Winfield, 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 Winfield, Indiana rental market.
Winfield, 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, Winfield, Indiana apartments have recorded a 6.3% rent increase.
Winfield, Indiana |Average apartment rent trend
Winfield, Indiana| Average apartment rent
Winfield, Indiana | Apartment rent ranges
At 68.34%, apartments priced $1,000 - $1,500 represent the bulk of Winfield, Indiana rentals, while condos priced Over $2,000 hold the lowest share of the market – 1.95%.
Winfield, Indiana | Housing tenure**
Renters take up 8% of Winfield, Indiana real estate, occupying a total of 174 units, while homeowners live in 2,024 properties.
Median number of rooms of renter-occupied housing units**
6.7
Average household size of renter-occupied housing units**
2.51
Rental vacancy rate**
47.7%
Winfield, Indiana | Renter-occupied housing units by no. of bedrooms**
There are 71 rentals in Winfield, Indiana with 3 beds making up the highest share of the market, at 41%. Units with 4 beds, on the other hand, hold the lowest percentage (19%), amounting to 33 units. Overall, the median number of rooms in Winfield, Indiana homes for rent is 6.7.
Winfield, Indiana |Renter-occupied units by age of householder**
Most condos for rent in Winfield, Indiana are occupied by residents in the 75 - 84 years age group (39%), followed by those in the 35 - 44 years age group (28%). At the same time, people in the 65 - 74 years age group make up the lowest share of the local rental market – 6%.
Winfield, Indiana | Renter-occupied housing units by family type**
Winfield, Indiana | Renter-occupied housing units by the presence of own children**
A total of 79 apartments for rent in Winfield, Indiana, or 45% of all rentals are family households. Additionally, 39% of rental homes include children under the age of 18 – that’s 68 units. All in all, the median size of a renter-occupied household in Winfield, Indiana is 2.51.
Winfield, Indiana | Renter-occupied housing units by educational attainment**
In terms of education, renters holding bachelor degrees or higher make up 18% of the rental market. In contrast, residents with less than a high school degree reside in 17% of the homes for rent in Winfield, Indiana.
Winfield, Indiana | Renter-occupied units by year structure built**
The highest share of Winfield, Indiana apartment rentals, namely 29% or 51 units, were Built 1940 - 1949, followed by those Built 2010 - 2019 (20%, 35 units), and the ones Built 1980 - 1989 (16%, 27 units).
Winfield, Indiana | Renter-occupied units by year householder moved in**
Median year renter moved into unit2012
Most Winfield, Indiana renters (48%) moved in 2010 to 2017, while only 6% of them moved in 2000 to 2009. Overall, the median year renters have occupied their Winfield, Indiana condos for rent is 2012.
Winfield, Indiana | Renter-occupied housing units by vehicles available**
Winfield, Indiana | Means of transportation to work of householders living in renter-occupied housing units**
When it comes to transportation options, 55% of Winfield, Indiana renters have 1 vehicle available per household, 20% of them have 3 vehicles available, and 11% have 4 vehicles available.
Winfield, Indiana |Geographical mobility in the past year for householders living in renter-occupied housing units**
Winfield, 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 Winfield, 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
