Cost of Living in Noble County, Indiana
At a Glance
Rent burden measured as median gross rent as a percentage of renter household income (Census ACS B25071)
How Noble County Compares
Median monthly rent comparison
Detailed Housing Stats
Data Story
About Cost of Living in Noble County, Indiana
Noble County rents are affordable.
At 13.1%, Noble County's rent-to-income ratio sits well below the national average, meaning renters here spend less of their paycheck on housing than typical Americans. The median rent of $776 per month is significantly lower than what you'd find in many parts of the country, making Noble County an attractive option for cost-conscious households.
Best affordability in Indiana.
Noble County ties for the lowest rent-to-income ratio in Indiana at 13.1%, beating the state average of 15.6% by a notable margin. This places Noble County among the most affordable counties in the state for renters, offering substantial relief compared to neighbors struggling with higher housing cost burdens.
Cheaper than nearby counties.
Noble County's $776 median rent undercuts Ohio County's $852 and Orange County's $838, making it the rental bargain of the region. With a median home value of $183,400, Noble County also offers reasonable entry prices for buyers compared to the regional competition.
Housing takes modest share here.
On a $70,908 median household income, the typical Noble County household dedicates 13.1% of earnings to rent ($776/month) or 16.1% to mortgage costs ($952/month). This leaves substantial room in family budgets for other necessities and savings, a luxury not available in higher-cost regions.
Ready to stretch your paycheck?
If housing affordability is your priority, Noble County delivers value without sacrificing quality of life. Compare these numbers to your current housing costs—you might find that moving here frees up hundreds of dollars monthly for your family's other goals.
Affordability Calculator
See how your income compares to housing costs in Noble County
Rent Burden
13.1%
of gross income
Max Housing (28% Rule)
$1,655
per month
Owner Cost Burden
16.1%
of gross income
You can likely afford the median home in Noble County
Median home value is $183,400. Estimated monthly cost: $1,464 vs. your max of $1,655.
Rent Affordability Guide
Frequently Asked Questions
What is the cost of living in Noble County, Indiana?
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See Today's RatesData: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.