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ZIP Code · IN

ZIP 47714

Pop. 32,132·Vanderburgh County·120th most expensive ZIP in Indiana
Median rent (all units)
$1,052/mo
Year-over-Year
+7.2%
Month-over-Month
-0.7%
vs US Median
-$913
Falling (Monthly)
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Most AffordableMost Expensive
ZIP 47714 · $1,052
More affordable than 97% of US ZIP codes · National median $1,965/mo
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Medians by bedroom

Rent by unit size

Studio
$860
1 BR
$870
2 BR
$1,120
3 BR
$1,380
4 BR+
$1,550
Research median
$1,120/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: July 20, 2026

Annual cost
$12,624/yr
At $1,052/mo median
Location
StateIN
CountyVanderburgh County
Rent Market Meter
Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are climbing (7.2% YoY), so leverage tilts toward landlords. Act sooner rather than later.
Based on rent-price momentum (+7.2% YoY, -0.7% MoM), not inventory.
Demographics

Who lives here

ZIP 47714 (Evansville, IN) is majority owner-occupied, has a median income below the national average, 22.9% of residents hold a bachelor's degree or higher.

Population
32,132
Median income
$55,910
Median age
35.6
Renters
39.8%
Age distribution
21.1%
27.7%
22.7%
14.4%
14.1%
Under 1821.1%
18–3427.7%
35–5422.7%
55–6414.4%
65+14.1%
Gender
50%
50%
Male50%
Female50%
Race & ethnicity
74.1%
15.3%
White74.1%
Black15.3%
Hispanic5.2%
Asian0.6%
Other4.7%
Education (25+)
12.8%
30.7%
33.7%
22.9%
No HS diploma12.8%
HS diploma30.7%
Some college33.7%
Bachelor's+22.9%
Housing tenure
60.2%
39.8%
Owner60.2%
Renter39.8%

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

2021 vs 2026

How ZIP 47714 in Evansville, IN has changed in 5 years

Income
$49,045 → $55,910
up 14.0%
Population
34,596 → 32,132
down 7.1%
Renter share
42.2% → 39.8%
-2.4 pts
Bachelor's+
20.3% → 22.9%
+2.6 pts

Census figures show median household income at $55,910 today, compared with $49,045 five years earlier. Headcount in the area went from 34,596 to 32,132 between 2021 and 2024, a 7.1% change. About 39.8% of households rent today, against 42.2% in 2021. Educational attainment has shifted as well, with the share of adults holding a bachelor's degree or higher climbed from 20.3% to 22.9%.

Community

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Local insights

Tips for renters in ZIP 47714

About renting in ZIP 47714

Last updated: July 20, 2026

ZIP code 47714 covers Evansville, IN. The median rent here is $1,052/mo as of July 2026. A 1-bedroom rents for a median of $870/mo. A 2-bedroom rents for a median of $1,120/mo.

At 23% of local median household income ($55,910/yr), ZIP 47714 ranks as affordable compared to the national benchmark of 30%. Rents have increased 7.2% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 47714?

As of July 20, 2026, the median monthly rent in ZIP 47714 (Evansville, IN) is $1,052. This is based on aggregated data from public sources and community submissions.

How does ZIP 47714 rent compare to the US average?

ZIP 47714's median rent of $1,052/mo is $913 (46%) below the US national median of $1,965/mo.

How does ZIP 47714 compare to other ZIPs in Indiana?

ZIP 47714 is among the more affordable ZIP codes in Indiana, ranking #120 out of 144 ZIPs at $1,052/mo.

How much income do you need to rent in ZIP 47714?

To keep rent at or below 30% of gross income, you would need to earn at least $42,000/year (~$20/hour full-time) to afford the median rent of $1,052/mo in ZIP 47714. The local median household income is $55,910/yr, meaning the typical household meets that threshold.

Is rent going up or down in ZIP 47714?

Rent in ZIP 47714 has increased 7.2% over the past year as of July 20, 2026, putting upward pressure on renter budgets.

Is ZIP 47714 an affordable place to rent?

ZIP 47714 is considered very affordable for renters. At $1,052/mo, rent takes approximately 23% of the local median household income ($55,910/yr). The standard benchmark is 30%. ZIP 47714 falls comfortably within that range.

What percentage of ZIP 47714 residents rent vs. own?

According to Census data, approximately 39.8% of ZIP 47714 households are renters, while 60.2% are owner-occupied. ZIP 47714 leans toward homeownership, which can mean a smaller rental inventory.

How does ZIP 47714 compare to the rest of Evansville?

ZIP 47714 is pricier than Evansville as a whole. At $1,052/mo, it's $14 above the Evansville citywide median of $1,038/mo.

When was rent data for ZIP 47714 last updated?

Rent data for ZIP 47714 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
23%
VERY AFFORDABLE

At $1,052/mo, rent takes ~23% of ZIP 47714's median household income ($55,910/yr). The standard benchmark is 30%.

ZIP 47714 23%Benchmark 30%
State income tax3.05%
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Schools nearby

Public schools near ZIP 47714 (Evansville, IN)

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