What is the median rent in New Palestine, IN?
The median gross rent in New Palestine, IN is $1,129 (±$220) a month, according to the US Census Bureau’s 2020–2024 American Community Survey.
That is across 250 rented homes; gross rent is the contract rent plus the utilities and fuels a renter pays separately.
In New Palestine, the median gross rent went from $1,007 in 2015–2019 to $1,129 in 2020–2024 (+12.1%).
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
- $1,129 (±$220)
- Rented homes
- 250 (±96)
- $2,000 or more
- 18.0%
- Since 2015–2019
- +12.1%
How much rent costs in New Palestine
| Monthly gross rent | New Palestine | Hancock County | Indiana | United States |
|---|---|---|---|---|
| Less than $500 | 0.0% (±13.9 points) | 1.4% | 7.1% | 6.3% |
| $500 to $999 | 38.4% (±20.5 points) | 32.5% | 36.9% | 20.2% |
| $1,000 to $1,499 | 31.6% (±17.0 points) | 36.9% | 38.5% | 28.1% |
| $1,500 to $1,999 | 12.0% (±12.8 points) | 19.1% | 12.0% | 21.1% |
| $2,000 to $2,499 | 0.0% (±13.9 points) | 7.8% | 3.6% | 12.0% |
| $2,500 to $2,999 | 10.0% (±10.8 points) | 1.6% | 1.0% | 5.5% |
| $3,000 or more | 8.0% (±13.0 points) | 0.8% | 0.9% | 6.8% |
The most common range is $500 to $999, paid by 38.4% of renting households.
18.0% of rented homes in New Palestine cost $2,000 or more a month.
New Palestine against Hancock County, its state and the nation
| New Palestine | Hancock County | Indiana | United States | |
|---|---|---|---|---|
| Median gross rent | $1,129 (±$220) | $1,203 (±$67) | $1,062 (±$5) | $1,413 |
| Rented homes paying rent | 250 (±96) | 6,578 (±613) | 758,146 (±6,704) | 42,849,984 |
In New Palestine, median gross rent is not measurably different from Hancock County ($1,203).
It is not measurably different from Indiana ($1,062).
It is lower than the national figure ($1,413).
In Hancock County, New Palestine ranks 7 of 10 places with a published estimate, from highest to lowest median gross rent.
Statewide, it ranks 210 of 1,204.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How rent in New Palestine has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median gross rent | $1,007 (±$132) | $1,129 (±$220) | +12.1% | No measurable change after inflation |
| Households that rent | 18.7% (±5.5 points) | 19.7% (±6.6 points) | +1.0 percentage points | Not a measurable change |
| Rental vacancy rate | 10.6% (±10.9 points) | 16.7% (±16.4 points) | +6.1 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 New Palestine
| Place | Distance | Median gross rent | Compared with this place |
|---|---|---|---|
| New Palestine | — | $1,129 (±$220) | — |
| Sugar Creek Township (Hancock County) | 0.7 mi | $1,011 (±$104) | Not measurably different |
| Moral Township | 4.7 mi | $1,050 (±$474) | Not measurably different |
| Cumberland | 4.8 mi | $1,157 (±$107) | Not measurably different |
| Buck Creek Township | 6.5 mi | $1,955 (±$192) | Higher |
| Van Buren Township (Shelby County) | 7.2 mi | $1,056 (±$231) | Not measurably different |
| Franklin Township (Marion County) | 7.2 mi | $1,288 (±$118) | Not measurably different |
| Warren Township (Marion County) | 7.3 mi | $1,061 (±$30) | Not measurably different |
| Greenfield | 7.8 mi | $1,177 (±$77) | Not measurably different |
Nearby places with a measurably higher figure: Buck Creek Township, IN ($1,955).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median gross rent across Hancock County, place by place
| Rank | Place | Median gross rent |
|---|---|---|
| 1 | Buck Creek Township | $1,955 (±$192) |
| 2 | McCordsville | $1,283 (±$481) |
| 3 | Vernon Township (Hancock County) | $1,242 (±$294) |
| 4 | Greenfield | $1,177 (±$77) |
| 5 | Center Township (Hancock County) | $1,168 (±$68) |
| 6 | Fortville | $1,167 (±$307) |
| 7 | New Palestine | $1,129 (±$220) |
| 8 | Sugar Creek Township (Hancock County) | $1,011 (±$104) |
| 9 | Wilkinson | $917 (±$251) |
| 10 | Shirley | $615 (±$228) |
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
What you can do on Seayora in New Palestine
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Questions about New Palestine
What is the average rent in New Palestine, IN?
The Census Bureau publishes the median rather than the average: the median gross rent in New Palestine is $1,129 (±$220) 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 New Palestine?
In New Palestine, the median gross rent went from $1,007 in 2015–2019 to $1,129 in 2020–2024 (+12.1%).
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 New Palestine cost more than $2,000 a month?
18.0% of rented homes in New Palestine have a gross rent of $2,000 or more a month, and 0.0% cost less than $500.
Is rent in New Palestine higher than in Hancock County?
In New Palestine, median gross rent is not measurably different from Hancock County ($1,203).
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 — New Palestine town, Indiana
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — New Palestine town, Indiana
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — New Palestine 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 New Palestine town, Indiana (place:53352, 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 New Palestine at a glance
- Rent by bedrooms in New Palestine
- Renters and owners in New Palestine
- Income and affordability in New Palestine
- Home values in New Palestine
- Homeowner costs in New Palestine
- Property taxes in New Palestine
- Types of homes in New Palestine
- Bedrooms in New Palestine
- Age of homes in New Palestine
- Heating fuel in New Palestine
- Commute and cars in New Palestine
- Crime reported to police in New Palestine
- Population growth in New Palestine
- How long people stay in New Palestine
- Indiana landlord and tenant rules
- Housing across Hancock County
- Indiana places ranked by median rent
- Housing data for every place in Indiana