What is the median rent in Pike Township (Marion County), IN?
The median gross rent in Pike Township (Marion County), IN is $1,131 (±$37) a month, according to the US Census Bureau’s 2020–2024 American Community Survey.
That is across 14,995 rented homes; gross rent is the contract rent plus the utilities and fuels a renter pays separately.
In Pike Township (Marion County), the median gross rent went from $906 in 2015–2019 to $1,131 in 2020–2024 (+24.8%).
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
- $1,131 (±$37)
- Rented homes
- 14,995 (±847)
- $2,000 or more
- 7.8%
- Since 2015–2019
- +24.8%
How much rent costs in Pike Township (Marion County)
| Monthly gross rent | Pike Township (Marion County) | Marion County | Indiana | United States |
|---|---|---|---|---|
| Less than $500 | 5.2% (±1.5 points) | 4.3% | 7.1% | 6.3% |
| $500 to $999 | 30.0% (±4.3 points) | 28.6% | 36.9% | 20.2% |
| $1,000 to $1,499 | 42.6% (±4.3 points) | 45.4% | 38.5% | 28.1% |
| $1,500 to $1,999 | 14.4% (±4.0 points) | 15.6% | 12.0% | 21.1% |
| $2,000 to $2,499 | 5.3% (±1.8 points) | 4.3% | 3.6% | 12.0% |
| $2,500 to $2,999 | 0.7% (±0.4 points) | 1.1% | 1.0% | 5.5% |
| $3,000 or more | 1.8% (±1.0 points) | 0.6% | 0.9% | 6.8% |
The most common range is $1,000 to $1,499, paid by 42.6% of renting households.
7.8% of rented homes in Pike Township (Marion County) cost $2,000 or more a month.
Pike Township (Marion County) against Marion County, its state and the nation
| Pike Township (Marion County) | Marion County | Indiana | United States | |
|---|---|---|---|---|
| Median gross rent | $1,131 (±$37) | $1,153 (±$10) | $1,062 (±$5) | $1,413 |
| Rented homes paying rent | 14,995 (±847) | 170,021 (±3,020) | 758,146 (±6,704) | 42,849,984 |
In Pike Township (Marion County), median gross rent is not measurably different from Marion County ($1,153).
It is also higher than in Indiana ($1,062).
It is lower than the national figure ($1,413).
In Marion County, Pike Township (Marion County) ranks 11 of 18 places with a published estimate, from highest to lowest median gross rent.
Statewide, it ranks 209 of 1,204.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How rent in Pike Township (Marion County) has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median gross rent | $906 (±$24) | $1,131 (±$37) | +24.8% | No measurable change after inflation |
| Households that rent | 47.7% (±1.5 points) | 44.1% (±2.3 points) | −3.6 percentage points | Measurable decrease |
| Rental vacancy rate | 6.8% (±1.6 points) | 2.6% (±1.3 points) | −4.2 percentage points | Measurable decrease |
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 Pike Township (Marion County)
| Place | Distance | Median gross rent | Compared with this place |
|---|---|---|---|
| Pike Township (Marion County) | — | $1,131 (±$37) | — |
| Clermont | 5.0 mi | $1,068 (±$251) | Not measurably different |
| Rocky Ripple | 5.3 mi | $1,463 (±$215) | Higher |
| Brown Township (Hendricks County) | 5.7 mi | $1,461 (±$232) | Higher |
| Speedway | 5.8 mi | $1,141 (±$35) | Not measurably different |
| Washington Township (Marion County) | 6.5 mi | $1,239 (±$28) | Higher |
| Brownsburg | 6.9 mi | $1,486 (±$102) | Higher |
| Lincoln Township (Hendricks County) | 7.1 mi | $1,452 (±$92) | Higher |
| Wayne Township (Marion County) | 7.2 mi | $1,117 (±$21) | Not measurably different |
Nearby places with a measurably higher figure: Rocky Ripple, IN ($1,463), Brown Township (Hendricks County), IN ($1,461), Washington Township (Marion County), IN ($1,239).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median gross rent across Marion County, place by place
| Rank | Place | Median gross rent |
|---|---|---|
| 5 | Lawrence | $1,178 (±$77) |
| 6 | Lawrence Township | $1,177 (±$38) |
| 7 | Center Township (Marion County) | $1,173 (±$26) |
| 8 | Cumberland | $1,157 (±$107) |
| 9 | Indianapolis | $1,156 (±$11) |
| 10 | Speedway | $1,141 (±$35) |
| 11 | Pike Township (Marion County) | $1,131 (±$37) |
| 12 | Wayne Township (Marion County) | $1,117 (±$21) |
| 13 | Perry Township (Marion County) | $1,092 (±$25) |
| 14 | Beech Grove | $1,091 (±$38) |
| 15 | Clermont | $1,068 (±$251) |
| 16 | Warren Township (Marion County) | $1,061 (±$30) |
| 17 | Southport | $1,029 (±$168) |
Showing 13 of 18 places in Marion 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 Pike Township (Marion County)
What is the average rent in Pike Township (Marion County), IN?
The Census Bureau publishes the median rather than the average: the median gross rent in Pike Township (Marion County) is $1,131 (±$37) 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 Pike Township (Marion County)?
In Pike Township (Marion County), the median gross rent went from $906 in 2015–2019 to $1,131 in 2020–2024 (+24.8%).
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 Pike Township (Marion County) cost more than $2,000 a month?
7.8% of rented homes in Pike Township (Marion County) have a gross rent of $2,000 or more a month, and 5.2% cost less than $500.
Is rent in Pike Township (Marion County) higher than in Marion County?
In Pike Township (Marion County), median gross rent is not measurably different from Marion County ($1,153).
It is also higher 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 — Pike township, Marion County, Indiana
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Pike township, Marion County, Indiana
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Pike township, Marion 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 Pike township, Marion County, Indiana (county subdivision:59742, in state:18 county:097).
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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- Population growth in Pike Township (Marion County)
- How long people stay in Pike Township (Marion County)
- Crowding and facilities in Pike Township (Marion County)
- Fair Market Rent in Pike Township (Marion County)
- Indiana landlord and tenant rules
- Housing across Marion County
- Indiana places ranked by median rent
- Housing data for every place in Indiana