Woodbridge Place Apartments
3550 Woodbridge Dr,
Evansville, IN 47710
1-3 Beds | $799 - $1,400
Rental Market Trends in Evansville, IN
Updated September 2026
The average rent in Evansville, IN is $877/month.
Rent in Evansville is 47% lower than the national average rent of $1,665/month, making this one of the less expensive cities statewide.
$877/month
Average Rent
678 Sq Ft
Average Size
+1%
Change / Year
835
Available Apartments
Evansville rent varies by unit size and layout:
- Studio apartments in Evansville average $851 per month.
- One-bedroom apartments in Evansville average $877 per month.
- Two-bedroom apartments in Evansville average $1,097 per month.
- Three-bedroom apartments in Evansville average $1,415 or more per month.
Average Rent by Home Type
Bedrooms
Average Rent
Average Sq Ft
Bedrooms
Average Rent
Average Sq Ft
Bedrooms
Average Rent
Average Sq Ft
How much has average rent changed in Evansville, IN?
In the past year, rent has increased by 1%, which averages out to $10 more per month.
Market Trends Over Time
September 2026
2025
2026
Rent Ranges in Evansville, IN
September 2026
$700 - $1,000
Most rental prices fall within this range
Percentage*
Rent Range
25%
Below $700/month
37%
$700 - $1,000/month
32%
$1,001 - $1,500/month
5%
$1,501 - $2,000/month
2%
Above $2,000/month
Rent by Neighborhood
What are the most affordable neighborhoods in Evansville?
Based on current rent prices, Hoosier-Cullen, North Evansville and Kathleen-Jeannette are the most affordable neighborhoods in Evansville.
Neighborhood
Average Rent
Average Sq Ft
What are the most expensive neighborhoods in Evansville?
Based on current rent prices, Downtown Evansville, Wheeler and Jacobsville are the most expensive neighborhoods in Evansville.
Neighborhood
Average Rent
Average Sq Ft
Which Evansville neighborhoods have the most rentals available?
The neighborhoods in Evansville with the most apartments available are East Evansville, Downtown Evansville and Evansville West Side .
Neighborhood
Average Rent
Average Sq Ft
What salary do I need to live comfortably in Evansville, IN?
Because the average rent in Evansville is $877, you’ll want to make about $2,923 per month or $35,076 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.
Cost of Living
The cost of living in Evansville, IN is 8.6% lower than the national average. Generally, housing in Evansville is 28.1% less expensive than the national average, with rent falling between $851 - $1,415. You can expect to pay 4.2% less for groceries, 7.1% more for utilities, and 4.6% more for transportation.
How does Evansville, IN compare to other nearby cities and neighborhoods?
Use the tool below to compare Evansville, IN to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.
View the Evansville Area GuideStudio
-
$1,543/month
One Bedroom
-
$1,453/month
Two Bedroom
-
$1,941/month
Three Bedroom
-
$3,607/month
Compare Rent Trends Nearby
Get a clearer picture of the area by viewing rent trends in nearby cities.
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Frequently Asked Questions
What is the average rent in Evansville?
The average rent in Evansville is $877 per month, which is 47.3% lower than the national average of $1,665.
What is the average rent for a house in Evansville?
The average rent for a house in Evansville, IN is $1,438 per month.
What is the average rent for a condo in Evansville?
The average rent for a condo in Evansville, IN is $694 per month.
Are rents going up or down in Evansville?
Rents in Evansville, IN are increasing, with prices up 1.0% year-over-year and $10 more per month.
What rent range is most common in Evansville?
In Evansville, IN, 37% of apartments fall between $700 - $1,000/month, though prices may vary depending on location and other factors.
Methodology
† 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 September 2026.
Demographic information comes from Neustar and combines detailed address data with U.S. Census and American Community Survey statistics to produce reliable local estimates.
* Percentages may not total 100 due to rounding.