What is the median rent in Franklin Township (Grant County), IN?

Name: Median rent in Franklin Township (Grant County), IN, 2020–2024
Creator: US Census Bureau
License: https://www.census.gov/data/developers/about/terms-of-service.html

The median gross rent in Franklin Township (Grant County), IN is $765 (±$21) a month, according to the US Census Bureau’s 2020–2024 American Community Survey.

That is across 908 rented homes; gross rent is the contract rent plus the utilities and fuels a renter pays separately.

In Franklin Township (Grant County), the median gross rent went from $711 in 2015–2019 to $765 in 2020–2024 (+7.6%).

Prices (CPI-U) rose 22.7% over the same years, so it rose more slowly than prices: a measurable decrease after inflation.

Figures last updated on November 12, 2026.

Median gross rent: $765 (±$21)
Rented homes: 908 (±181)
$2,000 or more: 0.0%
Since 2015–2019: +7.6%

How much rent costs in Franklin Township (Grant County)

Share of rented homes in each gross-rent range, 2020–2024
Monthly gross rent	Franklin Township (Grant County)	Grant County	Indiana	United States
Less than $500	14.0% (±8.4 points)	12.5%	7.1%	6.3%
$500 to $999	74.1% (±9.3 points)	53.3%	36.9%	20.2%
$1,000 to $1,499	11.9% (±5.0 points)	26.0%	38.5%	28.1%
$1,500 to $1,999	0.0% (±4.0 points)	4.1%	12.0%	21.1%
$2,000 to $2,499	0.0% (±4.0 points)	0.7%	3.6%	12.0%
$2,500 to $2,999	0.0% (±4.0 points)	2.9%	1.0%	5.5%
$3,000 or more	0.0% (±4.0 points)	0.5%	0.9%	6.8%

The most common range is $500 to $999, paid by 74.1% of renting households.

0.0% of rented homes in Franklin Township (Grant County) cost $2,000 or more a month.

Franklin Township (Grant County) against Grant County, its state and the nation

Estimate (90% margin of error)
	Franklin Township (Grant County)	Grant County	Indiana	United States
Median gross rent	$765 (±$21)	$853 (±$44)	$1,062 (±$5)	$1,413
Rented homes paying rent	908 (±181)	6,704 (±507)	758,146 (±6,704)	42,849,984

In Franklin Township (Grant County), median gross rent is lower than in Grant County ($853).

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

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

In Grant County, Franklin Township (Grant County) ranks 20 of 21 places with a published estimate, from highest to lowest median gross rent.

Statewide, it ranks 947 of 1,204.

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

How rent in Franklin Township (Grant County) has changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
	2015–2019	2020–2024	Amount of change	Verdict
Median gross rent	$711 (±$48)	$765 (±$21)	+7.6%	Down after inflation
Households that rent	37.8% (±5.5 points)	29.9% (±5.2 points)	−7.9 percentage points	Measurable decrease
Rental vacancy rate	8.4% (±6.5 points)	3.0% (±4.7 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 Franklin Township (Grant County)

Nearest places with a published estimate, compared with Franklin Township (Grant County)
Place	Distance	Median gross rent	Compared with this place
Franklin Township (Grant County)	—	$765 (±$21)	—
Sweetser	3.7 mi	$1,063 (±$299)	Not measurably different
Marion	4.1 mi	$805 (±$42)	Not measurably different
Sims Township	5.0 mi	$925 (±$415)	Not measurably different
Swayzee	5.0 mi	$925 (±$415)	Not measurably different
Pleasant Township (Grant County)	5.9 mi	$1,235 (±$249)	Higher
Jonesboro	6.1 mi	$975 (±$205)	Higher
Center Township (Grant County)	6.1 mi	$838 (±$57)	Higher
Mill Township	6.6 mi	$872 (±$148)	Not measurably different

Nearby places with a measurably higher figure: Pleasant Township (Grant County), IN ($1,235), Jonesboro, IN ($975), Center Township (Grant County), IN ($838).

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

Rank	Place	Median gross rent
14	Monroe Township (Grant County)	$861 (±$335)
15	Washington Township (Grant County)	$844 (±$132)
16	Center Township (Grant County)	$838 (±$57)
17	Van Buren	$816 (±$48)
18	Fowlerton	$814 (±$137)
19	Marion	$805 (±$42)
20	Franklin Township (Grant County)	$765 (±$21)
21	Richland Township (Grant County)	$473 (±$68)

Showing 8 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 Franklin Township (Grant County)

What is the average rent in Franklin Township (Grant County), IN?

The Census Bureau publishes the median rather than the average: the median gross rent in Franklin Township (Grant County) is $765 (±$21) 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 Franklin Township (Grant County)?

In Franklin Township (Grant County), the median gross rent went from $711 in 2015–2019 to $765 in 2020–2024 (+7.6%).

Prices (CPI-U) rose 22.7% over the same years, so it rose more slowly than prices: a measurable decrease after inflation.

How many rentals in Franklin Township (Grant County) cost more than $2,000 a month?

0.0% of rented homes in Franklin Township (Grant County) have a gross rent of $2,000 or more a month, and 14.0% cost less than $500.

Is rent in Franklin Township (Grant County) higher than in Grant County?

In Franklin Township (Grant County), median gross rent is lower than in Grant County ($853).

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 Franklin township, Grant County, Indiana (county subdivision:25378, 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.