Latest available · Census ACS 5-Year (2024)
What Is the Average Rent in ZCTA5 47305, Indiana?
ZIP code · Census ACS 5-Year estimates
The median gross rent in ZCTA5 47305, Indiana (ZIP 47305) is $754/month (±$79), based on Census ACS 5-Year estimates (2024). The median home value is $77,800 (±$8,049), and the median household income is $36,389/year. The unemployment rate in Delaware County, Indiana was 3.1% as of April 2026 (preliminary). Source: U.S. Census Bureau, American Community Survey, 2024 5-Year Estimates.
Housing Metrics for ZIP 47305
| Metric | Value |
|---|---|
| Median Gross Rent | $754 |
| Median Home Value | $77,800 |
| Median Household Income | $36,389 |
| Total Housing Units | 1,764 |
| Renter-Occupied Units | 1,142 |
| Renter-Occupied Share | 65% |
| Households Paying 50%+ Income | 336 households |
| Unemployment Rate(April 2026) | 3.1% |
How does ZIP 47305 compare?
Median gross rent ranked against all ZIP codes in Indiana.
Higher rent than 16% of ZIP codes in Indiana · 539th of 642
| # | ZIP code | Value |
|---|---|---|
| 1 | ZCTA5 46371 | $2,095 |
| 2 | ZCTA5 46075 | $2,034 |
| 3 | ZCTA5 47231 | $2,025 |
| … 535 more … | ||
| 539 | ZCTA5 47305(you are here) | $754 |
| … 100 more … | ||
| 639 | ZCTA5 47516 | $496 |
| 641 | ZCTA5 46186 | $485 |
| 642 | ZCTA5 47989 | $483 |
Geography
ZIP 47305 is in Delaware County, Indiana.
It covers part of Muncie city, Indiana.
More data for ZCTA5 47305
Browse by State
- Alabama
- Alaska
- Arizona
- Arkansas
- California
- Colorado
- Connecticut
- Delaware
- District of Columbia
- Florida
- Georgia
- Hawaii
- Idaho
- Illinois
- Indiana
- Iowa
- Kansas
- Kentucky
- Louisiana
- Maine
- Maryland
- Massachusetts
- Michigan
- Minnesota
- Mississippi
- Missouri
- Montana
- Nebraska
- Nevada
- New Hampshire
- New Jersey
- New Mexico
- New York
- North Carolina
- North Dakota
- Ohio
- Oklahoma
- Oregon
- Pennsylvania
- Puerto Rico
- Rhode Island
- South Carolina
- South Dakota
- Tennessee
- Texas
- Utah
- Vermont
- Virginia
- Washington
- West Virginia
- Wisconsin
- Wyoming
Frequently asked questions
What is the average rent in ZCTA5 47305, Indiana?
The median gross rent in ZCTA5 47305, Indiana (ZIP 47305) is $754/month, based on Census ACS 5-Year estimates (2024). Gross rent includes contract rent plus utilities. Source: U.S. Census Bureau, American Community Survey 5-Year Estimates, 2024.
What is the average rent for a 2-bedroom in ZCTA5 47305, Indiana?
The median rent for a 2-bedroom in ZCTA5 47305, Indiana is not available based on Census ACS 5-Year estimates (2024). Source: U.S. Census Bureau, American Community Survey 5-Year Estimates, 2024.
What is the median home value in ZCTA5 47305, Indiana?
The median home value in ZCTA5 47305, Indiana (ZIP 47305) is $77,800 according to Census ACS 5-Year estimates (2024).
What percentage of renters in ZCTA5 47305 are rent-burdened?
In ZCTA5 47305, Indiana, 336 households pay 50% or more of their income for rent. A household is considered rent-burdened when it spends more than 30% of income on housing costs.
What is the median household income in ZCTA5 47305, Indiana?
The median household income in ZCTA5 47305, Indiana is $36,389/year according to Census ACS 5-Year estimates (2024).
How reliable is Census ACS data for small areas?
The ACS 5-Year estimates combine 60 months of data for more reliable figures in smaller geographies. Each estimate has a margin of error (MOE). For example, the median rent of $754 has a margin of error of ±$79. In very small areas, MOEs can be large relative to the estimate.
Managing rental properties?
Tenanture helps property managers reply to every inbound lead, qualify applicants against your rules, and handle tenant inquiries automatically.
Get started free