What is the median rent in Luce Township, IN?
The median gross rent in Luce Township, IN is $688 (±$151) a month, according to the US Census Bureau’s 2020–2024 American Community Survey.
That is across 152 rented homes; gross rent is the contract rent plus the utilities and fuels a renter pays separately.
In Luce Township, the median gross rent went from $850 in 2015–2019 to $688 in 2020–2024 (−19.1%).
Prices (CPI-U) rose 22.7% over the same years, so it fell after inflation as well.
Figures last updated on .
- Median gross rent
- $688 (±$151)
- Rented homes
- 152 (±126)
- $2,000 or more
- 0.0%
- Since 2015–2019
- −19.1%
How much rent costs in Luce Township
| Monthly gross rent | Luce Township | Spencer County | Indiana | United States |
|---|---|---|---|---|
| Less than $500 | 0.0% (±21.6 points) | 21.3% | 7.1% | 6.3% |
| $500 to $999 | 86.8% (±22.3 points) | 52.8% | 36.9% | 20.2% |
| $1,000 to $1,499 | 0.7% (±1.8 points) | 19.8% | 38.5% | 28.1% |
| $1,500 to $1,999 | 12.5% (±21.6 points) | 5.8% | 12.0% | 21.1% |
| $2,000 to $2,499 | 0.0% (±21.6 points) | 0.0% | 3.6% | 12.0% |
| $2,500 to $2,999 | 0.0% (±21.6 points) | 0.0% | 1.0% | 5.5% |
| $3,000 or more | 0.0% (±21.6 points) | 0.3% | 0.9% | 6.8% |
The most common range is $500 to $999, paid by 86.8% of renting households.
0.0% of rented homes in Luce Township cost $2,000 or more a month.
Luce Township against Spencer County, its state and the nation
| Luce Township | Spencer County | Indiana | United States | |
|---|---|---|---|---|
| Median gross rent | $688 (±$151) | $751 (±$136) | $1,062 (±$5) | $1,413 |
| Rented homes paying rent | 152 (±126) | 1,283 (±185) | 758,146 (±6,704) | 42,849,984 |
In Luce Township, median gross rent is not measurably different from Spencer County ($751).
It is also lower than in Indiana ($1,062).
It is lower than the national figure ($1,413).
In Spencer County, Luce Township ranks 12 of 15 places with a published estimate, from highest to lowest median gross rent.
Statewide, it ranks 1075 of 1,204.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How rent in Luce Township has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median gross rent | $850 (±$167) | $688 (±$151) | −19.1% | Down after inflation |
| Households that rent | 10.7% (±5.2 points) | 14.7% (±10.3 points) | +4.0 percentage points | Not a measurable change |
| Rental vacancy rate | 0.0% (±25.2 points) | 0.0% (±19.8 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 Luce Township
| Place | Distance | Median gross rent | Compared with this place |
|---|---|---|---|
| Luce Township | — | $688 (±$151) | — |
| Richland | 2.9 mi | $850 (±$70) | Not measurably different |
| Ohio Township (Spencer County) | 5.8 mi | $699 (±$207) | Not measurably different |
| Rockport | 8.1 mi | $678 (±$252) | Not measurably different |
| Grass Township | 8.8 mi | $788 (±$471) | Not measurably different |
| Boon Township | 9.9 mi | $887 (±$64) | Higher |
| Boonville | 10 mi | $873 (±$63) | Higher |
| Newburgh | 11 mi | $942 (±$27) | Higher |
| Chrisney | 11 mi | $625 (±$473) | Not measurably different |
Nearby places with a measurably higher figure: Boon Township, IN ($887), Boonville, IN ($873), Newburgh, IN ($942).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median gross rent across Spencer County, place by place
| Rank | Place | Median gross rent |
|---|---|---|
| 6 | Dale | $848 (±$173) |
| 7 | Carter Township | $817 (±$223) |
| 8 | Grass Township | $788 (±$471) |
| 9 | Gentryville | $769 (±$157) |
| 10 | Jackson Township (Spencer County) | $717 (±$157) |
| 11 | Ohio Township (Spencer County) | $699 (±$207) |
| 12 | Luce Township | $688 (±$151) |
| 13 | Rockport | $678 (±$252) |
| 14 | Harrison Township (Spencer County) | $629 (±$145) |
| 15 | Chrisney | $625 (±$473) |
Showing 10 of 15 places in Spencer 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 Luce Township
What is the average rent in Luce Township, IN?
The Census Bureau publishes the median rather than the average: the median gross rent in Luce Township is $688 (±$151) 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 Luce Township?
In Luce Township, the median gross rent went from $850 in 2015–2019 to $688 in 2020–2024 (−19.1%).
Prices (CPI-U) rose 22.7% over the same years, so it fell after inflation as well.
How many rentals in Luce Township cost more than $2,000 a month?
0.0% of rented homes in Luce Township have a gross rent of $2,000 or more a month, and 0.0% cost less than $500.
Is rent in Luce Township higher than in Spencer County?
In Luce Township, median gross rent is not measurably different from Spencer County ($751).
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 — Luce township, Spencer County, Indiana
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Luce township, Spencer County, Indiana
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Luce township, Spencer 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 Luce township, Spencer County, Indiana (county subdivision:45216, in state:18 county:147).
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 Luce Township at a glance
- Income and affordability in Luce Township
- Home values in Luce Township
- Homeowner costs in Luce Township
- Property taxes in Luce Township
- Types of homes in Luce Township
- Bedrooms in Luce Township
- Age of homes in Luce Township
- Heating fuel in Luce Township
- Commute and cars in Luce Township
- Population growth in Luce Township
- Indiana landlord and tenant rules
- Housing across Spencer County
- Indiana places ranked by median rent
- Housing data for every place in Indiana