Property Prices in Evansville, IN, United States

Index Info
Price to Income Ratio: 2.26
Mortgage as Percentage of Income: 19.58%
Loan Affordability Index: 5.11
Price to Rent Ratio - City Centre: 6.45
Price to Rent Ratio - Outside of Centre: 7.08
Gross Rental Yield (City Centre): 15.50%
Gross Rental Yield (Outside of Centre): 14.12%
Rent Per Month
Edit Range
1 Bedroom Apartment in City Centre $1,152.50 850.00-1,800.00
1 Bedroom Apartment Outside of City Centre $976.50 806.00-2,500.00
3 Bedroom Apartment in City Centre $1,795.00 1,500.00-2,500.00
3 Bedroom Apartment Outside of City Centre $1,817.50 1,270.00-2,500.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre $141.56 139.35-142.98
Price per Square Feet to Buy Apartment Outside of Centre $142.30 141.95-142.98
Salaries And Financing
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Average Monthly Net Salary (After Tax) $3,375.36
Annual Mortgage Interest Rate (20-Year Fixed, in %) 6.08 6.00-6.50

These data are based on 55 entries from 16 contributors over the past 18 months.
Last update: 5 June 2026

Sources and References
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