Cost of Living in Ohio County, Indiana

$852/mo
Median Monthly Rent
$193,500
Median Home Value

At a Glance

Median Monthly Rent
$852/mo
4% below state average
Median Home Value
$193,500
31% below national
Rent-to-Income Ratio
34.0%
% 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 Ohio County Compares

Median monthly rent comparison

Ohio County$852/mo
Indiana Average$883/mo
National Median$1,163/mo

Detailed Housing Stats

$852/mo
Median Gross Rent
$193,500
Median Home Value
$946/mo
Monthly Owner Cost
34.0%
Rent-to-Income Ratio

National Ranking

Affordability Rank

Ohio County ranks #120 of 3,144 counties for affordability (top 4%)

Most AffordableLeast Affordable

Data Story

About Cost of Living in Ohio County, Indiana

Ohio County rents slightly elevated.

At 15.1%, Ohio County's rent-to-income ratio edges above the national standard, placing it just below what most American renters experience. The $852 monthly rent reflects a moderate cost relative to the county's $67,942 median household income, though less generous than national averages.

Mid-range affordability in Indiana.

Ohio County's 15.1% rent-to-income ratio sits just below Indiana's 15.6% state average, keeping it competitive with other counties statewide. This near-average standing suggests Ohio County offers typical Indiana-level housing costs without premium pricing.

Pricier rentals, pricier homes.

Ohio County's $852 rent is higher than Noble County ($776) and Orange County ($838), reflecting its position as a slightly pricier option in the region. However, its median home value of $193,500 remains reasonable for homebuyers seeking moderate-priced properties.

Housing splits income fairly evenly.

The typical Ohio County household earning $67,942 spends 15.1% of income on rent ($852/month) or 16.8% on mortgage costs ($946/month). This balanced housing burden leaves meaningful income available for other expenses, though less cushion than lower-cost counties nearby.

Balanced living near larger markets.

Ohio County offers reasonable housing costs with proximity to regional opportunities, making it smart for those seeking affordability plus accessibility. Run the numbers against your current situation—the moderate rent might free up budget room while keeping you near what you need.

Cost of Living Advisory: Ohio County

Affordability Verdict

For renters in Ohio County, the market is affordable. Expect to pay around $852/month in gross rent, with 34.0% of renter households considered cost-burdened.

Rent vs. Own

Renters in Ohio County pay $852/month on average, compared to $946/month for homeowners. This market favors renters by about 10%.

Income Needed

To afford the median rent without exceeding 30% of gross income, a household needs to earn approximately $34,080/year. For owner costs at the 28% rule, the required income is roughly $40,543/year. With a median household income of $67,942, most households can comfortably afford rent here. Notably, 34.0% of renter households in Ohio County are cost-burdened, spending more than 30% of income on housing.

Regional Context

Within Indiana, Ohio County is more affordable than Dubois County by roughly 6% ($852/mo vs $801/mo).

Affordability Calculator

See how your income compares to housing costs in Ohio County

$

Rent Burden

15.0%

of gross income

Max Housing (28% Rule)

$1,585

per month

Owner Cost Burden

16.7%

of gross income

You can likely afford the median home in Ohio County

Median home value is $193,500. Estimated monthly cost: $1,545 vs. your max of $1,585.

Rent Affordability Guide

Your rent-to-income ratio15.0%
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: $67,942Needed: $34,080
Owner Cost Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $67,942Needed: $40,543
Mortgage Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $67,942Needed: $45,033

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 Ohio County, Indiana?
Ohio County, Indiana has a median monthly rent of $852/mo and a median home value of $193,500. The affordability rating is Unaffordable, with rent making up approximately 34.0% of median household income.
What is the median rent in Ohio County?
The median gross rent in Ohio County is $852/mo. This is 4% below state average for Indiana.
Is Ohio County affordable?
Ohio County is rated Unaffordable based on rent-to-income ratio of 34.0%. Spending over 50% of income on rent is generally considered unaffordable.
How does Ohio County's rent compare to the state average?
Ohio County's median rent of $852/mo is 4% below state average of $883/mo for Indiana.
What is the median home value in Ohio County?
The median home value in Ohio County, Indiana is $193,500. This is 31% 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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