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Latest available · Census ACS 5-Year (2024)

What Is the Average Rent in Putnam County, Indiana?

$884/month 0.1%vs 2023 ($883)

County · Census ACS 5-Year estimates

The median gross rent in Putnam County, Indiana is $884/month (±$41), based on Census ACS 5-Year estimates (2024). The median home value is $218,900 (±$9,627), and the median household income is $78,378/year. Source: U.S. Census Bureau, American Community Survey, 2024 5-Year Estimates.

Average Rent in Putnam County, Indiana and Neighbouring Counties

Hendricks: $1,436Parke: $704Owen: $911Montgomery: $858Morgan: $1,042Putnam County: $884Clay: $873$1,436$704$911$858$1,042$884$873

Housing Metrics for Putnam County, Indiana

MetricValue
Median Gross Rent$884
Median Home Value$218,900
Median Household Income$78,378
Total Housing Units14,142
Renter-Occupied Units3,479
Renter-Occupied Share25%
Households Paying 50%+ Income282 households

Median Rent by Bedroom Count

BedroomMedian RentYoY
1 BR$738-15.5%
2 BR$871-13.9%
3 BR$1,200+10.9%
4 BR$1,089n/a

How does Putnam County, Indiana compare?

Median gross rent ranked against all counties in Indiana.

Higher rent than 55% of counties in Indiana · 42th of 92

Cheapest: Martin County($697)
Priciest: Hamilton County($1,574)
#CountyValue
1Hamilton County$1,574
2Hendricks County$1,436
3Boone County$1,359
… 38 more …
42Putnam County(you are here)$884
… 47 more …
90Martin County$697
91Crawford County$686
92Perry County$682

Frequently asked questions

What is the average rent in Putnam County, Indiana?

The median gross rent in Putnam County, Indiana is $884/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 Putnam County, Indiana?

The median rent for a 2-bedroom in Putnam County, Indiana is $871/month based on Census ACS 5-Year estimates (2024). Margin of error: ±$36. Source: U.S. Census Bureau, American Community Survey 5-Year Estimates, 2024.

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

The median home value in Putnam County, Indiana is $218,900 according to Census ACS 5-Year estimates (2024).

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

In Putnam County, Indiana, 282 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 Putnam County, Indiana?

The median household income in Putnam County, Indiana is $78,378/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 $884 has a margin of error of ±$41. 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.