Home prices
Evansville's median home price is $94,200. In comparison to nearby areas this is roughly $45,633 (32%) lower.It is roughly $123,300 (56%) lower compared to the rest of the country.
Rents
The median monthly rent in Evansville is $774. In comparison to other places in this area it is about $166 (17%) lower.It is approximately $288 (27%) lower in comparison to the rest of the nation.
Nearby places
Melody Hill
Melody Hill is Evansville's neighbor to the northeast. Housing prices there are substantially more expensive. The median home in Melody Hill is valued at $159,200, which works out to $65,000 (40%) higher than Evansville. Rents there are significantly more expensive. In Melody Hill the median monthly rent is $1,550, which works out to $776 (50%) higher than Evansville.
Newburgh
Newburgh is about 6 miles southeast of Evansville. The real estate prices there are a lot more expensive. The price of the median home in Newburgh is $153,500, which works out to $59,300 (38%) higher than Evansville. The rent there is a bit more expensive. Newburgh's median monthly rent is $833, which comes out to $59 (7%) higher than Evansville.
Darmstadt
Darmstadt is roughly 7 miles north from Evansville. Housing prices there are a lot more expensive. The median home price in Darmstadt is $219,300, which works out to $125,100 (57%) higher than Evansville. Rents there are somewhat more expensive. In Darmstadt the median rent is $1,071 per month, which comes out to $297 (27%) higher than Evansville.
Chandler
Chandler is roughly 8 miles northeast of Evansville. The housing prices there are similar. The price of the median home in Chandler is $92,500, which is $1,700 (1%) lower than Evansville. The rent there is somewhat more expensive. Chandler's median rent is $852 per month, which works out to $78 (9%) higher than Evansville.
Henderson
Henderson is roughly 10 miles south of Evansville. The housing prices there are somewhat more expensive. The median home value in Henderson is $120,700, which comes out to $26,500 (21%) higher than Evansville. The rent there is a bit less expensive. The median monthly rent in Henderson is $685, which is $89 (12%) lower than Evansville.
Boonville
Boonville is about 12 miles east from Evansville. Its real estate prices are pretty similar. The median home cost in Boonville is $93,800, which is very similar to Evansville. Rents there are somewhat less expensive. The median monthly rent in Boonville is $649, which is $125 (19%) lower than Evansville.