Average Rent in Steuben County, IN↑ Rents rising 6.9% YoY

Steuben County, IN has rental prices ranging from $764/month to $1,338/month in 2025, depending on unit size. The typical 1-bedroom apartment rents for $769/month — 45% below the national average of $1,400/month. With a median household income of $71,483/year, spending $769/month on a 1-bedroom represents 13% of gross income — within the recommended 30% threshold.

How Steuben County Compares

With an average 2-bedroom rent of $1,009/month, Steuben County ranks #23 most expensive of the 77 cities tracked in Indiana — pricier than 66% of all US cities in our data.

The Steuben County Rental Market

The Steuben County, IN area has a population of about 34,648 and 20% 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 Steuben County, IN have risen by $65/month (6.9%) over the past year, from $944 to $1,009. This modest growth is consistent with broader inflationary trends seen across US rental markets.

Affordability

To afford a 1-bedroom apartment in Steuben County, IN without exceeding the 30% housing cost guideline, a renter needs an annual income of approximately $30,760. The local median household income of $71,483 exceeds that threshold by $40,723, making Steuben County relatively accessible compared to local wages.

Economy & Jobs

Steuben County, IN has an unemployment rate of 3.4%, 0.5 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 Steuben County, IN Affordable?

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

Rent or Buy in Steuben County?

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

Living in Steuben County

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