What is the median rent in Madison Township (Daviess County), IN?
The median gross rent in Madison Township (Daviess County), IN is $537 (±$232) a month, according to the US Census Bureau’s 2020–2024 American Community Survey.
That is across 260 rented homes; gross rent is the contract rent plus the utilities and fuels a renter pays separately.
In Madison Township (Daviess County), the median gross rent went from $596 in 2015–2019 to $537 in 2020–2024 (−9.9%).
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
- $537 (±$232)
- Rented homes
- 260 (±84)
- $2,000 or more
- 10.8%
- Since 2015–2019
- −9.9%
How much rent costs in Madison Township (Daviess County)
| Monthly gross rent | Madison Township (Daviess County) | Daviess County | Indiana | United States |
|---|---|---|---|---|
| Less than $500 | 35.0% (±17.8 points) | 22.8% | 7.1% | 6.3% |
| $500 to $999 | 40.4% (±23.0 points) | 44.5% | 36.9% | 20.2% |
| $1,000 to $1,499 | 11.2% (±10.6 points) | 23.2% | 38.5% | 28.1% |
| $1,500 to $1,999 | 2.7% (±3.3 points) | 5.5% | 12.0% | 21.1% |
| $2,000 to $2,499 | 0.0% (±13.4 points) | 1.3% | 3.6% | 12.0% |
| $2,500 to $2,999 | 0.0% (±13.4 points) | 0.3% | 1.0% | 5.5% |
| $3,000 or more | 10.8% (±9.2 points) | 2.3% | 0.9% | 6.8% |
The most common range is $500 to $999, paid by 40.4% of renting households.
10.8% of rented homes in Madison Township (Daviess County) cost $2,000 or more a month.
Madison Township (Daviess County) against Daviess County, its state and the nation
| Madison Township (Daviess County) | Daviess County | Indiana | United States | |
|---|---|---|---|---|
| Median gross rent | $537 (±$232) | $847 (±$51) | $1,062 (±$5) | $1,413 |
| Rented homes paying rent | 260 (±84) | 2,845 (±320) | 758,146 (±6,704) | 42,849,984 |
In Madison Township (Daviess County), median gross rent is lower than in Daviess County ($847).
It is also lower than in Indiana ($1,062).
It is lower than the national figure ($1,413).
In Daviess County, Madison Township (Daviess County) ranks 9 of 10 places with a published estimate, from highest to lowest median gross rent.
Statewide, it ranks 1189 of 1,204.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How rent in Madison Township (Daviess County) has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median gross rent | $596 (±$128) | $537 (±$232) | −9.9% | No measurable change after inflation |
| Households that rent | 30.0% (±5.9 points) | 27.5% (±7.6 points) | −2.5 percentage points | Not a measurable change |
| Rental vacancy rate | 2.5% (±3.7 points) | 3.6% (±4.9 points) | +1.1 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 Madison Township (Daviess County)
| Place | Distance | Median gross rent | Compared with this place |
|---|---|---|---|
| Madison Township (Daviess County) | — | $537 (±$232) | — |
| Odon | 1.7 mi | $498 (±$234) | Not measurably different |
| Crane | 4.2 mi | $673 (±$147) | Not measurably different |
| Elmore Township | 5.7 mi | $625 (±$519) | Not measurably different |
| Elnora | 6.4 mi | $625 (±$519) | Not measurably different |
| Perry Township (Martin County) | 8.5 mi | $774 (±$95) | Not measurably different |
| Washington Township (Greene County) | 8.9 mi | $859 (±$109) | Higher |
| Plainville | 11 mi | $824 (±$79) | Higher |
| Lyons | 11 mi | $859 (±$109) | Higher |
Nearby places with a measurably higher figure: Washington Township (Greene County), IN ($859), Plainville, IN ($824), Lyons, IN ($859).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median gross rent across Daviess County, place by place
| Rank | Place | Median gross rent |
|---|---|---|
| 3 | Washington | $858 (±$75) |
| 4 | Washington Township (Daviess County) | $856 (±$73) |
| 5 | Steele Township | $829 (±$80) |
| 6 | Plainville | $824 (±$79) |
| 7 (tie) | Elnora | $625 (±$519) |
| 7 (tie) | Elmore Township | $625 (±$519) |
| 9 | Madison Township (Daviess County) | $537 (±$232) |
| 10 | Odon | $498 (±$234) |
Showing 8 of 10 places in Daviess 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 Madison Township (Daviess County)
What is the average rent in Madison Township (Daviess County), IN?
The Census Bureau publishes the median rather than the average: the median gross rent in Madison Township (Daviess County) is $537 (±$232) 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 Madison Township (Daviess County)?
In Madison Township (Daviess County), the median gross rent went from $596 in 2015–2019 to $537 in 2020–2024 (−9.9%).
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 Madison Township (Daviess County) cost more than $2,000 a month?
10.8% of rented homes in Madison Township (Daviess County) have a gross rent of $2,000 or more a month, and 35.0% cost less than $500.
Is rent in Madison Township (Daviess County) higher than in Daviess County?
In Madison Township (Daviess County), median gross rent is lower than in Daviess County ($847).
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 — Madison township, Daviess County, Indiana
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Madison township, Daviess County, Indiana
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Madison township, Daviess 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 Madison township, Daviess County, Indiana (county subdivision:45936, in state:18 county:027).
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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- Property taxes in Madison Township (Daviess County)
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- Population growth in Madison Township (Daviess County)
- How long people stay in Madison Township (Daviess County)
- Indiana landlord and tenant rules
- Housing across Daviess County
- Indiana places ranked by median rent
- Housing data for every place in Indiana