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.
Indiana ranked
| # | County | Monthly saved by renting | Median rent | Monthly 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