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ZIP Code · IN

ZIP 47715

Pop. 29,280·Vanderburgh County·79th most expensive ZIP in Indiana
Median rent (all units)
$1,312/mo
Year-over-Year
Stable
Month-over-Month
-5.5%
vs US Median
-$653
Falling (Monthly)
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Most AffordableMost Expensive
ZIP 47715 · $1,312
More affordable than 86% of US ZIP codes · National median $1,965/mo
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Medians by bedroom

Rent by unit size

Studio
$950
1 BR
$960
2 BR
$1,240
3 BR
$1,530
4 BR+
$1,710
Research median
$1,240/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
$15,744/yr
At $1,312/mo median
Location
StateIN
CountyVanderburgh County
Rent Market Meter
Strong Renter's Market
Renter's MarketBalancedLandlord's Market
Rents are down 0.0% year-over-year. Push hard on price, concessions, and lease terms.
Based on rent-price momentum (+0.0% YoY, -5.5% MoM), not inventory.
Demographics

Who lives here

ZIP 47715 (Evansville, IN) is roughly split between renters and owners, has a large retiree population, has a median income below the national average, 29.1% of residents hold a bachelor's degree or higher.

Population
29,280
Median income
$60,897
Median age
39.1
Renters
50.4%
Age distribution
21.6%
21.3%
24.4%
21%
Under 1821.6%
18–3421.3%
35–5424.4%
55–6411.7%
65+21%
Gender
45%
55%
Male45%
Female55%
Race & ethnicity
76.1%
White76.1%
Black10.4%
Hispanic5.8%
Asian2.2%
Other5.5%
Education (25+)
26.8%
37.9%
29.1%
No HS diploma6.2%
HS diploma26.8%
Some college37.9%
Bachelor's+29.1%
Housing tenure
49.6%
50.4%
Owner49.6%
Renter50.4%

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

2021 vs 2026

How ZIP 47715 in Evansville, IN has changed in 5 years

Income
$52,645 → $60,897
up 15.7%
Population
27,170 → 29,280
up 7.8%
Renter share
49.5% → 50.4%
+0.9 pts
Bachelor's+
33% → 29.1%
-3.9 pts
Median age
38.5 → 39.1
+0.6 yrs

Census figures show median household income at $60,897 today, compared with $52,645 five years earlier. Headcount in the area went from 27,170 to 29,280 between 2021 and 2024, a 7.8% change. Educational attainment has shifted as well, with the share of adults holding a bachelor's degree or higher slipped from 33% to 29.1%.

Community

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Local insights

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About renting in ZIP 47715

Last updated: July 20, 2026

ZIP code 47715 covers Evansville, IN. The median rent here is $1,312/mo as of July 2026. A 1-bedroom rents for a median of $960/mo. A 2-bedroom rents for a median of $1,240/mo.

At 26% of local median household income ($60,897/yr), ZIP 47715 ranks as affordable compared to the national benchmark of 30%. Rent prices have stayed steady over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 47715?

As of July 20, 2026, the median monthly rent in ZIP 47715 (Evansville, IN) is $1,312. This is based on aggregated data from public sources and community submissions.

How does ZIP 47715 rent compare to the US average?

ZIP 47715's median rent of $1,312/mo is $653 (33%) below the US national median of $1,965/mo.

How does ZIP 47715 compare to other ZIPs in Indiana?

ZIP 47715 falls in the middle range for Indiana, ranking #79 out of 144 ZIPs at $1,312/mo.

How much income do you need to rent in ZIP 47715?

To keep rent at or below 30% of gross income, you would need to earn at least $52,000/year (~$25/hour full-time) to afford the median rent of $1,312/mo in ZIP 47715. The local median household income is $60,897/yr, meaning the typical household meets that threshold.

Is rent going up or down in ZIP 47715?

Rent in ZIP 47715 has been relatively stable over the past year, with a 0.0% change year over year as of July 20, 2026.

Is ZIP 47715 an affordable place to rent?

ZIP 47715 is considered affordable for renters. At $1,312/mo, rent takes approximately 26% of the local median household income ($60,897/yr). The standard benchmark is 30%. ZIP 47715 falls comfortably within that range.

What percentage of ZIP 47715 residents rent vs. own?

According to Census data, approximately 50.4% of ZIP 47715 households are renters, while 49.6% are owner-occupied. With a majority renter population, ZIP 47715 has a strong rental market.

How does ZIP 47715 compare to the rest of Evansville?

ZIP 47715 is pricier than Evansville as a whole. At $1,312/mo, it's $274 above the Evansville citywide median of $1,038/mo.

When was rent data for ZIP 47715 last updated?

Rent data for ZIP 47715 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
26%
AFFORDABLE

At $1,312/mo, rent takes ~26% of ZIP 47715's median household income ($60,897/yr). The standard benchmark is 30%.

ZIP 47715 26%Benchmark 30%
State income tax3.05%
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Schools nearby

Public schools near ZIP 47715 (Evansville, IN)

Recent submissions

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