Average Rent in Evansville IN
5 apartment buildings, 11 units. Real prices pulled from each property's leasing system this morning.
Avg Rent
$945/mo
Cheapest
$650/mo
Properties
5
Units
11
Analysis
Rent Price Breakdown
Compare pricing across all 5 properties in Evansville IN.
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.
Fetter Properties Management Inc.
18 S Congress Ave, Evansville, IN 47714, USA
Kenzi Estates
1219 Kiwi Ct, Evansville, IN 47710, USA
Bradford Pointe Apartments
1680 E Franklin St, Evansville, IN 47711, USA
EVV Housing
Center Township, 815 John St, Evansville, IN 47713, USA
Homes of Evansville
17 Washington Ave, Evansville, IN 47713, USA
| # | Property | From | Avg | $/sqft | Rating | Units |
|---|---|---|---|---|---|---|
| 1 | Fetter Properties Management Inc. 18 S Congress Ave, Evansville, IN 47714, USA | $650 | $913 | $1.22 | 2.7 | 10 |
| 2 | Kenzi Estates 1219 Kiwi Ct, Evansville, IN 47710, USA | $1,275 | $1,275 | $6.38 | 4.7 | 1 |
| 3 | Bradford Pointe Apartments 1680 E Franklin St, Evansville, IN 47711, USA | -- | -- | -- | 3.5 | 0 |
| 4 | EVV Housing Center Township, 815 John St, Evansville, IN 47713, USA | -- | -- | -- | 5 | 0 |
| 5 | Homes of Evansville 17 Washington Ave, Evansville, IN 47713, USA | -- | -- | -- | 4.6 | 0 |
Explore Each Property
Fetter Properties Management Inc.
2.718 S Congress Ave, Evansville, IN 47714, USA
Kenzi Estates
4.71219 Kiwi Ct, Evansville, IN 47710, USA
Bradford Pointe Apartments
3.51680 E Franklin St, Evansville, IN 47711, USA
EVV Housing
5Center Township, 815 John St, Evansville, IN 47713, USA
Homes of Evansville
4.617 Washington Ave, Evansville, IN 47713, USA
Evansville IN Average Rent Prices 2026
The average rent in Evansville IN is $945 per month, based on 11 units across 5 apartment communities. Prices range from $650 at Fetter Properties Management Inc. to $1,275 at Kenzi Estates.
Average Rent by Bedroom Type
| Type | Avg Rent | Starting From | Units |
|---|---|---|---|
| 1 Bed | $654/mo | $650/mo | 7 |
| 2 Bed | $1,108/mo | $1,000/mo | 3 |
| 3 Bed | $2,500/mo | $2,500/mo | 1 |
Every price comes directly from each property's leasing system, updated that morning. Request a neighborhood we don't cover and we add it within 24 hours.
Market Context
Who rents in Evansville IN, and what they pay
Tracked one-bedroom rent in Evansville IN averages $654/mo, with two-bedroom units averaging $1,108/mo. At the local median household income of $52,251, that works out to 22% of gross income, well within the 25 percent comfortable-rent threshold.
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 0% below 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
$38,000/year
30 percent rule -- using our average rent of $945/mo.
Comfortable income
$45,000/year
25 percent rule -- leaves more room for savings, transport, and groceries.
To afford the cheapest tracked apartment ($650/mo), you need to earn at least $26,000/year.
Median household income in Evansville IN is $52,251 , about 15% above 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) | $945 |
| Utilities | $266 |
| Groceries | $512 |
| Transportation | $635 |
| Healthcare | $310 |
| Other goods and services | $495 |
| Estimated total | $3,163/mo |
Population
116,441
Median household income
$52,251
Census median rent
$949/mo
Rent as % of income
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.
Compare
Nearby cities in Indiana
How Evansville IN rent compares to other markets in the state.
| City | Avg Rent | vs Evansville IN | Properties |
|---|---|---|---|
| South Bend, IN | $1,576 | +67% | 10 |
| Indianapolis, IN | $1,710 | +81% | 7 |
| Fort Wayne, IN | $1,115 | +18% | 7 |
Frequently asked questions
What is the average rent in Evansville IN?
The average rent in Evansville IN is $945 per month, based on 11 units across 5 apartment buildings tracked by Average Rent. Prices are updated every morning through our proprietary data sourcing.
What is the cheapest apartment rent in Evansville IN?
The lowest available rent in Evansville IN starts at $650 per month. Availability changes daily as leasing data is refreshed each morning.
How much is a 1-bedroom apartment in Evansville IN?
1-bedroom apartments in Evansville IN average $654/mo. The lowest listed 1-bedroom starts at $650/mo across 7 units tracked.
How much is a 2-bedroom apartment in Evansville IN?
2-bedroom apartments in Evansville IN average $1,108/mo. Units start from $1,000/mo across 3 units currently listed.
Rent Trends in Evansville IN
Track how apartment prices are changing over time.
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