Average Rent in Jasper County, IN↑ Rents rising 0.9% YoY🔺 9th priciest in IN
HUD FY2025 · Official government data · Updated annually · Metro pop. 33,198
Market Overview
Jasper County, IN has rental prices ranging from $878/month to $1,537/month in 2025, depending on unit size. The typical 1-bedroom apartment rents for $883/month — 37% below the national average of $1,400/month. With a median household income of $79,634/year, spending $883/month on a 1-bedroom represents 13% of gross income — within the recommended 30% threshold.
How Jasper County Compares
With an average 2-bedroom rent of $1,159/month, Jasper County ranks #9 most expensive of the 77 cities tracked in Indiana — pricier than 79% of all US cities in our data.
The Jasper County Rental Market
The Jasper County, IN area has a population of about 33,198 and 17% 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 Jasper County, IN have risen by $10/month (0.9%) over the past year, from $1,149 to $1,159. Rents have remained relatively stable year over year, indicating a balanced rental market in the area.
Affordability
To afford a 1-bedroom apartment in Jasper County, IN without exceeding the 30% housing cost guideline, a renter needs an annual income of approximately $35,320. The local median household income of $79,634 exceeds that threshold by $44,314, making Jasper County relatively accessible compared to local wages.
Economy & Jobs
Jasper 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 Jasper 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 Jasper County?
Break-even analysis and mortgage estimates based on local market data.
Should I Rent or Buy?
Break-even analysis using real Jasper County data
Buying breaks even after 1 year — worth it if you stay 1+ years.
Living in Jasper 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 Jasper CountySalary needed to afford rent here
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