Best Affordable Neighborhoods in Evansville, IN
Some of the cheapest neighborhoods in Evansville are Greater Oakhill, North Evansville, and Hoosier-Cullen. These neighborhoods offer some of the lowest rent prices in Evansville, making them ideal for renters on a budget. As of May 18, 2026, the average rent in Evansville is $875, which is 0.8% higher than last year. However, it's important to remember that rental prices can vary significantly based on factors such as location, amenities, and floor plans.
Greater Oakhill
Average Rent
$606/Month
Units Available
16 Rentals
Greater Oakhill is a well-established neighborhood with tree-lined streets, local parks, and top-rated schools. The suburban feel and proximity to major shopping centers and recreational facilities make it a great place for families. The local Oakhill Park is a popular spot for outdoor activities.
North Evansville
Average Rent
$822/Month
Year-Over-Year Rent Change
1.7%
Units Available
23 Rentals
North Evansville is a suburban neighborhood known for its spacious homes, local parks, and easy access to shopping and dining. The quiet streets and suburban feel make it a great place to live. The nearby Mesker Park Zoo & Botanic Garden is a popular attraction for families.
Hoosier-Cullen
Average Rent
$836/Month
Units Available
14 Rentals
Hoosier-Cullen is an affordable neighborhood in Evansville with an average rent price of $836. Compare this to the city average of $875. Hoosier-Cullen provides easy access to Lawndale Commons Shopping Center, Wesselman Woods Nature Preserve, and Washington Square Mall.
East Evansville
Average Rent
$922/Month
Year-Over-Year Rent Change
0.9%
Units Available
209 Rentals
East Evansville is a neighborhood that offers a mix of residential homes and local businesses. Easy access to shopping, dining, and entertainment makes it a convenient location. The proximity to schools and parks, along with attractions like the Evansville Museum of Arts, History & Science, make it a great place to live.
Kathleen-Jeannette
Average Rent
$940/Month
Year-Over-Year Rent Change
5%
Units Available
31 Rentals
Kathleen-Jeannette showcases a quiet, residential neighborhood with spacious homes and easy access to local parks and schools. The peaceful environment and proximity to shopping and dining make it a great place to live. The local Kathleen Park is a popular spot for outdoor activities.
Evansville West Side
Average Rent
$1,022/Month
Year-Over-Year Rent Change
5.2%
Units Available
44 Rentals
Evansville West Side provides a mix of residential homes and local businesses. With easy access to parks and schools, it's a place where suburban living meets urban amenities. The nearby University of Southern Indiana is a popular attraction.
Jacobsville
Average Rent
$1,512/Month
Year-Over-Year Rent Change
0.4%
Units Available
104 Rentals
Jacobsville is a historic neighborhood undergoing revitalization. Offering affordable housing and proximity to downtown Evansville, it's a place where history meets the future. The community-focused atmosphere and nearby parks and schools make it a great place to live. The local Bosse Field, a historic baseball stadium, is a popular attraction.
Downtown Evansville
Average Rent
$1,767/Month
Year-Over-Year Rent Change
5.6%
Units Available
19 Rentals
Downtown Evansville is a mix of historic architecture, modern developments, and cultural attractions. Renters will enjoy the walkability and access to local restaurants, shops, and entertainment venues. The Evansville Museum Transportation Center is a popular local attraction.
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Methodology
Transit Score measures access to public transit. Scores range from 0 (minimal transit) to 100 (rider’s paradise). Learn more about the Transit Score methodology. Rental data is sourced from CoStar Group’s Market Trend reports. As a leading authority in commercial real estate information, analytics, and news, CoStar performs in-depth research to build and sustain an extensive database of commercial real estate insights.
We've combined this data with public records to provide the most current rental information available.