What is the median rent in Knightstown, IN?
The median gross rent in Knightstown, IN is $930 (±$81) a month, according to the US Census Bureau’s 2020–2024 American Community Survey.
That is across 303 rented homes; gross rent is the contract rent plus the utilities and fuels a renter pays separately.
In Knightstown, the median gross rent went from $737 in 2015–2019 to $930 in 2020–2024 (+26.2%).
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
- $930 (±$81)
- Rented homes
- 303 (±87)
- $2,000 or more
- 4.3%
- Since 2015–2019
- +26.2%
How much rent costs in Knightstown
| Monthly gross rent | Knightstown | Henry County | Indiana | United States |
|---|---|---|---|---|
| Less than $500 | 22.8% (±16.6 points) | 12.8% | 7.1% | 6.3% |
| $500 to $999 | 42.6% (±14.5 points) | 60.9% | 36.9% | 20.2% |
| $1,000 to $1,499 | 20.5% (±11.0 points) | 22.7% | 38.5% | 28.1% |
| $1,500 to $1,999 | 9.9% (±10.9 points) | 2.5% | 12.0% | 21.1% |
| $2,000 to $2,499 | 4.3% (±4.7 points) | 0.8% | 3.6% | 12.0% |
| $2,500 to $2,999 | 0.0% (±11.6 points) | 0.0% | 1.0% | 5.5% |
| $3,000 or more | 0.0% (±11.6 points) | 0.2% | 0.9% | 6.8% |
The most common range is $500 to $999, paid by 42.6% of renting households.
4.3% of rented homes in Knightstown cost $2,000 or more a month.
Knightstown against Henry County, its state and the nation
| Knightstown | Henry County | Indiana | United States | |
|---|---|---|---|---|
| Median gross rent | $930 (±$81) | $820 (±$29) | $1,062 (±$5) | $1,413 |
| Rented homes paying rent | 303 (±87) | 4,124 (±399) | 758,146 (±6,704) | 42,849,984 |
In Knightstown, median gross rent is higher than in Henry County ($820).
It is also lower than in Indiana ($1,062).
It is lower than the national figure ($1,413).
In Henry County, Knightstown ranks 10 of 24 places with a published estimate, from highest to lowest median gross rent.
Statewide, it ranks 521 of 1,204.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How rent in Knightstown has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median gross rent | $737 (±$117) | $930 (±$81) | +26.2% | No measurable change after inflation |
| Households that rent | 39.3% (±7.5 points) | 33.5% (±7.6 points) | −5.8 percentage points | Not a measurable change |
| Rental vacancy rate | 18.2% (±11.1 points) | 12.4% (±11.4 points) | −5.8 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 Knightstown
| Place | Distance | Median gross rent | Compared with this place |
|---|---|---|---|
| Knightstown | — | $930 (±$81) | — |
| Wayne Township (Henry County) | 2.2 mi | $952 (±$77) | Not measurably different |
| Spiceland Township | 4.5 mi | $747 (±$83) | Lower |
| Ripley Township (Rush County) | 4.5 mi | $775 (±$252) | Not measurably different |
| Carthage | 4.6 mi | $848 (±$100) | Not measurably different |
| Dunreith | 5.0 mi | $1,250 (±$510) | Not measurably different |
| Center Township (Rush County) | 5.2 mi | $738 (±$174) | Lower |
| Spiceland | 6.5 mi | $789 (±$179) | Not measurably different |
| Shirley | 7.1 mi | $615 (±$228) | Lower |
Nearby places with a measurably lower figure: Spiceland Township, IN ($747), Center Township (Rush County), IN ($738), Shirley, IN ($615).
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 |
|---|---|---|
| 4 | Kennard | $1,089 (±$144) |
| 5 | Blue River Township (Henry County) | $1,077 (±$115) |
| 6 (tie) | Sulphur Springs | $993 (±$114) |
| 6 (tie) | Stoney Creek Township (Henry County) | $993 (±$482) |
| 8 | Mooreland | $982 (±$186) |
| 9 | Wayne Township (Henry County) | $952 (±$77) |
| 10 | Knightstown | $930 (±$81) |
| 11 | Cadiz | $920 (±$68) |
| 12 (tie) | Lewisville | $875 (±$128) |
| 12 (tie) | Mount Summit | $875 (±$141) |
| 14 | Middletown | $867 (±$47) |
| 15 | Fall Creek Township (Henry County) | $859 (±$23) |
| 16 | Dudley Township | $858 (±$788) |
Showing 13 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 Knightstown
What is the average rent in Knightstown, IN?
The Census Bureau publishes the median rather than the average: the median gross rent in Knightstown is $930 (±$81) 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 Knightstown?
In Knightstown, the median gross rent went from $737 in 2015–2019 to $930 in 2020–2024 (+26.2%).
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 Knightstown cost more than $2,000 a month?
4.3% of rented homes in Knightstown have a gross rent of $2,000 or more a month, and 22.8% cost less than $500.
Is rent in Knightstown higher than in Henry County?
In Knightstown, median gross rent is higher than in 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 — Knightstown town, Indiana
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Knightstown town, Indiana
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Knightstown 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 Knightstown town, Indiana (place:40266, 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 Knightstown at a glance
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- Rent burden in Knightstown
- Renters and owners in Knightstown
- Income and affordability in Knightstown
- Home values in Knightstown
- Homeowner costs in Knightstown
- Property taxes in Knightstown
- Types of homes in Knightstown
- Bedrooms in Knightstown
- Age of homes in Knightstown
- Heating fuel in Knightstown
- Commute and cars in Knightstown
- Population growth in Knightstown
- How long people stay in Knightstown
- Indiana landlord and tenant rules
- Housing across Henry County
- Indiana places ranked by median rent
- Housing data for every place in Indiana