Rental market snapshot for Evansville, Indiana

Evansville, Indiana Rental Property Market Overview

Evansville, Indiana is a city located in the southwestern corner of the state. According to the US Census, the population of Evansville in 2021 is 116,486. The city is known for its vibrant culture, diverse economy, and friendly people. Evansville is home to a variety of attractions, including the Mesker Park Zoo and Botanic Garden, the Evansville Museum of Arts, History, and Science, and the Angel Mounds State Historic Site. The city also boasts a variety of restaurants, shops, and entertainment venues. Evansville is a great place to live, work, and play.

The average rent for an apartment in Evansville is $763. The cost of rent varies depending on several factors, including location, size, and quality.

The average rent has decreased by -0.60% over the past year.

Last Updated January 31, 2023

Average monthly rent graph in Evansville Indiana | Cost of Living

  • The most expensive ZIP Code in Evansville is 47713 with an average price of $1,199
  • The cheapest ZIP Code in Evansville is 47710 with an average price of $576

Evansville ZIP Codes with the highest, most expensive rent

#zip codeaverage rent
147713$1,199
247714$950
347720$950
447725$830
547708$825

Live near Evansville, Indiana's Top Sights and Attractions

Howell Park is a large public park located on the banks of the Ohio River. It features a variety of recreational activities, including a playground, walking trails, picnic areas, and a boat launch. The park also has a large open field, perfect for playing sports or having a picnic. The park is also home to a variety of wildlife, including birds, deer, and other animals.

Sunset Park is a beautiful outdoor destination located on the banks of the Ohio River. It features a variety of recreational activities, including a playground, walking trails, picnic areas, and a fishing pier. The park also offers stunning views of the river and the surrounding area, making it a great spot for a relaxing day outdoors.

Montoux Park is a large outdoor recreational area located on the banks of the Ohio River. It features a variety of activities and attractions, including a large playground, a walking trail, a fishing pier, a boat launch, and a picnic area. The park also has a large open field, perfect for playing sports or having a picnic. The park is a great place to spend the day with family and friends, and is a popular spot for locals and visitors alike.

Bayard Park is a beautiful outdoor space located on the banks of the Ohio River. It features a large lake, walking trails, a playground, and plenty of open green space. Visitors can enjoy a variety of activities, such as fishing, boating, picnicking, and playing sports. The park also has a large amphitheater, which hosts concerts and other events throughout the year.

State Hospital Grounds Park is a large, picturesque park located on the grounds of a former state hospital. The park features a variety of amenities, including walking trails, a playground, a disc golf course, and a large pond. The park also has a variety of wildlife, including ducks, geese, and other birds. The park is a popular spot for locals to enjoy the outdoors, take a leisurely stroll, or have a picnic.

Mesker Park is a large public park located in the heart of Evansville. It features a variety of activities, including a zoo, an amphitheater, a golf course, a lake, and a variety of walking and biking trails. The park also has a playground, picnic areas, and a variety of sports fields. It is a popular destination for families and visitors alike, offering something for everyone.

Price Park is a large public park located on the banks of the Ohio River. It features a variety of outdoor activities, including walking trails, playgrounds, picnic areas, and a boat ramp. The park also has a large open field, perfect for playing sports or having a picnic. There is also a large pavilion with a stage for concerts and other events. The park is a great place to relax and enjoy the outdoors.

Goebel Soccer Complex is a premier outdoor sports facility located in Evansville, Indiana. It features 13 full-size soccer fields, two championship fields, a playground, and a concession stand. The complex is well-maintained and offers a variety of amenities, including a walking trail, restrooms, and a picnic area. It is a great place for soccer players of all ages and skill levels to practice and play. The complex also hosts tournaments and special events throughout the year.

Garvin Park is a large, lush park located on the banks of the Ohio River. It features a variety of amenities, including a playground, walking trails, a disc golf course, a fishing pond, a picnic pavilion, and a large open field. The park also has a historic mansion, a rose garden, and a carillon tower. Visitors can enjoy stunning views of the river and the surrounding area from the park's observation deck.

Mesker Park Zoo And Botanical Garden is a family-friendly attraction located in a scenic area of Indiana. It features a variety of animals from around the world, including lions, tigers, giraffes, and monkeys. The zoo also has a variety of educational programs and activities for children, such as animal encounters, keeper talks, and behind-the-scenes tours. The botanical garden is home to a variety of plants and flowers, as well as a butterfly house and a Japanese garden. There are also several walking trails, a playground, and a picnic area.

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Evansville, Indiana area median rent change by ZIP Code map

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How does Evansville compare to other cities in Indiana ?

citymedian price
Carmel$1,995
Carmel$1,900
Ingalls$1,650
New Castle$750
Ingalls$1,645
New Albany$1,000

Average household income in Evansville area graph - US Census

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The median household income in Evansville in 2021 was $42,623. This represents a 17.9% change from 2011 when the median was $36,143.

#categorypercent
0Less than $10,0008.1%
1$10,000 to $14,9996.3%
2$15,000 to $19,9996.6%
3$20,000 to $24,9996.8%
4$25,000 to $29,9996.6%
5$30,000 to $34,9996.7%
6$35,000 to $39,9996.0%
7$40,000 to $44,9995.1%
8$45,000 to $49,9995.1%
9$50,000 to $59,99910.0%
10$60,000 to $74,9998.8%
11$75,000 to $99,99911.5%
12$100,000 to $124,9995.5%
13$125,000 to $149,9992.3%
14$150,000 to $199,9992.6%
15$200,000 or more1.8%

Frequently asked questions

Our data is best categorized as "alternative data", which is a burgeoning sector. Through partnerships and direct feeds, we extract key factual elements that are publicly available within rental listings on internet listing sites and property websites. Once aggregated, we mine through the data to parse out relevant insights and calculate important metrics, benchmarks, and other KPIs. Each week, our system sifts through millions of listing observations and other pockets of market information to deliver the most comprehensive picture of rental housing available.

This is a metric that we try not to overthink. Simply, we take each unique listing observation within a geographic boundary and calculate a simple average. Of course, we're careful to filter for duplicates and other listings that aren't reflective of the market.

Yes, but please attribute us accordingly.

Yes. We can deliver bulk raw data in various formats. Please contact us to discuss - [email protected]

While some of our data is refreshed daily and other data comes in weekly, the bulk of it comes in on a biweekly basis.

Our coverage is nationwide! In our platform, we have data points for every ZIP code and neighborhood boundary in the country.

Every rental housing unit is differentiated by attributes such as its location, square footage, and amenity composition. Thanks to machine learning and natural language processing technologies we deploy, we're able to deconstruct our rental listing data points and identify key amenities for each listing. With this information, we're able to give signals around how certain amenities drive rental pricing value in certain areas.

Well, we think so! At the highest level, our process is simple. Listings data is ingested, cleaned (de-duplicated. etc.), analyzed for insights, and then presented to our users.
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