What is the median rent in Cloverdale, IN?

The median gross rent in Cloverdale, IN is $743 (±$104) a month, according to the US Census Bureau’s 2020–2024 American Community Survey.

That is across 417 rented homes; gross rent is the contract rent plus the utilities and fuels a renter pays separately.

In Cloverdale, the median gross rent went from $695 in 2015–2019 to $743 in 2020–2024 (+6.9%).

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
$743 (±$104)
Rented homes
417 (±134)
$2,000 or more
0.0%
Since 2015–2019
+6.9%

How much rent costs in Cloverdale

Share of rented homes in each gross-rent range, 2020–2024
Monthly gross rentCloverdalePutnam CountyIndianaUnited States
Less than $50014.9% (±15.9 points)8.8%7.1%6.3%
$500 to $99967.1% (±19.6 points)58.9%36.9%20.2%
$1,000 to $1,49918.0% (±14.7 points)28.6%38.5%28.1%
$1,500 to $1,9990.0% (±8.6 points)2.7%12.0%21.1%
$2,000 to $2,4990.0% (±8.6 points)0.4%3.6%12.0%
$2,500 to $2,9990.0% (±8.6 points)0.0%1.0%5.5%
$3,000 or more0.0% (±8.6 points)0.6%0.9%6.8%

The most common range is $500 to $999, paid by 67.1% of renting households.

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

Cloverdale against Putnam County, its state and the nation

Estimate (90% margin of error)
CloverdalePutnam CountyIndianaUnited States
Median gross rent$743 (±$104)$884 (±$41)$1,062 (±$5)$1,413
Rented homes paying rent417 (±134)3,255 (±412)758,146 (±6,704)42,849,984

In Cloverdale, median gross rent is lower than in Putnam County ($884).

It is also lower than in Indiana ($1,062).

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

In Putnam County, Cloverdale ranks 12 of 14 places with a published estimate, from highest to lowest median gross rent.

Statewide, it ranks 986 of 1,204.

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

How rent in Cloverdale has changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Median gross rent$695 (±$61)$743 (±$104)+6.9%No measurable change after inflation
Households that rent43.6% (±8.5 points)38.9% (±9.7 points)−4.7 percentage pointsNot a measurable change
Rental vacancy rate9.8% (±9.1 points)0.0% (±8.6 points)−9.8 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 Cloverdale

Nearest places with a published estimate, compared with Cloverdale
PlaceDistanceMedian gross rentCompared with this place
Cloverdale—$743 (±$104)—
Cloverdale Township2.0 mi$751 (±$104)Not measurably different
Jefferson Township (Putnam County)5.4 mi$862 (±$27)Higher
Jackson Township (Owen County)7.9 mi$954 (±$35)Higher
Washington Township (Putnam County)8.0 mi$576 (±$14)Lower
Greencastle8.7 mi$908 (±$60)Higher
Marion Township (Putnam County)8.9 mi$1,217 (±$133)Higher
Greencastle Township9.1 mi$911 (±$61)Higher
Harrison Township (Owen County)9.5 mi$525 (±$445)Not measurably different

Nearby places with a measurably lower figure: Washington Township (Putnam County), IN ($576).

Nearby places with a measurably higher figure: Jefferson Township (Putnam County), IN ($862), Jackson Township (Owen County), IN ($954), Greencastle, IN ($908).

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

Median gross rent across Putnam County, place by place

RankPlaceMedian gross rent
6Monroe Township (Putnam County)$961 (±$40)
7Greencastle Township$911 (±$61)
8Greencastle$908 (±$60)
9Jefferson Township (Putnam County)$862 (±$27)
10Clinton Township (Putnam County)$825 (±$378)
11Cloverdale Township$751 (±$104)
12Cloverdale$743 (±$104)
13Washington Township (Putnam County)$576 (±$14)
14Jackson Township (Putnam County)$229 (±$82)

Showing 9 of 14 places in Putnam 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 Cloverdale

What is the average rent in Cloverdale, IN?

The Census Bureau publishes the median rather than the average: the median gross rent in Cloverdale is $743 (±$104) 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 Cloverdale?

In Cloverdale, the median gross rent went from $695 in 2015–2019 to $743 in 2020–2024 (+6.9%).

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 Cloverdale cost more than $2,000 a month?

0.0% of rented homes in Cloverdale have a gross rent of $2,000 or more a month, and 14.9% cost less than $500.

Is rent in Cloverdale higher than in Putnam County?

In Cloverdale, median gross rent is lower than in Putnam County ($884).

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

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 Cloverdale town, Indiana (place:13852, 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.

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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