Cost of Living in Blackford County, Indiana

$635/mo
Median Monthly Rent
$96,700
Median Home Value

At a Glance

Median Monthly Rent
$635/mo
28% below state average
Median Home Value
$96,700
66% below national
Rent-to-Income Ratio
30.0%
% of income spent on rent

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

Affordability Rating
Unaffordable
Rent over 50% of income

How Blackford County Compares

Median monthly rent comparison

Blackford County$635/mo
Indiana Average$883/mo
National Median$1,163/mo

Detailed Housing Stats

$635/mo
Median Gross Rent
$96,700
Median Home Value
$682/mo
Monthly Owner Cost
30.0%
Rent-to-Income Ratio

National Ranking

Affordability Rank

Blackford County ranks #477 of 3,144 counties for affordability (top 15%)

Most AffordableLeast Affordable

Data Story

About Cost of Living in Blackford County, Indiana

Blackford County offers Indiana's lowest housing costs

Blackford County renters spend 16.0% of income on housing—below national affordability thresholds—while earning just $47,560 annually, placing this county among Indiana's lowest-income regions. At $635 monthly rent, Blackford delivers the state's most affordable rental market, though household incomes reflect limited economic opportunity.

Indiana's most affordable rental market

Blackford County's rent-to-income ratio of 16.0% matches the state average of 15.6%, but median rent of $635 is the lowest in Indiana—$248 cheaper than the state median of $883. This east-central county represents the deepest housing affordability available to Indiana renters.

Dramatically cheaper than surrounding counties

Blackford County's $635 rent undercuts every neighboring county—Adams ($799), Benton ($834), and Carroll ($874)—by substantial margins. Median home value of $96,700 also represents the lowest entry price in the region, making Blackford the budget option for rural Indiana housing.

Rock-bottom costs, rock-bottom income

Renters earning just $47,560 annually ($3,963 monthly) allocate $635 to rent, consuming 16.0% of gross income. Homeowners pay $682 monthly, maintaining affordable ratios but reflecting the county's broader economic struggles and limited job opportunities.

Maximum affordability comes with trade-offs

Blackford County offers Indiana's lowest housing costs at $635 rent and $96,700 median home values, but median household income of $47,560 signals limited employment and wage growth. Consider this county only if you have remote work or external income sources; otherwise, prioritize counties with stronger job markets that can support sustainable long-term relocation.

Cost of Living Advisory: Blackford County

Affordability Verdict

Housing in Blackford County is affordable. The median rent is $635/month against a median household income of $47,560, putting rent at 16.0% of income.

Rent vs. Own

Renters in Blackford County pay $635/month on average, compared to $682/month for homeowners. This market favors renters by about 7%.

Income Needed

To afford the median rent without exceeding 30% of gross income, a household needs to earn approximately $25,400/year. For owner costs at the 28% rule, the required income is roughly $29,229/year. With a median household income of $47,560, most households can comfortably afford rent here. Notably, 30.0% of renter households in Blackford County are cost-burdened, spending more than 30% of income on housing.

Regional Context

Within Indiana, Blackford County is less affordable than Starke County by roughly 8% ($635/mo vs $690/mo).

Affordability Calculator

See how your income compares to housing costs in Blackford County

$

Rent Burden

16.0%

of gross income

Max Housing (28% Rule)

$1,110

per month

Owner Cost Burden

17.2%

of gross income

You can likely afford the median home in Blackford County

Median home value is $96,700. Estimated monthly cost: $772 vs. your max of $1,110.

Rent Affordability Guide

Your rent-to-income ratio16.0%
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: $47,560Needed: $25,400
Owner Cost Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $47,560Needed: $29,229
Mortgage Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $47,560Needed: $22,505

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 Blackford County, Indiana?
Blackford County, Indiana has a median monthly rent of $635/mo and a median home value of $96,700. The affordability rating is Unaffordable, with rent making up approximately 30.0% of median household income.
What is the median rent in Blackford County?
The median gross rent in Blackford County is $635/mo. This is 28% below state average for Indiana.
Is Blackford County affordable?
Blackford County is rated Unaffordable based on rent-to-income ratio of 30.0%. Spending over 50% of income on rent is generally considered unaffordable.
How does Blackford County's rent compare to the state average?
Blackford County's median rent of $635/mo is 28% below state average of $883/mo for Indiana.
What is the median home value in Blackford County?
The median home value in Blackford County, Indiana is $96,700. This is 66% below the national median home value of $281,900.

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By Logan Johnson, Founder & Data EditorUpdated Reviewed by Logan Johnson, Founder & Data Editor

Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.

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