What is the median rent in New Pekin, IN?
The median gross rent in New Pekin, IN is $836 (±$77) a month, according to the US Census Bureau’s 2020–2024 American Community Survey.
That is across 210 rented homes; gross rent is the contract rent plus the utilities and fuels a renter pays separately.
In New Pekin, the median gross rent went from $644 in 2015–2019 to $836 in 2020–2024 (+29.8%).
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
- $836 (±$77)
- Rented homes
- 210 (±79)
- $2,000 or more
- 2.9%
- Since 2015–2019
- +29.8%
How much rent costs in New Pekin
| Monthly gross rent | New Pekin | Washington County | Indiana | United States |
|---|---|---|---|---|
| Less than $500 | 21.9% (±16.4 points) | 16.4% | 7.1% | 6.3% |
| $500 to $999 | 49.0% (±19.2 points) | 60.5% | 36.9% | 20.2% |
| $1,000 to $1,499 | 19.0% (±16.8 points) | 19.2% | 38.5% | 28.1% |
| $1,500 to $1,999 | 7.1% (±8.9 points) | 3.6% | 12.0% | 21.1% |
| $2,000 to $2,499 | 2.9% (±3.1 points) | 0.3% | 3.6% | 12.0% |
| $2,500 to $2,999 | 0.0% (±16.3 points) | 0.0% | 1.0% | 5.5% |
| $3,000 or more | 0.0% (±16.3 points) | 0.0% | 0.9% | 6.8% |
The most common range is $500 to $999, paid by 49.0% of renting households.
2.9% of rented homes in New Pekin cost $2,000 or more a month.
New Pekin against Washington County, its state and the nation
| New Pekin | Washington County | Indiana | United States | |
|---|---|---|---|---|
| Median gross rent | $836 (±$77) | $780 (±$33) | $1,062 (±$5) | $1,413 |
| Rented homes paying rent | 210 (±79) | 1,765 (±250) | 758,146 (±6,704) | 42,849,984 |
In New Pekin, median gross rent is not measurably different from Washington County ($780).
It is also lower than in Indiana ($1,062).
It is lower than the national figure ($1,413).
In Washington County, New Pekin ranks 6 of 13 places with a published estimate, from highest to lowest median gross rent.
Statewide, it ranks 774 of 1,204.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How rent in New Pekin has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median gross rent | $644 (±$61) | $836 (±$77) | +29.8% | No measurable change after inflation |
| Households that rent | 45.7% (±8.8 points) | 37.8% (±10.0 points) | −7.9 percentage points | Not a measurable change |
| Rental vacancy rate | 6.7% (±7.9 points) | 9.4% (±10.4 points) | +2.7 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 Pekin
| Place | Distance | Median gross rent | Compared with this place |
|---|---|---|---|
| New Pekin | — | $836 (±$77) | — |
| Pierce Township | 3.2 mi | $845 (±$260) | Not measurably different |
| Borden | 4.1 mi | $1,042 (±$586) | Not measurably different |
| Polk Township (Washington County) | 4.2 mi | $926 (±$64) | Not measurably different |
| Wood Township | 5.6 mi | $985 (±$473) | Not measurably different |
| Franklin Township (Washington County) | 7.8 mi | $767 (±$44) | Not measurably different |
| Palmyra | 8.3 mi | $772 (±$59) | Not measurably different |
| Salem | 8.4 mi | $690 (±$113) | Lower |
| Washington Township (Washington County) | 9.1 mi | $690 (±$103) | Lower |
Nearby places with a measurably lower figure: Salem, IN ($690), Washington Township (Washington County), IN ($690).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median gross rent across Washington County, place by place
| Rank | Place | Median gross rent |
|---|---|---|
| 1 | Madison Township (Washington County) | $1,060 (±$498) |
| 2 | Gibson Township | $1,043 (±$252) |
| 3 | Little York | $1,021 (±$172) |
| 4 | Polk Township (Washington County) | $926 (±$64) |
| 5 | Pierce Township | $845 (±$260) |
| 6 | New Pekin | $836 (±$77) |
| 7 | Campbellsburg | $818 (±$150) |
| 8 | Brown Township (Washington County) | $816 (±$157) |
| 9 | Posey Township (Washington County) | $793 (±$354) |
| 10 | Jefferson Township (Washington County) | $789 (±$502) |
| 11 | Franklin Township (Washington County) | $767 (±$44) |
| 12 (tie) | Salem | $690 (±$113) |
Showing 12 of 13 places in Washington 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 New Pekin
What is the average rent in New Pekin, IN?
The Census Bureau publishes the median rather than the average: the median gross rent in New Pekin is $836 (±$77) 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 Pekin?
In New Pekin, the median gross rent went from $644 in 2015–2019 to $836 in 2020–2024 (+29.8%).
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 Pekin cost more than $2,000 a month?
2.9% of rented homes in New Pekin have a gross rent of $2,000 or more a month, and 21.9% cost less than $500.
Is rent in New Pekin higher than in Washington County?
In New Pekin, median gross rent is not measurably different from Washington County ($780).
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 — New Pekin town, Indiana
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — New Pekin town, Indiana
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — New Pekin 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 Pekin town, Indiana (place:53388, 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
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- Bedrooms in New Pekin
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- Population growth in New Pekin
- How long people stay in New Pekin
- Indiana landlord and tenant rules
- Housing across Washington County
- Indiana places ranked by median rent
- Housing data for every place in Indiana