Rent by ZIP · Vanderburgh County
Rent in Evansville, IN 47720
HUD's FY2027 Small Area Fair Market Rent for a 2-bedroom here is $1,200 (-1.6% vs FY2026). Renters in this ZIP code pay a median $1,042 a month, including utilities.
Rent by number of bedrooms
| Size | SAFMR FY2027 | FY2026 | Change | Typical voucher range | Census median rent |
|---|---|---|---|---|---|
| Studio | $920 | $940 | -2.1% | $828–1,012 | – |
| 1 bedroom | $930 | $940 | -1.1% | $837–1,023 | $794 ±$182 |
| 2 bedrooms | $1,200 | $1,220 | -1.6% | $1,080–1,320 | $1,059 ±$108 |
| 3 bedrooms | $1,480 | $1,500 | -1.3% | $1,332–1,628 | $1,469 ±$209 |
| 4 bedrooms | $1,630 | $1,690 | -3.6% | $1,467–1,793 | – |
Small Area FMRs for the Evansville, IN MSA. Fair Market Rents include utilities. The voucher range is the typical 90–110% band; your housing authority sets the actual payment standard.
Area-wide FMR for Evansville, IN MSA, 2 bedrooms: $1,127.
What renters pay in 47720
How rents are spread
Share of renter households paying cash rent, by monthly gross rent (rent plus utilities).
Nearby ZIP codes
| ZIP | Place | 2-bedroom FMR | Census median, 2 bedrooms |
|---|---|---|---|
| 47715 | Evansville | $1,270 | $1,160 |
| 47725 | Evansville | $1,650 | $2,514 |
| 47714 | Evansville | $1,180 | $1,072 |
| 47713 | Evansville | $1,110 | $963 |
| 47712 | Evansville | $1,090 | $1,011 |
| 47711 | Evansville | $1,140 | $945 |
Fair Market Rents across Vanderburgh County, IN · All IN counties · What is Fair Market Rent?
Sources: HUD Small Area and county Fair Market Rents, FY2027 (effective October 1, 2026); U.S. Census Bureau, 2020–2024 ACS 5-year estimates. Census figures are survey estimates (±90% margin of error) and trail today's market. Place name from GeoNames. About the data.