What is the median rent in Coolspring Township, IN?
The median gross rent in Coolspring Township, IN is $943 (±$39) a month, according to the US Census Bureau’s 2020–2024 American Community Survey.
That is across 2,338 rented homes; gross rent is the contract rent plus the utilities and fuels a renter pays separately.
In Coolspring Township, the median gross rent went from $711 in 2015–2019 to $943 in 2020–2024 (+32.6%).
Prices (CPI-U) rose 22.7% over the same years, so it rose faster than prices: a measurable increase after inflation.
Figures last updated on .
- Median gross rent
- $943 (±$39)
- Rented homes
- 2,338 (±406)
- $2,000 or more
- 2.2%
- Since 2015–2019
- +32.6%
How much rent costs in Coolspring Township
| Monthly gross rent | Coolspring Township | LaPorte County | Indiana | United States |
|---|---|---|---|---|
| Less than $500 | 5.2% (±5.0 points) | 6.5% | 7.1% | 6.3% |
| $500 to $999 | 56.9% (±9.2 points) | 47.3% | 36.9% | 20.2% |
| $1,000 to $1,499 | 26.2% (±8.9 points) | 35.6% | 38.5% | 28.1% |
| $1,500 to $1,999 | 9.5% (±6.2 points) | 6.9% | 12.0% | 21.1% |
| $2,000 to $2,499 | 0.4% (±0.7 points) | 2.2% | 3.6% | 12.0% |
| $2,500 to $2,999 | 1.8% (±2.4 points) | 0.6% | 1.0% | 5.5% |
| $3,000 or more | 0.0% (±1.6 points) | 0.9% | 0.9% | 6.8% |
The most common range is $500 to $999, paid by 56.9% of renting households.
2.2% of rented homes in Coolspring Township cost $2,000 or more a month.
Coolspring Township against LaPorte County, its state and the nation
| Coolspring Township | LaPorte County | Indiana | United States | |
|---|---|---|---|---|
| Median gross rent | $943 (±$39) | $976 (±$30) | $1,062 (±$5) | $1,413 |
| Rented homes paying rent | 2,338 (±406) | 9,966 (±726) | 758,146 (±6,704) | 42,849,984 |
In Coolspring Township, median gross rent is not measurably different from LaPorte County ($976).
It is also lower than in Indiana ($1,062).
It is lower than the national figure ($1,413).
In LaPorte County, Coolspring Township ranks 15 of 23 places with a published estimate, from highest to lowest median gross rent.
Statewide, it ranks 480 of 1,204.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How rent in Coolspring Township has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median gross rent | $711 (±$39) | $943 (±$39) | +32.6% | Up after inflation |
| Households that rent | 37.2% (±3.2 points) | 36.1% (±4.6 points) | −1.1 percentage points | Not a measurable change |
| Rental vacancy rate | 3.6% (±2.7 points) | 5.9% (±4.7 points) | +2.3 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 Coolspring Township
| Place | Distance | Median gross rent | Compared with this place |
|---|---|---|---|
| Coolspring Township | — | $943 (±$39) | — |
| Trail Creek | 3.7 mi | $947 (±$133) | Not measurably different |
| Michigan City | 4.5 mi | $967 (±$34) | Not measurably different |
| Pine Township (Porter County) | 4.5 mi | $879 (±$229) | Not measurably different |
| Town of Pines | 5.0 mi | $833 (±$373) | Not measurably different |
| Pottawattamie Park | 5.5 mi | $1,042 (±$139) | Not measurably different |
| New Durham Township | 5.9 mi | $1,251 (±$180) | Higher |
| Center Township (LaPorte County) | 6.0 mi | $935 (±$62) | Not measurably different |
| Michigan Township (LaPorte County) | 6.2 mi | $1,023 (±$57) | Higher |
Nearby places with a measurably higher figure: New Durham Township, IN ($1,251), Michigan Township (LaPorte County), IN ($1,023).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median gross rent across LaPorte County, place by place
| Rank | Place | Median gross rent |
|---|---|---|
| 9 | Michiana Shores | $1,000 (±$656) |
| 10 | Dewey Township | $988 (±$486) |
| 11 | Wanatah | $978 (±$762) |
| 12 | Michigan City | $967 (±$34) |
| 13 | La Porte | $948 (±$55) |
| 14 | Trail Creek | $947 (±$133) |
| 15 | Coolspring Township | $943 (±$39) |
| 16 | Center Township (LaPorte County) | $935 (±$62) |
| 17 | La Crosse | $894 (±$453) |
| 18 (tie) | Kingsford Heights | $889 (±$96) |
| 18 (tie) | Union Township (LaPorte County) | $889 (±$96) |
| 20 | Hanna Township | $863 (±$257) |
| 21 | Pleasant Township (LaPorte County) | $833 (±$648) |
Showing 13 of 23 places in LaPorte 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 Coolspring Township
What is the average rent in Coolspring Township, IN?
The Census Bureau publishes the median rather than the average: the median gross rent in Coolspring Township is $943 (±$39) 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 Coolspring Township?
In Coolspring Township, the median gross rent went from $711 in 2015–2019 to $943 in 2020–2024 (+32.6%).
Prices (CPI-U) rose 22.7% over the same years, so it rose faster than prices: a measurable increase after inflation.
How many rentals in Coolspring Township cost more than $2,000 a month?
2.2% of rented homes in Coolspring Township have a gross rent of $2,000 or more a month, and 5.2% cost less than $500.
Is rent in Coolspring Township higher than in LaPorte County?
In Coolspring Township, median gross rent is not measurably different from LaPorte County ($976).
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 — Coolspring township, LaPorte County, Indiana
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Coolspring township, LaPorte County, Indiana
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Coolspring township, LaPorte 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 Coolspring township, LaPorte County, Indiana (county subdivision:15040, in state:18 county:091).
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
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- Renters and owners in Coolspring Township
- Income and affordability in Coolspring Township
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- Homeowner costs in Coolspring Township
- Property taxes in Coolspring Township
- Types of homes in Coolspring Township
- Bedrooms in Coolspring Township
- Age of homes in Coolspring Township
- Vacancy rate in Coolspring Township
- Heating fuel in Coolspring Township
- Commute and cars in Coolspring Township
- Population growth in Coolspring Township
- How long people stay in Coolspring Township
- Crowding and facilities in Coolspring Township
- Indiana landlord and tenant rules
- Housing across LaPorte County
- Indiana places ranked by median rent
- Housing data for every place in Indiana