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Frequently Asked Questions

How much does it cost to rent a condo in Evansville, WI?
The median rent for a condo in Evansville, WI is $750 per month, though prices vary by neighborhood, size, and property type. As of June 2026, condos tend to be the most affordable option while single-family homes are currently more expensive.
How much do you need to make to afford rent in Evansville, WI?
To comfortably afford the median rent in Evansville, WI, a household needs to earn roughly $51,480 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $1,287 per month in Evansville, WI, renters typically need to show $3,861 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.
Is it more affordable to rent or buy in Evansville, WI?
In Evansville, WI, the price-to-rent ratio is 22.7, which generally favors renting. This ratio divides the median home price by the annual median rent: below 15 typically favors buying, 15 to 20 is balanced, and above 20 typically favors renting. Your finances, how long you plan to stay, and costs like mortgage rates, taxes, and maintenance all factor into the decision.
What neighborhoods in Evansville, WI are best for renting a condo?
The best neighborhood for renting in Evansville, WI depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a condo include Greenbush and Bay Creek, each with its own character and price range.

Condo Rental Trends in Evansville, WI

Rental Home Trends

Median Condo Rent
$750
Median 3 Bedroom Condo Rent
$750
How to Rent a Home