Evansville vs Fort Wayne
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Evansville is 12% cheaper for renters. A 2-bedroom rents for $694/mo vs $777/mo in Fort Wayne — saving $996/year.
Rent by Unit Size
| Unit Size | Evansville | Fort Wayne | Difference |
|---|---|---|---|
| Studio | $442 | $499 | $57 |
| 1 Bedroom | $564 | $639 | $75 |
| 2 Bedrooms | $694 | $777 | $83 |
| 3 Bedrooms | $844 | $969 | $125 |
| 4 Bedrooms | $981 | $1,175 | $194 |
| Median Income | $35,376 | $47,806 | $12,430 |
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
Fort Wayne
- Studio
- $499/mo
- 1 BR
- $639/mo
- 2 BR
- $777/mo
- 3 BR
- $969/mo
- 4 BR
- $1,175/mo
- Median Income
- $47,806/yr
Frequently Asked Questions
Is Evansville or Fort Wayne cheaper to rent in?
Evansville is cheaper — a 2-bedroom Fair Market Rent is $694/mo vs $777/mo in Fort Wayne. That's $83/mo or $996/year more expensive in Fort Wayne (12% higher).
What is the 2-bedroom rent in Evansville vs Fort Wayne?
The HUD Fair Market Rent for a 2-bedroom in Evansville is $694/month. In Fort Wayne, a 2-bedroom FMR is $777/month.
How do incomes compare between Evansville and Fort Wayne?
The median household income in Evansville is $35,376/year. In Fort Wayne it is $47,806/year. Fort Wayne has the higher median income.
What is the studio rent in Evansville vs Fort Wayne?
A studio apartment Fair Market Rent in Evansville is $442/mo. In Fort Wayne it is $499/mo.