What is the median rent in Carter Township, IN?
The median gross rent in Carter Township, IN is $817 (±$223) a month, according to the US Census Bureau’s 2020–2024 American Community Survey.
That is across 239 rented homes; gross rent is the contract rent plus the utilities and fuels a renter pays separately.
In Carter Township, the median gross rent went from $505 in 2015–2019 to $817 in 2020–2024 (+61.8%).
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
- $817 (±$223)
- Rented homes
- 239 (±86)
- $2,000 or more
- 0.0%
- Since 2015–2019
- +61.8%
How much rent costs in Carter Township
| Monthly gross rent | Carter Township | Spencer County | Indiana | United States |
|---|---|---|---|---|
| Less than $500 | 19.2% (±12.7 points) | 21.3% | 7.1% | 6.3% |
| $500 to $999 | 59.8% (±15.5 points) | 52.8% | 36.9% | 20.2% |
| $1,000 to $1,499 | 14.2% (±10.2 points) | 19.8% | 38.5% | 28.1% |
| $1,500 to $1,999 | 6.7% (±8.6 points) | 5.8% | 12.0% | 21.1% |
| $2,000 to $2,499 | 0.0% (±14.5 points) | 0.0% | 3.6% | 12.0% |
| $2,500 to $2,999 | 0.0% (±14.5 points) | 0.0% | 1.0% | 5.5% |
| $3,000 or more | 0.0% (±14.5 points) | 0.3% | 0.9% | 6.8% |
The most common range is $500 to $999, paid by 59.8% of renting households.
0.0% of rented homes in Carter Township cost $2,000 or more a month.
Carter Township against Spencer County, its state and the nation
| Carter Township | Spencer County | Indiana | United States | |
|---|---|---|---|---|
| Median gross rent | $817 (±$223) | $751 (±$136) | $1,062 (±$5) | $1,413 |
| Rented homes paying rent | 239 (±86) | 1,283 (±185) | 758,146 (±6,704) | 42,849,984 |
In Carter Township, median gross rent is not measurably different from Spencer County ($751).
It is also lower than in Indiana ($1,062).
It is lower than the national figure ($1,413).
In Spencer County, Carter Township ranks 7 of 15 places with a published estimate, from highest to lowest median gross rent.
Statewide, it ranks 835 of 1,204.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How rent in Carter Township has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median gross rent | $505 (±$47) | $817 (±$223) | +61.8% | No measurable change after inflation |
| Households that rent | 27.6% (±4.9 points) | 24.7% (±6.9 points) | −2.9 percentage points | Not a measurable change |
| Rental vacancy rate | 10.7% (±9.2 points) | 0.0% (±12.4 points) | −10.7 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 Carter Township
| Place | Distance | Median gross rent | Compared with this place |
|---|---|---|---|
| Carter Township | — | $817 (±$223) | — |
| Dale | 1.5 mi | $848 (±$173) | Not measurably different |
| Santa Claus | 3.8 mi | $1,219 (±$157) | Higher |
| Gentryville | 5.3 mi | $769 (±$157) | Not measurably different |
| Cass Township (Dubois County) | 6.3 mi | $804 (±$576) | Not measurably different |
| Clay Township (Spencer County) | 6.5 mi | $1,219 (±$167) | Higher |
| Harrison Township (Spencer County) | 6.9 mi | $629 (±$145) | Not measurably different |
| Holland | 7.0 mi | $868 (±$241) | Not measurably different |
| Ferdinand | 7.1 mi | $807 (±$123) | Not measurably different |
Nearby places with a measurably higher figure: Santa Claus, IN ($1,219), Clay Township (Spencer County), IN ($1,219).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median gross rent across Spencer County, place by place
| Rank | Place | Median gross rent |
|---|---|---|
| 1 (tie) | Santa Claus | $1,219 (±$157) |
| 1 (tie) | Clay Township (Spencer County) | $1,219 (±$167) |
| 3 | Grandview | $861 (±$215) |
| 4 | Hammond Township | $856 (±$102) |
| 5 | Richland | $850 (±$70) |
| 6 | Dale | $848 (±$173) |
| 7 | Carter Township | $817 (±$223) |
| 8 | Grass Township | $788 (±$471) |
| 9 | Gentryville | $769 (±$157) |
| 10 | Jackson Township (Spencer County) | $717 (±$157) |
| 11 | Ohio Township (Spencer County) | $699 (±$207) |
| 12 | Luce Township | $688 (±$151) |
| 13 | Rockport | $678 (±$252) |
Showing 13 of 15 places in Spencer 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 Carter Township
What is the average rent in Carter Township, IN?
The Census Bureau publishes the median rather than the average: the median gross rent in Carter Township is $817 (±$223) 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 Carter Township?
In Carter Township, the median gross rent went from $505 in 2015–2019 to $817 in 2020–2024 (+61.8%).
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 Carter Township cost more than $2,000 a month?
0.0% of rented homes in Carter Township have a gross rent of $2,000 or more a month, and 19.2% cost less than $500.
Is rent in Carter Township higher than in Spencer County?
In Carter Township, median gross rent is not measurably different from Spencer County ($751).
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 — Carter township, Spencer County, Indiana
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Carter township, Spencer County, Indiana
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Carter township, Spencer County, 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 Carter township, Spencer County, Indiana (county subdivision:10576, in state:18 county:147).
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 Carter Township at a glance
- Rent by bedrooms in Carter Township
- Rent burden in Carter Township
- Renters and owners in Carter Township
- Income and affordability in Carter Township
- Home values in Carter Township
- Homeowner costs in Carter Township
- Property taxes in Carter Township
- Types of homes in Carter Township
- Bedrooms in Carter Township
- Age of homes in Carter Township
- Heating fuel in Carter Township
- Commute and cars in Carter Township
- Population growth in Carter Township
- How long people stay in Carter Township
- Indiana landlord and tenant rules
- Housing across Spencer County
- Indiana places ranked by median rent
- Housing data for every place in Indiana