What is the median rent in Lake Township (Newton County), IN?
The median gross rent in Lake Township (Newton County), IN is $948 (±$189) a month, according to the US Census Bureau’s 2020–2024 American Community Survey.
That is across 192 rented homes; gross rent is the contract rent plus the utilities and fuels a renter pays separately.
Figures last updated on .
- Median gross rent
- $948 (±$189)
- Rented homes
- 192 (±142)
- $2,000 or more
- 0.0%
How much rent costs in Lake Township (Newton County)
| Monthly gross rent | Lake Township (Newton County) | Newton County | Indiana | United States |
|---|---|---|---|---|
| Less than $500 | 0.0% (±17.7 points) | 9.0% | 7.1% | 6.3% |
| $500 to $999 | 67.7% (±37.0 points) | 58.2% | 36.9% | 20.2% |
| $1,000 to $1,499 | 32.3% (±37.0 points) | 30.7% | 38.5% | 28.1% |
| $1,500 to $1,999 | 0.0% (±17.7 points) | 2.2% | 12.0% | 21.1% |
| $2,000 to $2,499 | 0.0% (±17.7 points) | 0.0% | 3.6% | 12.0% |
| $2,500 to $2,999 | 0.0% (±17.7 points) | 0.0% | 1.0% | 5.5% |
| $3,000 or more | 0.0% (±17.7 points) | 0.0% | 0.9% | 6.8% |
The most common range is $500 to $999, paid by 67.7% of renting households.
0.0% of rented homes in Lake Township (Newton County) cost $2,000 or more a month.
Lake Township (Newton County) against Newton County, its state and the nation
| Lake Township (Newton County) | Newton County | Indiana | United States | |
|---|---|---|---|---|
| Median gross rent | $948 (±$189) | $918 (±$81) | $1,062 (±$5) | $1,413 |
| Rented homes paying rent | 192 (±142) | 975 (±179) | 758,146 (±6,704) | 42,849,984 |
In Lake Township (Newton County), median gross rent is not measurably different from Newton County ($918).
It is not measurably different from Indiana ($1,062).
It is lower than the national figure ($1,413).
In Newton County, Lake Township (Newton County) ranks 4 of 13 places with a published estimate, from highest to lowest median gross rent.
Statewide, it ranks 471 of 1,204.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How rent in Lake Township (Newton County) has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Households that rent | 7.9% (±6.6 points) | 20.9% (±13.4 points) | +13.0 percentage points | Not a measurable change |
| Rental vacancy rate | 0.0% (±33.2 points) | 0.0% (±15.7 points) | 0.0 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 Lake Township (Newton County)
| Place | Distance | Median gross rent | Compared with this place |
|---|---|---|---|
| Lake Township (Newton County) | — | $948 (±$189) | — |
| Schneider | 4.2 mi | $1,125 (±$60) | Not measurably different |
| Momence Township | 7.1 mi | $743 (±$169) | Not measurably different |
| Lincoln Township (Newton County) | 7.2 mi | $945 (±$517) | Not measurably different |
| Pembroke Township | 8.1 mi | $774 (±$213) | Not measurably different |
| West Creek Township | 8.5 mi | $1,331 (±$67) | Higher |
| Hopkins Park | 8.6 mi | $661 (±$270) | Not measurably different |
| Roselawn | 9.0 mi | $934 (±$85) | Not measurably different |
| Cedar Creek Township (Lake County) | 10 mi | $1,108 (±$71) | Not measurably different |
Nearby places with a measurably higher figure: West Creek Township, IN ($1,331).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median gross rent across Newton County, place by place
| Rank | Place | Median gross rent |
|---|---|---|
| 1 | Washington Township (Newton County) | $1,167 (±$96) |
| 2 | Jackson Township (Newton County) | $1,083 (±$545) |
| 3 | Iroquois Township | $1,007 (±$179) |
| 4 | Lake Township (Newton County) | $948 (±$189) |
| 5 | Lincoln Township (Newton County) | $945 (±$517) |
| 6 | Roselawn | $934 (±$85) |
| 7 | Brook | $880 (±$118) |
| 8 | Kentland | $855 (±$81) |
| 9 | Morocco | $852 (±$58) |
| 10 | Beaver Township (Newton County) | $851 (±$41) |
Showing 10 of 13 places in Newton 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 Lake Township (Newton County)
What is the average rent in Lake Township (Newton County), IN?
The Census Bureau publishes the median rather than the average: the median gross rent in Lake Township (Newton County) is $948 (±$189) a month (2020–2024 American Community Survey), so half of renting households pay less and half pay more.
How many rentals in Lake Township (Newton County) cost more than $2,000 a month?
0.0% of rented homes in Lake Township (Newton County) have a gross rent of $2,000 or more a month, and 0.0% cost less than $500.
Is rent in Lake Township (Newton County) higher than in Newton County?
In Lake Township (Newton County), median gross rent is not measurably different from Newton County ($918).
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
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Lake township, Newton County, Indiana
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Lake township, Newton County, Indiana
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Lake township, Newton 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 Lake township, Newton County, Indiana (county subdivision:40968, in state:18 county:111).
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 Lake Township (Newton County) at a glance
- Rent burden in Lake Township (Newton County)
- Home values in Lake Township (Newton County)
- Homeowner costs in Lake Township (Newton County)
- Property taxes in Lake Township (Newton County)
- Types of homes in Lake Township (Newton County)
- Bedrooms in Lake Township (Newton County)
- Age of homes in Lake Township (Newton County)
- Heating fuel in Lake Township (Newton County)
- Commute and cars in Lake Township (Newton County)
- Population growth in Lake Township (Newton County)
- Fair Market Rent in Lake Township (Newton County)
- Indiana landlord and tenant rules
- Housing across Newton County
- Indiana places ranked by median rent
- Housing data for every place in Indiana