Foreclosures in Evansville, IN

Current Market Conditions in Evansville, IN

The real estate market in Evansville has remained stable with a steady influx of new residents looking for affordable housing options. The demand for single-family homes has seen a gradual increase as more people are drawn to the cost-effective living environment.

Investors are paying attention to Evansville as home prices have appreciated modestly over the past year, making it a lucrative market for those looking to buy rental properties. The city’s growing job market and amenities have significantly improved the attractiveness for potential homeowners.

Rent Prices In Evansville, IN

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Evansville, IN, is on a rollercoaster ride. The average rent price in Evansville, IN, is $1,180.00. Indeed, when looking to rent in Evansville, IN, you can expect to pay as little as $500.00 or as much as $3,760.00, with the average rent median estimated to be $1,080.00. The good news is that finding an affordable and desirable property to rent in Evansville, IN -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.