Home Price Key
Affordable
Average
Expensive
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 $148,780, lower than the Indiana average of $175,617.
The average cost of rent is $928/mo in Evansville, primarily driven by the current value of real estate in the Evansville area. While nearly 37.83% of residents own their homes outright in Evansville, 33.42% rent.
Housing affordability isn’t just about home prices, though. The average household income in Evansville is $5,310 per month. Households that rent pay about 17.48% of their income on rent here. Evansville's most expensive areas are in the southeastern regions, while the cheapest areas are in the eastern parts of the city.
Nearby Cities
- Stevenson, IN: higher priced homes
- Darmstadt, IN: higher priced homes
- Cypress, IN: equally priced homes
- St. Philip, IN: higher priced homes
- Newburgh, IN: higher priced homes
- Parkers Settlement, IN: higher priced homes
- Chandler, IN: less expensive homes
- Lippe, IN: equally priced homes
- Graham Hill, KY: higher priced homes
- Henderson, KY: equally priced homes
Cities with Similar Populations
- Deerfield Beach, FL: higher priced homes
- Davie, FL: higher priced homes
- Des Moines, IA: higher priced homes
- Decatur, IL: less expensive homes
- Denver, CO: higher priced homes
- Denham Springs, LA: higher priced homes
- Cumming, GA: higher priced homes
- Clearwater, FL: higher priced homes
- Columbus, OH: higher priced homes
- Clifton, NJ: higher priced homes
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