Evansville vs San Luis Obispo
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Evansville is 134% cheaper for renters. A 2-bedroom rents for $694/mo vs $1,623/mo in San Luis Obispo — saving $11,148/year.
Rent by Unit Size
| Unit Size | Evansville | San Luis Obispo | Difference |
|---|---|---|---|
| Studio | $442 | $1,065 | $623 |
| 1 Bedroom | $564 | $1,360 | $796 |
| 2 Bedrooms | $694 | $1,623 | $929 |
| 3 Bedrooms | $844 | $2,039 | $1,195 |
| 4 Bedrooms | $981 | $2,372 | $1,391 |
| Median Income | $35,376 | $94,761 | $59,385 |
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
San Luis Obispo
- Studio
- $1,065/mo
- 1 BR
- $1,360/mo
- 2 BR
- $1,623/mo
- 3 BR
- $2,039/mo
- 4 BR
- $2,372/mo
- Median Income
- $94,761/yr
Frequently Asked Questions
Is Evansville or San Luis Obispo cheaper to rent in?
Evansville is cheaper — a 2-bedroom Fair Market Rent is $694/mo vs $1,623/mo in San Luis Obispo. That's $929/mo or $11,148/year more expensive in San Luis Obispo (134% higher).
What is the 2-bedroom rent in Evansville vs San Luis Obispo?
The HUD Fair Market Rent for a 2-bedroom in Evansville is $694/month. In San Luis Obispo, a 2-bedroom FMR is $1,623/month.
How do incomes compare between Evansville and San Luis Obispo?
The median household income in Evansville is $35,376/year. In San Luis Obispo it is $94,761/year. San Luis Obispo has the higher median income.
What is the studio rent in Evansville vs San Luis Obispo?
A studio apartment Fair Market Rent in Evansville is $442/mo. In San Luis Obispo it is $1,065/mo.