What percentage of people rent in Lapel, IN?

Name: Renters and owners in Lapel, IN, 2020–2024
Creator: US Census Bureau
License: https://www.census.gov/data/developers/about/terms-of-service.html

29.8% (±8.7 points) of the occupied homes in Lapel, IN are rented (2020–2024 American Community Survey).

That is 311 renting households against 731 that own their home.

In Lapel, the share of households that rent went from 23.8% in 2015–2019 to 29.8% in 2020–2024 (+6.0 percentage points), not a measurable change.

Figures last updated on November 12, 2026.

Households that rent: 29.8% (±8.7 points)
Renting households: 311 (±103)
Median renter income: $62,583 (±$8,871)

Who rents and who owns in Lapel

Tenure, estimate (90% margin of error)
	Lapel	Madison County	Indiana	United States
Renter-occupied share	29.8% (±8.7 points)	29.8% (±1.4 points)	29.4% (±0.3 points)	34.8%
Renting households	311 (±103)	15,941 (±794)	799,766 (±7,038)	45,017,354
Owning households	731 (±119)	37,488 (±783)	1,916,243 (±9,865)	84,210,142
Average renter household size	2.4 (±0.5)	2.1 (±0.1)	2.2 (±0.0)	2.3
Average owner household size	2.6 (±0.3)	2.5 (±0.0)	2.6 (±0.0)	2.6
Median renter household income	$62,583 (±$8,871)	$36,650 (±$4,568)	$42,811 (±$480)	$52,966
Median owner household income	$87,303 (±$27,057)	$75,613 (±$1,591)	$87,459 (±$395)	$100,009

In Lapel, the renter share is not measurably different from Madison County (29.8%).

It is not measurably different from Indiana (29.4%).

It is not measurably different from the national figure (34.8%).

In Madison County, Lapel ranks 7 of 29 places with a published estimate, from highest to lowest renter share.

Statewide, it ranks 348 of 1,600.

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

How renting in Lapel has changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
	2015–2019	2020–2024	Amount of change	Verdict
Households that rent	23.8% (±7.1 points)	29.8% (±8.7 points)	+6.0 percentage points	Not a measurable change
Median gross rent	$800 (±$217)	$1,318 (±$277)	+64.8%	No measurable change after inflation
Median household income	$57,845 (±$7,331)	$79,778 (±$13,270)	+37.9%	No measurable change after inflation

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.

Households that rent in places near Lapel

Nearest places with a published estimate, compared with Lapel
Place	Distance	Households that rent	Compared with this place
Lapel	—	29.8% (±8.7 points)	—
Green Township (Madison County)	3.0 mi	13.3% (±5.0 points)	Lower
Stony Creek Township	3.1 mi	21.3% (±6.7 points)	Not measurably different
Wayne Township (Hamilton County)	3.7 mi	27.1% (±6.5 points)	Not measurably different
Pendleton	4.6 mi	26.5% (±6.3 points)	Not measurably different
Ingalls	5.5 mi	24.0% (±9.9 points)	Not measurably different
Fall Creek Township (Madison County)	6.3 mi	16.1% (±3.9 points)	Lower
Fall Creek Township (Hamilton County)	6.7 mi	16.3% (±2.8 points)	Lower
Edgewood	7.3 mi	7.2% (±5.1 points)	Lower

Nearby places with a measurably lower figure: Green Township (Madison County), IN (13.3%), Fall Creek Township (Madison County), IN (16.1%), Fall Creek Township (Hamilton County), IN (16.3%).

Distance is measured in a straight line between the Census Bureau’s internal points for each place.

Households that rent across Madison County, place by place

Rank	Place	Households that rent
1	Anderson	44.5% (±2.2 points)
2	Anderson Township (Madison County)	42.5% (±1.9 points)
3	Alexandria	40.3% (±8.8 points)
4	Orestes	39.0% (±15.1 points)
5	Elwood	34.8% (±5.6 points)
6	Monroe Township (Madison County)	30.2% (±6.7 points)
7	Lapel	29.8% (±8.7 points)
8	Summitville	28.6% (±9.5 points)
9	Chesterfield	27.7% (±6.9 points)
10	Pipe Creek Township (Madison County)	27.0% (±4.0 points)
11	Pendleton	26.5% (±6.3 points)
12	Richland Township (Madison County)	25.5% (±12.7 points)
13	Ingalls	24.0% (±9.9 points)

Showing 13 of 29 places in Madison 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 Lapel

How many renters are there in Lapel?

Lapel has an estimated 311 (±103) renting households, 29.8% of its occupied homes (2020–2024 American Community Survey).

Is renting growing in Lapel?

In Lapel, the share of households that rent went from 23.8% in 2015–2019 to 29.8% in 2020–2024 (+6.0 percentage points), not a measurable change.

How big are renting households in Lapel?

A renting household in Lapel has 2.4 people on average, against 2.6 in an owned home.

How much do renters earn in Lapel?

The median renting household in Lapel, IN has an income of $62,583 (±$8,871) a year, against $87,303 for households that own their home.

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) and detailed tables (acs/acs5) for Lapel town, Indiana (place:42228, in state:18).

Each estimate (E or PE) has a margin of error beside it (M or PM).

The 2015–2019 figures are DP04_0047PE, DP04_0047PM, B25064_001E, B25064_001M, B19013_001E, B19013_001M from the 2019 release.

The API needs a free key.

Request a Census API key.

DP04_0047PE, DP04_0047PM, DP04_0047E, DP04_0047M, DP04_0046E, DP04_0046M, DP04_0049E, DP04_0049M, DP04_0048E, DP04_0048M, B25119_003E, B25119_003M, B25119_002E, B25119_002M

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.