RentData

Average Rent in LaGrange County, IN Rents rising 9.5% YoY

HUD FY2025 · Official government data · Updated annually · Metro pop. 40,596

Data review: HUD FY2025Sources: HUD, Zillow, Census, BLSMethodologyEditorial standardsReport a correction

Market Overview

LaGrange County, IN has rental prices ranging from $716/month to $1,253/month in 2025, depending on unit size. The typical 1-bedroom apartment rents for $720/month — 49% below the national average of $1,400/month. With a median household income of $83,741/year, spending $720/month on a 1-bedroom represents 10% of gross income — within the recommended 30% threshold.

How LaGrange County Compares

With an average 2-bedroom rent of $945/month, LaGrange County ranks #36 most expensive of the 77 cities tracked in Indiana — pricier than 55% of all US cities in our data.

The LaGrange County Rental Market

The LaGrange County, IN area has a population of about 40,596 and 18% 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 LaGrange County, IN have risen by $82/month (9.5%) over the past year, from $863 to $945. This rate of increase is significant and reflects strong rental demand and limited housing supply in the local market.

Affordability

To afford a 1-bedroom apartment in LaGrange County, IN without exceeding the 30% housing cost guideline, a renter needs an annual income of approximately $28,800. The local median household income of $83,741 exceeds that threshold by $54,941, making LaGrange County relatively accessible compared to local wages.

Economy & Jobs

LaGrange County, IN has an unemployment rate of 3.5%, 0.4 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 FY2025
Studio
$716
Affordable
1 Bedroom
$720
Affordable
2 Bedrooms
$945
9.5% YoY
Affordable
3 Bedrooms
$1,184
Affordable
4 Bedrooms
$1,253
Affordable
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Is LaGrange County, IN Affordable?

Income needed to rent or buy, price history, and how this city compares to nearby metros.

Affordability Index(30% income rule)

To rent a 2BR
$37,800/year
Local median income: $83,741
To buy a median home
/year
US national median: $75,000
💡 Based on a 2BR rent of $945/month and 20% down on a home at 7% rate.

Nearby Cities in INlargest metros in the state

CityStudio1BR2BR3BRHome Value
Gary$860$985$1,197$1,475
Franklin County$727$802$1,052$1,389
Cincinnati$883$993$1,287$1,707
Anderson$759$803$1,054$1,379
Indianapolis$955$1,097$1,283$1,669
Louisville$1,003$1,094$1,330$1,714

Rent or Buy in LaGrange County?

Break-even analysis and mortgage estimates based on local market data.

Should I Rent or Buy?

Break-even analysis using real LaGrange County data

$
Home Value
$350,000
2BR Rent
$945/mo
Mortgage Rate
7%
Monthly P&I
$1,863/mo
🏠 Buy

Buying breaks even after 5 years — worth it if you stay 5+ years.

Total monthly buy cost: $2,577/movs rent: $945/mo
Estimates only. Excludes HOA, PMI (if <20% down), closing costs, and tax benefits. Assumes 5% return on invested down payment.

Living in LaGrange County

Cost of living, job market, crime rates, and moving cost estimates.

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Frequently Asked Questions

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🏘️Neighborhoods in LaGrange County

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💵Rent Affordability in LaGrange County

Salary needed to afford rent here

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📋IN Tenant Rights

Deposit limits, eviction laws & renters protections