Dune Acres, 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 Dune Acres, Indiana rental market.
Dune Acres, Indiana
Average Apartment Rent
$1,289
Y-o-Y Change in Average
Apartment Rent
5.4%
As of July 2024
Compared to a year ago, Dune Acres, Indiana apartments have recorded a 5.4% rent increase.
Dune Acres, Indiana |Average apartment rent trend
Dune Acres, Indiana| Average apartment rent
Dune Acres, Indiana | Apartment rent ranges
At 49.62%, apartments priced $1,000 - $1,500 represent the bulk of Dune Acres, Indiana rentals, while condos priced $700 - $1000 hold the lowest share of the market – 18.26%.
Dune Acres, Indiana | Housing tenure**
Renters take up 6% of Dune Acres, Indiana real estate, occupying a total of 9 units, while homeowners live in 134 properties.
Median number of rooms of renter-occupied housing units**
7.3
Renter median household income**
$115,417
Average household size of renter-occupied housing units**
2.11
Dune Acres, Indiana | Renter-occupied housing units by no. of bedrooms**
There are 3 rentals in Dune Acres, Indiana with 2 beds making up the highest share of the market, at 33%. Units with 1 bed, on the other hand, hold the lowest percentage (22%), amounting to 2 units. Overall, the median number of rooms in Dune Acres, Indiana homes for rent is 7.3.
Dune Acres, Indiana |Renter-occupied units by age of householder**
Most condos for rent in Dune Acres, Indiana are occupied by residents in the 55 - 59 years age group (33%), followed by those in the 85 years and over age group (22%). At the same time, people in the 45 - 54 years age group make up the lowest share of the local rental market – 22%.
Dune Acres, Indiana | Renter-occupied housing units by family type**
Dune Acres, Indiana | Renter-occupied housing units by the presence of own children**
A total of 2 apartments for rent in Dune Acres, Indiana, or 22% of all rentals are family households. Additionally, 22% of rental homes include children under the age of 18 – that’s 2 units. All in all, the median size of a renter-occupied household in Dune Acres, Indiana is 2.11.
Dune Acres, Indiana | Renter-occupied housing units by educational attainment**
In terms of education, renters holding bachelor degrees or higher make up 89% of the rental market. In contrast, residents with less than a high school degree reside in 0% of the homes for rent in Dune Acres, Indiana.
Dune Acres, Indiana | Renter-occupied units by year structure built**
The highest share of Dune Acres, Indiana apartment rentals, namely 33% or 3 units, were Built 1939 or earlier, followed by those Built 1960 - 1969 (33%, 3 units), and the ones Built 1950 - 1959 (22%, 2 units).
Dune Acres, Indiana | Renter-occupied units by year householder moved in**
Median year renter moved into unit2008
Most Dune Acres, Indiana renters (33%) moved in 2000 to 2009, while only 22% of them moved in 2018 to 2020. Overall, the median year renters have occupied their Dune Acres, Indiana condos for rent is 2008.
Dune Acres, Indiana | Renter-occupied housing units by vehicles available**
Dune Acres, Indiana | Means of transportation to work of householders living in renter-occupied housing units**
When it comes to transportation options, 67% of Dune Acres, Indiana renters have 1 vehicle available per household, 22% of them have 2 or more vehicles available, and 11% have No vehicle available.
Dune Acres, Indiana |Geographical mobility in the past year for householders living in renter-occupied housing units**
Dune Acres, 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 Dune Acres, 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
