Crown Point, Indiana Rental Market Trends
Any shifts in rent prices brought forth by the COVID-19 pandemic are not yet reflected in the statistics on this page. Please bear this in mind when referencing the data below, as it may not accurately describe the current context of the Crown Point, Indiana rental market.
Crown Point, Indiana
Average Apartment Rent
$1,439
Y-o-Y Change in Average
Apartment Rent
6.3%
As of July 2024
Compared to a year ago, Crown Point, Indiana apartments have recorded a 6.3% rent increase.
Crown Point, Indiana |Average apartment rent trend
Crown Point, Indiana| Average apartment rent
Crown Point, Indiana | Apartment rent ranges
At 68.34%, apartments priced $1,000 - $1,500 represent the bulk of Crown Point, Indiana rentals, while condos priced Over $2,000 hold the lowest share of the market – 1.95%.
Crown Point, Indiana | Housing tenure**
Renters take up 14% of Crown Point, Indiana real estate, occupying a total of 1,685 units, while homeowners live in 10,434 properties.
Median number of rooms of renter-occupied housing units**
4.5
Renter median household income**
$65,456
Average household size of renter-occupied housing units**
2.45
Crown Point, Indiana | Renter-occupied housing units by no. of bedrooms**
There are 782 rentals in Crown Point, Indiana with 2 beds making up the highest share of the market, at 46%. Units with 5 or more beds, on the other hand, hold the lowest percentage (1%), amounting to 16 units. Overall, the median number of rooms in Crown Point, Indiana homes for rent is 4.5.
Crown Point, Indiana |Renter-occupied units by age of householder**
Most condos for rent in Crown Point, Indiana are occupied by residents in the 35 - 44 years age group (23%), followed by those in the 45 - 54 years age group (21%). At the same time, people in the 15 - 24 years age group make up the lowest share of the local rental market – 2%.
Crown Point, Indiana | Renter-occupied housing units by family type**
Crown Point, Indiana | Renter-occupied housing units by the presence of own children**
A total of 928 apartments for rent in Crown Point, Indiana, or 55% of all rentals are family households. Additionally, 35% of rental homes include children under the age of 18 – that’s 585 units. All in all, the median size of a renter-occupied household in Crown Point, Indiana is 2.45.
Crown Point, Indiana | Renter-occupied housing units by educational attainment**
In terms of education, renters holding bachelor degrees or higher make up 27% of the rental market. In contrast, residents with less than a high school degree reside in 12% of the homes for rent in Crown Point, Indiana.
Crown Point, Indiana | Renter-occupied units by year structure built**
The highest share of Crown Point, Indiana apartment rentals, namely 19% or 314 units, were Built 1970 - 1979, followed by those Built 1990 - 1999 (16%, 267 units), and the ones Built 1940 - 1949 (15%, 257 units).
Crown Point, Indiana | Renter-occupied units by year householder moved in**
Median year renter moved into unit2018
Most Crown Point, Indiana renters (45%) moved in 2018 to 2020, while only 3% of them moved in 1990 to 1999. Overall, the median year renters have occupied their Crown Point, Indiana condos for rent is 2018.
Crown Point, Indiana | Renter-occupied housing units by vehicles available**
When it comes to transportation options, 46% of Crown Point, Indiana renters have 1 vehicle available per household, 37% of them have 2 vehicles available, and 8% have No vehicle available.
Crown Point, Indiana | Means of transportation to work of householders living in renter-occupied housing units**
Crown Point, Indiana |Geographical mobility in the past year for householders living in renter-occupied housing units**
Crown Point, Indiana | Average apartment rent by zip codes
The rental statistics on this page were compiled using data provided by our sister company, Yardi Matrix, an apartment market intelligence solution which offers comprehensive information on all Crown Point, Indiana apartment buildings 50 units or larger. Yardi Matrix covers ~80% of the U.S. metro area population, including over 80,000 properties and 15.2 million apartments across 124 U.S. markets.
*Average single-family rent calculated from point2homes.com data.
**Data sourced from U.S. Census Bureau; American Community Survey, 2022 American Community Survey 5-Year Estimates
