Average Rent in Fountain County, IN↑ Rents rising 6.1% YoY🔻 7th cheapest in IN
HUD FY2027 · Official government data · Updated annually · Metro pop. 16,546
Market Overview
Fountain County, IN has rental prices ranging from $759/month to $1,695/month in 2027, depending on unit size. The typical 1-bedroom apartment rents for $775/month — 45% below the national average of $1,400/month. With a median household income of $62,526/year, spending $775/month on a 1-bedroom represents 15% of gross income — within the recommended 30% threshold.
How Fountain County Compares
With an average 2-bedroom rent of $1,014/month, Fountain County ranks #75 most expensive of the 81 cities tracked in Indiana — more affordable than 63% of all US cities in our data.
The Fountain County Rental Market
The Fountain County, IN area has a population of about 16,546 and 25% of households renting rather than owning. That renter share runs below the US average of ~34%, a more homeowner-heavy market where rental inventory can be limited.
Rent Trends
2-bedroom rents in Fountain County, IN have risen by $58/month (6.1%) over the past year, from $956 to $1,014. This modest growth is consistent with broader inflationary trends seen across US rental markets.
Affordability
To afford a 1-bedroom apartment in Fountain County, IN without exceeding the 30% housing cost guideline, a renter needs an annual income of approximately $31,000. The local median household income of $62,526 exceeds that threshold by $31,526, making Fountain County relatively accessible compared to local wages.
Economy & Jobs
Fountain County, IN has an unemployment rate of 3.4%, 0.5 percentage points below the national average of 3.9%. Strong employment conditions typically sustain rental demand, as workers relocate to the area and local residents maintain stable housing.
Fair Market Rents
HUD FY2027Is Fountain County, IN Affordable?
Income needed to rent or buy, price history, and how this city compares to nearby metros.
Affordability Index(30% income rule)
Nearby Cities in INlargest metros in the state
| City | Studio | 1BR | 2BR | 3BR | Home Value |
|---|---|---|---|---|---|
| Gary | $1,117 | $1,176 | $1,429 | $1,739 | — |
| Franklin County | $841 | $950 | $1,148 | $1,503 | — |
| Cincinnati | $1,052 | $1,128 | $1,442 | $1,897 | — |
| Anderson | $1,011 | $1,017 | $1,331 | $1,743 | — |
| Indianapolis | $1,187 | $1,336 | $1,536 | $1,991 | — |
| Louisville | $976 | $1,058 | $1,276 | $1,629 | — |
Rent or Buy in Fountain County?
Break-even analysis and mortgage estimates based on local market data.
Should I Rent or Buy?
Break-even analysis using real Fountain County data
Buying breaks even after 4 years — worth it if you stay 4+ years.
Living in Fountain County
Cost of living, job market, crime rates, and moving cost estimates.
Moving Cost Estimator
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Frequently Asked Questions
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💵Rent Affordability in Fountain CountySalary needed to afford rent here
🗺️All Cities in INSee how Fountain County ranks statewide
⚖️Compare Fountain CountySide-by-side rent & cost of living with any city
📋IN Tenant RightsDeposit limits, eviction laws & renters protections