CostBy County

Cost of Living in Allen County, Indiana

$1,021/mo
Median Monthly Rent
$214,900
Median Home Value

At a Glance

Median Monthly Rent
$1,021/mo
12% above state average
Median Home Value
$214,900
35% below national
Census GRAPI
28.3%
Median gross rent as % of renter income

Rent burden measured as median gross rent as a percentage of renter household income (Census ACS B25071)

Affordability Rating
Affordable
Median gross rent is under 30% of renter household income

These figures are county medians, not a personal budget. Use them to frame rent, ownership, and income tradeoffs, then account for household size, commute, financing, insurance, taxes, debt, and local availability before making a decision.

How Allen County Compares

Median monthly rent comparison

Allen County$1,021/mo
Indiana Average$911/mo
National Median$1,413/mo

Detailed Housing Stats

$1,021/mo
Median Gross Rent
$214,900
Median Home Value
$1,019/mo
Monthly Owner Cost
28.3%
Census GRAPI

National Ranking

Affordability Rank

Allen County ranks #2,237 of 3,142 counties for affordability (bottom 29%)

Most AffordableLeast Affordable

Sourced county brief

Allen County Median Gross Rent Exceeds State Unweighted County Mean

The median gross rent in Allen County was estimated at $1,021 per month, which is $110 higher than the Indiana unweighted county mean of $911. According to official ACS B25071 data, the median gross rent as a percentage of household income (GRAPI) is 28.3 percent, positioned 1.4 percentage points above the state unweighted county mean of 26.9 percent. The median home value is $214,900, while the median monthly owner cost for all owner-occupied units is $1,019. In comparison, the state unweighted county mean for home values is $191,899 and for owner costs is $951. Renter-households in the county have a median income of $43,178. These statistics provide a specific overview of local housing expenditures based on the 2020-2024 five-year survey period. See ACS table B25071 for the underlying estimate.

Cost of Living Advisory: Allen County

Affordability Verdict

ACS B25071 estimates median gross rent at 28.3% of renter household income in Allen County, which is below the 30% affordability benchmark. This is a median percentage among renter-occupied units, not the share of households above a threshold.

Rent vs. Own

Median gross rent is $1,021 per month; median selected monthly owner costs are $1,019. These ACS medians describe different tenure groups and are not a personalized rent-versus-buy calculation.

Income Needed

Using the common 30% budgeting benchmark, $40,840 in annual gross income would allocate 30% to the county's median gross rent. This is a reproducible illustration, not evidence that a particular household can afford housing.

Regional Context

The Indiana unweighted mean of county median rents is $911 per month. Allen County's $1,021 median is 12.1% above that comparison value.

Data version acs5-2020-2024 · Method cost-advisory-v2

Affordability Calculator

See how your income compares to housing costs in Allen County

$

Rent Burden

17.3%

of gross income

Max Housing (28% Rule)

$1,651

per month

Owner Cost Burden

17.3%

of gross income

The median home in Allen County may be a stretch

Median home value is $214,900. Estimated monthly cost: $1,716 vs. your max of $1,651.

Rent Affordability Guide

Your entered rent as a share of entered income17.3%
Recommended max30.0%

Income Needed Calculator

See how much you need to earn to comfortably afford housing

$
Rent Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $70,737Needed: $40,840
Owner Cost Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $70,737Needed: $43,671
Mortgage Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $70,737Needed: $50,013

Based on the 30% rule for rent and 28% rule for housing costs (mortgage + owner costs). Mortgage estimate assumes 20% down, 7.2% interest, 30-year fixed.

Frequently Asked Questions

What is the cost of living in Allen County, Indiana?
Allen County, Indiana has a median monthly rent of $1,021/mo and a median home value of $214,900. The affordability rating is Affordable, with median gross rent equal to approximately 28.3% of renter household income.
What is the median rent in Allen County?
The median gross rent in Allen County is $1,021/mo. This is 12% above state average for Indiana.
Is Allen County affordable?
Allen County is rated Affordable using the Census median gross-rent-as-a-percentage-of-income measure of 28.3%. Median gross rent is under 30% of renter household income.
How does Allen County's rent compare to the state average?
Allen County's median rent of $1,021/mo is 12% above state average of $911/mo for Indiana.
What is the median home value in Allen County?
The median home value in Allen County, Indiana is $214,900. This is 35% below the national median home value of $332,700.

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Published by the CostByCounty Editorial Team. See our methodology and corrections policy.Data build reviewed 2026-07-09; first published 2026-03-10.

Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2020-2024). Data is informational only and is not personalized financial advice.

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