What is the median rent in Bourbon Township, IN?

The median gross rent in Bourbon Township, IN is $891 (±$176) a month, according to the US Census Bureau’s 2020–2024 American Community Survey.

That is across 212 rented homes; gross rent is the contract rent plus the utilities and fuels a renter pays separately.

In Bourbon Township, the median gross rent went from $575 in 2015–2019 to $891 in 2020–2024 (+55.0%).

Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.

Figures last updated on .

Median gross rent
$891 (±$176)
Rented homes
212 (±68)
$2,000 or more
0.0%
Since 2015–2019
+55.0%

How much rent costs in Bourbon Township

Share of rented homes in each gross-rent range, 2020–2024
Monthly gross rentBourbon TownshipMarshall CountyIndianaUnited States
Less than $5008.5% (±5.6 points)6.2%7.1%6.3%
$500 to $99948.6% (±16.8 points)54.9%36.9%20.2%
$1,000 to $1,49938.7% (±16.7 points)30.7%38.5%28.1%
$1,500 to $1,9994.2% (±7.7 points)6.2%12.0%21.1%
$2,000 to $2,4990.0% (±16.2 points)1.2%3.6%12.0%
$2,500 to $2,9990.0% (±16.2 points)0.0%1.0%5.5%
$3,000 or more0.0% (±16.2 points)0.9%0.9%6.8%

The most common range is $500 to $999, paid by 48.6% of renting households.

0.0% of rented homes in Bourbon Township cost $2,000 or more a month.

Bourbon Township against Marshall County, its state and the nation

Estimate (90% margin of error)
Bourbon TownshipMarshall CountyIndianaUnited States
Median gross rent$891 (±$176)$938 (±$32)$1,062 (±$5)$1,413
Rented homes paying rent212 (±68)3,876 (±437)758,146 (±6,704)42,849,984

In Bourbon Township, median gross rent is not measurably different from Marshall County ($938).

It is not measurably different from Indiana ($1,062).

It is lower than the national figure ($1,413).

In Marshall County, Bourbon Township ranks 10 of 15 places with a published estimate, from highest to lowest median gross rent.

Statewide, it ranks 610 of 1,204.

Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.

How rent in Bourbon Township has changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Median gross rent$575 (±$276)$891 (±$176)+55.0%No measurable change after inflation
Households that rent20.7% (±4.4 points)22.4% (±6.5 points)+1.7 percentage pointsNot a measurable change
Rental vacancy rate7.0% (±7.4 points)7.0% (±7.6 points)0.0 percentage pointsNot a measurable change

The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.

Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.

The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.

Median gross rent in places near Bourbon Township

Nearest places with a published estimate, compared with Bourbon Township
PlaceDistanceMedian gross rentCompared with this place
Bourbon Township—$891 (±$176)—
Bourbon2.0 mi$891 (±$176)Not measurably different
Etna Township5.2 mi$660 (±$88)Lower
Etna Green5.7 mi$660 (±$88)Lower
German Township (Marshall County)6.9 mi$949 (±$67)Not measurably different
Center Township (Marshall County)7.4 mi$954 (±$46)Not measurably different
Tippecanoe Township (Marshall County)7.6 mi$749 (±$218)Not measurably different
Walnut Township (Marshall County)8.3 mi$975 (±$70)Not measurably different
Bremen8.4 mi$933 (±$82)Not measurably different

Nearby places with a measurably lower figure: Etna Township, IN ($660), Etna Green, IN ($660).

Distance is measured in a straight line between the Census Bureau’s internal points for each place.

Median gross rent across Marshall County, place by place

RankPlaceMedian gross rent
4Center Township (Marshall County)$954 (±$46)
5German Township (Marshall County)$949 (±$67)
6Argos$946 (±$57)
7Bremen$933 (±$82)
8Polk Township (Marshall County)$909 (±$231)
9 (tie)Bourbon$891 (±$176)
9 (tie)Bourbon Township$891 (±$176)
11North Township (Marshall County)$868 (±$32)
12Tippecanoe Township (Marshall County)$749 (±$218)
13La Paz$698 (±$590)
14Union Township (Marshall County)$668 (±$41)
15Culver$649 (±$87)

Showing 12 of 15 places in Marshall County, ranked from highest to lowest.

Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.

Margins of error are at the 90% confidence level.

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Questions about Bourbon Township

What is the average rent in Bourbon Township, IN?

The Census Bureau publishes the median rather than the average: the median gross rent in Bourbon Township is $891 (±$176) a month (2020–2024 American Community Survey), so half of renting households pay less and half pay more.

How much has rent gone up in Bourbon Township?

In Bourbon Township, the median gross rent went from $575 in 2015–2019 to $891 in 2020–2024 (+55.0%).

Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.

How many rentals in Bourbon Township cost more than $2,000 a month?

0.0% of rented homes in Bourbon Township have a gross rent of $2,000 or more a month, and 8.5% cost less than $500.

Is rent in Bourbon Township higher than in Marshall County?

In Bourbon Township, median gross rent is not measurably different from Marshall County ($938).

It is not measurably different from Indiana ($1,062).

It is lower than the national figure ($1,413).

Is this the rent for an apartment listed today?

No: these are rents households reported paying across 2020–2024, not asking rents for vacant homes, which usually run higher.

Sources

To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) for Bourbon township, Marshall County, Indiana (county subdivision:06778, in state:18 county:099).

Each estimate (E or PE) has a margin of error beside it (M or PM).

The 2015–2019 figures are B25064_001E, B25064_001M, DP04_0047PE, DP04_0047PM, DP04_0005E, DP04_0005M from the 2019 release.

The API needs a free key.

Request a Census API key.

DP04_0134E, DP04_0134M, DP04_0126E, DP04_0126M, DP04_0127PE, DP04_0127PM, DP04_0128PE, DP04_0128PM, DP04_0129PE, DP04_0129PM, DP04_0130PE, DP04_0130PM, DP04_0131PE, DP04_0131PM, DP04_0132PE, DP04_0132PM, DP04_0133PE, DP04_0133PM

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.

Figures last updated on .

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