Most Affordable Neighborhoods in Evansville, IN
Some of the cheapest neighborhoods in Evansville are Culver, Greater Oakhill, and Lamasco. These neighborhoods offer some of the lowest rent prices in Evansville, making them ideal for renters on a budget. As of March 4, 2025, the average rent in Evansville is $833, which is 2.7% 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.
Culver
Average Rent
$645/Month
Year-Over-Year Rent Change
1.6%
TransitScore® Rating
0/100
Units Available
1 Rentals
When you’re looking for a great Evansville neighborhood on a budget, check out Culver. The average rent is $645, compared to the city average of $833. Rent prices have increased by 1.6%. Culver is convenient to University of Evansville, University of Southern Indiana, and LLOYD'S INLAND MARINE. The community is car-dependent with a WalkScore® of 48.
Greater Oakhill
Average Rent
$704/Month
TransitScore® Rating
0/100
Units Available
13 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.
Lamasco
Average Rent
$745/Month
Year-Over-Year Rent Change
1%
TransitScore® Rating
0/100
Units Available
2 Rentals
Lamasco is an affordable neighborhood in Evansville with an average rent price of $745. Compare this to the city average of $833. In the past year, rent prices have increased by 1%. Lamasco provides easy access to Howell Wetlands, University of Southern Indiana, and Oliver Plaza. It’s a walkable neighborhood with a WalkScore® of 76.
Jacobsville
Average Rent
$777/Month
TransitScore® Rating
0/100
Units Available
3 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.
North Evansville
Average Rent
$832/Month
Year-Over-Year Rent Change
4.1%
TransitScore® Rating
0/100
Units Available
20 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.
Spring Park
Average Rent
$868/Month
Year-Over-Year Rent Change
1%
TransitScore® Rating
0/100
Units Available
4 Rentals
Spring Park showcases a charming residential neighborhood with access to local parks, schools, and recreational activities. The quiet streets and proximity to shopping and dining make it a great place to live. The local Spring Park is a popular spot for outdoor activities.
Kathleen-Jeannette
Average Rent
$888/Month
Year-Over-Year Rent Change
1.1%
TransitScore® Rating
0/100
Units Available
23 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
$959/Month
Year-Over-Year Rent Change
2.9%
TransitScore® Rating
0/100
Units Available
161 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.
Eastview
Average Rent
$979/Month
TransitScore® Rating
0/100
Units Available
5 Rentals
Eastview is a peaceful neighborhood with spacious homes and access to local parks and schools. The nearby shopping centers make it a convenient location. The local Eastview Park is a popular spot for outdoor activities and community events.
Old Erie
Average Rent
$979/Month
Year-Over-Year Rent Change
2%
TransitScore® Rating
0/100
Units Available
3 Rentals
If you’re looking for a great, affordable neighborhood in Evansville, Old Erie might be the perfect place! It has an average rent price of $979, while the city’s average stands at $833. In the last year, prices have increased by 2%. Old Erie is near Evansville Regional, Vann Pollack Park, and Wesselman Woods Nature Preserve.
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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.