Property Prices in Evansville, IN, United States

Index Info
Price to Income Ratio: 2.37
Mortgage as Percentage of Income: 21.46%
Loan Affordability Index: 4.66
Price to Rent Ratio - City Centre: 8.86
Price to Rent Ratio - Outside of Centre: 12.10
Gross Rental Yield (City Centre): 11.29%
Gross Rental Yield (Outside of Centre): 8.26%

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Rent Per Month
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Apartment (1 bedroom) in City Centre 783.33 $ 700.00-950.00
Apartment (1 bedroom) Outside of Centre 600.00 $
Apartment (3 bedrooms) in City Centre 1,366.67 $ 1,100.00-1,500.00
Apartment (3 bedrooms) Outside of Centre 930.00 $ 900.00-960.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 138.66 $ 137.96-139.35
Price per Square Feet to Buy Apartment Outside of Centre 137.96 $
Salaries And Financing
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Average Monthly Net Salary (After Tax) 3,136.89 $
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 6.64 6.19-6.80

These data are based on 32 entries in the past 18 months from 13 different contributors.
Last update: March 2024

Sources and References
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