Best Affordable Neighborhoods in Evansville, IN
Some of the cheapest neighborhoods in Evansville are Greater Oakhill, Valley Downs, and Village at Timber Park. These neighborhoods offer some of the lowest rent prices in Evansville, making them ideal for renters on a budget. As of February 16, 2026, the average rent in Evansville is $856, which is 1.6% 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
TransitScore® Rating
0/100
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.
Valley Downs
Average Rent
$606/Month
Units Available
16 Rentals
If you’re looking for a great, affordable neighborhood in Evansville, Valley Downs might be the perfect place! It has an average rent price of $606, while the city’s average stands at $856. Valley Downs is near Howell Wetlands, University of Southern Indiana, and Lakeside Commons.
Village at Timber Park
Average Rent
$606/Month
Units Available
16 Rentals
Village at Timber Park is a top choice for budget-conscious renters for a variety of reasons. The average rent in Village at Timber Park is $606 while the city average is $856. Residents enjoy convenient access to Evansville Regional, Vann Pollack Park, and University of Southern Indiana.
Harrison Hill
Average Rent
$767/Month
Units Available
11 Rentals
When you’re looking for a great Evansville neighborhood on a budget, check out Harrison Hill. The average rent is $767, compared to the city average of $856. Harrison Hill is convenient to University of Evansville, Angel Mounds, and 111 South.
North Evansville
Average Rent
$797/Month
Year-Over-Year Rent Change
2%
TransitScore® Rating
0/100
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.
Idlewild
Average Rent
$820/Month
TransitScore® Rating
0/100
Units Available
11 Rentals
Idlewild is an affordable neighborhood in Evansville with an average rent price of $820. Compare this to the city average of $856. Idlewild provides easy access to University of Southern Indiana, Oakland City University, and University of Evansville. It’s a somewhat walkable neighborhood with a WalkScore® of 60.
Great Lakes Drive
Average Rent
$888/Month
TransitScore® Rating
0/100
Units Available
16 Rentals
If you’re looking for a great, affordable neighborhood in Evansville, Great Lakes Drive might be the perfect place! It has an average rent price of $888, while the city’s average stands at $856. Great Lakes Drive is near Green River Commons, Evansville Regional, and The Parke.
Brentwood
Average Rent
$892/Month
Units Available
12 Rentals
Brentwood is a top choice for budget-conscious renters for a variety of reasons. The average rent in Brentwood is $892 while the city average is $856. Residents enjoy convenient access to Vann Pollack Park, Howell Wetlands, and Lawndale Commons Shopping Center.
East Evansville
Average Rent
$935/Month
Year-Over-Year Rent Change
0.9%
TransitScore® Rating
0/100
Units Available
202 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
$959/Month
Year-Over-Year Rent Change
2.3%
TransitScore® Rating
0/100
Units Available
30 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.
Ready to make your move to Evansville? Check out the rent specials, price drops, and great deals on ApartmentFinder.com!
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.