Ranked from ACS 2023 5-Year
Lowest Price-to-Rent Ratios in Indiana
Price-to-rent is the median home value divided by a year of median gross rent, so a ratio of 12 means the house costs about twelve years of rent. Low ratios are where buying is cheapest against the local alternative. It is the one comparison on this site that assumes nothing about mortgage rates, down payment or how long you stay, which is why it travels well between counties. Both figures are Census five-year estimates for the same period, and rent here includes the utilities a tenant pays.
Indiana ranked
| # | County | Price-to-rent | Median home | Median rent |
|---|---|---|---|---|
| 1 | Vermillion County | 11.6 yrs | $109,500 | $785 |
| 2 | Randolph County | 11.9 yrs | $106,000 | $741 |
| 3 | Jay County | 12.0 yrs | $110,100 | $766 |
| 4 | Grant County | 12.1 yrs | $116,000 | $799 |
| 5 | Delaware County | 12.2 yrs | $127,600 | $874 |
| 6 | Fayette County | 12.3 yrs | $114,800 | $779 |
| 7 | Miami County | 12.4 yrs | $118,000 | $794 |
| 8 | Sullivan County | 12.5 yrs | $122,200 | $813 |
| 9 | Blackford County | 12.7 yrs | $96,700 | $635 |
| 10 | Cass County | 12.7 yrs | $118,700 | $778 |
| 11 | Clay County | 12.8 yrs | $128,900 | $837 |
| 12 | Wayne County | 12.9 yrs | $126,100 | $813 |
| 13 | Knox County | 13.2 yrs | $123,500 | $782 |
| 14 | Fountain County | 13.3 yrs | $133,200 | $837 |
| 15 | Madison County | 13.3 yrs | $147,700 | $926 |
| 16 | Vigo County | 13.3 yrs | $140,400 | $879 |
| 17 | Benton County | 13.5 yrs | $135,400 | $834 |
| 18 | Greene County | 13.7 yrs | $129,900 | $788 |
| 19 | Howard County | 13.8 yrs | $151,500 | $915 |
| 20 | Fulton County | 14.0 yrs | $144,700 | $861 |
| 21 | Huntington County | 14.1 yrs | $146,400 | $866 |
| 22 | Jennings County | 14.2 yrs | $154,600 | $906 |
| 23 | Orange County | 14.3 yrs | $143,900 | $838 |
| 24 | Newton County | 14.3 yrs | $159,300 | $927 |
| 25 | Clinton County | 14.3 yrs | $157,300 | $915 |
| 26 | Henry County | 14.5 yrs | $140,200 | $807 |
| 27 | St. Joseph County | 14.5 yrs | $179,800 | $1,030 |
| 28 | Owen County | 14.8 yrs | $162,400 | $912 |
| 29 | Vanderburgh County | 14.9 yrs | $172,300 | $964 |
| 30 | Crawford County | 15.3 yrs | $115,400 | $629 |
| 31 | Scott County | 15.3 yrs | $145,400 | $790 |
| 32 | Jackson County | 15.4 yrs | $174,500 | $946 |
| 33 | Gibson County | 15.5 yrs | $170,500 | $914 |
| 34 | Marion County | 15.6 yrs | $207,000 | $1,107 |
| 35 | Rush County | 15.6 yrs | $155,900 | $831 |
| 36 | Pulaski County | 15.7 yrs | $134,600 | $715 |
| 37 | Pike County | 15.8 yrs | $128,400 | $676 |
| 38 | Elkhart County | 15.8 yrs | $194,400 | $1,023 |
| 39 | Parke County | 15.9 yrs | $139,300 | $731 |
| 40 | Wabash County | 15.9 yrs | $143,600 | $752 |
| 41 | White County | 15.9 yrs | $163,000 | $853 |
| 42 | Carroll County | 16.0 yrs | $167,700 | $874 |
| 43 | Tipton County | 16.2 yrs | $166,000 | $854 |
| 44 | LaPorte County | 16.3 yrs | $180,700 | $926 |
