Latest available · Census ACS 5-Year (2024)
What Is the Average Rent in Montgomery County, Indiana?
County · Census ACS 5-Year estimates
The median gross rent in Montgomery County, Indiana is $858/month (±$46), based on Census ACS 5-Year estimates (2024). The median home value is $171,800 (±$5,987), and the median household income is $71,479/year. Source: U.S. Census Bureau, American Community Survey, 2024 5-Year Estimates.
Average Rent in Montgomery County, Indiana and Neighbouring Counties
Housing Metrics for Montgomery County, Indiana
| Metric | Value |
|---|---|
| Median Gross Rent | $858 |
| Median Home Value | $171,800 |
| Median Household Income | $71,479 |
| Total Housing Units | 15,602 |
| Renter-Occupied Units | 3,078 |
| Renter-Occupied Share | 20% |
| Households Paying 50%+ Income | 518 households |
Median Rent by Bedroom Count
| Bedroom | Median Rent | YoY |
|---|---|---|
| Studio | $699 | -19.2% |
| 1 BR | $744 | -16.4% |
| 2 BR | $899 | -12.7% |
| 3 BR | $1,092 | -9.3% |
| 4 BR | $996 | -31.2% |
How does Montgomery County, Indiana compare?
Median gross rent ranked against all counties in Indiana.
Higher rent than 48% of counties in Indiana · 49th of 92
| # | County | Value |
|---|---|---|
| 1 | Hamilton County | $1,574 |
| 2 | Hendricks County | $1,436 |
| 3 | Boone County | $1,359 |
| … 45 more … | ||
| 49 | Montgomery County(you are here) | $858 |
| … 40 more … | ||
| 90 | Martin County | $697 |
| 91 | Crawford County | $686 |
| 92 | Perry County | $682 |
More data for Montgomery County, Indiana
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Frequently asked questions
What is the average rent in Montgomery County, Indiana?
The median gross rent in Montgomery County, Indiana is $858/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 Montgomery County, Indiana?
The median rent for a 2-bedroom in Montgomery County, Indiana is $899/month based on Census ACS 5-Year estimates (2024). Margin of error: ±$51. Source: U.S. Census Bureau, American Community Survey 5-Year Estimates, 2024.
What is the median home value in Montgomery County, Indiana?
The median home value in Montgomery County, Indiana is $171,800 according to Census ACS 5-Year estimates (2024).
What percentage of renters in Montgomery County are rent-burdened?
In Montgomery County, Indiana, 518 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 Montgomery County, Indiana?
The median household income in Montgomery County, Indiana is $71,479/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 $858 has a margin of error of ±$46. In very small areas, MOEs can be large relative to the estimate.
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