Cost of Living in Orange County, Indiana

$838/mo
Median Monthly Rent
$143,900
Median Home Value
5% below state averageUnaffordable

At a Glance

Median Monthly Rent
$838/mo
5% below state average
Median Home Value
$143,900
49% below national
Rent-to-Income Ratio
28.0%
% 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 Orange County Compares

Median monthly rent comparison

Orange County$838/mo
Indiana Average$883/mo
National Median$1,163/mo

Detailed Housing Stats

$838/mo
Median Gross Rent
$143,900
Median Home Value
$816/mo
Monthly Owner Cost
28.0%
Rent-to-Income Ratio

Data Story

About Cost of Living in Orange County, Indiana

Orange County rents are reasonable.

At 15.5%, Orange County's rent-to-income ratio sits just below the national average, making housing here a relatively balanced proposition. The $838 monthly rent reflects modest costs for the county's $64,758 median income, though this is one of the lower-income counties in the comparison group.

Near-average costs within Indiana.

Orange County's 15.5% rent-to-income ratio runs nearly identical to Indiana's 15.6% state average, positioning it as a typical Indiana housing market. This consistency means Orange County offers renters what they'd expect to pay anywhere across the state.

Middle ground between extremes.

Orange County's $838 rent falls between Noble County's bargain $776 and Ohio County's $852, making it a middle-ground choice regionally. Its notably low median home value of $143,900 makes Orange County the most affordable county for buyers in this region.

Modest income, manageable costs.

With a $64,758 median household income, Orange County residents allocate 15.5% to rent ($838/month) or 15.2% to mortgage costs ($816/month). The lower home costs here mean buyers can access homeownership more easily than in neighboring counties, despite the lower overall income levels.

Affordable entry to homeownership.

Orange County combines low home values ($143,900 median) with reasonable rents, making it ideal for first-time buyers or renters prioritizing affordability. If lower housing costs are essential to your move, Orange County's numbers show you'd stretch your dollars further here.

Affordability Calculator

See how your income compares to housing costs in Orange County

$

Rent Burden

15.5%

of gross income

Max Housing (28% Rule)

$1,511

per month

Owner Cost Burden

15.1%

of gross income

You can likely afford the median home in Orange County

Median home value is $143,900. Estimated monthly cost: $1,149 vs. your max of $1,511.

Rent Affordability Guide

Your rent-to-income ratio15.5%
Recommended max30.0%

Frequently Asked Questions

What is the cost of living in Orange County, Indiana?
Orange County, Indiana has a median monthly rent of $838/mo and a median home value of $143,900. The affordability rating is Unaffordable, with rent making up approximately 28.0% of median household income.
What is the median rent in Orange County?
The median gross rent in Orange County is $838/mo. This is 5% below state average for Indiana.
Is Orange County affordable?
Orange County is rated Unaffordable based on rent-to-income ratio of 28.0%. Spending over 50% of income on rent is generally considered unaffordable.
How does Orange County's rent compare to the state average?
Orange County's median rent of $838/mo is 5% below state average of $883/mo for Indiana.
What is the median home value in Orange County?
The median home value in Orange County, Indiana is $143,900. 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.