Latest available · Census ACS 5-Year (2024)
What Is the Average Rent in Henry County, Indiana?
County · Census ACS 5-Year estimates
The median gross rent in Henry County, Indiana is $820/month (±$29), based on Census ACS 5-Year estimates (2024). The median home value is $154,400 (±$7,343), and the median household income is $63,150/year. Source: U.S. Census Bureau, American Community Survey, 2024 5-Year Estimates.
Average Rent in Henry County, Indiana and Neighbouring Counties
Housing Metrics for Henry County, Indiana
| Metric | Value |
|---|---|
| Median Gross Rent | $820 |
| Median Home Value | $154,400 |
| Median Household Income | $63,150 |
| Total Housing Units | 18,642 |
| Renter-Occupied Units | 4,439 |
| Renter-Occupied Share | 24% |
| Households Paying 50%+ Income | 793 households |
Median Rent by Bedroom Count
| Bedroom | Median Rent | YoY |
|---|---|---|
| Studio | $750 | n/a |
| 1 BR | $608 | +30.5% |
| 2 BR | $859 | +2.9% |
| 3 BR | $904 | +14.7% |
| 4 BR | $970 | -14.1% |
| 5+ BR | $531 | n/a |
How does Henry County, Indiana compare?
Median gross rent ranked against all counties in Indiana.
Higher rent than 27% of counties in Indiana · 68th of 92
| # | County | Value |
|---|---|---|
| 1 | Hamilton County | $1,574 |
| 2 | Hendricks County | $1,436 |
| 3 | Boone County | $1,359 |
| … 64 more … | ||
| 68 | Henry County(you are here) | $820 |
| … 21 more … | ||
| 90 | Martin County | $697 |
| 91 | Crawford County | $686 |
| 92 | Perry County | $682 |
More data for Henry County, Indiana
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Frequently asked questions
What is the average rent in Henry County, Indiana?
The median gross rent in Henry County, Indiana is $820/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 Henry County, Indiana?
The median rent for a 2-bedroom in Henry County, Indiana is $859/month based on Census ACS 5-Year estimates (2024). Margin of error: ±$30. Source: U.S. Census Bureau, American Community Survey 5-Year Estimates, 2024.
What is the median home value in Henry County, Indiana?
The median home value in Henry County, Indiana is $154,400 according to Census ACS 5-Year estimates (2024).
What percentage of renters in Henry County are rent-burdened?
In Henry County, Indiana, 793 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 Henry County, Indiana?
The median household income in Henry County, Indiana is $63,150/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 $820 has a margin of error of ±$29. In very small areas, MOEs can be large relative to the estimate.
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