Average Rent in Ripley County, IN↑ Rents rising 6.8% YoY

Ripley County, IN has rental prices ranging from $677/month to $1,335/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 $71,084/year, spending $720/month on a 1-bedroom represents 12% of gross income — within the recommended 30% threshold.

How Ripley County Compares

With an average 2-bedroom rent of $944/month, Ripley County ranks #37 most expensive of the 77 cities tracked in Indiana — pricier than 55% of all US cities in our data.

The Ripley County Rental Market

The Ripley County, IN area has a population of about 29,039 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 Ripley County, IN have risen by $60/month (6.8%) over the past year, from $884 to $944. This modest growth is consistent with broader inflationary trends seen across US rental markets.

Affordability

To afford a 1-bedroom apartment in Ripley 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 $71,084 exceeds that threshold by $42,284, making Ripley County relatively accessible compared to local wages.

Economy & Jobs

Ripley 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.

Is Ripley County, IN Affordable?

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

Rent or Buy in Ripley County?

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

Living in Ripley County

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