Average Rent in Fulton County, IN↑ Rents rising 7.3% YoY🔻 5th cheapest in IN
HUD FY2025 · Official government data · Updated annually · Metro pop. 20,411
Market Overview
Fulton County, IN has rental prices ranging from $652/month to $1,230/month in 2025, depending on unit size. The typical 1-bedroom apartment rents for $707/month — 49% below the national average of $1,400/month. With a median household income of $62,878/year, spending $707/month on a 1-bedroom represents 13% of gross income — within the recommended 30% threshold.
How Fulton County Compares
With an average 2-bedroom rent of $928/month, Fulton County ranks #73 most expensive of the 77 cities tracked in Indiana — more affordable than 64% of all US cities in our data.
The Fulton County Rental Market
The Fulton County, IN area has a population of about 20,411 and 22% 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 Fulton County, IN have risen by $63/month (7.3%) over the past year, from $865 to $928. This modest growth is consistent with broader inflationary trends seen across US rental markets.
Affordability
To afford a 1-bedroom apartment in Fulton County, IN without exceeding the 30% housing cost guideline, a renter needs an annual income of approximately $28,280. The local median household income of $62,878 exceeds that threshold by $34,598, making Fulton County relatively accessible compared to local wages.
Economy & Jobs
Fulton County, IN has an unemployment rate of 3.6%, 0.3 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 FY2025Is Fulton 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 | $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 Fulton County?
Break-even analysis and mortgage estimates based on local market data.
Should I Rent or Buy?
Break-even analysis using real Fulton County data
Renting appears to be the better financial choice for this scenario.
Living in Fulton County
Cost of living, job market, crime rates, and moving cost estimates.
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Frequently Asked Questions
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💵Rent Affordability in Fulton CountySalary needed to afford rent here
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