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Average Rent in Evansville, IN

5 apartment buildings, 49 units. Daily asking prices with rent history for every building.

Browse apartments in Evansville, IN

Avg Rent

$1,152/mo

median $1,099

+12.9% vs last month

Cheapest

$745/mo

North Park Apartments

Properties

5

tracked daily

Units

49

available now

Evansville, IN Resident Access

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Analysis

Rent Price Breakdown

Compare pricing across all 5 properties in Evansville, IN.

Timeframe

Average rent trend, last 3 months

All bedroom types, citywide. Choose a window above to scope the view.

$1,236
Average rent today
Average rent trend in Evansville, IN $1,000$1,100$1,200$1,300 Jul 16Aug 6Aug 27Sep 17Oct 8

Full Evansville, IN price history

Average Rent by Property

Starting Price vs Average

Rent by Bedroom Count

Price per Square Foot

Evansville, IN Rent Prices

All 5 properties ranked by lowest available rent.

Rent & Price History by Building

Compare apartment listings by price, bedrooms, and neighborhood.

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By Area

Evansville, IN neighborhoods

Tracked buildings across 5 named neighborhoods. Pick one to see its apartments.

Compare neighborhood rents on the Evansville, IN rent map

Evansville, IN Average Rent Prices 2026

The average rent in Evansville, IN is $1,152 per month, based on 49 units across 5 apartment communities. Prices range from $745 at North Park Apartments to $2,135 at Post House Apartments.

Average Rent by Bedroom Type

Type Avg Rent Starting From Units
Studio $1,999/mo $1,999/mo 1
1 Bed $980/mo $745/mo 16
2 Bed $1,202/mo $779/mo 29
3 Bed $1,298/mo $1,180/mo 3

Every price is a real asking rent, updated that morning. Request a neighborhood we don't cover and we add it within 24 hours.

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Market Context

Who rents in Evansville, IN, and what they pay

Tracked one-bedroom rent in Evansville, IN averages $980/mo, with two-bedroom units averaging $1,202/mo. At the local median household income of $52,251, that works out to 26% of gross income, near the 30 percent affordability ceiling.

The U.S. Census Bureau's American Community Survey 2023 release pegged median gross rent in Evansville, IN at $949/mo. The current tracked market average runs 21% higher than that benchmark, reflecting both two to three years of rent growth and the fact that the Census figure covers all renter-occupied housing in Evansville, IN while the tracked market average covers units currently listed in larger apartment communities.

What salary do I need to live comfortably in Evansville, IN?

Built on the 25 to 30 percent rent-to-income guideline used by most landlords and credit-scoring models.

Minimum to afford average rent

$46,000/year

Based on the 30 percent rule, using our tracked average rent of $1,152/mo.

Comfortable income

$55,000/year

Based on the 25 percent rule, leaving more room for savings, transport, and groceries.

To afford the cheapest tracked apartment ($745/mo), you need to earn at least $30,000/year.

Median household income in Evansville, IN is $52,251 , about 6% below the comfortable-living threshold.

Cost of living in Evansville, IN

Overall prices in Evansville, IN runs below the national average by about 10% (BEA Regional Price Parity index 90.0, where 100 equals the U.S. average). The breakdown below estimates monthly costs for a single adult, using national consumer-spending baselines from the Bureau of Labor Statistics scaled by Evansville, IN's regional price parities.

Category Monthly estimate
Rent (market average) $1,152
Utilities $266
Groceries $512
Transportation $635
Healthcare $310
Other goods and services $495
Estimated total $3,370/mo

Population

116,441

Median household income

$52,251

Census median rent

$949/mo

Census rent burden

28.5%

Median age

38.1

Mean commute

19 min

Methodology

Rent data

Sourced directly from each tracked apartment community and refreshed every 24 hours. Every listed unit price on this page is real and listed today.

Cost of living

Estimates combine national consumer-spending baselines from the U.S. Bureau of Labor Statistics (Consumer Expenditure Survey) with the U.S. Bureau of Economic Analysis Regional Price Parities (MARPP dataset). Both are peer-reviewed federal data releases published annually.

Salary to live comfortably

Applies the standard 25 to 30 percent rent-to-income rule on top of the listed rent. This is the same affordability guideline used by most landlords and credit-scoring models.

Demographic figures

Median household income, population, median age, commute time, Census median rent, and rent as percentage of income come from the U.S. Census Bureau's American Community Survey 5-year estimates, the most recent complete release.

Cost of living and demographic figures were last published in 2023.

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Nearby cities in Indiana

How Evansville, IN rent compares to other markets in the state.

City Avg Rent vs Evansville, IN 30-Day Change Properties
Greenwood, IN $1,437 +25% -9.1% 35
Fishers, IN $1,928 +67% -2.4% 14
Indianapolis, IN $1,600 +39% -9.5% 11
Terre Haute, IN $1,131 -2% +6.2% 11
Carmel, IN $1,674 +45% -2% 10
Kokomo, IN $1,082 -6% -4.6% 10

Frequently asked questions

What is the average rent in Evansville, IN?

The average rent in Evansville, IN is $1,152 per month, based on 49 units across 5 apartment buildings tracked by Average Rent. Prices are refreshed daily.

What is the median rent in Evansville, IN?

The median asking rent in Evansville, IN is $1,099 per month, computed from 49 live listed units and refreshed daily. The average is $1,152/mo; the median resists skew from luxury listings.

What is the cheapest apartment rent in Evansville, IN?

The lowest available rent in Evansville, IN starts at $745 per month. Availability changes daily and prices are refreshed each morning.

How much is a 1-bedroom apartment in Evansville, IN?

1-bedroom apartments in Evansville, IN average $980/mo. The lowest listed 1-bedroom starts at $745/mo across 16 units tracked.

How much is a 2-bedroom apartment in Evansville, IN?

2-bedroom apartments in Evansville, IN average $1,202/mo. Units start from $779/mo across 29 units currently listed.

Rent Trends in Evansville, IN

Track how apartment prices are changing over time.

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