Apartments in Poplar Grove Evansville

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10
$825
Evansville, IN
2 BR | Available Now
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Dog Friendly
Balcony/Deck/Patio
Dishwasher
11
$700
Evansville, IN
1 BR | Available Now
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Storage
8
3D Tour
$1,350
Evansville, IN
1 BR | Jul. 19, 2024
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Storage
Disability Access
Western Terrace
8
$739 - 909
1214 Lavender Court Evansville, IN
1 - 2 BR | Available Now
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Dog Friendly
Cat Friendly
Senior Community
Luxury
Air Conditioning
9
$995
Evansville, IN
2 BR | Available Now
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Dog Friendly
Cat Friendly
House
5
$550
Evansville, IN
1 BR | Available Now
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Storage
Disability Access
STAR
6
$650
Evansville, IN
1 BR | Available Now
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Dog Friendly
Cat Friendly
Storage
STAR
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Evansville:
March Rent Report

Welcome to the March 2024 Evansville Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the March 2024 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

$1,100
$830
$550
$280
$0
Apr. 2023
May. 2023
Jun. 2023
Jul. 2023
Aug. 2023
Sep. 2023
Oct. 2023
Nov. 2023
Dec. 2023
Jan. 2024
Feb. 2024
Mar. 2024
1 BR       2 BR

Evansville Rent Prices Increase From February to March

Evansville rent prices increased over the last month. From February to March, the city experienced a 3.56% increase for the price of a one-bedroom apartment. The rent price for a Evansville one-bedroom apartments currently stands at $786.0.

When we take a look at the two-bedroom comparison from February to March, Evansville experienced a -0.1% decrease for the price of a two-bedroom apartment. The rent price for a Evansville two-bedroom apartments currently stands at $989.0.

March Prices: Evansville vs. Surrounding Areas

Evansville, IN
Newburgh, IN
$759
$735
$0
$250
$500
$750
$1,000
Median 1 BR Rent

Rent Prices in Evansville and Surrounding Areas

Rent prices have increased 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 1 of the Evansville suburb 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:

  • Rent increased in Newburgh, IN .

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

  • 1 suburb is currently priced lower than the city of Evansville.

March 2024 Pricing Trends: Evansville vs. National Comparisons

New York, NY
San Francisco, CA
Los Angeles, CA
Washington, DC
Chicago, IL
Minneapolis, MN
Columbus, OH
Pittsburgh, PA
Evansville, IN
$3,976
$3,029
$2,358
$2,336
$1,866
$1,310
$1,235
$1,124
$759
$0
$1,300
$2,600
$3,900
$5,200
Median Rent

Evansville Rent Prices More Affordable Than Major Cities

Rent growth in Evansville over the past year has been on the rise. 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 March 1 BR M/M % Change 2 BR March 2 BR M/M % Change
Evansville, IN $759.0 -2.94% $990.0 -2.85%
Newburgh, IN $735.0 5.76% $1,045.0 -4.83%

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.