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.