Rush County, Indiana Housing Market

In Rush County, Indiana, the median home value is $166,800, with a median monthly rent of $873. This places Rush County at #1867 nationally out of 3134 counties by median home value, and #58 within Indiana.

Median Home Value $166,800
Median Rent $873/mo
Owner Occupancy 74.9%
Price/Rent Ratio 15.9

📈 Price Trend (2017 → 2024)

📊 Recent Market Momentum (FHFA HPI)

FHFA House Price Index — All-Transactions, Annual (2000 = 100) · Latest: 2025

💡 Year-over-Year Trend: Home prices in Rush County rose +9.4% year-over-year as of 2025. (Source: FHFA)

📍 Economic Snapshot

💼

Employment & Wages

3,765
jobs (private sector)
  • Avg weekly wage: $1,022
  • Establishments: 401
  • BLS QCEW, 2025
🏗️

Housing Supply

30
new units authorized (2025)
  • Single-family: 30
  • Multi-family: 0
  • U.S. Census Bureau, Building Permits Survey
🚚

Migration Patterns

+243
net migration (filers, 2021-2022)
  • Inflow: 7,029 (avg $63,085)
  • Outflow: 6,786 (avg $63,490)
  • IRS Statistics of Income

📍 Sub-Market Activity

Top 1 active ZIP codes in Rush County · Latest: 2025

# ZIP Code HPI YoY Change Latest Year
1 46182 230.7 -19.59% 2025

Source: FHFA HPI for Five-Digit ZIP Codes (All-Transactions Index, 2000 = 100).
This product uses FHFA Data but is neither endorsed nor certified by FHFA.

How Rush County Compares

MetricRush CountyIndiana AverageU.S. Average
Median Home Value $166,800 $191,898 $227,706
Median Gross Rent $873 $910 $968
Owner Occupancy Rate 74.9% 76.3% 73.3%
Price/Rent Ratio 15.9 17.5 18.7

Market Analysis

The median home value in Rush County is 13.1% below the Indiana state average and 26.7% below the U.S. national average. The median rent of $873/month is 4.1% below the state average.

With a price-to-rent ratio of 15.9, the buy-vs-rent decision in Rush County is balanced. Whether buying or renting makes more sense depends on your time horizon, down payment capacity, and local market conditions.

Rush County has an owner-occupancy rate of 74.9%, compared to 76.3% in Indiana and 73.3% nationally. This indicates a more homeowner-heavy market than the U.S. average.

Similar Counties by Home Value

CountyStateMedian Home ValueMedian Rent
Pulaski County Kentucky $166,900 $803
Todd County Kentucky $166,700 $851
Somerset County Maine $166,900 $910
George County Mississippi $166,900 $844
Jasper County Missouri $166,900 $973

Other Counties in Indiana

CountyMedian Home ValueMedian RentOwner Occ.
Howard County $165,000 $937 70.6%
Clinton County $164,100 $920 74.2%
Perry County $163,400 $682 75.5%
Newton County $171,500 $918 81.1%
Montgomery County $171,800 $858 80.3%

Data Source: U.S. Census Bureau, American Community Survey (ACS) 2024 5-Year Estimates (2017–2024). Variables: B25077 (Median Home Value), B25064 (Median Gross Rent), B25003 (Tenure). Data collected on 2026-10-14. The price-to-rent ratio is calculated as Median Home Value ÷ (Median Monthly Rent × 12).