ZIP Code · IN

ZIP 47711

Pop. 30,944·Vanderburgh County·129th most expensive ZIP in Indiana
Median rent (all units)
$963/mo
Year-over-Year
+7.0%
Month-over-Month
+1.5%
vs US Median
-$969
Reported rents
Rising (Monthly)
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Most AffordableMost Expensive
ZIP 47711 · $963
More affordable than 98% of US ZIP codes · National median $1,932/mo
Rent check

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Compare your rent to the local median.

Medians by bedroom

Rent by unit size

Studio
$870
1 BR
$880
2 BR
$1,140
3 BR
$1,400
4 BR+
$1,580
Research median
$1,140/mo

Bedroom estimates are gross rents that include essential utilities (electricity, water, gas, sewer, trash).

Rent trends

12-month history

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Last updated: October 17, 2026

From the history

What the numbers show

Compared with the peak

Rent in ZIP 47711 is at its highest level since Zillow's records here began in May 2023.

Past year vs. the rest of Indiana

Rent in ZIP 47711 changed +7.0% over the year to September 2026. Across the 114 Indiana ZIP codes Zillow tracks, the typical change was +3.9%.

Recent direction

Rent has risen 3 months in a row, and rose in 9 of the last 12 months.

What a typical income covers

30% of the median household income ($66,320) is $1,658 a month. That covers HUD's Fair Market Rent for up to a 4-bedroom ($1,580).

Rank in Evansville

2nd cheapest of 6 ZIP codes in Evansville.

Cheaper nearby

ZIP 47710, 2 miles away, rents for 14% less ($830/mo), about $1,600 a year in savings.

From Zillow's monthly rent index (ZORI) for ZIP 47711. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost
$11,556/yr
At $963/mo median
Location
StateIN
CountyVanderburgh County
Rent Market Meter
Strong Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are up 7.0% year-over-year. Expect competition, and move quickly to lock in terms.
Based on rent-price momentum (+7.0% YoY, +1.5% MoM), not inventory.
Demographics

Who lives here

ZIP 47711 (Evansville, IN) is majority owner-occupied, 25% of residents hold a bachelor's degree or higher.

Population
30,944
Median income
$66,320
Median age
42
Renters
24.4%
Age distribution
20.6%
20.1%
24.2%
15.1%
20%
Under 1820.6%
18–3420.1%
35–5424.2%
55–6415.1%
65+20%
Gender
49.8%
50.2%
Male49.8%
Female50.2%
Race & ethnicity
83.3%
White83.3%
Black7.6%
Hispanic2.3%
Asian0.8%
Other6%
Education (25+)
36%
29.7%
25%
No HS diploma9.3%
HS diploma36%
Some college29.7%
Bachelor's+25%
Housing tenure
75.6%
24.4%
Owner75.6%
Renter24.4%

Source: U.S. Census Bureau · ACS 2024 5-Year Estimates

2021 vs 2026

How ZIP 47711 in Evansville, IN has changed in 5 years

Income
$58,497 → $66,320
up 13.4%
Population
32,051 → 30,944
down 3.5%
Renter share
24.4% → 24.4%
+0.0 pts
Bachelor's+
23.6% → 25%
+1.4 pts

On the earnings side, the typical household in ZIP 47711 in Evansville, IN now reports about $66,320, up from $58,497 in 2021. Census counts show ZIP 47711 in Evansville, IN losing about 1,107 residents over the five-year window, down 3.5% on net.

Community

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Local insights

Tips for renters in ZIP 47711

About renting in ZIP 47711

Last updated: October 17, 2026

ZIP code 47711 covers Evansville, IN. The median rent here is $963/mo as of October 2026. A 1-bedroom rents for a median of $880/mo. A 2-bedroom rents for a median of $1,140/mo.

At 17% of local median household income ($66,320/yr), ZIP 47711 ranks as affordable compared to the national benchmark of 30%. Rents have increased 7.0% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 47711?

To keep rent at or below 30% of gross income, you would need to earn at least $39,000/year (about $19/hour full-time) to afford the median rent of $963/mo in ZIP 47711. The local median household income is $66,320/yr, so the typical household meets that bar.

Is rent going up or down in ZIP 47711?

Rent in ZIP 47711 has risen 7.0% over the past year as of September 2026. That is the highest level since Zillow's records here began in May 2023.

How does ZIP 47711 compare to other ZIPs in Indiana?

ZIP 47711 is one of the more affordable among Indiana ZIP codes for rent, ranking #129 of 139 at $963/mo. Over the year to September 2026, rent in ZIP 47711 changed +7.0%, against a typical +3.9% across the 114 Indiana ZIP codes Zillow tracks.

How does ZIP 47711 compare to the rest of Evansville?

At $963/mo, ZIP 47711 is $95 below the Evansville citywide median of $1,058/mo. It is the 2nd cheapest of 6 ZIP codes in Evansville.
Income Affordability
17%
VERY AFFORDABLE

At $963/mo, rent takes ~17% of ZIP 47711's median household income ($66,320/yr). The standard benchmark is 30%.

ZIP 47711 17%Benchmark 30%
State income tax3.05%
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Schools nearby

Public schools near ZIP 47711 (Evansville, IN)

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