Homes for Rent in 47714

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What to Know About

Living in 47714

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 March 2026, Evansville's rental market is competitive, with strong renter demand causing quick leasing times for well-priced units. Evansville's average rent is 26.3% ($335) lower than the Indiana average of $1,274 and 46.9% ($830) lower than the U.S. average of $1,769.

Average Rent
$939
Monthly ChangeMonth Over Month Change
Decreased1.9% ($18)
Yearly ChangeYear Over Year Change
Decreased21.4% ($256)
Avg. Days on MarketAverage Days on Market
38
Unit Type Average Rent Monthly ChangeMonth Over Month Change Yearly ChangeYear Over Year Change
1 Bed $798 Decreased0.9% ($7) Decreased19.1% ($189)
2 Beds $1,044 Decreased2.4% ($26) Decreased16% ($199)
3 Beds $1,237 Decreased4% ($51) Decreased11.8% ($165)
Nearby Cities Average Rent Avg. Rent vs. EvansvilleAverage Rent vs. Evansville Avg. Days on MarketAverage Days on Market
Newburgh $1,792 Increased90.8% ($853) 30 days
Henderson $760 Decreased19.1% ($179) 31 days
Wadesville $673 Decreased28.3% ($266) 34 days
Boonville $699 Decreased25.6% ($240) 32 days
Fort Branch $1,098 Increased16.9% ($159) 32 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 $939 per month.
Homes in Evansville typically rent for between $600 and $1,608 per month, with an average of $939 per month.
In Evansville, the average rent for a 1-bedroom home is $798 per month, for a 2-bedroom home, $1,044 per month, and a 3-bedroom home is $1,237 per month.
The average rent in Evansville is 46.9% ($830) lower than the national average of $1,769 per month.
The average rent in Evansville has decreased by 1.9% ($18) in the last month and decreased by 21.4% ($256) 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 123 rental properties available in Evansville, IN.
Based on the current averages, a household would need an annual income of $41,760 to comfortably afford a 2-bedroom home in Evansville.
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