Ann Arbor vs Evansville
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Evansville is 69% cheaper for renters. A 2-bedroom rents for $694/mo vs $1,170/mo in Ann Arbor — saving $5,712/year.
Rent by Unit Size
| Unit Size | Ann Arbor | Evansville | Difference |
|---|---|---|---|
| Studio | $781 | $442 | $339 |
| 1 Bedroom | $945 | $564 | $381 |
| 2 Bedrooms | $1,170 | $694 | $476 |
| 3 Bedrooms | $1,486 | $844 | $642 |
| 4 Bedrooms | $1,736 | $981 | $755 |
| Median Income | $58,245 | $35,376 | $22,869 |
Ann Arbor
- Studio
- $781/mo
- 1 BR
- $945/mo
- 2 BR
- $1,170/mo
- 3 BR
- $1,486/mo
- 4 BR
- $1,736/mo
- Median Income
- $58,245/yr
Evansville
- Studio
- $442/mo
- 1 BR
- $564/mo
- 2 BR
- $694/mo
- 3 BR
- $844/mo
- 4 BR
- $981/mo
- Median Income
- $35,376/yr
Frequently Asked Questions
Is Ann Arbor or Evansville cheaper to rent in?
Evansville is cheaper — a 2-bedroom Fair Market Rent is $694/mo vs $1,170/mo in Ann Arbor. That's $476/mo or $5,712/year more expensive in Ann Arbor (69% higher).
What is the 2-bedroom rent in Ann Arbor vs Evansville?
The HUD Fair Market Rent for a 2-bedroom in Ann Arbor is $1,170/month. In Evansville, a 2-bedroom FMR is $694/month.
How do incomes compare between Ann Arbor and Evansville?
The median household income in Ann Arbor is $58,245/year. In Evansville it is $35,376/year. Ann Arbor has the higher median income.
What is the studio rent in Ann Arbor vs Evansville?
A studio apartment Fair Market Rent in Ann Arbor is $781/mo. In Evansville it is $442/mo.