Apartments in Downtown Evansville

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1
$949
1717 Lodge Ave Evansville, IN
2 BR | Available Now
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Cat Friendly
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1
$795
Evansville, IN
2 BR | Available Now
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University South
12
$1,195
Evansville, IN
2 BR | Available Now
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Willemette
1
$1,195
1505 E Riverside Dr Evansville, IN
3 BR | Available Now
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Dog Friendly
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1
$1,250
2210 Red Bud Cir Evansville, IN
3 BR | Available Now
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  3. Downtown Evansville
Downtown Evansville Neighborhood Summary

Evansville is a great city with lots of great neighborhoods to live in and fun places to hang out. And the heart of the city is downtown. Whether you’re living in a luxurious contemporary apartment or gracefully aging loft, you’ll be located near some of top local restaurants, bars, shops, and other attractions in the city.

Evansville:
November Rent Report

Welcome to the November 2026 Evansville Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the November 2026 key findings and figures for the Evansville rental landscape.

Our experts analyze the pricing trends — one-bedroom, two-bedroom, year-over-year and month-over-month — in Evansville and surrounding areas and provide comparisons to the entire metro area, nearby cities and some of the most desirable and expensive cities in the United States. Take a look at the last 12 months of Evansville average rent prices in the chart below.

Monthly Rent Report

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1 BR       2 BR

Evansville Rent Prices Decrease From October to November

Evansville rent prices decreased over the last month. From October to November, the city experienced a 0% decrease for the price of a one-bedroom apartment. The rent price for a Evansville one-bedroom apartments currently stands at $.

When we take a look at the two-bedroom comparison from October to November, Evansville experienced a 0% decrease for the price of a two-bedroom apartment. The rent price for a Evansville two-bedroom apartments currently stands at $.

November Prices: Evansville vs. Surrounding Areas

Rent Prices in Evansville and Surrounding Areas

Rent prices have decreased in Evansville over the last month. But how have the surrounding areas fared when it comes to the recent volatility in apartment prices? Rent prices in 0 of the Evansville suburbs increased last month. On the other hand, 0 local areas experienced a decrease in the price of a one-bedroom apartment.

More key findings include:

  • Rents did not increase in any of the Evansville suburbs

  • Rents did not decrease in any of the Evansville suburbs.

November 2026 Pricing Trends: Evansville vs. National Comparisons

Evansville Rent Prices More Affordable Than Major Cities

Rent growth in Evansville over the past year has been declining. When compared to major cities nearby, along with some of the most expensive cities in the country, Evansville average rent prices appear to be relatively affordable for local residents.

The price for a Evansville one-bedroom apartment remains vastly more affordable than four of the largest cities in the United States — New York City, Washington, D.C. San Francisco and Los Angeles. And pricing compares quite similarly to nearby Midwest cities.

For more information about Evansville and surrounding area rent prices, take a look at the complete data set below.

Data set for Evansville and suburbs

1 BR November 1 BR M/M % Change 2 BR November 2 BR M/M % Change

Methodology

Each month, using over 1 million Rentable listings across the United States, we calculate the median 1-bedroom and 2-bedroom rent prices by city, state, and nation, and track the month-over-month percent change. To avoid small sample sizes, we restrict the analysis for our reports to cities meeting minimum population and property count thresholds.