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
$869/mo
▲ +12% from last month
Lowest Available
$650/mo
cheapest unit on market
Communities
2
tracked daily
Units Listed
13
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 | $1,225 | $1,225 | 1 | 1 |
| Ross Center | $840 | $650 | 1 | 12 |
Is Rent Going Up or Down in Evansville, IN?
As of May 2026, the average rent in Evansville, IN is $869 per month across 2 apartment communities and 13 available units. Rents have increased $131 (12%) over the past month.
The most affordable option is Fetter Properties Management Inc. starting at $650/mo. By unit type, a 1-bedroom averages $653/mo, a 2-bedroom averages $1,138/mo, a 3-bedroom averages $2,500/mo.
Prices range from $650 to $2,500 per month. The most common price point is the $600 range, where 10 units are currently listed.
Evansville, IN Rent Price History
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 |
|---|---|---|---|---|
| Fetter Properties Management Inc. | $650/mo | $840/mo | 12 | 2.7 |
| Kenzi Estates | $1,225/mo | $1,225/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 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
$35,000/year
30 percent rule -- using our average rent of $869/mo.
Comfortable income
$42,000/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 25% 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) | $869 |
| Utilities | $266 |
| Groceries | $512 |
| Transportation | $635 |
| Healthcare | $310 |
| Other goods and services | $495 |
| Estimated total | $3,087/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.