2-Bedroom Rent · October 2026

2-Bedroom Apartment Rent in Evansville, IN

$1,068/mo

Median asking rent for a 2-bedroom apartment in Evansville, Indiana as of October 2026. That's +1% higher than the citywide median of $1,058 and +36% below the national 2-bedroom median of $1,657.

2-Bedroom median
$1,068
October 2026
vs city overall
+1%
$1,058 city median
vs national
-36%
$1,657 US median
Indiana rank
#14
of 60 cities

Income needed for a 2-bedroom in Evansville

Using the standard 30% rent-to-income guideline (the threshold above which households are considered rent-burdened), here's what you need to earn to comfortably afford a 2-bedroom at the current median rent.

Annual income
$42,720
Monthly gross
$3,560
Hourly (full-time)
$20.54

Rent by apartment size in Evansville

Compare Evansville's median rent across every apartment size.

Studio
$792
1-Bedroom
$835
2-Bedroom (current)
$1,068
3-Bedroom
$1,322
4+ Bedroom
$1,498

Cheapest cities for a 2-bedroom in Indiana

#City2-Bedroom rent
1East Chicago$930
2Logansport$930
3Marion$930
4New Castle$930
5Richmond$940
6Angola$970
7La Porte$978
8Muncie$978
9Kokomo$990
10Michigan City$1,020
11Terre Haute$1,023
12Elkhart$1,055
13Warsaw$1,060
14Evansville (this page)$1,068
15Mishawaka$1,085

Most expensive cities for a 2-bedroom in Indiana

#City2-Bedroom rent
1Zionsville$1,870
2Whitestown$1,790
3Carmel$1,783
4McCordsville$1,620
5Lawrence$1,620
6Avon$1,600
7Westfield$1,580
8Fishers$1,577
9Granger$1,540
10Brownsburg$1,510
11Sellersburg$1,460
12Merrillville$1,440
13Noblesville$1,415
14Lowell$1,390
15Highland$1,390

Nearby cities — 2-bedroom rent

Considering nearby alternatives? 3 of these cities have cheaper 2-bedroom rents than Evansville.

CityDistance2-Bedroom rentvs Evansville
Newburgh, IN14.6 mi$1,230+$162 (+15%)
Owensboro, KY32.3 mi$1,155+$87 (+8%)
Hopkinsville, KY75.8 mi$1,130+$62 (+6%)
Oak Grove, KY89.7 mi$1,200+$132 (+12%)
Marion, IL95.1 mi$1,020$-48 (-4%)
Clarksville, TN101.1 mi$1,300+$232 (+22%)
Terre Haute, IN101.2 mi$1,023$-45 (-4%)
Paducah, KY102.8 mi$1,050$-18 (-2%)
Murray, KY105.9 mi$1,080+$12 (+1%)
Bowling Green, KY106.2 mi$1,190+$122 (+11%)
Bloomington, IN108.2 mi$1,198+$130 (+12%)
Springfield, TN110.5 mi$1,520+$452 (+42%)

2-Bedroom rent in Evansville — common questions

How much is a 2-bedroom apartment in Evansville?

As of October 2026, the median 2-bedroom apartment rent in Evansville, Indiana is $1,068 per month. This is +1% higher than the citywide median of $1,058.

What income do you need to afford a 2-bedroom in Evansville?

Using the standard 30% rent-to-income rule, you would need an annual income of about $42,720 ($3,560/month gross), which works out to roughly $20.54/hour at a full-time job.

Is Evansville expensive for a 2-bedroom compared to the rest of the US?

Evansville's 2-bedroom median of $1,068 is +36% below the national 2-bedroom median of $1,657. It ranks in the 10th percentile of US cities tracked.

How does Evansville rank for 2-bedroom rent in Indiana?

Among the 60 cities in Indiana with 2-bedroom data, Evansville ranks #14 from cheapest to most expensive.

Are there cheaper 2-bedroom options near Evansville?

Yes — nearby cities with cheaper 2-bedroom rents include Marion ($1,020), Terre Haute ($1,023), Paducah ($1,050).

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Methodology: Bedroom-level rent medians come from HUD Fair Market Rent data calibrated to the Zillow Observed Rent Index (ZORI) for Evansville, which serves as the citywide anchor. When the HUD bedroom values exceed the ZORI city median (a common quirk in luxury markets and small samples), bedroom values are proportionally scaled down to align. Income required uses the standard 30% rent-to-income guideline. Comparison rankings use the same data month across all cities (October 2026) and exclude cities with median rent below $400 or above $20,000.