What is the median rent in Clay City, IN?
The median gross rent in Clay City, IN is $756 (±$58) a month, according to the US Census Bureau’s 2020–2024 American Community Survey.
That is across 139 rented homes; gross rent is the contract rent plus the utilities and fuels a renter pays separately.
In Clay City, the median gross rent went from $605 in 2015–2019 to $756 in 2020–2024 (+25.0%).
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
- $756 (±$58)
- Rented homes
- 139 (±50)
- $2,000 or more
- 0.0%
- Since 2015–2019
- +25.0%
How much rent costs in Clay City
| Monthly gross rent | Clay City | Clay County | Indiana | United States |
|---|---|---|---|---|
| Less than $500 | 20.9% (±12.4 points) | 13.2% | 7.1% | 6.3% |
| $500 to $999 | 66.9% (±14.7 points) | 57.9% | 36.9% | 20.2% |
| $1,000 to $1,499 | 5.8% (±5.6 points) | 16.0% | 38.5% | 28.1% |
| $1,500 to $1,999 | 6.5% (±6.7 points) | 7.8% | 12.0% | 21.1% |
| $2,000 to $2,499 | 0.0% (±23.3 points) | 2.1% | 3.6% | 12.0% |
| $2,500 to $2,999 | 0.0% (±23.3 points) | 0.0% | 1.0% | 5.5% |
| $3,000 or more | 0.0% (±23.3 points) | 3.0% | 0.9% | 6.8% |
The most common range is $500 to $999, paid by 66.9% of renting households.
0.0% of rented homes in Clay City cost $2,000 or more a month.
Clay City against Clay County, its state and the nation
| Clay City | Clay County | Indiana | United States | |
|---|---|---|---|---|
| Median gross rent | $756 (±$58) | $873 (±$40) | $1,062 (±$5) | $1,413 |
| Rented homes paying rent | 139 (±50) | 1,655 (±305) | 758,146 (±6,704) | 42,849,984 |
In Clay City, median gross rent is lower than in Clay County ($873).
It is also lower than in Indiana ($1,062).
It is lower than the national figure ($1,413).
In Clay County, Clay City ranks 12 of 14 places with a published estimate, from highest to lowest median gross rent.
Statewide, it ranks 960 of 1,204.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How rent in Clay City has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median gross rent | $605 (±$46) | $756 (±$58) | +25.0% | No measurable change after inflation |
| Households that rent | 51.6% (±9.0 points) | 36.8% (±12.8 points) | −14.8 percentage points | Not a measurable change |
| Rental vacancy rate | 4.1% (±6.2 points) | 17.3% (±19.5 points) | +13.2 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 Clay City
| Place | Distance | Median gross rent | Compared with this place |
|---|---|---|---|
| Clay City | — | $756 (±$58) | — |
| Harrison Township (Clay County) | 0.9 mi | $744 (±$88) | Not measurably different |
| Sugar Ridge Township | 7.1 mi | $860 (±$325) | Not measurably different |
| Jefferson Township (Owen County) | 8.1 mi | $645 (±$169) | Not measurably different |
| Jasonville | 9.2 mi | $807 (±$192) | Not measurably different |
| Washington Township (Clay County) | 9.6 mi | $883 (±$88) | Higher |
| Center Point | 9.8 mi | $708 (±$488) | Not measurably different |
| Jackson Township (Sullivan County) | 11 mi | $871 (±$161) | Not measurably different |
| Wright Township | 11 mi | $811 (±$169) | Not measurably different |
Nearby places with a measurably higher figure: Washington Township (Clay County), IN ($883).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median gross rent across Clay County, place by place
| Rank | Place | Median gross rent |
|---|---|---|
| 6 | Staunton | $894 (±$292) |
| 7 | Washington Township (Clay County) | $883 (±$88) |
| 8 (tie) | Brazil | $869 (±$45) |
| 8 (tie) | Brazil Township | $869 (±$45) |
| 10 | Sugar Ridge Township | $860 (±$325) |
| 11 | Knightsville | $817 (±$245) |
| 12 | Clay City | $756 (±$58) |
| 13 | Harrison Township (Clay County) | $744 (±$88) |
| 14 | Center Point | $708 (±$488) |
Showing 9 of 14 places in Clay 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 Clay City
What is the average rent in Clay City, IN?
The Census Bureau publishes the median rather than the average: the median gross rent in Clay City is $756 (±$58) 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 Clay City?
In Clay City, the median gross rent went from $605 in 2015–2019 to $756 in 2020–2024 (+25.0%).
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 Clay City cost more than $2,000 a month?
0.0% of rented homes in Clay City have a gross rent of $2,000 or more a month, and 20.9% cost less than $500.
Is rent in Clay City higher than in Clay County?
In Clay City, median gross rent is lower than in Clay County ($873).
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 — Clay City town, Indiana
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Clay City town, Indiana
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Clay 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 Clay City town, Indiana (place:13276, 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 Clay City at a glance
- Renters and owners in Clay City
- Income and affordability in Clay City
- Home values in Clay City
- Homeowner costs in Clay City
- Property taxes in Clay City
- Types of homes in Clay City
- Bedrooms in Clay City
- Age of homes in Clay City
- Heating fuel in Clay City
- Commute and cars in Clay City
- Population growth in Clay City
- How long people stay in Clay City
- Indiana landlord and tenant rules
- Housing across Clay County
- Indiana places ranked by median rent
- Housing data for every place in Indiana