| 45 | Lake County | 16.4 yrs | $214,700 | $1,094 |
| 46 | Warren County | 16.4 yrs | $160,000 | $815 |
| 47 | Shelby County | 16.4 yrs | $188,300 | $956 |
| 48 | Marshall County | 16.4 yrs | $184,500 | $936 |
| 49 | Allen County | 16.6 yrs | $194,300 | $976 |
| 50 | Bartholomew County | 16.6 yrs | $221,100 | $1,110 |
| 51 | Tippecanoe County | 16.7 yrs | $217,600 | $1,088 |
| 52 | Clark County | 16.7 yrs | $212,400 | $1,058 |
| 53 | Montgomery County | 16.8 yrs | $166,300 | $827 |
| 54 | Kosciusko County | 16.8 yrs | $200,300 | $995 |
| 55 | Union County | 17.1 yrs | $162,200 | $792 |
| 56 | Lawrence County | 17.1 yrs | $164,500 | $800 |
| 57 | Hendricks County | 17.2 yrs | $281,500 | $1,364 |
| 58 | Jefferson County | 17.4 yrs | $180,600 | $865 |
| 59 | Washington County | 17.8 yrs | $162,400 | $760 |
| 60 | DeKalb County | 17.9 yrs | $177,900 | $828 |
| 61 | Wells County | 17.9 yrs | $180,000 | $837 |
| 62 | Starke County | 17.9 yrs | $148,400 | $690 |
| 63 | Johnson County | 18.0 yrs | $260,400 | $1,208 |
| 64 | Perry County | 18.0 yrs | $146,000 | $676 |
| 65 | Adams County | 18.1 yrs | $173,100 | $799 |
| 66 | Jasper County | 18.4 yrs | $204,400 | $926 |
| 67 | Steuben County | 18.5 yrs | $204,300 | $921 |
| 68 | Morgan County | 18.6 yrs | $220,100 | $988 |
| 69 | Daviess County | 18.7 yrs | $187,500 | $837 |
| 70 | Warrick County | 18.9 yrs | $228,900 | $1,008 |
| 71 | Ohio County | 18.9 yrs | $193,500 | $852 |
| 72 | Monroe County | 18.9 yrs | $261,700 | $1,151 |
| 73 | Porter County | 19.0 yrs | $261,900 | $1,146 |
| 74 | Decatur County | 19.1 yrs | $189,900 | $828 |
| 75 | Hancock County | 19.2 yrs | $258,100 | $1,121 |
| 76 | Putnam County | 19.4 yrs | $205,800 | $883 |
| 77 | Martin County | 19.5 yrs | $150,400 | $643 |
| 78 | Noble County | 19.7 yrs | $183,400 | $776 |
| 79 | Whitley County | 19.7 yrs | $205,200 | $867 |
| 80 | Floyd County | 19.8 yrs | $235,100 | $990 |
| 81 | Brown County | 21.1 yrs | $242,500 | $960 |
| 82 | Switzerland County | 21.2 yrs | $183,200 | $720 |
| 83 | Harrison County | 21.2 yrs | $219,200 | $861 |
| 84 | Ripley County | 21.4 yrs | $205,300 | $799 |
| 85 | Hamilton County | 21.5 yrs | $379,100 | $1,468 |
| 86 | Spencer County | 21.5 yrs | $180,200 | $697 |
| 87 | Dubois County | 22.1 yrs | $212,500 | $801 |
| 88 | Boone County | 22.2 yrs | $341,800 | $1,283 |
| 89 | Dearborn County | 22.3 yrs | $227,100 | $848 |
| 90 | Posey County | 24.4 yrs | $218,000 | $744 |
| 91 | Franklin County | 24.6 yrs | $236,700 | $803 |
| 92 | LaGrange County | 25.5 yrs | $249,500 | $816 |
Every figure is modelled on the county's own median home with 20% down at 7.03%. Property tax and electricity are county and state specific; homeowners insurance uses the NAIC average premium for that state, which ranges from 0.16% of home value in Hawaii to 1.16% in Oklahoma. Maintenance and water are national estimates. Full methodology.
Nationwide
Lowest Price-to-Rent Ratios across all 3,133 US counties · Every county in Indiana