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Rent in Evansville, IN

Across Evansville's 31 ZIP codes, a 2-bedroom typically rents for about $1,127 a month, with figures from $945–$1,202. The highest typical rent is in 47708 ($1,202) and the lowest in 47711 ($945). 8 ZIPs have ZIP-level figures from HUD or Census; the other 23 use the county Fair Market Rent. Owner-occupied homes in Vanderburgh County pay about 0.80% of their value a year in property tax, and the 30-year fixed mortgage rate averaged 7.24% in the week of Oct 29, 2026.

Rent by bedrooms

Typical monthly rent in Evansville, IN by bedrooms
SizeTypicalRange across ZIPsZIPs
Studio$866$376–$94231
1 bed$872$691–$1,20231
2 beds$1,127$945–$1,20231
3 beds$1,387$1,149–$1,62231
4 beds$1,534$1,170–$1,53431

Typical = median of each ZIP's best guess. Gross rent (rent plus tenant-paid utilities). Sources: Census ACS 5-year median gross rent (Dec 31, 2024) and HUD county Fair Market Rents (Oct 1, 2026).

Evansville ZIP codes

2 beds

Frequently asked questions

What is the average rent for a 2-bedroom in Evansville, IN?
About $1,127 a month: the median of the typical rents in 31 ZIP codes, which range from $945–$1,202. Figures are gross rent (rent plus tenant-paid utilities).
What is the average rent for a 1-bedroom in Evansville, IN?
About $872 a month: the median of the typical rents in 31 ZIP codes, which range from $691–$1,202. Figures are gross rent (rent plus tenant-paid utilities).
What is the average rent for a 3-bedroom in Evansville, IN?
About $1,387 a month: the median of the typical rents in 31 ZIP codes, which range from $1,149–$1,622. Figures are gross rent (rent plus tenant-paid utilities).
What is the average rent for a studio in Evansville, IN?
About $866 a month: the median of the typical rents in 31 ZIP codes, which range from $376–$942. Figures are gross rent (rent plus tenant-paid utilities).
What is the average rent for a 4-bedroom in Evansville, IN?
About $1,534 a month: the median of the typical rents in 31 ZIP codes, which range from $1,170–$1,534. Figures are gross rent (rent plus tenant-paid utilities).
Which Evansville ZIP code has the highest rent?
For a 2-bedroom, 47708 has the highest typical rent at $1,202 a month, and 47711 the lowest at $945.
What is the property tax rate in Evansville, IN?
Owner-occupied homes in Vanderburgh County pay a typical 0.80% of their value a year (Census ACS, median taxes paid ÷ median home value, Dec 31, 2024). Investors often pay more after a purchase: the home is reassessed at the sale price and there is no homestead exemption.
What is the current 30-year mortgage rate?
The 30-year fixed rate averaged 7.24% in the week of Oct 29, 2026 (Freddie Mac PMMS via FRED). It's a national average for owner-occupied loans; investment property loans usually cost more.
Where do these Evansville rent figures come from?
Census ACS 5-year median gross rent (Dec 31, 2024) and HUD county Fair Market Rents (Oct 1, 2026).