What is the median rent in Fairmount Township, IN?

The median gross rent in Fairmount Township, IN is $1,027 (±$233) a month, according to the US Census Bureau’s 2020–2024 American Community Survey.

That is across 251 rented homes; gross rent is the contract rent plus the utilities and fuels a renter pays separately.

In Fairmount Township, the median gross rent went from $561 in 2015–2019 to $1,027 in 2020–2024 (+83.1%).

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
$1,027 (±$233)
Rented homes
251 (±119)
$2,000 or more
0.0%
Since 2015–2019
+83.1%

How much rent costs in Fairmount Township

Share of rented homes in each gross-rent range, 2020–2024
Monthly gross rentFairmount TownshipGrant CountyIndianaUnited States
Less than $50014.7% (±13.6 points)12.5%7.1%6.3%
$500 to $99929.9% (±20.4 points)53.3%36.9%20.2%
$1,000 to $1,49951.8% (±25.3 points)26.0%38.5%28.1%
$1,500 to $1,9993.6% (±6.5 points)4.1%12.0%21.1%
$2,000 to $2,4990.0% (±13.8 points)0.7%3.6%12.0%
$2,500 to $2,9990.0% (±13.8 points)2.9%1.0%5.5%
$3,000 or more0.0% (±13.8 points)0.5%0.9%6.8%

The most common range is $1,000 to $1,499, paid by 51.8% of renting households.

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

Fairmount Township against Grant County, its state and the nation

Estimate (90% margin of error)
Fairmount TownshipGrant CountyIndianaUnited States
Median gross rent$1,027 (±$233)$853 (±$44)$1,062 (±$5)$1,413
Rented homes paying rent251 (±119)6,704 (±507)758,146 (±6,704)42,849,984

In Fairmount Township, median gross rent is not measurably different from Grant County ($853).

It is not measurably different from Indiana ($1,062).

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

In Grant County, Fairmount Township ranks 3 of 21 places with a published estimate, from highest to lowest median gross rent.

Statewide, it ranks 315 of 1,204.

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

How rent in Fairmount Township has changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Median gross rent$561 (±$132)$1,027 (±$233)+83.1%Up after inflation
Households that rent23.1% (±5.8 points)19.4% (±7.6 points)−3.7 percentage pointsNot a measurable change
Rental vacancy rate3.4% (±4.2 points)12.0% (±17.3 points)+8.6 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 Fairmount Township

Nearest places with a published estimate, compared with Fairmount Township
PlaceDistanceMedian gross rentCompared with this place
Fairmount Township—$1,027 (±$233)—
Fairmount1.8 mi$1,026 (±$209)Not measurably different
Fowlerton2.3 mi$814 (±$137)Not measurably different
Jonesboro4.2 mi$975 (±$205)Not measurably different
Mill Township4.4 mi$872 (±$148)Not measurably different
Gas City4.9 mi$901 (±$194)Not measurably different
Van Buren Township (Madison County)5.3 mi$760 (±$73)Lower
Jefferson Township (Grant County)6.0 mi$905 (±$172)Not measurably different
Summitville6.0 mi$760 (±$73)Lower

Nearby places with a measurably lower figure: Van Buren Township (Madison County), IN ($760), Summitville, IN ($760).

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

Median gross rent across Grant County, place by place

RankPlaceMedian gross rent
1Pleasant Township (Grant County)$1,235 (±$249)
2Sweetser$1,063 (±$299)
3Fairmount Township$1,027 (±$233)
4Fairmount$1,026 (±$209)
5Upland$982 (±$125)
6Jonesboro$975 (±$205)
7 (tie)Swayzee$925 (±$415)
7 (tie)Sims Township$925 (±$415)
9Jefferson Township (Grant County)$905 (±$172)

Showing 9 of 21 places in Grant 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 Fairmount Township

What is the average rent in Fairmount Township, IN?

The Census Bureau publishes the median rather than the average: the median gross rent in Fairmount Township is $1,027 (±$233) 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 Fairmount Township?

In Fairmount Township, the median gross rent went from $561 in 2015–2019 to $1,027 in 2020–2024 (+83.1%).

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 Fairmount Township cost more than $2,000 a month?

0.0% of rented homes in Fairmount Township have a gross rent of $2,000 or more a month, and 14.7% cost less than $500.

Is rent in Fairmount Township higher than in Grant County?

In Fairmount Township, median gross rent is not measurably different from Grant County ($853).

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

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 Fairmount township, Grant County, Indiana (county subdivision:22441, in state:18 county:053).

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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