Most Affordable Neighborhoods in Evansville, IN
Some of the cheapest neighborhoods in Evansville are Culver, Lamasco, and Business 41. These neighborhoods offer some of the lowest rent prices in Evansville, making them ideal for renters on a budget. As of February 1, 2025, the average rent in Evansville is $832, which is 2.6% 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.
Culver
Average Rent
$645/Month
Year-Over-Year Rent Change
1.4%
TransitScore® Rating
0/100
Units Available
1 Rentals
Culver is an affordable neighborhood in Evansville with an average rent price of $645. Compare this to the city average of $832. In the past year, rent prices have increased by 1.4%. Culver provides easy access to Vann Pollack Park, University of Southern Indiana, and Old Post Office And Retail Village. It’s a car-dependent neighborhood with a WalkScore® of 48.
Lamasco
Average Rent
$690/Month
Year-Over-Year Rent Change
1%
TransitScore® Rating
0/100
Units Available
1 Rentals
If you’re looking for a great, affordable neighborhood in Evansville, Lamasco might be the perfect place! It has an average rent price of $690, while the city’s average stands at $832. In the last year, prices have increased by 1%. Lamasco is near University of Southern Indiana, Evansville Regional, and Mesker Park Zoo and Botanic Garden.
Business 41
Average Rent
$698/Month
Year-Over-Year Rent Change
0.3%
TransitScore® Rating
0/100
Units Available
1 Rentals
Business 41 is a top choice for budget-conscious renters for a variety of reasons. The average rent in Business 41 is $698 while the city average is $832. This is a 0.3% difference from last year. Residents enjoy convenient access to Howell Wetlands, Morgan Ave Strip Center, and Evansville Shopping Center. The neighborhood is considered car-dependent with a WalkScore® of 37.
Willemette
Average Rent
$699/Month
Year-Over-Year Rent Change
1.7%
TransitScore® Rating
0/100
Units Available
3 Rentals
When you’re looking for a great Evansville neighborhood on a budget, check out Willemette. The average rent is $699, compared to the city average of $832. Rent prices have increased by 1.7%. Willemette is convenient to Mesker Park Zoo and Botanic Garden, Wesselman Woods Nature Preserve, and Oakland City University. The community is car-dependent with a WalkScore® of 49.
Greater Oakhill
Average Rent
$702/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.
Jacobsville
Average Rent
$777/Month
Year-Over-Year Rent Change
0.2%
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
$803/Month
Year-Over-Year Rent Change
3.6%
TransitScore® Rating
0/100
Units Available
26 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.
Wheeler
Average Rent
$831/Month
Year-Over-Year Rent Change
1.1%
TransitScore® Rating
0/100
Units Available
4 Rentals
Wheeler is an affordable neighborhood in Evansville with an average rent price of $831. Compare this to the city average of $832. In the past year, rent prices have increased by 1.1%. Wheeler provides easy access to Mesker Park Zoo and Botanic Garden, Oakland City University, and Howell Wetlands. It’s a somewhat walkable neighborhood with a WalkScore® of 63.
Spring Park
Average Rent
$858/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
$885/Month
Year-Over-Year Rent Change
0.4%
TransitScore® Rating
0/100
Units Available
22 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.
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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.