What is the median rent in Walnut Township (Marshall County), IN?
The median gross rent in Walnut Township (Marshall County), IN is $975 (±$70) a month, according to the US Census Bureau’s 2020–2024 American Community Survey.
That is across 221 rented homes; gross rent is the contract rent plus the utilities and fuels a renter pays separately.
In Walnut Township (Marshall County), the median gross rent went from $757 in 2015–2019 to $975 in 2020–2024 (+28.8%).
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
- $975 (±$70)
- Rented homes
- 221 (±64)
- $2,000 or more
- 0.0%
- Since 2015–2019
- +28.8%
How much rent costs in Walnut Township (Marshall County)
| Monthly gross rent | Walnut Township (Marshall County) | Marshall County | Indiana | United States |
|---|---|---|---|---|
| Less than $500 | 8.6% (±5.6 points) | 6.2% | 7.1% | 6.3% |
| $500 to $999 | 47.1% (±15.9 points) | 54.9% | 36.9% | 20.2% |
| $1,000 to $1,499 | 35.3% (±16.9 points) | 30.7% | 38.5% | 28.1% |
| $1,500 to $1,999 | 9.0% (±9.7 points) | 6.2% | 12.0% | 21.1% |
| $2,000 to $2,499 | 0.0% (±15.6 points) | 1.2% | 3.6% | 12.0% |
| $2,500 to $2,999 | 0.0% (±15.6 points) | 0.0% | 1.0% | 5.5% |
| $3,000 or more | 0.0% (±15.6 points) | 0.9% | 0.9% | 6.8% |
The most common range is $500 to $999, paid by 47.1% of renting households.
0.0% of rented homes in Walnut Township (Marshall County) cost $2,000 or more a month.
Walnut Township (Marshall County) against Marshall County, its state and the nation
| Walnut Township (Marshall County) | Marshall County | Indiana | United States | |
|---|---|---|---|---|
| Median gross rent | $975 (±$70) | $938 (±$32) | $1,062 (±$5) | $1,413 |
| Rented homes paying rent | 221 (±64) | 3,876 (±437) | 758,146 (±6,704) | 42,849,984 |
In Walnut Township (Marshall County), median gross rent is not measurably different from Marshall County ($938).
It is also lower than in Indiana ($1,062).
It is lower than the national figure ($1,413).
In Marshall County, Walnut Township (Marshall County) ranks 2 of 15 places with a published estimate, from highest to lowest median gross rent.
Statewide, it ranks 409 of 1,204.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How rent in Walnut Township (Marshall County) has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median gross rent | $757 (±$79) | $975 (±$70) | +28.8% | No measurable change after inflation |
| Households that rent | 29.6% (±6.8 points) | 21.0% (±5.9 points) | −8.6 percentage points | Not a measurable change |
| Rental vacancy rate | 1.0% (±1.4 points) | 0.0% (±14.5 points) | −1.0 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 Walnut Township (Marshall County)
| Place | Distance | Median gross rent | Compared with this place |
|---|---|---|---|
| Walnut Township (Marshall County) | — | $975 (±$70) | — |
| Argos | 2.5 mi | $946 (±$57) | Not measurably different |
| Tippecanoe Township (Marshall County) | 5.5 mi | $749 (±$218) | Not measurably different |
| Bourbon | 7.0 mi | $891 (±$176) | Not measurably different |
| Newcastle Township | 7.4 mi | $837 (±$63) | Lower |
| Center Township (Marshall County) | 7.6 mi | $954 (±$46) | Not measurably different |
| Bourbon Township | 8.3 mi | $891 (±$176) | Not measurably different |
| Etna Green | 9.3 mi | $660 (±$88) | Lower |
| Mentone | 9.5 mi | $797 (±$180) | Not measurably different |
Nearby places with a measurably lower figure: Newcastle Township, IN ($837), Etna Green, IN ($660).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median gross rent across Marshall County, place by place
| Rank | Place | Median gross rent |
|---|---|---|
| 1 | West Township | $1,369 (±$118) |
| 2 | Walnut Township (Marshall County) | $975 (±$70) |
| 3 | Plymouth | $957 (±$42) |
| 4 | Center Township (Marshall County) | $954 (±$46) |
| 5 | German Township (Marshall County) | $949 (±$67) |
| 6 | Argos | $946 (±$57) |
| 7 | Bremen | $933 (±$82) |
| 8 | Polk Township (Marshall County) | $909 (±$231) |
Showing 8 of 15 places in Marshall 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 Walnut Township (Marshall County)
What is the average rent in Walnut Township (Marshall County), IN?
The Census Bureau publishes the median rather than the average: the median gross rent in Walnut Township (Marshall County) is $975 (±$70) 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 Walnut Township (Marshall County)?
In Walnut Township (Marshall County), the median gross rent went from $757 in 2015–2019 to $975 in 2020–2024 (+28.8%).
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 Walnut Township (Marshall County) cost more than $2,000 a month?
0.0% of rented homes in Walnut Township (Marshall County) have a gross rent of $2,000 or more a month, and 8.6% cost less than $500.
Is rent in Walnut Township (Marshall County) higher than in Marshall County?
In Walnut Township (Marshall County), median gross rent is not measurably different from Marshall County ($938).
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 — Walnut township, Marshall County, Indiana
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Walnut township, Marshall County, Indiana
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Walnut township, Marshall 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 Walnut township, Marshall County, Indiana (county subdivision:79820, in state:18 county:099).
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 .
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- Population growth in Walnut Township (Marshall County)
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- Housing data for every place in Indiana