Evansville vs Racine
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Evansville is 14% cheaper for renters. A 2-bedroom rents for $694/mo vs $794/mo in Racine — saving $1,200/year.
Rent by Unit Size
| Unit Size | Evansville | Racine | Difference |
|---|---|---|---|
| Studio | $442 | $508 | $66 |
| 1 Bedroom | $564 | $641 | $77 |
| 2 Bedrooms | $694 | $794 | $100 |
| 3 Bedrooms | $844 | $1,002 | $158 |
| 4 Bedrooms | $981 | $1,141 | $160 |
| Median Income | $35,376 | $42,267 | $6,891 |
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
Racine
- Studio
- $508/mo
- 1 BR
- $641/mo
- 2 BR
- $794/mo
- 3 BR
- $1,002/mo
- 4 BR
- $1,141/mo
- Median Income
- $42,267/yr
Frequently Asked Questions
Is Evansville or Racine cheaper to rent in?
Evansville is cheaper — a 2-bedroom Fair Market Rent is $694/mo vs $794/mo in Racine. That's $100/mo or $1,200/year more expensive in Racine (14% higher).
What is the 2-bedroom rent in Evansville vs Racine?
The HUD Fair Market Rent for a 2-bedroom in Evansville is $694/month. In Racine, a 2-bedroom FMR is $794/month.
How do incomes compare between Evansville and Racine?
The median household income in Evansville is $35,376/year. In Racine it is $42,267/year. Racine has the higher median income.
What is the studio rent in Evansville vs Racine?
A studio apartment Fair Market Rent in Evansville is $442/mo. In Racine it is $508/mo.