What is the median rent in Clay Township (Morgan County), IN?
The median gross rent in Clay Township (Morgan County), IN is $1,083 (±$66) a month, according to the US Census Bureau’s 2020–2024 American Community Survey.
That is across 304 rented homes; gross rent is the contract rent plus the utilities and fuels a renter pays separately.
In Clay Township (Morgan County), the median gross rent went from $883 in 2015–2019 to $1,083 in 2020–2024 (+22.7%).
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
- $1,083 (±$66)
- Rented homes
- 304 (±133)
- $2,000 or more
- 0.0%
- Since 2015–2019
- +22.7%
How much rent costs in Clay Township (Morgan County)
| Monthly gross rent | Clay Township (Morgan County) | Morgan County | Indiana | United States |
|---|---|---|---|---|
| Less than $500 | 0.0% (±11.6 points) | 8.1% | 7.1% | 6.3% |
| $500 to $999 | 32.6% (±18.9 points) | 37.7% | 36.9% | 20.2% |
| $1,000 to $1,499 | 67.4% (±18.9 points) | 35.5% | 38.5% | 28.1% |
| $1,500 to $1,999 | 0.0% (±11.6 points) | 7.5% | 12.0% | 21.1% |
| $2,000 to $2,499 | 0.0% (±11.6 points) | 6.1% | 3.6% | 12.0% |
| $2,500 to $2,999 | 0.0% (±11.6 points) | 1.3% | 1.0% | 5.5% |
| $3,000 or more | 0.0% (±11.6 points) | 3.7% | 0.9% | 6.8% |
The most common range is $1,000 to $1,499, paid by 67.4% of renting households.
0.0% of rented homes in Clay Township (Morgan County) cost $2,000 or more a month.
Clay Township (Morgan County) against Morgan County, its state and the nation
| Clay Township (Morgan County) | Morgan County | Indiana | United States | |
|---|---|---|---|---|
| Median gross rent | $1,083 (±$66) | $1,042 (±$60) | $1,062 (±$5) | $1,413 |
| Rented homes paying rent | 304 (±133) | 4,618 (±520) | 758,146 (±6,704) | 42,849,984 |
In Clay Township (Morgan County), median gross rent is not measurably different from Morgan County ($1,042).
It is not measurably different from Indiana ($1,062).
It is lower than the national figure ($1,413).
In Morgan County, Clay Township (Morgan County) ranks 5 of 17 places with a published estimate, from highest to lowest median gross rent.
Statewide, it ranks 258 of 1,204.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How rent in Clay Township (Morgan County) has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median gross rent | $883 (±$77) | $1,083 (±$66) | +22.7% | No measurable change after inflation |
| Households that rent | 15.3% (±5.0 points) | 20.2% (±7.7 points) | +4.9 percentage points | Not a measurable change |
| Rental vacancy rate | 0.0% (±12.0 points) | 0.0% (±10.9 points) | 0.0 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 Township (Morgan County)
| Place | Distance | Median gross rent | Compared with this place |
|---|---|---|---|
| Clay Township (Morgan County) | — | $1,083 (±$66) | — |
| Brooklyn | 2.4 mi | $1,011 (±$239) | Not measurably different |
| Brown Township (Morgan County) | 5.2 mi | $1,104 (±$122) | Not measurably different |
| Mooresville | 5.9 mi | $1,089 (±$125) | Not measurably different |
| Monrovia | 6.0 mi | $1,385 (±$349) | Not measurably different |
| Monroe Township (Morgan County) | 6.0 mi | $1,006 (±$220) | Not measurably different |
| Gregg Township | 6.5 mi | $764 (±$191) | Lower |
| Harrison Township (Morgan County) | 6.8 mi | $1,051 (±$279) | Not measurably different |
| Jefferson Township (Morgan County) | 7.4 mi | $1,010 (±$396) | Not measurably different |
Nearby places with a measurably lower figure: Gregg Township, IN ($764).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median gross rent across Morgan County, place by place
| Rank | Place | Median gross rent |
|---|---|---|
| 1 | Monrovia | $1,385 (±$349) |
| 2 | Ray Township (Morgan County) | $1,153 (±$143) |
| 3 | Brown Township (Morgan County) | $1,104 (±$122) |
| 4 | Mooresville | $1,089 (±$125) |
| 5 | Clay Township (Morgan County) | $1,083 (±$66) |
| 6 | Harrison Township (Morgan County) | $1,051 (±$279) |
| 7 | Paragon | $1,019 (±$131) |
| 8 | Brooklyn | $1,011 (±$239) |
| 9 | Jefferson Township (Morgan County) | $1,010 (±$396) |
| 10 | Monroe Township (Morgan County) | $1,006 (±$220) |
| 11 | Washington Township (Morgan County) | $992 (±$46) |
Showing 11 of 17 places in Morgan 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 Township (Morgan County)
What is the average rent in Clay Township (Morgan County), IN?
The Census Bureau publishes the median rather than the average: the median gross rent in Clay Township (Morgan County) is $1,083 (±$66) 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 Township (Morgan County)?
In Clay Township (Morgan County), the median gross rent went from $883 in 2015–2019 to $1,083 in 2020–2024 (+22.7%).
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 Township (Morgan County) cost more than $2,000 a month?
0.0% of rented homes in Clay Township (Morgan County) have a gross rent of $2,000 or more a month, and 0.0% cost less than $500.
Is rent in Clay Township (Morgan County) higher than in Morgan County?
In Clay Township (Morgan County), median gross rent is not measurably different from Morgan County ($1,042).
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
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Clay township, Morgan County, Indiana
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Clay township, Morgan County, Indiana
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Clay township, Morgan 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 Clay township, Morgan County, Indiana (county subdivision:13168, in state:18 county:109).
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 .
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- How long people stay in Clay Township (Morgan County)
- Fair Market Rent in Clay Township (Morgan County)
- Indiana landlord and tenant rules
- Housing across Morgan County
- Indiana places ranked by median rent
- Housing data for every place in Indiana