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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 $126,685, lower than the Mississippi average of $183,008.
The average cost of rent is $1,030/mo in Evansville, primarily driven by the current value of real estate in the Evansville area. In Evansville, 12.81% of households rent, and 74.33% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Evansville is $6,310 per month. Households that rent pay about 16.33% of their income on rent here. Evansville’s most expensive areas are in the central regions, while the cheapest areas are in the western parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Arkabutla, MS: higher priced homes
- Love, MS: higher priced homes
- Crockett, MS: higher priced homes
- Coldwater, MS: higher priced homes
- Senatobia, MS: higher priced homes
- Cub Lake, MS: higher priced homes
- Strayhorn, MS: higher priced homes
- Cottonville, MS: equally priced homes
- Savage, MS: higher priced homes
- Poagville, MS: higher priced homes
Cities with Similar Populations
- Van, AR: equally priced homes
- Clines Corners, NM: equally priced homes
- Clover Run, PA: equally priced homes
- Coatsville, MO: less expensive homes
- Colgate, ND: higher priced homes
- Colliersville, NY: higher priced homes
- Collinsburg, LA: less expensive homes
- Thomas, NM: higher priced homes
- Toivola, MN: higher priced homes
- Unionvale, OH: equally priced homes
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