Evansville vs Merced
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Evansville is 52% cheaper for renters. A 2-bedroom rents for $694/mo vs $1,055/mo in Merced — saving $4,332/year.
Rent by Unit Size
| Unit Size | Evansville | Merced | Difference |
|---|---|---|---|
| Studio | $442 | $696 | $254 |
| 1 Bedroom | $564 | $865 | $301 |
| 2 Bedrooms | $694 | $1,055 | $361 |
| 3 Bedrooms | $844 | $1,328 | $484 |
| 4 Bedrooms | $981 | $1,460 | $479 |
| Median Income | $35,376 | $60,958 | $25,582 |
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
Merced
- Studio
- $696/mo
- 1 BR
- $865/mo
- 2 BR
- $1,055/mo
- 3 BR
- $1,328/mo
- 4 BR
- $1,460/mo
- Median Income
- $60,958/yr
Frequently Asked Questions
Is Evansville or Merced cheaper to rent in?
Evansville is cheaper — a 2-bedroom Fair Market Rent is $694/mo vs $1,055/mo in Merced. That's $361/mo or $4,332/year more expensive in Merced (52% higher).
What is the 2-bedroom rent in Evansville vs Merced?
The HUD Fair Market Rent for a 2-bedroom in Evansville is $694/month. In Merced, a 2-bedroom FMR is $1,055/month.
How do incomes compare between Evansville and Merced?
The median household income in Evansville is $35,376/year. In Merced it is $60,958/year. Merced has the higher median income.
What is the studio rent in Evansville vs Merced?
A studio apartment Fair Market Rent in Evansville is $442/mo. In Merced it is $696/mo.