What is the median rent in Henry Township (Henry County), IN?
The median gross rent in Henry Township (Henry County), IN is $775 (±$62) a month, according to the US Census Bureau’s 2020–2024 American Community Survey.
That is across 2,666 rented homes; gross rent is the contract rent plus the utilities and fuels a renter pays separately.
In Henry Township (Henry County), the median gross rent went from $713 in 2015–2019 to $775 in 2020–2024 (+8.7%).
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 .
- Median gross rent
- $775 (±$62)
- Rented homes
- 2,666 (±313)
- $2,000 or more
- 0.8%
- Since 2015–2019
- +8.7%
How much rent costs in Henry Township (Henry County)
| Monthly gross rent | Henry Township (Henry County) | Henry County | Indiana | United States |
|---|---|---|---|---|
| Less than $500 | 14.0% (±4.4 points) | 12.8% | 7.1% | 6.3% |
| $500 to $999 | 63.0% (±7.1 points) | 60.9% | 36.9% | 20.2% |
| $1,000 to $1,499 | 20.4% (±5.8 points) | 22.7% | 38.5% | 28.1% |
| $1,500 to $1,999 | 1.8% (±1.5 points) | 2.5% | 12.0% | 21.1% |
| $2,000 to $2,499 | 0.8% (±1.2 points) | 0.8% | 3.6% | 12.0% |
| $2,500 to $2,999 | 0.0% (±1.4 points) | 0.0% | 1.0% | 5.5% |
| $3,000 or more | 0.0% (±1.4 points) | 0.2% | 0.9% | 6.8% |
The most common range is $500 to $999, paid by 63.0% of renting households.
0.8% of rented homes in Henry Township (Henry County) cost $2,000 or more a month.
Henry Township (Henry County) against Henry County, its state and the nation
| Henry Township (Henry County) | Henry County | Indiana | United States | |
|---|---|---|---|---|
| Median gross rent | $775 (±$62) | $820 (±$29) | $1,062 (±$5) | $1,413 |
| Rented homes paying rent | 2,666 (±313) | 4,124 (±399) | 758,146 (±6,704) | 42,849,984 |
In Henry Township (Henry County), median gross rent is not measurably different from Henry County ($820).
It is also lower than in Indiana ($1,062).
It is lower than the national figure ($1,413).
In Henry County, Henry Township (Henry County) ranks 19 of 24 places with a published estimate, from highest to lowest median gross rent.
Statewide, it ranks 927 of 1,204.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How rent in Henry Township (Henry County) has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median gross rent | $713 (±$33) | $775 (±$62) | +8.7% | Down after inflation |
| Households that rent | 34.9% (±2.6 points) | 32.7% (±3.3 points) | −2.2 percentage points | Not a measurable change |
| Rental vacancy rate | 14.9% (±4.6 points) | 9.4% (±5.0 points) | −5.5 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 Henry Township (Henry County)
| Place | Distance | Median gross rent | Compared with this place |
|---|---|---|---|
| Henry Township (Henry County) | — | $775 (±$62) | — |
| New Castle | 0.8 mi | $781 (±$60) | Not measurably different |
| Spiceland | 5.6 mi | $789 (±$179) | Not measurably different |
| Cadiz | 5.9 mi | $920 (±$68) | Higher |
| Greensboro Township | 5.9 mi | $705 (±$246) | Not measurably different |
| Mount Summit | 6.0 mi | $875 (±$141) | Not measurably different |
| Sulphur Springs | 6.2 mi | $993 (±$114) | Higher |
| Prairie Township (Henry County) | 6.6 mi | $694 (±$528) | Not measurably different |
| Harrison Township (Henry County) | 6.8 mi | $1,291 (±$655) | Not measurably different |
Nearby places with a measurably higher figure: Cadiz, IN ($920), Sulphur Springs, IN ($993).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median gross rent across Henry County, place by place
| Rank | Place | Median gross rent |
|---|---|---|
| 12 (tie) | Mount Summit | $875 (±$141) |
| 14 | Middletown | $867 (±$47) |
| 15 | Fall Creek Township (Henry County) | $859 (±$23) |
| 16 | Dudley Township | $858 (±$788) |
| 17 | Spiceland | $789 (±$179) |
| 18 | New Castle | $781 (±$60) |
| 19 | Henry Township (Henry County) | $775 (±$62) |
| 20 | Spiceland Township | $747 (±$83) |
| 21 | Franklin Township (Henry County) | $706 (±$269) |
| 22 | Greensboro Township | $705 (±$246) |
| 23 | Prairie Township (Henry County) | $694 (±$528) |
| 24 | Jefferson Township (Henry County) | $682 (±$48) |
Showing 12 of 24 places in Henry 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 Henry Township (Henry County)
What is the average rent in Henry Township (Henry County), IN?
The Census Bureau publishes the median rather than the average: the median gross rent in Henry Township (Henry County) is $775 (±$62) 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 Henry Township (Henry County)?
In Henry Township (Henry County), the median gross rent went from $713 in 2015–2019 to $775 in 2020–2024 (+8.7%).
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 Henry Township (Henry County) cost more than $2,000 a month?
0.8% of rented homes in Henry Township (Henry County) have a gross rent of $2,000 or more a month, and 14.0% cost less than $500.
Is rent in Henry Township (Henry County) higher than in Henry County?
In Henry Township (Henry County), median gross rent is not measurably different from Henry County ($820).
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 — Henry township, Henry County, Indiana
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Henry township, Henry County, Indiana
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Henry township, Henry 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 Henry township, Henry County, Indiana (county subdivision:33124, in state:18 county:065).
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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- Home values in Henry Township (Henry County)
- Homeowner costs in Henry Township (Henry County)
- Property taxes in Henry Township (Henry County)
- Types of homes in Henry Township (Henry County)
- Bedrooms in Henry Township (Henry County)
- Age of homes in Henry Township (Henry County)
- Vacancy rate in Henry Township (Henry County)
- Heating fuel in Henry Township (Henry County)
- Commute and cars in Henry Township (Henry County)
- Population growth in Henry Township (Henry County)
- How long people stay in Henry Township (Henry County)
- Crowding and facilities in Henry Township (Henry County)
- Indiana landlord and tenant rules
- Housing across Henry County
- Indiana places ranked by median rent
- Housing data for every place in Indiana