How many apartments for rent are available in Evansville, IN right now?
Roomster lists 1 apartments for rent around Evansville, across Downtown, the Haynie's Corner and North Main areas, the East Side along Green River Road, and the west side near USI. Evansville has an older, deep rental housing stock and a stable-to-slightly-shrinking population, so supply is steady rather than tight, and prices stay soft. The main thing that moves this market is the university calendar and the tri-state's hospitals and factories, not the kind of boom-and-bust demand you see in fast-growing Sun Belt cities.
How much does it cost to rent an apartment in Evansville, IN?
Evansville is one of the most affordable rental markets in the country - the median rent across all sizes sits near $1,000 a month, roughly 47 percent below the national average. A one-bedroom runs about $750 to $790 and a two-bedroom around $850 to $1,000, with studios near $625. You can find one-bedrooms under $700 a month in the near-Downtown neighborhoods and the older University South and Rosedale areas. Rents have edged down about 2 percent over the past year, so there is no urgency premium here - you can take your time and negotiate.
What are the most affordable areas to rent in Evansville?
The near-Downtown neighborhoods - Jacobsville, Tepe Park, and the blocks off North Main - are the cheapest, with older housing stock that prices well below the citywide average. The University South and Rosedale areas offer some of the lowest apartment rents in the city. The East Side along Green River Road and the newer suburban stock toward McCutchanville sit at the higher end, and the west side near USI prices to student demand. Because the whole city is inexpensive, the more useful question is usually flood exposure rather than price - confirm any riverside or low-lying address against the FEMA maps before signing.
Is there rent control in Evansville, IN?
No, and there cannot be. Indiana bars local rent control - the state preempts cities and counties from regulating rents - so neither Evansville nor Vanderburgh County has any, and there is no statewide cap either. Indiana is one of the more landlord-friendly states in the country: no rent cap, no cap on security deposits, and relatively few limits on increases at renewal. What the law does give tenants is a clear deposit timeline - a landlord must return your deposit with an itemized list of any deductions within 45 days of you moving out, provided you gave a written forwarding address. Read your lease carefully, because the protections are thinner here than in many states.
What deposit and fees should I expect in Evansville?
Because Indiana caps nothing, the deposit is whatever the landlord asks, so weigh it alongside the rent - though in a market this cheap, deposits tend to be modest. The protection is on the back end: your landlord must return the deposit, itemized, within 45 days of the lease ending, and if they fail to, you can recover the full amount plus reasonable attorney's fees. Give a written forwarding address when you leave, or the landlord is not obligated to return anything. Ask what is included, since many older Evansville rentals fold some utilities into the rent, and confirm flood insurance or flood-zone status on any address near the river.
How does Evansville compare to Indianapolis or Louisville on rent?
Evansville is meaningfully cheaper than either. Its median rent runs near $1,000 a month against roughly $1,391 in Indianapolis and about $1,200 in Louisville, and a one-bedroom here, around $750 to $790, undercuts a comparable unit in both larger cities by a wide margin. The trade-off is what you would expect: a smaller job market and a slower-growing city, though the tri-state's hospitals, universities, and manufacturers give it a steadier base than its size suggests. For a student, a remote worker, or anyone commuting up I-69 rather than into a big-city core, Evansville buys noticeably more apartment for the money.