El Paso vs Evansville
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Evansville is 25% cheaper for renters. A 2-bedroom rents for $694/mo vs $868/mo in El Paso — saving $2,088/year.
Rent by Unit Size
| Unit Size | El Paso | Evansville | Difference |
|---|---|---|---|
| Studio | $557 | $442 | $115 |
| 1 Bedroom | $685 | $564 | $121 |
| 2 Bedrooms | $868 | $694 | $174 |
| 3 Bedrooms | $1,052 | $844 | $208 |
| 4 Bedrooms | $1,194 | $981 | $213 |
| Median Income | $45,964 | $35,376 | $10,588 |
El Paso
- Studio
- $557/mo
- 1 BR
- $685/mo
- 2 BR
- $868/mo
- 3 BR
- $1,052/mo
- 4 BR
- $1,194/mo
- Median Income
- $45,964/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 El Paso or Evansville cheaper to rent in?
Evansville is cheaper — a 2-bedroom Fair Market Rent is $694/mo vs $868/mo in El Paso. That's $174/mo or $2,088/year more expensive in El Paso (25% higher).
What is the 2-bedroom rent in El Paso vs Evansville?
The HUD Fair Market Rent for a 2-bedroom in El Paso is $868/month. In Evansville, a 2-bedroom FMR is $694/month.
How do incomes compare between El Paso and Evansville?
The median household income in El Paso is $45,964/year. In Evansville it is $35,376/year. El Paso has the higher median income.
What is the studio rent in El Paso vs Evansville?
A studio apartment Fair Market Rent in El Paso is $557/mo. In Evansville it is $442/mo.