Department of Numbers

Bartholomew County Indiana Residential Rent and Rental Statistics

The median monthly gross residential rent in Bartholomew County IN was $871 in 2017 according to the Census ACS survey.1 Average gross rent in Bartholomew County was $804 in 2017. The median rent more accurately depicts rental rates in the middle of the distribution of rents and is thus preferred in the analysis below. 2018 Bartholomew County median and average rent data will be released in September of 2019.

Data is also available below for Bartholomew County rental vacancy rates, Bartholomew County rent as a percent of median income and the fraction of renters in Bartholomew County.

Show dollars as: Nominal Real

Real Gross Rent in Bartholomew County Indiana (2017 dollars)2

2017 1 Year Change 3 Year Change
US Median Gross Rent $1,012 +1.61% +5.86%
Indiana Median Gross Rent $793 +1.67% +2.85%
Bartholomew County IN Median Gross Rent $871 -2.35% +5.07%

Bartholomew County IN Real Gross Rent Trends

Median gross rent for Bartholomew County peaked in real terms in 2016 at $892 and is now $21 (2.35%) lower. Average gross rent for Bartholomew County peaked in real terms in 2008 at $883 and is now $79 (8.95%) lower. From a recent low of 723.0 in 2009, real average gross rent has now increased by $81 (11.20%).

Real Gross Rent: Bartholomew County IN Median, Bartholomew County IN Average, Indiana Median, US Median

Lower quartile, median and upper quartile real gross rent

Real Gross Rent History for Bartholomew County

Date US
Median
Indiana
Median
Bartholomew County IN
Median
Bartholomew County IN
Average
2017 $1,012 $793 $871 $804
2016 $996 $780 $892 $826
2015 $987 $780 $868 $808
2014 $956 $771 $829 $815
2013 $924 $746 $759 $798
2012 $912 $738 $813 $814
2011 $912 $741 $807 $801
2010 $927 $740 $814 $784
2009 $931 $759 $798 $723
2008 $947 $770 $862 $883
2007 $899 $727 $828 $773
2006 $909 $760 $811 $775

Bartholomew County Rental Vacancy Rate

The rental vacancy rate is the fraction of homes for rent that are not occupied.3 In 2012 the rental vacancy rate for Bartholomew County Indiana was 9.70% according to Census ACS data.

Rental Vacancy Rate in Bartholomew County Indiana

2017 1 Year Change 3 Year Change
US 6.18% +0.29% -0.14%
Indiana 7.14% +0.18% -0.95%
Bartholomew County IN

Trends in Bartholomew County IN Rental Vacancy Rate

At 9.70%, Bartholomew County residential rental vacancy rate in 2012 is at the highest point since 2005, the beginning of our reporting for this series.

Rental Vacancy Rate: Bartholomew County IN, Indiana, US

Rental vacancy rate in Indiana

Historical Rental Vacancy Rate data for Bartholomew County

Date US Indiana Bartholomew County IN
2017 6.18% 7.14%
2016 5.89% 6.96%
2015 5.85% 7.94%
2014 6.32% 8.09%
2013 6.49% 7.00%
2012 6.77% 8.43% 9.70%
2011 7.40% 8.47% 1.92%
2010 8.17% 8.78%
2009 8.43% 10.44%
2008 7.86% 9.02%
2007 7.87% 9.72%
2006 7.70% 11.17%

Rent as a Fraction of Income

Using median household income data for Bartholomew County, we can calculate the fraction of income the median household would use to pay rent at the median monthly gross rent rate. For Bartholomew County, median monthly gross rent as a fraction of median household income was 16.99% in 2017 according to the ACS.

Bartholomew County Indiana Median Annual Rent as a Fraction of Median Household Income

2017 1 Year Change 3 Year Change
US 20.13% -0.30% -0.76%
Indiana 17.56% -0.05% -0.71%
Bartholomew County IN 16.99% -0.84% -1.35%

Trends in Bartholomew County IN Rent as a Fraction of Income

The fraction of median Bartholomew County household income required to pay median monthly gross rent peaked in 2010 (relative to the 2005 series origin) at 19.10%. Since then it has fallen by 2.11% to 16.99%.

Fraction of Income towards Rent: Bartholomew County IN, Indiana, US

Percent of median household income going towards median monthly gross rent in Bartholomew County Indiana

Historical Data for Annual Rent as a Fraction of Income in Bartholomew County Indiana

Date US Indiana Bartholomew County IN
2017 20.13% 17.56% 16.99%
2016 20.43% 17.62% 17.83%
2015 20.63% 18.00% 18.60%
2014 20.89% 18.27% 18.34%
2013 20.78% 18.43% 16.98%
2012 20.65% 18.27% 17.62%
2011 20.70% 18.27% 17.05%
2010 20.50% 18.37% 19.10%
2009 20.12% 18.15% 17.53%
2008 19.00% 16.76% 17.67%
2007 18.66% 16.14% 16.03%
2006 18.90% 16.87% 16.40%

Renter Fraction in Bartholomew County Indiana

You can calculate the renter fraction in Bartholomew County in at least two ways: by housing units or by population. I've gone with the housing units measure here. This measure looks at the number of renting households in Bartholomew County as a fraction of total Bartholomew County households. In 2017 29.14% of households were renters according to Census ACS data.

Bartholomew County Fraction of Renters by Household Units

2017 1 Year Change 3 Year Change
US 36.13% -0.75% -0.77%
Indiana 30.96% -0.69% -0.46%
Bartholomew County IN 29.14% -0.55% -1.03%

Trends in the Bartholomew County IN Renter Fraction

The Bartholomew County household renter fraction peaked in in 2010 at 32.75% and is now 3.61% below that level. The origin year for the series is 2005.

Fraction of Renting Households: Bartholomew County IN, Indiana, US

Fraction of renters in Bartholomew County

History of Bartholomew County Renter Fraction

Date US Indiana Bartholomew County IN
2017 36.13% 30.96% 29.14%
2016 36.88% 31.65% 29.69%
2015 36.97% 31.82% 28.80%
2014 36.90% 31.42% 30.17%
2013 36.50% 31.48% 30.54%
2012 36.09% 30.62% 28.72%
2011 35.42% 30.28% 28.10%
2010 34.65% 29.71% 32.75%
2009 34.13% 29.57% 26.74%
2008 33.36% 28.17% 23.77%
2007 32.80% 28.37% 26.62%
2006 32.73% 27.88% 24.23%

1. Gross rent is defined as contract rent plus the estimated average monthly cost of utilities (electricity, gas, water, and sewer) and fuel (oil, coal, kerosene, wood, etc.). Because some rentals include utilities and others don't, gross rent is a way of normalizing the variability.

2. Real dollars are calculated using the CPI-U less shelter series.

3. The rental vacancy rate is computed by dividing the number of vacant units for rent by the sum of the renter-occupied units, vacant units that are for rent, and vacant units that have been rented but not yet occupied.