Market Street Apartments
301 NW 3rd St,
Evansville, IN 47708
$865 - $1,395 | Studio - 2 Beds
Minutes west of the University of Evansville, the neighborhood of Downtown Evansville graces the Ohio River's banks across from Kentucky. This Vanderburgh County community retains its historic flavor mixed with contemporary culture. Apartments and houses for rent pepper the neighborhood, and the Ohio River Scenic Byway gets you to Interstate 64 and Louisville, Kentucky, about 120 miles east.
Locals love the hometown atmosphere and the freshness and variety of pizzas at Turoni's Pizzery and Brewery. Day or night, this Main Street food haven features home-brewed beers and Thunderbolt Red Ale. Works by local artisans at the Arts Council's Bower-Surheinrich Gallery and annual events such as the Kenny Kent Lexus Jazz & Wine Festival draw locals to historic Main and 4th Streets, a neighborhood gathering place.
As of May 2025, the average apartment rent in Downtown Evansville is $1,596 for a studio, $1,374 for one bedroom, $1,536 for two bedrooms, and $1,800 for three bedrooms. Apartment rent in Downtown Evansville has increased by 3.3% in the past year.
Studio
680 sq ft
Average Sq Ft
$1,596/month
Average Rent
1 BR
748 sq ft
Average Sq Ft
$1,374/month
Average Rent
2 BR
993 sq ft
Average Sq Ft
$1,536/month
Average Rent
3 BR
1,427 sq ft
Average Sq Ft
$1,800/month
Average Rent
Somewhat Walkable
out of 100 WalkScore® Rating
You might be able to get out and walk when living in this area. Some errands can be accomplished on foot, but for others you’ll need a car.
Bikeable
out of 100 BikeScore® Rating
While there’s some bike infrastructure in this area, you’ll still need a car for many errands.
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† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.
Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.
Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in February 2025.