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Latest available · Census ACS 5-Year (2024)

What Is the Average Rent in Hendricks County, Indiana?

$1,436/month 5.3%vs 2023 ($1,364)

County · Census ACS 5-Year estimates

The median gross rent in Hendricks County, Indiana is $1,436/month (±$48), based on Census ACS 5-Year estimates (2024). The median home value is $307,600 (±$6,334), and the median household income is $101,144/year. Source: U.S. Census Bureau, American Community Survey, 2024 5-Year Estimates.

Average Rent in Hendricks County, Indiana and Neighbouring Counties

Hendricks County: $1,436Boone: $1,359Marion: $1,153Montgomery: $858Morgan: $1,042Putnam: $884$1,436$1,359$1,153$858$1,042$884

Housing Metrics for Hendricks County, Indiana

MetricValue
Median Gross Rent$1,436
Median Home Value$307,600
Median Household Income$101,144
Total Housing Units67,110
Renter-Occupied Units14,608
Renter-Occupied Share22%
Households Paying 50%+ Income2,900 households

Median Rent by Bedroom Count

BedroomMedian RentYoY
Studio$1,033+0.0%
1 BR$1,218+0.0%
2 BR$1,409+0.0%
3 BR$1,692+0.0%
4 BR$1,929+0.0%

How does Hendricks County, Indiana compare?

Median gross rent ranked against all counties in Indiana.

Higher rent than 99% of counties in Indiana · 2nd of 92

Cheapest: Martin County($697)
Priciest: Hamilton County($1,574)
#CountyValue
1Hamilton County$1,574
2Hendricks County(you are here)$1,436
3Boone County$1,359
… 86 more …
90Martin County$697
91Crawford County$686
92Perry County$682

Frequently asked questions

What is the average rent in Hendricks County, Indiana?

The median gross rent in Hendricks County, Indiana is $1,436/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 Hendricks County, Indiana?

The median rent for a 2-bedroom in Hendricks County, Indiana is $1,409/month based on Census ACS 5-Year estimates (2024). Margin of error: ±$66. Source: U.S. Census Bureau, American Community Survey 5-Year Estimates, 2024.

What is the median home value in Hendricks County, Indiana?

The median home value in Hendricks County, Indiana is $307,600 according to Census ACS 5-Year estimates (2024).

What percentage of renters in Hendricks County are rent-burdened?

In Hendricks County, Indiana, 2,900 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 Hendricks County, Indiana?

The median household income in Hendricks County, Indiana is $101,144/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 $1,436 has a margin of error of ±$48. In very small areas, MOEs can be large relative to the estimate.

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This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau. Data from the American Community Survey (ACS) 5-Year Estimates, public domain.