Cost of Living in Clark County, Indiana
At a Glance
Rent burden measured as median gross rent as a percentage of renter household income (Census ACS B25071)
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 Clark County Compares
Median monthly rent comparison
Detailed Housing Stats
National Ranking
Affordability Rank
Clark County ranks #2,459 of 3,142 counties for affordability (bottom 22%)
Sourced county brief
Median Gross Rent in Clark County Reaches $1,129 Per Month
The median gross rent in Clark County, Indiana, was estimated at $1,129 per month during the 2020-2024 period. This figure is $218 above the Indiana unweighted county mean of $911 per month. The median home value in the county was $222,900, while the state unweighted county mean stood at $191,899. For those in renter-occupied housing, the median gross rent as a percentage of household income (GRAPI) was 28.1%. This official ACS B25071 metric is 1.2 percentage points higher than the Indiana unweighted county mean of 26.9%. Median selected monthly owner costs for all owner-occupied units were $1,106, compared to a state unweighted mean of $951. Renter households in the county had a median income of $47,524. All data points are derived from the U.S. Census Bureau ACS 5-year estimates. See ACS table B25071 for the underlying estimate.
Source record
- U.S. Census Bureau ACS 2020-2024 5-Year Estimates — B25064 Median Gross Rent
- U.S. Census Bureau ACS 2020-2024 5-Year Estimates — B25071 GRAPI
- U.S. Census Bureau ACS 2020-2024 5-Year Estimates — B25077 Median Home Value
- U.S. Census Bureau ACS 2020-2024 5-Year Estimates — B25088 Selected Monthly Owner Costs
- U.S. Census Bureau ACS 2020-2024 5-Year Estimates — B25119 Household Income by Tenure
Data version acs5-2020-2024 · Method cost-brief-v1
Cost of Living Advisory: Clark County
Affordability Verdict
ACS B25071 estimates median gross rent at 28.1% of renter household income in Clark 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 $1,129 per month; median selected monthly owner costs are $1,106. These ACS medians describe different tenure groups and are not a personalized rent-versus-buy calculation.
Income Needed
Using the common 30% budgeting benchmark, $45,160 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. Clark County's $1,129 median is 24.0% above that comparison value.
Data version acs5-2020-2024 · Method cost-advisory-v2
Affordability Calculator
See how your income compares to housing costs in Clark County
Rent Burden
18.3%
of gross income
Max Housing (28% Rule)
$1,732
per month
Owner Cost Burden
17.9%
of gross income
The median home in Clark County may be a stretch
Median home value is $222,900. Estimated monthly cost: $1,779 vs. your max of $1,732.
Rent Affordability Guide
Income Needed Calculator
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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
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See Today's RatesData: 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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