What is the rental vacancy rate in Elwood, IN?

Name: Vacancy rate in Elwood, IN, 2020–2024
Creator: US Census Bureau
License: https://www.census.gov/data/developers/about/terms-of-service.html

The rental vacancy rate in Elwood, IN is 7.3% (±6.6 points) (2020–2024 American Community Survey).

The homeowner vacancy rate is 0.0% (±1.6 points).

481 (±182) homes, 12.3% of all housing units, were vacant, a count that includes seasonal homes and homes being sold or rented.

In Elwood, the rental vacancy rate went from 5.7% in 2015–2019 to 7.3% in 2020–2024 (+1.6 percentage points), not a measurable change.

Figures last updated on November 12, 2026.

Rental vacancy rate: 7.3% (±6.6 points)
Homeowner vacancy rate: 0.0% (±1.6 points)
Vacant homes: 481 (±182)

Vacancy in Elwood against Madison County, its state and the nation

Estimate (90% margin of error)
	Elwood	Madison County	Indiana	United States
Rental vacancy rate	7.3% (±6.6 points)	5.7% (±1.6 points)	5.6% (±0.3 points)	5.5%
Homeowner vacancy rate	0.0% (±1.6 points)	0.8% (±0.4 points)	0.8% (±0.1 points)	0.9%
Vacant housing units	481 (±182)	5,872 (±583)	260,559 (±6,417)	14,547,859

The rental vacancy rate is the share of rental homes that are vacant and for rent; it leaves out homes already rented but not yet moved into, and seasonal homes.

In Elwood, the rental vacancy rate is not measurably different from Madison County (5.7%).

It is not measurably different from Indiana (5.6%).

It is not measurably different from the national figure (5.5%).

Rental vacancy rate in places near Elwood

Nearest places with a published estimate, compared with Elwood
Place	Distance	Rental vacancy rate	Compared with this place
Elwood	—	7.3% (±6.6 points)	—
Pipe Creek Township (Madison County)	2.9 mi	6.5% (±6.0 points)	Not measurably different
Madison Township (Tipton County)	4.0 mi	0.0% (±58.2 points)	Not measurably different
Duck Creek Township	4.3 mi	0.0% (±82.3 points)	Not measurably different
Frankton	5.0 mi	0.0% (±28.4 points)	Not measurably different
Orestes	5.9 mi	0.0% (±49.7 points)	Not measurably different
Wildcat Township	8.2 mi	0.0% (±38.3 points)	Not measurably different
Alexandria	8.6 mi	0.0% (±4.2 points)	Not measurably different
Lafayette Township (Madison County)	8.8 mi	6.6% (±10.7 points)	Not measurably different

None of the nearby places differs measurably from this one on this figure.

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

Rental vacancy rate across Madison County, place by place

Rank	Place	Rental vacancy rate
1 (tie)	Summitville	12.7% (±13.5 points)
1 (tie)	Van Buren Township (Madison County)	12.7% (±13.5 points)
3	Pendleton	9.5% (±10.7 points)
4 (tie)	Elwood	7.3% (±6.6 points)
4 (tie)	Ingalls	7.3% (±9.9 points)
6	Anderson Township (Madison County)	6.8% (±2.0 points)
7 (tie)	Anderson	6.7% (±2.0 points)
7 (tie)	Fall Creek Township (Madison County)	6.7% (±7.7 points)
9	Lafayette Township (Madison County)	6.6% (±10.7 points)
10	Pipe Creek Township (Madison County)	6.5% (±6.0 points)

Showing 10 of 26 places in Madison 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 Elwood

Is it hard to find a rental in Elwood?

The rental vacancy rate in Elwood, IN is 7.3% (±6.6 points); a low rate means few rental homes stand empty and for rent at any time, which usually means more competition for each one.

Is the rental market in Elwood tighter than it was?

In Elwood, the rental vacancy rate went from 5.7% in 2015–2019 to 7.3% in 2020–2024 (+1.6 percentage points), not a measurable change.

How many homes are vacant in Elwood?

An estimated 481 (±182) housing units, 12.3% of the total, including seasonal homes and homes waiting to be sold or rented.

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 Elwood city, Indiana (place:21070, in state:18).

Each estimate (E or PE) has a margin of error beside it (M or PM).

The 2015–2019 figures are DP04_0005E, DP04_0005M from the 2019 release.

The API needs a free key.

Request a Census API key.

DP04_0005E, DP04_0005M, DP04_0004E, DP04_0004M, DP04_0003E, DP04_0003M, DP04_0003PE, DP04_0003PM

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.