homesbycounty

Housing decision brief

Orange County, IN Housing Market

Orange County screens as a below-state purchase price, below-state rent, a manageable tax-rate signal market. Use the page as a decision brief, not just a price lookup, because local income, taxes, and data confidence change how affordable the county really is.

24th lowest home value out of 92 Indiana counties with data | 45th lowest rent out of 92

Median home value

$143,900

Purchase-price signal from Census ACS.

Median rent

$838/mo

Gross rent, including utilities where reported.

Monthly owner cost

$816/mo

Owner costs before individual loan terms.

Decision snapshot

Read this county in four signals.

See the benchmark matrix

Buy screen

2.2x

Median home value divided by local household income.

Rent burden

28.0%

Below 30% usually screens as less pressured.

Rent vs own

$22/mo

Median owner cost screens below median rent.

Data confidence

1 note

Crime coverage is partial, so safety comparisons need source context.

What Works

Lower purchase price

$143,900 median home value is 16% below Indiana county median

Lower rent

$838/mo is 1% below Indiana county median

Rent burden below pressure line

28.00% of renter income goes to rent, below the 30% burden threshold.

Owning screens cheaper than renting

Median owner costs are $22/mo below median rent before individual mortgage terms.

What to Check

Lower income base

$64,758 median income is 3% below Indiana county median

Crime data coverage

Crime data coverage is partial. Treat zero or low crime rates as incomplete until you check the source coverage.

Best Fit For

  • Buyers comparing homes to local incomes
  • Households weighing ownership against renting
  • Remote earners or cash buyers looking below the state price line

Poor Fit For

  • Households dependent on a deep local wage market
  • Anyone treating reported crime rates as complete without source context

County vs State vs National

The county number only matters after you see the benchmark. These comparisons show where Orange County is genuinely cheap, where it is average, and where the hidden cost may be.

Swipe sideways to see state and national benchmarks.
MetricCountyStateU.S.Signal

Median home value

Lower usually helps affordability.

$143,900$171,400$281,900
16% favorable16% below Indiana county median

Median gross rent

Lower usually helps affordability.

$838$850$1,163
Near state median1% below Indiana county median

Monthly owner cost

Lower usually helps affordability.

$816$898$1,672
9% favorable9% below Indiana county median

Median household income

$64,758$66,674$74,755
Near state median3% below Indiana county median

Effective property-tax rate

Lower usually helps affordability.

0.58%1.00%1.02%
42% favorable42% below Indiana county median

Rent burden

Lower usually helps affordability.

28.00%26.00%N/A
8% pressure28.00% of renter income goes to rent.

Income Fit

A low price only helps if local income can carry the monthly cost. This panel compares the county income base with rent and owner-cost thresholds.

Local median income$64,758
Income for median rent$33,520
Income for median owner cost$34,971

Rent cushion

+$31,238

Median income minus rent threshold.

Owner cushion

+$29,787

Median income minus owner-cost threshold.

Affordability Advisory

This turns the raw housing numbers into income and buy-versus-rent screens.

Affordability verdict

Housing in Orange County is affordable. The median rent is $838/month against a median household income of $64,758, putting rent at 15.5% of income.

Rent vs own

The median rent in Orange County is $838/month, while owner costs run $816/month. Owning saves approximately $22/month.

Income needed

To afford the median rent without exceeding 30% of gross income, a household needs to earn approximately $33,520/year. For owner costs at the 28% rule, the required income is roughly $34,971/year. With a median household income of $64,758, most households can comfortably afford rent here. Notably, 28.0% of renter households in Orange County are cost-burdened, spending more than 30% of income on housing.

Regional context

Compared to Vermillion County where rent averages $785/month, Orange County is approximately 7% more expensive.

Better Counties to Compare

Similar counties are matched on home value, rent, income, and state context. This is more useful than a simple nearest-price list.

CountyHome ValueRentWhy compare
Fulton County, IN$144,700$861/moSame-state comparison near $144,700 home value and $861/mo rent.
Huntington County, IN$146,400$866/moSame-state comparison near $146,400 home value and $866/mo rent.
Rush County, IN$155,900$831/moSame-state comparison near $155,900 home value and $831/mo rent.
Benton County, IN$135,400$834/moSame-state comparison near $135,400 home value and $834/mo rent.
Fountain County, IN$133,200$837/moSame-state comparison near $133,200 home value and $837/mo rent.

Housing Questions for Orange County

Is Orange County affordable for buying a home?
Orange County has a home-value-to-income ratio of 2.2x. Values under 3.0x usually screen as more affordable, but taxes and local income still matter.
Is renting or owning cheaper in Orange County?
Median rent is $838/mo and median monthly owner cost is $816/mo. On this screen, owning is cheaper before individual loan terms.
How much income do you need for housing in Orange County?
To keep rent near 30% of income, the median rent implies about $33,520 in annual income. Using a 28% owner-cost screen, median owner costs imply about $34,971 in annual income.
What should I double-check before moving to Orange County?
Double-check lower income base, crime data coverage. These items can change the real value of a low monthly housing cost.
By Evan Brooks, Data EditorUpdated Reviewed by Evan Brooks, Data Editor

Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.