Average Rent in Evansville, IN

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Current Versus Historical Evansville, IN Rents

Evansville rentals average $750 for a 1-bedroom rental to $1,150 for a 3-bedroom rental. The median price of all currently available listings is $850, or roughly $13 per square feet.

For the apartment units and housing in June 2026, median rents have risen substantially over the last year. Studio rentals prices have decreased by $88 (-12.28%) year-over-year from $713 to $625. 1-bedroom rentals prices have increased by $216 (28.22%) year-over-year from $767 to $983. 2-bedroom rentals prices have increased by $123 (14.20%) year-over-year from $863 to $985. 3-bedroom rentals prices have increased by $126 (12.29%) year-over-year from $1,024 to $1,150. 4-bedroom rentals prices have decreased by $972 (-50.56%) year-over-year from $1,922 to $950. Note that this figure includes all active and rented listings throughout the month.

Month-to-month, seasonality might have a bigger impact than overall trend price changes. Studio rents have gone down by 0.00% this month. 1-bedroom rents have gone up by 21.21% this month. 2-bedroom rents have gone up by 7.55% this month. 3-bedroom rents have gone up by 1.17% this month. 4-bedroom rents have gone down by 0.00% this month.

Beds	Price / Sqft	Jun 2026 Rent	1 Yr Ago Rent (% +/-)	3 Yr Ago Rent (% +/-)
1 BR	$16.98	$983	$767 (28.22%)	$708 (38.78%)
2 BR	$12.28	$985	$863 (14.20%)	$904 (8.98%)
3 BR	$14.05	$1,150	$1,024 (12.29%)	$1,313 (-12.38%)

Historical Rents in Evansville, IN

Studio

1 Bed

2 Bed

3 Bed

4 Bed

Top Cities Near Evansville

City	Studio	1 Bed	2 Bed	All

Top Neighborhoods Near Evansville

Neighborhood	Studio	1 Bed	2 Bed	All

Top Counties Near Evansville

County	Studio	1 Bed	2 Bed	All

Top Zipcodes Near Evansville

Zipcode	Studio	1 Bed	2 Bed	All

Frequently Asked Questions - Evansville Average Rents

What is the average rent price in Evansville, IN?

The average monthly rental price for Evansville, IN apartments for rent is approximately $850. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.

Do Evansville, IN rent prices drop in winter?

Yes! On average we see a 3.4% drop in rental prices between the peak summer months and the slower winter months. With the added bonus of decreased competition from other renters looking to move, winter is generally considered the best time of the year to find an apartment for rent in Evansville, IN.

How much is a one bedroom apartment in Evansville, IN?

The average monthly rental price for one bedroom apartments is $750 and an average price per square feet of $16.98. There are a total of 7 one bedroom apartment listings currently available for rent in Evansville.

How much is a two bedroom apartment in Evansville, IN?

The average monthly rental price for two bedroom apartments is $850 and an average price per square feet of $12.28. There are a total of 7 two bedroom apartment listings currently available for rent in Evansville.

How have rent prices in Evansville, IN changed this year?

Rent prices for rentals in Evansville, IN can fluctuate yearly. Specifically, studio rental prices have changed by -0.12%, one bedroom rental prices have changed by 0.28%, two bedroom rental prices have changed by 0.14%, three bedroom rental prices have changed by 0.12% year-over-year.

What is a reasonable rent price in Evansville, IN?

A reasonable rent price in Evansville, IN is around $680/month. You can search for these reasonably priced rental listings on RentHop.