Average Rent in Jay County, IN↑ Rents rising 7.5% YoY🔻 5th cheapest in IN

Jay County, IN has rental prices ranging from $657/month to $1,230/month in 2025, depending on unit size. The typical 1-bedroom apartment rents for $708/month — 49% below the national average of $1,400/month. With a median household income of $54,114/year, spending $708/month on a 1-bedroom represents 16% of gross income — within the recommended 30% threshold.

How Jay County Compares

With an average 2-bedroom rent of $928/month, Jay County ranks #73 most expensive of the 77 cities tracked in Indiana — more affordable than 64% of all US cities in our data.

The Jay County Rental Market

The Jay County, IN area has a population of about 20,281 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 Jay County, IN have risen by $65/month (7.5%) over the past year, from $863 to $928. This modest growth is consistent with broader inflationary trends seen across US rental markets.

Affordability

To afford a 1-bedroom apartment in Jay County, IN without exceeding the 30% housing cost guideline, a renter needs an annual income of approximately $28,320. The local median household income of $54,114 exceeds that threshold by $25,794, making Jay County relatively accessible compared to local wages.

Economy & Jobs

Jay County, IN has an unemployment rate of 3.3%, 0.6 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.

Is Jay County, IN Affordable?

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

Rent or Buy in Jay County?

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

Living in Jay County

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