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

RentData.org Logo Evansville Fair Market Rent FY 2018 Evansville, IN-KY MSA Rental Data

Fair Market Rent Prices in Evansville, KY :
$555 $595 $769 $968 $1,047
Studio / Efficiency 1-Bedroom 2-Bedroom 3-Bedroom 4-Bedroom
0-BR 1-BR 2-BR 3-BR 4-BR
Moderate 40th Percentile Metro Area

Fair Market Rent prices in Evansville are average compared to the national average. This FMR area is more expensive than 60% of other FMR areas. Fair Market Rent for a two-bedroom apartment in Evansville is $769 per month.

The previous year, rent for a two-bedroom home was $787 per month. This is a 2.29% decrease year-over-year.

This FMR rate applies to Baskett, KY, Inglefield, IN, Smith Mills, KY, Henderson, KY, Reed, KY, Spottsville, KY, Waverly, KY, Uniontown, KY, New Harmony, IN, Robards, 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 MSA spans four counties or cities in Kentucky and Indiana which ares listed in the table below. Estimated population of Evansville, IN-KY MSA FMR area is 311,552 people based on 2010 Census data.

Compared to the rest of Kentucky, the Evansville FMR area is more expensive than 89% of the state.

Kentucky 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 $ 594
1-BR 1-Bedroom $ 637
2-BR 2-Bedroom $ 824
3-BR 3-Bedroom $ 1038
4-BR 4-Bedroom $ 1122
Change Year:

The counties, cities, towns, and regions listed below fall into the Evansville, IN-KY MSA 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
Henderson County, KY Metro 46,250
Posey County, IN Metro 25,910
Vanderburgh County, IN Metro 179,703
Warrick County, IN Metro 59,689
Zip Codes in Evansville, IN-KY MSA

There are 46 unique zip codes in this Fair Market Rent (FMR) area:

42402, 42406, 42419, 42451, 42452, 42457, 42458, 42461, 42462, 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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