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Walking Tour Evansville Indiana USA
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Living here
Average rent in Evansville
What renters actually pay, by number of bedrooms, and how Evansville compares with Indiana and the US.
Median rent
$949/mo
30% below US
1 bedroom
$768/mo
35% below US
2 bedrooms
$1,022/mo
24% below US
Renters paying 30%+ of income
46%
US 50%
Renter households
24,114
Rent by number of bedrooms
Studio$741a month37% below USIncome needed: $29,640/yr
1 bedroom$768a month35% below USIncome needed: $30,720/yr
2 bedrooms$1,022a month24% below USIncome needed: $40,880/yr
3 bedrooms$1,167a month22% below USIncome needed: $46,680/yr
4 bedrooms$1,275a month31% below USIncome needed: $51,000/yr
5+ bedrooms$1,615a month18% below USIncome needed: $64,600/yr
Median gross rent (contract rent plus utilities) for occupied rental units, by bedrooms. Income needed uses the 30% rule.
How Evansville compares
- Evansville$741
- Indiana$838
- United States$1,185
- Evansville$768
- Indiana$845
- United States$1,180
- Evansville$1,022
- Indiana$1,030
- United States$1,338
- Evansville$1,167
- Indiana$1,181
- United States$1,500
Two-bedroom rent in nearby cities
Nearby cities are other Local City Network guides in Indiana, nearest first.
What rent can you afford?
$
At 30% of income you can spend about $1,022 a month.
- Studio $741
- 1 bedroom $768
- 2 bedrooms $1,022
- 3 bedrooms $1,167
- 4 bedrooms $1,275
- 5+ bedrooms $1,615
Green means the median Evansville rent for that size fits your budget. Landlords often ask for income of 2.5–3× the monthly rent.
How stretched are renters?
46% of Evansville renters spend 30% or more of their income on rent, and 23% spend half or more. The typical renter household puts 28.5% of its income toward rent (US: 50% and 25%).
Rent by zip code
47708$1,154/momedian rent47715$1,009/momedian rent47711$982/momedian rent47714$951/momedian rent47713$931/momedian rent47710$857/momedian rent
Median gross rent for each ZIP Code Tabulation Area that overlaps Evansville.
HUD fair market rents
Studio$866
1 bedroom$872
2 bedrooms$1,127
3 bedrooms$1,387
4 bedrooms$1,534
HUD’s 2027 fair market rents for Evansville, IN MSA are the payment benchmarks for housing vouchers (about the 40th percentile of recent movers’ rents), so they often differ from the medians above.
More on living in Evansville
See Evansville
Questions
What is the average rent in Evansville?
The median gross rent (rent plus utilities) is $949 a month, 7% below the Indiana median and 30% below the national median.
How much is a one-bedroom apartment in Evansville?
The median one-bedroom rents for $768 a month (US: $1,180).
How much is a two-bedroom in Evansville?
The median two-bedroom rents for $1,022 a month (US: $1,338).
How much do you need to make to rent in Evansville?
Using the common 30% rule, a median two-bedroom ($1,022) takes a household income of about $40,880 a year, and a one-bedroom about $30,720.
Is rent affordable in Evansville?
About 46% of Evansville renters spend 30% or more of their income on rent, and 23% spend at least half (US: 50% and 25%).
Source: U.S. Census Bureau, American Community Survey 2019–2023 5-year estimates (tables B25031, B25070 and B25071). Estimates have margins of error; figures are in 2023 dollars.