Homes & Apartments for Rent in 47711

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What to Know About

Living in 47711

Evansville is a charming city located in the southwest corner of Indiana that seamlessly fuses city living with the warm familiarity of a small town. With a rich and diverse cultural history, the city has multiple historical sites such as the Reitz Home Museum, the Mesker Park Zoo & Botanic Garden, and the Evansville Museum of Arts, History & Science. In addition, the city boasts several highly regarded educational institutions, including the University of Evansville, Ivy Tech Community College, and the University of Southern Indiana.

Outdoor enthusiasts will find plenty of activities to keep them busy in Evansville, with attractions such as the Wesselman Woods Nature Preserve, the Pigeon Creek Greenway Passage, and the Evansville Riverwalk. Additionally, Evansville showcases its lively atmosphere and friendly community through events like the West Side Nut Club Fall Festival, one of the largest street festivals in the country, and the Evansville HydroFest, held through all seasons of the year.

With its strong community spirit, affordable cost of living, and cultural and recreational opportunities, Evansville is a great place to call home.

Rental Market Trends

Evansville, IN

As of August 2026, Evansville's rental market is competitive, with strong renter demand causing quick leasing times for well-priced units. Evansville's average rent is 27.0% ($341) lower than the Indiana average of $1,262 and 48.8% ($879) lower than the U.S. average of $1,800.

Average Rent
$921
Monthly ChangeMonth Over Month Change
Increased0.2% ($2)
Yearly ChangeYear Over Year Change
Decreased7.4% ($74)
Avg. Days on MarketAverage Days on Market
38
Unit Type Average Rent Monthly ChangeMonth Over Month Change Yearly ChangeYear Over Year Change
1 Bed $776 Decreased2% ($16) Decreased15.1% ($138)
2 Beds $955 Increased1.2% ($11) Decreased10.3% ($110)
3 Beds $1,195 Decreased0.7% ($8) Decreased10.2% ($136)
Nearby Cities Average Rent Avg. Rent vs. EvansvilleAverage Rent vs. Evansville Avg. Days on MarketAverage Days on Market
Newburgh $1,095 Increased18.9% ($174) 30 days
Henderson $825 Decreased10.4% ($96) 31 days
Rental market trends are calculated using listing data from RentalSource.
Frequently Asked Questions
Evansville Rental Market FAQs

Explore rental prices, market trends, and availability in Evansville, IN.

The average rent in Evansville, IN is $921 per month.
Homes in Evansville typically rent for between $600 and $1,554 per month, with an average of $921 per month.
In Evansville, the average rent for a 1-bedroom home is $776 per month, for a 2-bedroom home, $955 per month, and a 3-bedroom home is $1,195 per month.
The average rent in Evansville is 48.8% ($879) lower than the national average of $1,800 per month.
The average rent in Evansville has increased by 0.2% ($2) in the last month and decreased by 7.4% ($74) over the past year.
The rental market in Evansville, IN, is currently competitive, with strong renter demand causing quick leasing times for well-priced units.
In Evansville, IN, the average rental stays on the market for approximately 38 days. While most properties are rented within this timeframe, factors like seasonality, demand, and property type can affect how quickly a rental leases.
There are currently 144 rental properties available in Evansville, IN.
Based on the current averages, a household would need an annual income of $38,200 to comfortably afford a 2-bedroom home in Evansville.
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