Evansville vs Winston-Salem
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Evansville is 16% cheaper for renters. A 2-bedroom rents for $694/mo vs $807/mo in Winston-Salem — saving $1,356/year.
Rent by Unit Size
| Unit Size | Evansville | Winston-Salem | Difference |
|---|---|---|---|
| Studio | $442 | $531 | $89 |
| 1 Bedroom | $564 | $652 | $88 |
| 2 Bedrooms | $694 | $807 | $113 |
| 3 Bedrooms | $844 | $1,030 | $186 |
| 4 Bedrooms | $981 | $1,189 | $208 |
| Median Income | $35,376 | $47,140 | $11,764 |
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
Winston-Salem
- Studio
- $531/mo
- 1 BR
- $652/mo
- 2 BR
- $807/mo
- 3 BR
- $1,030/mo
- 4 BR
- $1,189/mo
- Median Income
- $47,140/yr
Frequently Asked Questions
Is Evansville or Winston-Salem cheaper to rent in?
Evansville is cheaper — a 2-bedroom Fair Market Rent is $694/mo vs $807/mo in Winston-Salem. That's $113/mo or $1,356/year more expensive in Winston-Salem (16% higher).
What is the 2-bedroom rent in Evansville vs Winston-Salem?
The HUD Fair Market Rent for a 2-bedroom in Evansville is $694/month. In Winston-Salem, a 2-bedroom FMR is $807/month.
How do incomes compare between Evansville and Winston-Salem?
The median household income in Evansville is $35,376/year. In Winston-Salem it is $47,140/year. Winston-Salem has the higher median income.
What is the studio rent in Evansville vs Winston-Salem?
A studio apartment Fair Market Rent in Evansville is $442/mo. In Winston-Salem it is $531/mo.