Studio Apartment Rent in Evansville, IN
Median asking rent for a studio apartment in Evansville, Indiana as of August 2026. That's +26% lower than the citywide median of $1,076 and +39% below the national studio median of $1,290.
Income needed for a studio 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 studio at the current median rent.
Rent by apartment size in Evansville
Compare Evansville's median rent across every apartment size.
Cheapest cities for a studio in Indiana
| # | City | Studio rent |
|---|---|---|
| 1 | Crawfordsville | $598 |
| 2 | Marion | $650 |
| 3 | East Chicago | $670 |
| 4 | Michigan City | $700 |
| 5 | Richmond | $710 |
| 6 | Angola | $730 |
| 7 | New Castle | $730 |
| 8 | Muncie | $735 |
| 9 | Mishawaka | $740 |
| 10 | South Bend | $775 |
| 11 | Kokomo | $780 |
| 12 | Evansville (this page) | $792 |
| 13 | Anderson | $793 |
| 14 | Terre Haute | $803 |
| 15 | Lafayette | $810 |
Most expensive cities for a studio in Indiana
| # | City | Studio rent |
|---|---|---|
| 1 | Zionsville | $1,390 |
| 2 | Whitestown | $1,330 |
| 3 | Carmel | $1,327 |
| 4 | McCordsville | $1,210 |
| 5 | Lawrence | $1,205 |
| 6 | Avon | $1,190 |
| 7 | Westfield | $1,180 |
| 8 | Fishers | $1,170 |
| 9 | Brownsburg | $1,120 |
| 10 | Sellersburg | $1,100 |
| 11 | Granger | $1,070 |
| 12 | Noblesville | $1,050 |
| 13 | Columbus | $1,045 |
| 14 | Munster | $1,040 |
| 15 | Plainfield | $1,030 |
Nearby cities — studio rent
Considering nearby alternatives? 3 of these cities have cheaper studio rents than Evansville.
| City | Distance | Studio rent | vs Evansville |
|---|---|---|---|
| Newburgh, IN | 14.6 mi | $910 | +$118 (+15%) |
| Owensboro, KY | 32.3 mi | $875 | +$83 (+10%) |
| Hopkinsville, KY | 75.8 mi | $800 | +$8 (+1%) |
| Oak Grove, KY | 89.7 mi | $890 | +$98 (+12%) |
| Marion, IL | 95.1 mi | $760 | $-32 (-4%) |
| Clarksville, TN | 101.1 mi | $1,027 | +$235 (+30%) |
| Terre Haute, IN | 101.2 mi | $803 | +$11 (+1%) |
| Vine Grove, KY | 101.8 mi | $1,060 | +$268 (+34%) |
| Herrin, IL | 102.3 mi | $840 | +$48 (+6%) |
| Paducah, KY | 102.8 mi | $720 | $-72 (-9%) |
| Murray, KY | 105.9 mi | $770 | $-22 (-3%) |
| Bowling Green, KY | 106.2 mi | $890 | +$98 (+12%) |
Studio rent in Evansville — common questions
How much is a studio apartment in Evansville?
As of August 2026, the median studio apartment rent in Evansville, Indiana is $792 per month. This is +26% below the citywide median of $1,076.
What income do you need to afford a studio in Evansville?
Using the standard 30% rent-to-income rule, you would need an annual income of about $31,680 ($2,640/month gross), which works out to roughly $15.23/hour at a full-time job.
Is Evansville expensive for a studio compared to the rest of the US?
Evansville's studio median of $792 is +39% below the national studio median of $1,290. It ranks in the 9th percentile of US cities tracked.
How does Evansville rank for studio rent in Indiana?
Among the 61 cities in Indiana with studio data, Evansville ranks #12 from cheapest to most expensive.
Are there cheaper studio options near Evansville?
Yes — nearby cities with cheaper studio rents include Marion ($760), Paducah ($720), Murray ($770).