Hancock Corner / Vandalia, IN

Neighborhood

Rent in Hancock Corner / Vandalia

Median Gross Rent

$1,118

Rent-to-Income Ratio

21.6%

Renter Share

14.6%

Avg Household Size

Median Rent by Bedrooms

Median monthly rent by number of bedrooms. Shows how rent scales with unit size in the area.

2 Bedrooms: $1,144
3 Bedrooms: $1,110

Data: U.S. Census Bureau, American Community Survey 5-Year Estimates, 2024·Sources

Gross Rent Distribution

How monthly rents are spread across the area. Helps you understand the typical rent range and where most units fall.

Under $1,000: 22.1%
$1,000-$1,500: 38.4%
$1,500-$2,000: 20.0%
$2,000-$2,500: 0.0%
$2,500+: 0.0%
No Cash Rent: 19.5%

Data: U.S. Census Bureau, American Community Survey 5-Year Estimates, 2024·Sources

Rent Burden

Share of renters spending a given portion of their income on rent. Spending 30%+ is considered cost-burdened by HUD standards.

Under 20% (comfortable): 35.8%
20-30% (moderate): 13.7%
30-50% (cost-burdened): 31.1%
50%+ (severely cost-burdened): 0.0%
Not Computed: 19.5%

Data: U.S. Census Bureau, American Community Survey 5-Year Estimates, 2024·Sources

Renters vs. Owners Median Income

Compares the median income of renter households to owner households in the same area.

Owner Households: $69,900

Data: U.S. Census Bureau, American Community Survey 5-Year Estimates, 2024·Sources

Contract Rent Distribution

Monthly rent before utilities. Compare with Gross Rent to estimate typical utility costs in the area.

Under $1,000: 60.5%
$1,000-$1,500: 20.0%
$1,500-$2,000: 0.0%
$2,000-$2,500: 0.0%
$2,500+: 0.0%
No Cash Rent: 19.5%

Data: U.S. Census Bureau, American Community Survey 5-Year Estimates, 2024·Sources

Nearby Neighborhoods in Hancock Corner / Vandalia

Arney / Hickory Corner

Carp / Wallace Junction