Rentometer, Inc. | Data as of 10/23/2025
Evansville’s metro rental market offers a diverse mix of apartments and single‑family homes, catering to students, professionals, and families alike. Apartment options range from studios with median rents close to the $1,000 mark to spacious three‑bedroom units that sit in the $1,300‑$1,400 range. One‑bedroom apartments typically hover around a $900 median, while larger four‑plus‑bedroom layouts provide flexible space at competitive rates. For those preferring a house, one‑bedroom units are available in the $800‑$900 bracket, and three‑ to four‑plus‑bedroom homes command rents in the $1,300‑$1,600 range, reflecting the area’s value‑rich offerings. These price points make Evansville an attractive destination for renters seeking affordability without sacrificing quality or convenience.
The city’s vibrant neighborhoods enhance the appeal of its rental options. Downtown Evansville boasts riverfront apartments steps from the Evansville Museum of Arts, the historic Mesker Park Zoo, and a lively dining scene along Main Street. Near the University of Evansville, students enjoy modern studio and one‑bedroom apartments within walking distance of campus facilities and the vibrant College Hill district. Suburban areas such as the West Side and North Evansville feature family‑oriented houses close to parks, schools, and the popular Angel Mounds State Historic Site. With a blend of cultural attractions, outdoor recreation, and strong community amenities, Evansville’s rental market remains a compelling choice for anyone looking to call this thriving Indiana metro home.
| Property Type | Bedrooms | Average | Median | Min - Max | 25th - 75th |
|---|---|---|---|---|---|
| Apartment | Studio | $1,124 | $1,067 | $600 - $1,909 | $600 - $1,500 |
| Apartment | 1 Bedroom | $1,004 | $910 | $369 - $2,179 | $775 - $1,125 |
| Apartment | 2 Bedroom | $1,220 | $1,135 | $675 - $2,200 | $1,029 - $1,344 |
| Apartment | 3 Bedroom | $1,436 | $1,332 | $795 - $3,000 | $1,235 - $1,724 |
| House | 1 Bedroom | $708 | $710 | $450 - $939 | $625 - $795 |
| House | 2 Bedroom | $1,023 | $962 | $550 - $2,400 | $850 - $1,100 |
| House | 3 Bedroom | $1,438 | $1,350 | $750 - $3,995 | $1,100 - $1,650 |
| House | 4+ Bedroom | $1,748 | $1,600 | $800 - $3,500 | $1,300 - $2,295 |
In the current period, the average rent in Evansville, IN was $1,078 for Studio, $952 for 1 Bedroom, $1,114 for 2 Bedroom, $1,439 for 3 Bedroom, and $1,640 for 4+ Bedroom.
Data provided by Rentometer, Inc.