Cheapest Neighborhoods in Evansville, IN

Some of the cheapest neighborhoods in Evansville are Greater Oakhill, Hoosier-Cullen, and North Evansville. These neighborhoods offer some of the lowest rent prices in Evansville, making them ideal for renters on a budget. As of August 17, 2026, the average rent in Evansville is $875, which is 0.6% 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.

Hoosier-Cullen

Average Rent

$862/Month

Units Available

23 Rentals

Hoosier-Cullen is an affordable neighborhood in Evansville with an average rent price of $862. Compare this to the city average of $875. Hoosier-Cullen provides easy access to Angel Mounds, 815-821 S Green River Rd, and Lawndale Commons Shopping Center.

North Evansville

Average Rent

$864/Month

Year-Over-Year Rent Change

1.2%

Units Available

21 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.

Lynn View

Average Rent

$882/Month

Units Available

45 Rentals

If you’re looking for a great, affordable neighborhood in Evansville, Lynn View might be the perfect place! It has an average rent price of $882, while the city’s average stands at $875. Lynn View is near Village Green Plaza, Evansville Regional, and 4606 Covert Ave.

Brentwood

Average Rent

$894/Month

Units Available

17 Rentals

Brentwood is a top choice for budget-conscious renters for a variety of reasons. The average rent in Brentwood is $894 while the city average is $875. Residents enjoy convenient access to Evansville Regional, University of Evansville, and Lawndale Commons Shopping Center.

Kathleen-Jeannette

Average Rent

$904/Month

Year-Over-Year Rent Change

0.2%

Units Available

53 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.

East Evansville

Average Rent

$937/Month

Year-Over-Year Rent Change

0.4%

Units Available

242 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.

Lakeside Terrace Estates

Average Rent

$949/Month

Units Available

12 Rentals

When you’re looking for a great Evansville neighborhood on a budget, check out Lakeside Terrace Estates. The average rent is $949, compared to the city average of $875. Lakeside Terrace Estates is convenient to Angel Mounds, Eagle Slough Natural Area, and Evansville Pavilion.

Evansville West Side

Average Rent

$987/Month

Year-Over-Year Rent Change

4%

Units Available

56 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.

Hilltop

Average Rent

$1,078/Month

Year-Over-Year Rent Change

0.3%

Units Available

12 Rentals

Hilltop is an affordable neighborhood in Evansville with an average rent price of $1,078. Compare this to the city average of $875. In the past year, rent prices have increased by 0.3%. Hilltop provides easy access to Eagle Slough Natural Area, West Side Plaza, and University of Southern Indiana.

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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.