage
37
$915 - 1,064
Village Green
4700 E Riverside Dr Evansville, IN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Luxury
In Unit Laundry
Balcony/Deck/Patio
18
$1,283 - 1,849
The Westcott
6649 Old Booneville Hwy Evansville, IN
2 - 4 BR | Available Now
Contact
Balcony/Deck/Patio
Fitness Center
Pool
10
$1,200
...
Evansville, IN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Storage
Dishwasher
Downtown Evansville
29
$770 - 1,589
The Timbers Apartments
Deal
3213 Tamarack Ct Evansville, IN
1 - 2 BR | Available Now
Contact
Air Conditioning
Surface Parking
Fitness Center
Pool
7
3D Tour
$1,200
Western Hills Apartments
1210 Western Hills Dr Evansville, IN
1 BR | Jun. 2, 2026
Contact
Storage
Disability Access
Western Terrace
10
$685 - 800
Embassy Apartments
1290 Hatfield Dr Evansville, IN
Studio - 1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Storage
Dexter
11
$1,450 - 1,600
4101 US-41
Evansville, IN
2 - 3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Fitness Center
61
$1,050 - 1,250
329 On Main
329 Main St Evansville, IN
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Downtown Evansville
1
$1,239
Granite Countertops***evansville, Indiana*** 2 Bed 1 Bath $1,239.00/mo
5562 E Virginia St Evansville, IN
2 BR | Jun. 12, 2026
Contact
Dog Friendly
Cat Friendly
House
Surface Parking
Balcony/Deck/Patio
1
$650
2511 N Kentucky Ave
Evansville, IN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Storage
Disability Access
1
$650
Dogwood Manor
2720 N Kentucky Ave Evansville, IN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Storage
Disability Access
10
$775
101 Se 2Nd St
Evansville, IN
1 BR | Ask for Availability
Contact
Dog Friendly
Cat Friendly
Downtown Evansville
14
$1,600
4002 Petes Ct
Evansville, IN
3 BR | Available Now
Contact
Balcony/Deck/Patio
Dishwasher
8
$1,350
605 W Michigan St Unit Unit
Evansville, IN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
STAR
1
$895
1205 & 1207 MacAruthur Circle
Evansville, IN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Ross Center
1
$1,199
7935 Circle Front Ct
Evansville, IN
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
House
Surface Parking
Fitness Center
1
$750
2323 E Florida St
Evansville, IN
2 BR | Available Now
Contact
Surface Parking
Storage
Spring Park
1
$815
2571 N Bedford Ave
Evansville, IN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
House
Diamond-Stringtown
1
$895
1219 & 1221 Joan Avenue
Evansville, IN
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Business 41
20
$1,100
1713 N Spring St
Evansville, IN
2 BR | Jun. 10, 2026
Contact
Balcony/Deck/Patio
Dishwasher
Willemette
1
$825
3 Bed 1 Bath House
1313 N 2Nd St Evansville, IN
3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
House
STAR
  1. Home
  2. Evansville
  3. Apartments Under $500
Frequently Asked Questions

How many apartments under $500 are available in Evansville, IN on Rentable.co?

There are 3 apartments under $500 in Evansville currently available for rent on Rentable.co.

How many studio apartments under $500 are available in Evansville?

Rentable.co has 8 studio apartments under $500 available for rent in Evansville.

How many one-bedroom apartments under $500 are available in Evansville?

Rentable.co has 25 one-bedroom apartments under $500 available for rent in Evansville.

How many two-bedroom apartments under $500 are available in Evansville?

Rentable.co has 90 two-bedroom apartments under $500 available for rent in Evansville.

Can I afford a apartment under $500 in Evansville, IN?

To comfortably afford a apartment under $500 in Evansville based on average rent prices, a household would need an annual income of $18,000.

Which neighborhoods have the most apartments under $500 for rent in Evansville, IN?

  1. Garvinwood

Apartments Under $500 in Evansville, IN: May Rental Information

Welcome to the May 2026 Evansville Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the May 2026 key findings and figures for the Evansville rental landscape.

Our experts analyze the inventory trends for apartments under $500 - overall market rent-distribution, availability by bedroom count, and month-over-month comparisons - in Evansville and surrounding areas. This summary also provides insight into available features and amenities, as well as location options for apartments under $500 in Evansville. Whether you're a student or young professional searching for an affordable option, this report aims to help you navigate the rental market with ease and find the perfect apartment that suits your budget and preferences.
0 7 15 22 30 <$600 $620 $660 $700 $740 $780 $820 $860 $900 $940 $980 $1,020 $1,060 >$1,100
This month, the typical cost to rent a one-bedroom apartment in Evansville stands at $780, with the majority falling between $650 and $1,120. Out of the 683 one-bedroom apartments currently on the market in Evansville, 4 are priced below $500, accounting for 1% of the total available one-bedroom units in Evansville.

Available Apartments Under $500: Evansville vs. Surrounding Areas

Evansville, IN
4
In May 2026, Rentable has identified a total of 7 apartments under $500 available for rent in the Evansville, IN metro area. This includes apartments in Evansville itself, as well as in the surrounding cities of Princeton, Newburgh, Chandler, Henderson, and Boonville. This data provides a comprehensive view of the rental market in the area, giving prospective renters an understanding of the availability and affordability of apartments in this price range.

Apartments Under $500 Now vs. Last Month: Evansville and Surrounding Areas

City Apartments Under $500 in May M/M % Change
Evansville, IN 4 +0.92%
Princeton, IN 1 +1.0%

Looking for Apartments Under $500 in Evansville?

Available apartments under $500 202
Top amenities On Site Laundry, Trash Removal Included, Range / Oven, Microwave, High Speed Internet
Pet friendly 1
Studio 1
1 Bedroom 1
2 Bedroom 5
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