Last updated
Average Rent in Evansville IN & Rent Trends
Rent prices and market trends across 2 apartment communities in Evansville IN. Updated daily.
Market Average
$1,108/mo
Lowest Available
$1,000/mo
cheapest unit on market
Communities
2
tracked daily
Units Listed
3
available now
Rent by Neighborhood in Evansville IN
Compare average rent across Evansville IN neighborhoods. Click any area to see detailed trends.
| Neighborhood | Avg Rent | From | Properties | Units |
|---|---|---|---|---|
| Evansville 47710 | $1,275 | $1,275 | 1 | 1 |
| Ross Center | $913 | $650 | 1 | 10 |
Is Rent Going Up or Down in Evansville IN?
As of May 2026, the average rent in Evansville IN is $1,108 per month across 2 apartment communities and 3 available units.
The most affordable option is Fetter Properties Management Inc. starting at $1,000/mo. By unit type, a 2-bedroom averages $1,108/mo.
Prices range from $1,000 to $1,275 per month. The most common price point is the $1,000 range, where 2 units are currently listed.
Evansville IN Rent Price History
Collecting price history
Daily snapshots are being recorded. Trend charts will appear once we have enough data points.
Rent Price Distribution
Rent by Bedroom Type in Evansville IN
Rent Prices by Apartment in Evansville IN
| Property | Starting at | Average | Units | Rating |
|---|---|---|---|---|
| Fetter Properties Management Inc. | $1,000/mo | $1,025/mo | 2 | 2.7 |
| Kenzi Estates | $1,275/mo | $1,275/mo | 1 | 4.7 |
Google Search Trends for Evansville IN Apartments
Search interest for apartments in this area over the past 12 months.
Search Interest Over Time
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 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
$44,000/year
30 percent rule -- using our average rent of $1,108/mo.
Comfortable income
$53,000/year
25 percent rule -- leaves more room for savings, transport, and groceries.
To afford the cheapest tracked apartment ($1,000/mo), you need to earn at least $40,000/year.
Median household income in Evansville IN is $52,251 , about 2% 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) | $1,108 |
| Utilities | $266 |
| Groceries | $512 |
| Transportation | $635 |
| Healthcare | $310 |
| Other goods and services | $495 |
| Estimated total | $3,326/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.
Explore Evansville IN Apartments
Browse all 2 communities with daily-updated pricing and availability.