Average Rent in Gibson County, IN↑ Rents rising 10.2% YoY
HUD FY2025 · Official government data · Updated annually · Metro pop. 32,986
Market Overview
Gibson County, IN has rental prices ranging from $760/month to $1,290/month in 2025, depending on unit size. The typical 1-bedroom apartment rents for $764/month — 45% below the national average of $1,400/month. With a median household income of $67,763/year, spending $764/month on a 1-bedroom represents 14% of gross income — within the recommended 30% threshold.
How Gibson County Compares
With an average 2-bedroom rent of $973/month, Gibson County ranks #30 most expensive of the 77 cities tracked in Indiana — pricier than 59% of all US cities in our data.
The Gibson County Rental Market
The Gibson County, IN area has a population of about 32,986 and 24% 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 Gibson County, IN have risen by $90/month (10.2%) over the past year, from $883 to $973. 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 Gibson County, IN without exceeding the 30% housing cost guideline, a renter needs an annual income of approximately $30,560. The local median household income of $67,763 exceeds that threshold by $37,203, making Gibson County relatively accessible compared to local wages.
Economy & Jobs
Gibson County, IN has an unemployment rate of 3.2%, 0.7 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 Gibson 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 Gibson County?
Break-even analysis and mortgage estimates based on local market data.
Should I Rent or Buy?
Break-even analysis using real Gibson County data
Buying breaks even after 5 years — worth it if you stay 5+ years.
Living in Gibson 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 Gibson CountySalary needed to afford rent here
🗺️All Cities in INSee how Gibson County ranks statewide
⚖️Compare Gibson CountySide-by-side rent & cost of living with any city
📋IN Tenant RightsDeposit limits, eviction laws & renters protections