Spring Hill, 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 Spring Hill, Indiana rental market.
Spring Hill, Indiana
Average Apartment Rent
$1,191
Y-o-Y Change in Average
Apartment Rent
-4.4%
As of July 2024
Compared to a year ago, Spring Hill, Indiana apartments have recorded a -4.4% rent decrease.
Spring Hill, Indiana |Average apartment rent trend
Spring Hill, Indiana| Average apartment rent
Spring Hill, Indiana | Apartment rent ranges
At 51.35%, apartments priced $1,000 - $1,500 represent the bulk of Spring Hill, Indiana rentals, while condos priced Over $2,000 hold the lowest share of the market – 1.03%.
Spring Hill, Indiana | Housing tenure**
Renters take up 8% of Spring Hill, Indiana real estate, occupying a total of 4 units, while homeowners live in 44 properties.
Average household size of renter-occupied housing units**
1
Spring Hill, Indiana | Renter-occupied housing units by no. of bedrooms**
All rentals in Spring Hill, Indiana have 2 beds. That’s a total of 4 units.
Spring Hill, Indiana |Renter-occupied units by age of householder**
Most condos for rent in Spring Hill, Indiana are occupied by residents in the 85 years and over age group (50%), while people in the 65 - 74 years age group make up the lowest share of the local rental market – 50%.
Spring Hill, Indiana | Renter-occupied housing units by family type**
Spring Hill, Indiana | Renter-occupied housing units by the presence of own children**
Spring Hill, Indiana | Renter-occupied housing units by educational attainment**
In terms of education, renters holding bachelor degrees or higher make up 100% of the rental market. In contrast, residents with less than a high school degree reside in 0% of the homes for rent in Spring Hill, Indiana.
Spring Hill, Indiana | Renter-occupied units by year structure built**
The highest share of Spring Hill, Indiana apartment rentals, namely 50% or 2 units, were Built 1939 or earlier, followed by those Built 1980 - 1989 (50%, 2 units).
Spring Hill, Indiana | Renter-occupied units by year householder moved in**
Spring Hill, Indiana | Renter-occupied housing units by vehicles available**
Spring Hill, Indiana | Means of transportation to work of householders living in renter-occupied housing units**
When it comes to transportation options, 50% of Spring Hill, Indiana renters have 1 or more vehicles available per household, while 50% of them have No vehicle available.
Spring Hill, Indiana |Geographical mobility in the past year for householders living in renter-occupied housing units**
Spring Hill, 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 Spring Hill, 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
