Cost of Living in Dearborn County, Indiana

$848/mo

Median Monthly Rent

$227,100

Median Home Value

4% below state averageUnaffordable

At a Glance

Median Monthly Rent

$848/mo

4% below state average

Median Home Value

$227,100

19% below national

Rent-to-Income Ratio

27.0%

% 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 Dearborn County Compares

Median monthly rent comparison

Dearborn County$848/mo

Indiana Average$883/mo

National Median$1,163/mo

Detailed Housing Stats

$848/mo

Median Gross Rent

$227,100

Median Home Value

$1,110/mo

Monthly Owner Cost

27.0%

Rent-to-Income Ratio

Data Story

About Cost of Living in Dearborn County, Indiana

Dearborn County's exceptional affordability

Dearborn County residents spend just 12.3% of their $82,693 income on rent—the lowest ratio in the entire region and well below the national and state averages. This exceptional affordability combines the highest median household income in the county set with moderate housing costs.

Dearborn leads Indiana affordability

Dearborn County's 12.3% rent-to-income ratio ranks it among Indiana's most affordable counties, significantly below the state average of 15.6%. This superior performance reflects the county's combination of strong wages and reasonable rents.

Dearborn's winning affordability formula

Dearborn County's $848 monthly rent undercuts Clark ($1,058) and Clinton ($915) while matching Cass and Daviess, but paired with the region's highest median income of $82,693, it delivers the lowest rent-to-income ratio at 12.3%. This combination makes Dearborn the clear affordability leader.

Dearborn's income-to-housing balance

Dearborn residents with the region's highest median household income of $82,693 dedicate $848 to rent or $1,110 to mortgage payments—consuming just 12.3% and 16.1% of income respectively. Home values of $227,100 remain accessible given strong local wages.

Dearborn: Premium affordability choice

If you're relocating and prioritizing housing affordability with strong local income potential, Dearborn County is Indiana's top choice at 12.3% rent-to-income ratio. This southeastern Indiana county near Cincinnati offers exceptional value: lowest housing cost burden in the region paired with highest median wages.

Affordability Calculator

See how your income compares to housing costs in Dearborn County

Your Annual Household Income

Rent Burden

12.3%

of gross income

Max Housing (28% Rule)

$1,930

per month

Owner Cost Burden

16.1%

of gross income

You can likely afford the median home in Dearborn County

Median home value is $227,100. Estimated monthly cost: $1,813 vs. your max of $1,930.

Rent Affordability Guide

Your rent-to-income ratio12.3%

Recommended max30.0%

Frequently Asked Questions

What is the cost of living in Dearborn County, Indiana?

Dearborn County, Indiana has a median monthly rent of $848/mo and a median home value of $227,100. The affordability rating is Unaffordable, with rent making up approximately 27.0% of median household income.

What is the median rent in Dearborn County?

The median gross rent in Dearborn County is $848/mo. This is 4% below state average for Indiana.

Is Dearborn County affordable?

Dearborn County is rated Unaffordable based on rent-to-income ratio of 27.0%. Spending over 50% of income on rent is generally considered unaffordable.

How does Dearborn County's rent compare to the state average?

Dearborn County's median rent of $848/mo is 4% below state average of $883/mo for Indiana.

What is the median home value in Dearborn County?

The median home value in Dearborn County, Indiana is $227,100. This is 19% below the national median home value of $281,900.