What is the median rent in Cambridge City, IN?
The median gross rent in Cambridge City, IN is $788 (±$38) a month, according to the US Census Bureau’s 2020–2024 American Community Survey.
That is across 220 rented homes; gross rent is the contract rent plus the utilities and fuels a renter pays separately.
In Cambridge City, the median gross rent went from $676 in 2015–2019 to $788 in 2020–2024 (+16.6%).
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
- $788 (±$38)
- Rented homes
- 220 (±59)
- $2,000 or more
- 0.0%
- Since 2015–2019
- +16.6%
How much rent costs in Cambridge City
| Monthly gross rent | Cambridge City | Wayne County | Indiana | United States |
|---|---|---|---|---|
| Less than $500 | 5.0% (±4.2 points) | 15.1% | 7.1% | 6.3% |
| $500 to $999 | 66.4% (±14.8 points) | 59.7% | 36.9% | 20.2% |
| $1,000 to $1,499 | 28.6% (±13.7 points) | 20.4% | 38.5% | 28.1% |
| $1,500 to $1,999 | 0.0% (±15.6 points) | 4.0% | 12.0% | 21.1% |
| $2,000 to $2,499 | 0.0% (±15.6 points) | 0.8% | 3.6% | 12.0% |
| $2,500 to $2,999 | 0.0% (±15.6 points) | 0.0% | 1.0% | 5.5% |
| $3,000 or more | 0.0% (±15.6 points) | 0.1% | 0.9% | 6.8% |
The most common range is $500 to $999, paid by 66.4% of renting households.
0.0% of rented homes in Cambridge City cost $2,000 or more a month.
Cambridge City against Wayne County, its state and the nation
| Cambridge City | Wayne County | Indiana | United States | |
|---|---|---|---|---|
| Median gross rent | $788 (±$38) | $815 (±$29) | $1,062 (±$5) | $1,413 |
| Rented homes paying rent | 220 (±59) | 7,772 (±627) | 758,146 (±6,704) | 42,849,984 |
In Cambridge City, median gross rent is not measurably different from Wayne County ($815).
It is also lower than in Indiana ($1,062).
It is lower than the national figure ($1,413).
In Wayne County, Cambridge City ranks 12 of 23 places with a published estimate, from highest to lowest median gross rent.
Statewide, it ranks 898 of 1,204.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How rent in Cambridge City has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median gross rent | $676 (±$26) | $788 (±$38) | +16.6% | No measurable change after inflation |
| Households that rent | 29.9% (±5.7 points) | 30.7% (±6.4 points) | +0.8 percentage points | Not a measurable change |
| Rental vacancy rate | 6.8% (±7.1 points) | 0.0% (±15.1 points) | −6.8 percentage points | Not 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 Cambridge City
| Place | Distance | Median gross rent | Compared with this place |
|---|---|---|---|
| Cambridge City | — | $788 (±$38) | — |
| Jackson Township (Wayne County) | 0.9 mi | $791 (±$52) | Not measurably different |
| Mount Auburn | 0.9 mi | $875 (±$494) | Not measurably different |
| East Germantown | 1.8 mi | $940 (±$264) | Not measurably different |
| Dublin | 1.8 mi | $714 (±$28) | Lower |
| Milton | 1.9 mi | $686 (±$216) | Not measurably different |
| Washington Township (Wayne County) | 3.5 mi | $785 (±$117) | Not measurably different |
| Dudley Township | 5.5 mi | $858 (±$788) | Not measurably different |
| Straughn | 6.4 mi | $1,708 (±$605) | Higher |
Nearby places with a measurably lower figure: Dublin, IN ($714).
Nearby places with a measurably higher figure: Straughn, IN ($1,708).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median gross rent across Wayne County, place by place
| Rank | Place | Median gross rent |
|---|---|---|
| 6 | Mount Auburn | $875 (±$494) |
| 7 | Center Township (Wayne County) | $845 (±$64) |
| 8 | Centerville | $839 (±$39) |
| 9 | Richmond | $822 (±$33) |
| 10 | Wayne Township (Wayne County) | $819 (±$33) |
| 11 | Jackson Township (Wayne County) | $791 (±$52) |
| 12 | Cambridge City | $788 (±$38) |
| 13 | Washington Township (Wayne County) | $785 (±$117) |
| 14 | Boston Township | $744 (±$273) |
| 15 | Perry Township (Wayne County) | $717 (±$431) |
| 16 | Dublin | $714 (±$28) |
| 17 | Economy | $708 (±$169) |
| 18 | Jefferson Township (Wayne County) | $689 (±$96) |
Showing 13 of 23 places in Wayne 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 Cambridge City
What is the average rent in Cambridge City, IN?
The Census Bureau publishes the median rather than the average: the median gross rent in Cambridge City is $788 (±$38) 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 Cambridge City?
In Cambridge City, the median gross rent went from $676 in 2015–2019 to $788 in 2020–2024 (+16.6%).
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 Cambridge City cost more than $2,000 a month?
0.0% of rented homes in Cambridge City have a gross rent of $2,000 or more a month, and 5.0% cost less than $500.
Is rent in Cambridge City higher than in Wayne County?
In Cambridge City, median gross rent is not measurably different from Wayne County ($815).
It is also lower than in 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
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Cambridge City town, Indiana
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Cambridge City town, Indiana
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Cambridge City town, Indiana
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
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 Cambridge City town, Indiana (place:09874, in state:18).
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.
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 .
Related
- Housing in Cambridge City at a glance
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- Rent burden in Cambridge City
- Renters and owners in Cambridge City
- Income and affordability in Cambridge City
- Home values in Cambridge City
- Homeowner costs in Cambridge City
- Property taxes in Cambridge City
- Types of homes in Cambridge City
- Bedrooms in Cambridge City
- Age of homes in Cambridge City
- Heating fuel in Cambridge City
- Commute and cars in Cambridge City
- Population growth in Cambridge City
- How long people stay in Cambridge City
- Indiana landlord and tenant rules
- Housing across Wayne County
- Indiana places ranked by median rent
- Housing data for every place in Indiana