What is the median rent in Farmland, IN?
The median gross rent in Farmland, IN is $832 (±$132) a month, according to the US Census Bureau’s 2020–2024 American Community Survey.
That is across 245 rented homes; gross rent is the contract rent plus the utilities and fuels a renter pays separately.
In Farmland, the median gross rent went from $665 in 2015–2019 to $832 in 2020–2024 (+25.1%).
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
- $832 (±$132)
- Rented homes
- 245 (±87)
- $2,000 or more
- 0.0%
- Since 2015–2019
- +25.1%
How much rent costs in Farmland
| Monthly gross rent | Farmland | Randolph County | Indiana | United States |
|---|---|---|---|---|
| Less than $500 | 6.9% (±6.1 points) | 16.8% | 7.1% | 6.3% |
| $500 to $999 | 62.4% (±22.2 points) | 58.7% | 36.9% | 20.2% |
| $1,000 to $1,499 | 29.8% (±23.5 points) | 18.6% | 38.5% | 28.1% |
| $1,500 to $1,999 | 0.8% (±1.6 points) | 4.6% | 12.0% | 21.1% |
| $2,000 to $2,499 | 0.0% (±14.2 points) | 0.0% | 3.6% | 12.0% |
| $2,500 to $2,999 | 0.0% (±14.2 points) | 1.2% | 1.0% | 5.5% |
| $3,000 or more | 0.0% (±14.2 points) | 0.0% | 0.9% | 6.8% |
The most common range is $500 to $999, paid by 62.4% of renting households.
0.0% of rented homes in Farmland cost $2,000 or more a month.
Farmland against Randolph County, its state and the nation
| Farmland | Randolph County | Indiana | United States | |
|---|---|---|---|---|
| Median gross rent | $832 (±$132) | $723 (±$43) | $1,062 (±$5) | $1,413 |
| Rented homes paying rent | 245 (±87) | 2,130 (±257) | 758,146 (±6,704) | 42,849,984 |
In Farmland, median gross rent is not measurably different from Randolph County ($723).
It is also lower than in Indiana ($1,062).
It is lower than the national figure ($1,413).
In Randolph County, Farmland ranks 3 of 18 places with a published estimate, from highest to lowest median gross rent.
Statewide, it ranks 782 of 1,204.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How rent in Farmland has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median gross rent | $665 (±$34) | $832 (±$132) | +25.1% | No measurable change after inflation |
| Households that rent | 24.9% (±6.0 points) | 44.0% (±10.0 points) | +19.1 percentage points | Measurable increase |
| Rental vacancy rate | 5.4% (±8.5 points) | 0.0% (±13.5 points) | −5.4 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 Farmland
| Place | Distance | Median gross rent | Compared with this place |
|---|---|---|---|
| Farmland | — | $832 (±$132) | — |
| Monroe Township (Randolph County) | 2.3 mi | $818 (±$143) | Not measurably different |
| Parker City | 4.0 mi | $717 (±$391) | Not measurably different |
| Green Township (Randolph County) | 5.9 mi | $1,679 (±$359) | Higher |
| White River Township (Randolph County) | 6.7 mi | $805 (±$108) | Not measurably different |
| Franklin Township (Randolph County) | 7.2 mi | $625 (±$288) | Not measurably different |
| Liberty Township (Delaware County) | 7.7 mi | $863 (±$125) | Not measurably different |
| Selma | 7.7 mi | $910 (±$846) | Not measurably different |
| Winchester | 8.0 mi | $756 (±$144) | Not measurably different |
Nearby places with a measurably higher figure: Green Township (Randolph County), IN ($1,679).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median gross rent across Randolph County, place by place
| Rank | Place | Median gross rent |
|---|---|---|
| 1 | Green Township (Randolph County) | $1,679 (±$359) |
| 2 | Losantville | $888 (±$172) |
| 3 | Farmland | $832 (±$132) |
| 4 | Union Township (Randolph County) | $821 (±$174) |
| 5 | Monroe Township (Randolph County) | $818 (±$143) |
| 6 | White River Township (Randolph County) | $805 (±$108) |
| 7 | Winchester | $756 (±$144) |
| 8 | Saratoga | $755 (±$137) |
| 9 | Modoc | $746 (±$366) |
Showing 9 of 18 places in Randolph 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 Farmland
What is the average rent in Farmland, IN?
The Census Bureau publishes the median rather than the average: the median gross rent in Farmland is $832 (±$132) 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 Farmland?
In Farmland, the median gross rent went from $665 in 2015–2019 to $832 in 2020–2024 (+25.1%).
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 Farmland cost more than $2,000 a month?
0.0% of rented homes in Farmland have a gross rent of $2,000 or more a month, and 6.9% cost less than $500.
Is rent in Farmland higher than in Randolph County?
In Farmland, median gross rent is not measurably different from Randolph County ($723).
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 — Farmland town, Indiana
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Farmland town, Indiana
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Farmland town, 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 Farmland town, Indiana (place:22792, 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.
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
- Housing in Farmland at a glance
- Rent by bedrooms in Farmland
- Rent burden in Farmland
- Renters and owners in Farmland
- Income and affordability in Farmland
- Home values in Farmland
- Homeowner costs in Farmland
- Property taxes in Farmland
- Types of homes in Farmland
- Bedrooms in Farmland
- Age of homes in Farmland
- Heating fuel in Farmland
- Commute and cars in Farmland
- Population growth in Farmland
- How long people stay in Farmland
- Indiana landlord and tenant rules
- Housing across Randolph County
- Indiana places ranked by median rent
- Housing data for every place in Indiana