
Home Price Key
These days, finding an affordable place to live in the Evansville area can be challenging. Home prices in Evansville are now at a median cost of $95,327, lower than the Illinois average of $242,002.
The average cost of rent is $543/mo in Evansville, primarily driven by the current value of real estate in the Evansville area. While nearly 54.82% of residents own their homes outright in Evansville, 11.43% rent.
Housing affordability isn’t just about home prices, though. The average household income in Evansville is $5,182 per month. Households that rent pay about 10.47% of their income on rent here. Evansville's most expensive areas are in the southeastern regions, while the cheapest areas are in the western parts of the city.
Nearby Cities
- Preston, IL: equally priced homes
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- Menard, IL: higher priced homes
- Baldwin, IL: equally priced homes
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Cities with Similar Populations
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- Mount Auburn, IN: higher priced homes
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