2-Bedroom Apartment Rent in Evansville, IN
Median asking rent for a 2-bedroom apartment in Evansville, Indiana as of July 2026. That's +3% higher than the citywide median of $1,038 and +35% below the national 2-bedroom median of $1,655.
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.
Rent by apartment size in Evansville
Compare Evansville's median rent across every apartment size.
Cheapest cities for a 2-bedroom in Indiana
| # | City | 2-Bedroom rent |
|---|---|---|
| 1 | Frankfort | $709 |
| 2 | Crawfordsville | $884 |
| 3 | East Chicago | $930 |
| 4 | Logansport | $930 |
| 5 | Marion | $930 |
| 6 | New Castle | $930 |
| 7 | Richmond | $940 |
| 8 | Angola | $970 |
| 9 | Delphi | $970 |
| 10 | La Porte | $978 |
| 11 | Muncie | $978 |
| 12 | Kokomo | $990 |
| 13 | Michigan City | $1,020 |
| 14 | Terre Haute | $1,023 |
| 15 | Elkhart | $1,055 |
Most expensive cities for a 2-bedroom in Indiana
| # | City | 2-Bedroom rent |
|---|---|---|
| 1 | Zionsville | $1,870 |
| 2 | Whitestown | $1,790 |
| 3 | Carmel | $1,783 |
| 4 | McCordsville | $1,620 |
| 5 | Lawrence | $1,620 |
| 6 | Avon | $1,600 |
| 7 | Westfield | $1,580 |
| 8 | Fishers | $1,577 |
| 9 | Granger | $1,540 |
| 10 | Brownsburg | $1,510 |
| 11 | Sellersburg | $1,460 |
| 12 | Munster | $1,450 |
| 13 | Merrillville | $1,440 |
| 14 | Noblesville | $1,415 |
| 15 | Lowell | $1,390 |
Nearby cities — 2-bedroom rent
Considering nearby alternatives? 4 of these cities have cheaper 2-bedroom rents than Evansville.
| City | Distance | 2-Bedroom rent | vs Evansville |
|---|---|---|---|
| Newburgh, IN | 14.6 mi | $1,230 | +$162 (+15%) |
| Owensboro, KY | 32.3 mi | $1,155 | +$87 (+8%) |
| Hopkinsville, KY | 75.8 mi | $1,130 | +$62 (+6%) |
| Oak Grove, KY | 89.7 mi | $1,200 | +$132 (+12%) |
| Russellville, KY | 90.2 mi | $900 | $-168 (-16%) |
| Marion, IL | 95.1 mi | $1,020 | $-48 (-4%) |
| Clarksville, TN | 101.1 mi | $1,300 | +$232 (+22%) |
| Terre Haute, IN | 101.2 mi | $1,023 | $-45 (-4%) |
| Vine Grove, KY | 101.8 mi | $1,360 | +$292 (+27%) |
| Herrin, IL | 102.3 mi | $1,130 | +$62 (+6%) |
| Paducah, KY | 102.8 mi | $1,050 | $-18 (-2%) |
| Murray, KY | 105.9 mi | $1,080 | +$12 (+1%) |
2-Bedroom rent in Evansville — common questions
How much is a 2-bedroom apartment in Evansville?
As of July 2026, the median 2-bedroom apartment rent in Evansville, Indiana is $1,068 per month. This is +3% higher than the citywide median of $1,038.
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 +35% below the national 2-bedroom median of $1,655. It ranks in the 10th percentile of US cities tracked.
How does Evansville rank for 2-bedroom rent in Indiana?
Among the 65 cities in Indiana with 2-bedroom data, Evansville ranks #18 from cheapest to most expensive.
Are there cheaper 2-bedroom options near Evansville?
Yes — nearby cities with cheaper 2-bedroom rents include Russellville ($900), Marion ($1,020), Terre Haute ($1,023).