Cost of Living in Fulton County, Indiana

$861/mo
Median Monthly Rent
$144,700
Median Home Value
2% below state averageUnaffordable

At a Glance

Median Monthly Rent
$861/mo
2% below state average
Median Home Value
$144,700
49% below national
Rent-to-Income Ratio
24.0%
% 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 Fulton County Compares

Median monthly rent comparison

Fulton County$861/mo
Indiana Average$883/mo
National Median$1,163/mo

Detailed Housing Stats

$861/mo
Median Gross Rent
$144,700
Median Home Value
$762/mo
Monthly Owner Cost
24.0%
Rent-to-Income Ratio

Data Story

About Cost of Living in Fulton County, Indiana

Fulton's rent crunch exceeds US norms

Fulton County renters spend 16.4% of their income on rent, slightly above the national trend but within reasonable bounds. With a median household income of $62,878—about 16% below the national average of $74,755—residents here feel the squeeze more acutely than raw percentages suggest.

Above Indiana's affordability line

Fulton's rent-to-income ratio of 16.4% places it above Indiana's state average of 15.6%, though not dramatically. The county's median rent of $861 falls slightly below the state average of $883, suggesting modest housing costs offset by lower-than-average incomes.

Mid-range among rural Indiana peers

Fulton's $861 rent sits between Greene County ($788) and Gibson County ($914), anchoring it in the affordability middle of rural north-central Indiana. Home buyers face median costs of $762/month—competitive with nearby counties but for properties worth just $144,700.

Where Fulton's housing dollars go

Renters dedicate $861 monthly while homeowners pay $762—making ownership slightly cheaper than renting for those who can access mortgages. Combined with a $62,878 median income, housing consumes nearly one-sixth of household budgets, leaving modest room for other expenses.

Budget-conscious buyers, take note

Fulton offers below-state-average rents and sub-$150,000 median home values for buyers willing to accept rural living and lower average incomes. Compare these numbers against Greene County's slightly cheaper rents or Hamilton County's higher-income stability to find your fit.

Affordability Calculator

See how your income compares to housing costs in Fulton County

$

Rent Burden

16.4%

of gross income

Max Housing (28% Rule)

$1,467

per month

Owner Cost Burden

14.5%

of gross income

You can likely afford the median home in Fulton County

Median home value is $144,700. Estimated monthly cost: $1,155 vs. your max of $1,467.

Rent Affordability Guide

Your rent-to-income ratio16.4%
Recommended max30.0%

Frequently Asked Questions

What is the cost of living in Fulton County, Indiana?
Fulton County, Indiana has a median monthly rent of $861/mo and a median home value of $144,700. The affordability rating is Unaffordable, with rent making up approximately 24.0% of median household income.
What is the median rent in Fulton County?
The median gross rent in Fulton County is $861/mo. This is 2% below state average for Indiana.
Is Fulton County affordable?
Fulton County is rated Unaffordable based on rent-to-income ratio of 24.0%. Spending over 50% of income on rent is generally considered unaffordable.
How does Fulton County's rent compare to the state average?
Fulton County's median rent of $861/mo is 2% below state average of $883/mo for Indiana.
What is the median home value in Fulton County?
The median home value in Fulton County, Indiana is $144,700. This is 49% below the national median home value of $281,900.
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Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.