Average Rent in Evansville, IN (2026)
The average 1-bedroom rent in Evansville, IN is $869/month as of 2026, based on HUD data across 33 ZIP codes. Rents have changed +4.6% year over year. Rents range from $740 to $1,020.
Average Rent · 1-Bedroom
$869/mo
Source: HUD Fair Market Rent · 33 zip codes
Year-over-Year
↑ +4.6%
Source: Apartment List, Zillow ZORI, HUD Fair Market Rent
Data through
The average 1-bedroom rent in Evansville, IN is $869/month according to HUD FY2026 Fair Market Rent data, covering 33 ZIP codes. Rents have increased 4.6% year-over-year. The average 1-bedroom rent in Evansville is 27% below the national average of $1,196/month.
Average rent in Evansville, IN ranges from $740 to $1,020 across 33 ZIP codes.
Based on local market data, a fair rent increase in Evansville, IN is approximately 4.6% for 2026. An increase above 4.6% exceeds the local market trend and may be worth negotiating.
Key Facts
Sources: Apartment List, Zillow ZORI, HUD Fair Market Rent, HUD SAFMR, Rentcast. Updated February 2026.
How much is rent in Evansville, IN?
The average 1-bedroom rent in Evansville, IN is $869/month as of 2026, based on HUD data across 33 ZIP codes. Rents range from $740 to $1,020 depending on neighborhood — a $280/month spread. To afford this at the 30% rule, a household would need approximately $34,760/year.
Is rent going up in Evansville?
Rents in Evansville have increased 4.6% year over year based on local market data. This suggests a relatively stable rental market.
What is a fair rent increase in Evansville?
Based on local market data, a rent increase around 4.6% is in line with the Evansville market for 2026. An increase above that level exceeds the local trend and may be worth pushing back on. Check your specific increase with RenewalReply's free rent analysis tool.
Rent Trends in Evansville
+4.6%
Rents in Evansville are rising at +4.6% year-over-year.
− Estimated trend
Market sources range from +2.1% to +8.5%
Why the range? Zillow ZORI tracks what landlords are asking for units (+8.5%), while Apartment List tracks what renters actually sign leases at (+2.1%).Landlords are asking more than renters are paying — this suggests renters may have negotiating leverage in Evansville right now.
Sources: Apartment List, Zillow ZORI, HUD Fair Market Rent
What Should Rent Cost in Evansville?
Typical rent ranges based on HUD benchmarks and market data. In areas with limited listing data, ranges reflect federal benchmarks and may be wider than actual market conditions.
A studio in Evansville typically rents for $866 – $935.
Rents above $1,075 are in the top 25% for this area.
A 1-bedroom in Evansville typically rents for $869 – $939.
Rents above $1,080 are in the top 25% for this area.
A 2-bedroom in Evansville typically rents for $1,127 – $1,217.
Rents above $1,400 are in the top 25% for this area.
A 3-bedroom in Evansville typically rents for $1,387 – $1,498.
Rents above $1,723 are in the top 25% for this area.
A 4-bedroom in Evansville typically rents for $1,560 – $1,685.
Rents above $1,938 are in the top 25% for this area.
Federal Rent Benchmarks for Evansville
HUD Fair Market Rents are federal rent benchmarks published annually by HUD. They provide a consistent baseline for comparing rents across areas.
Studio
$866
HUD Fair Market Rent
1-Bedroom
$869
HUD Fair Market Rent
2-Bedroom
$1,127
HUD Fair Market Rent
3-Bedroom
$1,387
HUD Fair Market Rent
4-Bedroom
$1,560
HUD Fair Market Rent
Source: HUD SAFMR FY2026 · Updated
Zip Codes in Evansville
Click any zip code for detailed rent data including zip-specific SAFMR rates, nearby comparables, and a free rent increase check.
Showing top 20 of 33 zip codes.
SAFMR rates are zip-specific.
How Does Evansville Compare?
Questions about rent in Evansville
What is the average 1-bedroom rent in Evansville, IN?
The average 1-bedroom fair market rent in Evansville, IN is $869/month as of 2026, based on HUD rent data across 33 ZIP codes in the city. This is 27% below the national average of $1,196/month. Rents range from $740 to $1,020 depending on ZIP code.
What is a fair rent increase in Evansville?
A rent increase up to about 4.6% is broadly in line with the recent market trend in Evansville. Increases above that level are above trend and should be tested against neighborhood-level pricing and comparable rentals. The current average 1-BR rent is $869/month.
Are rents going up or down in Evansville?
Rents in Evansville have increased 4.6% year over year based on local market data. This reflects local market conditions across 33 ZIP codes in the Henderson County, KY area.
How much do rents vary across Evansville?
1-bedroom rents across Evansville range from $740 to $1,020 on this page, a $280/month spread. This shows that rent can vary materially across ZIP codes within the same city, reflecting neighborhood-level differences in housing stock and demand.
Can my landlord raise my rent in Evansville?
We could not identify a city-specific rent cap for Evansville. Landlords must still follow applicable state and local notice rules before raising rent at lease renewal. Requirements vary — check your state's landlord-tenant statute for specifics on notice periods and timing.
How much should I spend on rent in Evansville?
The general guideline is to spend no more than 30% of your gross income on rent. With average 1-bedroom rent in Evansville at $869/month, a household would need approximately $34,760/year in gross income to afford this comfortably. Many renters in high-cost areas spend above this threshold — our free tool can help you assess whether your specific rent is fair for your ZIP code.
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Renter Tools
Browse Evansville ZIP Codes
See rent data by ZIP code in this city.
Renter Guides
- How to Negotiate a Rent Increase →
A data-driven guide with free email templates for pushing back on your landlord.
- Rent Increase Laws in Indiana →
See notice rules, caps, and tenant protections in Indiana.
- What Should I Pay for Rent? →
How to compare rent prices and know if you're getting a fair deal.
Market data updated monthly from public and third-party sources. Actual rents vary by unit, building, and lease terms. For informational purposes only — not legal or financial advice. See methodology →