Latest available · Census ACS 5-Year (2024)
What Is the Average Rent in Hamilton County, Indiana?
County · Census ACS 5-Year estimates
The median gross rent in Hamilton County, Indiana is $1,574/month (±$42), based on Census ACS 5-Year estimates (2024). The median home value is $405,500 (±$5,201), and the median household income is $121,530/year. Source: U.S. Census Bureau, American Community Survey, 2024 5-Year Estimates.
Average Rent in Hamilton County, Indiana and Neighbouring Counties
Housing Metrics for Hamilton County, Indiana
| Metric | Value |
|---|---|
| Median Gross Rent | $1,574 |
| Median Home Value | $405,500 |
| Median Household Income | $121,530 |
| Total Housing Units | 137,252 |
| Renter-Occupied Units | 32,836 |
| Renter-Occupied Share | 24% |
| Households Paying 50%+ Income | 5,729 households |
Median Rent by Bedroom Count
| Bedroom | Median Rent | YoY |
|---|---|---|
| Studio | $1,264 | n/a |
| 1 BR | $1,354 | n/a |
| 2 BR | $1,608 | +110.7% |
| 3 BR | $1,803 | +151.5% |
| 4 BR | $2,311 | n/a |
| 5+ BR | $2,767 | n/a |
How does Hamilton County, Indiana compare?
Median gross rent ranked against all counties in Indiana.
Higher rent than 100% of counties in Indiana · 1st of 92
| # | County | Value |
|---|---|---|
| 1 | Hamilton County(you are here) | $1,574 |
| 2 | Hendricks County | $1,436 |
| 3 | Boone County | $1,359 |
| … 86 more … | ||
| 90 | Martin County | $697 |
| 91 | Crawford County | $686 |
| 92 | Perry County | $682 |
More data for Hamilton County, Indiana
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Frequently asked questions
What is the average rent in Hamilton County, Indiana?
The median gross rent in Hamilton County, Indiana is $1,574/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 Hamilton County, Indiana?
The median rent for a 2-bedroom in Hamilton County, Indiana is $1,608/month based on Census ACS 5-Year estimates (2024). Margin of error: ±$38. Source: U.S. Census Bureau, American Community Survey 5-Year Estimates, 2024.
What is the median home value in Hamilton County, Indiana?
The median home value in Hamilton County, Indiana is $405,500 according to Census ACS 5-Year estimates (2024).
What percentage of renters in Hamilton County are rent-burdened?
In Hamilton County, Indiana, 5,729 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 Hamilton County, Indiana?
The median household income in Hamilton County, Indiana is $121,530/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 $1,574 has a margin of error of ±$42. In very small areas, MOEs can be large relative to the estimate.
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