Similar to the surrounding areas, it is a lot less expensive compared to the country as a whole. It is substantially less expensive compared to the city of Moorhead.
Home prices
The price of the median home in Evansville is $118,500. In comparison to other places in this area this is approximately $4,320 (3%) higher.Compared to the rest of the country it is roughly $99,000 (45%) lower, and compared to the city of Moorhead it is approximately $76,100 (39%) lower.
Rents
In Evansville the median rent is $642 per month. In comparison to nearby areas it is approximately $13 (2%) lower.Compared to the entire country it is roughly $420 (39%) lower, and it is approximately $243 (27%) lower in comparison to the city of Moorhead.
Nearby places
Brandon
Brandon is approximately 4 miles southeast from Evansville. Its housing prices are a bit more expensive. The price of the median home in Brandon is $134,500, which works out to $16,000 (11%) higher than Evansville. Rent there is a little less expensive. In Brandon the median monthly rent is $558, which works out to $84 (15%) lower than Evansville.
Millerville
Millerville is approximately 6 miles northeast of Evansville. The real estate prices there are significantly less expensive. The median home in Millerville costs $85,000, which is $33,500 (39%) lower than Evansville. Rents there are pretty similar. Millerville's median monthly rent is $615, which works out to $27 (4%) lower than Evansville.
Ashby
Ashby is approximately 7 miles northwest of Evansville. Its housing prices are a little less expensive. The price of the median home in Ashby is $102,000, which comes out to $16,500 (16%) lower than Evansville. Rent there is somewhat more expensive. The median monthly rent in Ashby is $757, which comes out to $115 (15%) higher than Evansville.
Garfield
Garfield is roughly 8 miles southeast of Evansville. Its housing prices are somewhat more expensive. The median home in Garfield costs $156,900, which comes out to $38,400 (24%) higher than Evansville. Its rents are a bit more expensive. Garfield's median monthly rent is $733, which is $91 (12%) higher than Evansville.
Hoffman
Hoffman is approximately 11 miles south from Evansville. Its real estate prices are a bit less expensive. The median home in Hoffman is valued at $92,500, which works out to $26,000 (28%) lower than Evansville. Its rents are pretty similar. In Hoffman the median rent is $613 a month, which works out to $29 (4%) lower than Evansville.