Asheville vs Evansville
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Evansville is 59% cheaper for renters. A 2-bedroom rents for $694/mo vs $1,106/mo in Asheville — saving $4,944/year.
Rent by Unit Size
| Unit Size | Asheville | Evansville | Difference |
|---|---|---|---|
| Studio | $689 | $442 | $247 |
| 1 Bedroom | $875 | $564 | $311 |
| 2 Bedrooms | $1,106 | $694 | $412 |
| 3 Bedrooms | $1,316 | $844 | $472 |
| 4 Bedrooms | $1,577 | $981 | $596 |
| Median Income | $64,400 | $35,376 | $29,024 |
Asheville
- Studio
- $689/mo
- 1 BR
- $875/mo
- 2 BR
- $1,106/mo
- 3 BR
- $1,316/mo
- 4 BR
- $1,577/mo
- Median Income
- $64,400/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 Asheville or Evansville cheaper to rent in?
Evansville is cheaper — a 2-bedroom Fair Market Rent is $694/mo vs $1,106/mo in Asheville. That's $412/mo or $4,944/year more expensive in Asheville (59% higher).
What is the 2-bedroom rent in Asheville vs Evansville?
The HUD Fair Market Rent for a 2-bedroom in Asheville is $1,106/month. In Evansville, a 2-bedroom FMR is $694/month.
How do incomes compare between Asheville and Evansville?
The median household income in Asheville is $64,400/year. In Evansville it is $35,376/year. Asheville has the higher median income.
What is the studio rent in Asheville vs Evansville?
A studio apartment Fair Market Rent in Asheville is $689/mo. In Evansville it is $442/mo.