Evansville vs Fargo
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Evansville is 32% cheaper for renters. A 2-bedroom rents for $694/mo vs $913/mo in Fargo — saving $2,628/year.
Rent by Unit Size
| Unit Size | Evansville | Fargo | Difference |
|---|---|---|---|
| Studio | $442 | $577 | $135 |
| 1 Bedroom | $564 | $717 | $153 |
| 2 Bedrooms | $694 | $913 | $219 |
| 3 Bedrooms | $844 | $1,145 | $301 |
| 4 Bedrooms | $981 | $1,249 | $268 |
| Median Income | $35,376 | $45,978 | $10,602 |
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
Fargo
- Studio
- $577/mo
- 1 BR
- $717/mo
- 2 BR
- $913/mo
- 3 BR
- $1,145/mo
- 4 BR
- $1,249/mo
- Median Income
- $45,978/yr
Frequently Asked Questions
Is Evansville or Fargo cheaper to rent in?
Evansville is cheaper — a 2-bedroom Fair Market Rent is $694/mo vs $913/mo in Fargo. That's $219/mo or $2,628/year more expensive in Fargo (32% higher).
What is the 2-bedroom rent in Evansville vs Fargo?
The HUD Fair Market Rent for a 2-bedroom in Evansville is $694/month. In Fargo, a 2-bedroom FMR is $913/month.
How do incomes compare between Evansville and Fargo?
The median household income in Evansville is $35,376/year. In Fargo it is $45,978/year. Fargo has the higher median income.
What is the studio rent in Evansville vs Fargo?
A studio apartment Fair Market Rent in Evansville is $442/mo. In Fargo it is $577/mo.