Last updated
Average Rent in Evansville, IN & Rent Trends
Rent prices and market trends across 7 apartment communities in Evansville, IN. Updated daily.
Market Average
$1,056/mo
▼ 3.1% from last month
Lowest Available
$600/mo
cheapest unit on market
Communities
7
tracked daily
Units Listed
30
available now
Price Cuts This Week in Evansville, IN
9 listed units across 3 buildings in Evansville, IN dropped their asking rent in the past 7 days, an average cut of $68/mo. These are the largest cuts, tracked unit by unit with daily price checks.
| Apartment | Unit | Last Week | Now | Cut |
|---|---|---|---|---|
| Lakewood Flats & Townhomes West | Unit 1 | $1,160 | $1,010 | $150 |
| Manning Apartment Homes | Unit 4 | $1,149 | $1,049 | $100 |
| Manning Apartment Homes | Unit 5 | $1,199 | $1,099 | $100 |
| North Park Apartments | Unit 1, Berkshire | $1,065 | $999 | $66 |
| Manning Apartment Homes | Unit 3 | $949 | $889 | $60 |
| North Park Apartments | Unit 9, McCallister | $875 | $825 | $50 |
| Manning Apartment Homes | Unit 2 | $899 | $859 | $40 |
| North Park Apartments | Unit 3, Harrington | $990 | $965 | $25 |
Rent by Neighborhood in Evansville, IN
Compare average rent across Evansville, IN neighborhoods. Click any area to see detailed trends.
| Neighborhood | Avg Rent | 30d Change | From | Properties | Units |
|---|---|---|---|---|---|
| North Park | $1,102 | ▼ $74 | $825 | 2 | 12 |
| Westside | $1,098 | - | $1,010 | 1 | 2 |
| Goosetown | $1,050 | - | $600 | 3 | 13 |
| Ross Center | $866 | - | $849 | 1 | 3 |
Is Rent Going Up or Down in Evansville, IN?
As of July 2026, the average rent in Evansville, IN is $1,056 per month across 7 apartment communities and 30 available units. Rents have decreased $37 (3.1%) over the past month.
The most affordable option is EVV Housing starting at $600/mo. By unit type, a studio averages $600/mo, a 1-bedroom averages $880/mo, a 2-bedroom averages $1,172/mo.
Prices range from $600 to $1,455 per month. The most common price point is the $1,000 range, where 10 units are currently listed.
Evansville, IN Rent Price History
View as table
| Month | Avg Rent | Change | Properties |
|---|---|---|---|
| July 2026 | $1,180 | - | 7 |
Average Rent by Bedroom
Rent Price Distribution
Rent by Bedroom Type in Evansville, IN
Rent Prices by Apartment in Evansville, IN
| Property | Starting at | Average | Units | Rating |
|---|---|---|---|---|
| EVV Housing | $600/mo | $956/mo | 9 | 5 |
| North Park Apartments | $825/mo | $1,068/mo | 10 | 4.1 |
| Manning Apartment Homes | $849/mo | $866/mo | 3 | 3.9 |
| City Pointe Apartments and Townhomes Evansville | $999/mo | $1,198/mo | 3 | 4.4 |
| Lakewood Flats & Townhomes West | $1,010/mo | $1,098/mo | 2 | 3 |
| Kenzi Estates | $1,275/mo | $1,275/mo | 2 | 4.7 |
| Homes of Evansville | $1,455/mo | $1,455/mo | 1 | 4.6 |
Frequently Asked Questions About Rent in Evansville, IN
What is the average rent in Evansville, IN?
Is rent going up or down in Evansville, IN?
What is the cheapest apartment in Evansville, IN?
How much is a 1-bedroom apartment in Evansville, IN?
How many apartments are available in Evansville, IN?
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
$42,000/year
Based on the 30 percent rule, using our tracked average rent of $1,056/mo.
Comfortable income
$51,000/year
Based on the 25 percent rule, leaving more room for savings, transport, and groceries.
To afford the cheapest tracked apartment ($600/mo), you need to earn at least $24,000/year.
Median household income in Evansville, IN is $52,251 , about 3% 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) | $1,056 |
| Utilities | $266 |
| Groceries | $512 |
| Transportation | $635 |
| Healthcare | $310 |
| Other goods and services | $495 |
| Estimated total | $3,274/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.
Google Search Trends for Evansville, IN Apartments
Search interest for apartments in this area over the past 12 months.
Search Interest Over Time
Explore Evansville, IN Apartments
Browse all 7 communities with daily-updated pricing and availability.