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Note: Evansville, IN-KY HUD Metro FMR Area spans 2 states: Indiana and Kentucky. Only one of the states will be shown in the map below.

RentData.org Logo Evansville Fair Market Rent FY 2007 Evansville, IN-KY HUD Metro FMR Area Rental Data

Fair Market Rent Prices in Evansville, IN :
$386 $450 $560 $691 $751
Studio / Efficiency 1-Bedroom 2-Bedroom 3-Bedroom 4-Bedroom
0-BR 1-BR 2-BR 3-BR 4-BR
Affordable 40th Percentile Metro Area

Fair Market Rent prices in Evansville are average compared to the national average. This FMR area is more expensive than 56% of other FMR areas. Fair Market Rent for a two-bedroom apartment in Evansville is $560 per month.

The previous year, rent for a two-bedroom home was $543 per month. This is a 3.13% increase year-over-year.

This FMR rate applies to Baskett, KY, Wheatcroft, KY, Poole, KY, Inglefield, IN, Smith Mills, KY, Henderson, KY, Reed, KY, Spottsville, KY, Waverly, KY, Uniontown, KY and other cities within the region. The Metro Code or CBSA code for this region is METRO21780M21780.

Additionally, This Fair Market Rent (FMR) area Evansville, IN-KY HUD Metro FMR Area spans five counties or cities in Indiana and Kentucky which ares listed in the table below. Estimated population of Evansville, IN-KY HUD Metro FMR Area FMR area is 310,315 people based on latest Census data.

Compared to the rest of Indiana, the Evansville FMR area is less expensive than 72% of the state.

Indiana Rents Map

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What is Fair Market Rent?

Fair Market Rent is determined each fiscal year by the HUD and is used to set payment standards for federal housing assistance programs in Evansville. Fair Market Rent is the 40th-percentile of typical rentals in a given region. Learn more

Median Rent Prices in Evansville

To compute the 40th percentile of rent prices the HUD must determine the median or 50th percentile as well. 50th percentile rent prices are NOT fair market rents (unless otherwise noted as a 50th percentile designated region above). However, some home owners or rents may be interested in the median rent prices as well.

50th Percentile Rental Prices:
0-BR Studio / Efficiency $ 408
1-BR 1-Bedroom $ 485
2-BR 2-Bedroom $ 596
3-BR 3-Bedroom $ 735
4-BR 4-Bedroom $ 837
Change Year:

The counties, cities, towns, and regions listed below fall into the Evansville, IN-KY HUD Metro FMR Area FMR area and have the same Fair Market Rent prices which are listed above. This FMR area covers one metro area: Evansville.

County / Region Est. Population
Posey County, IN Metro 27,061
Vanderburgh County, IN Metro 171,922
Warrick County, IN Metro 52,383
Henderson County, KY Metro 44,829
Webster County, KY Metro 14,120
Zip Codes in Evansville, IN-KY HUD Metro FMR Area

There are 50 unique zip codes in this Fair Market Rent (FMR) area:

42402, 42406, 42409, 42419, 42444, 42451, 42452, 42455, 42457, 42458, 42461, 42462, 42463, 47610, 47618, 47620, 47629, 47630, 47631, 47638, 47701, 47702, 47703, 47704, 47705, 47706, 47708, 47710, 47711, 47712, 47713, 47714, 47715, 47716, 47719, 47720, 47721, 47722, 47724, 47728, 47730, 47731, 47732, 47733, 47734, 47735, 47736, 47737, 47747 and 47750

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