Cost to Own
United States › Rankings › Indiana Counties ranked 92 Data vintage ACS 2023 5-Year

Ranked from ACS 2023 5-Year

Counties Where Renting Costs Far Less Than Owning in Indiana

The widest gaps between median rent and the full monthly cost of owning the median home. A large gap does not automatically mean renting is the better decision, because rent buys no equity and is not fixed for thirty years, but it does show where the market prices ownership at a steep premium.

Where does yours land? Every county in America is somewhere on this scale, including the one you live in.

Indiana ranked

#County Monthly saved by rentingMedian rentMonthly to own
1 Hamilton County $1,531$1,468$2,999
2 Boone County $1,418$1,283$2,701
3 LaGrange County $1,162$816$1,978
4 Franklin County $1,099$803$1,902
5 Posey County $1,027$744$1,771
6 Dearborn County $1,013$848$1,861
7 Porter County $982$1,146$2,128
8 Brown County $954$960$1,914
9 Monroe County $948$1,151$2,099
10 Hancock County $947$1,121$2,068
11 Dubois County $935$801$1,736
12 Floyd County $918$990$1,908
13 Hendricks County $908$1,364$2,272
14 Harrison County $904$861$1,765
15 Johnson County $885$1,208$2,093
16 Ripley County $873$799$1,672
17 Warrick County $846$1,008$1,854
18 Whitley County $825$867$1,692
19 Spencer County $806$697$1,503
20 Putnam County $775$883$1,658
21 Morgan County $771$988$1,759
22 Switzerland County $770$720$1,490
23 Noble County $757$776$1,533
24 Steuben County $745$921$1,666
25 Decatur County $742$828$1,570
26 Ohio County $742$852$1,594
27 Daviess County $725$837$1,562
28 Jasper County $725$926$1,651
29 Lake County $707$1,094$1,801
30 Bartholomew County $701$1,110$1,811
31 Clark County $693$1,058$1,751
32 Tippecanoe County $680$1,088$1,768
33 Adams County $670$799$1,469
34 DeKalb County $658$828$1,486
35 Allen County $655$976$1,631
36 Wells County $646$837$1,483
37 Kosciusko County $645$995$1,640
38 Jefferson County $645$865$1,510
39 Marion County $638$1,107$1,745
40 Martin County $635$643$1,278
41 Washington County $618$760$1,378
42 Shelby County $616$956$1,572
43 Elkhart County $611$1,023$1,634
44 Marshall County $605$936$1,541
45 LaPorte County $605$926$1,531
46 Perry County $593$676$1,269
47 Union County $592$792$1,384
48 Lawrence County $587$800$1,387
49 Starke County $583$690$1,273
50 Montgomery County $576$827$1,403
51 Tipton County $549$854$1,403
52 Gibson County $534$914$1,448
53 Carroll County $531$874$1,405
54 Warren County $528$815$1,343
55 White County $513$853$1,366
56 Vanderburgh County $510$964$1,474
57 St. Joseph County $505$1,030$1,535
58 Rush County $501$831$1,332
59 Jackson County $493$946$1,439
60 Wabash County $478$752$1,230
61 Pike County $477$676$1,153
62 Owen County $469$912$1,381
63 Scott County $466$790$1,256
64 Parke County $464$731$1,195
65 Newton County $453$927$1,380
66 Pulaski County $446$715$1,161
67 Henry County $424$807$1,231
68 Clinton County $423$915$1,338
69 Crawford County $422$629$1,051
70 Jennings County $408$906$1,314
71 Huntington County $408$866$1,274
72 Orange County $400$838$1,238
73 Howard County $396$915$1,311
74 Fulton County $375$861$1,236
75 Vigo County $371$879$1,250
76 Benton County $363$834$1,197
77 Greene County $362$788$1,150
78 Madison County $361$926$1,287
79 Wayne County $330$813$1,143
80 Fountain County $329$837$1,166
81 Knox County $326$782$1,108
82 Cass County $293$778$1,071
83 Blackford County $287$635$922
84 Clay County $281$837$1,118
85 Sullivan County $281$813$1,094
86 Fayette County $270$779$1,049
87 Delaware County $270$874$1,144
88 Miami County $260$794$1,054
89 Grant County $251$799$1,050
90 Randolph County $251$741$992
91 Jay County $235$766$1,001
92 Vermillion County $222$785$1,007

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

Counties Where Renting Costs Far Less Than Owning across all 3,133 US counties · Every county in Indiana

Other rankings

All 31 rankings