Evansville vs Wilmington
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Evansville is 48% cheaper for renters. A 2-bedroom rents for $694/mo vs $1,024/mo in Wilmington — saving $3,960/year.
Rent by Unit Size
| Unit Size | Evansville | Wilmington | Difference |
|---|---|---|---|
| Studio | $442 | $656 | $214 |
| 1 Bedroom | $564 | $838 | $274 |
| 2 Bedrooms | $694 | $1,024 | $330 |
| 3 Bedrooms | $844 | $1,314 | $470 |
| 4 Bedrooms | $981 | $1,459 | $478 |
| Median Income | $35,376 | $52,995 | $17,619 |
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
Wilmington
- Studio
- $656/mo
- 1 BR
- $838/mo
- 2 BR
- $1,024/mo
- 3 BR
- $1,314/mo
- 4 BR
- $1,459/mo
- Median Income
- $52,995/yr
Frequently Asked Questions
Is Evansville or Wilmington cheaper to rent in?
Evansville is cheaper — a 2-bedroom Fair Market Rent is $694/mo vs $1,024/mo in Wilmington. That's $330/mo or $3,960/year more expensive in Wilmington (48% higher).
What is the 2-bedroom rent in Evansville vs Wilmington?
The HUD Fair Market Rent for a 2-bedroom in Evansville is $694/month. In Wilmington, a 2-bedroom FMR is $1,024/month.
How do incomes compare between Evansville and Wilmington?
The median household income in Evansville is $35,376/year. In Wilmington it is $52,995/year. Wilmington has the higher median income.
What is the studio rent in Evansville vs Wilmington?
A studio apartment Fair Market Rent in Evansville is $442/mo. In Wilmington it is $656/mo.