Allen County
Indiana ยท Pop. 385,831
Ranked #19 of 200 counties
58Moderate
Median Home Price
๐$210K
3.2% YoY
Median Rent
๐$1,050
Median Income
๐ฐ$52K
Rent Burden
๐28.0%
% of income to rent
Housing Shortage
๐๏ธ6,000
estimated unit deficit
Building Permits (2024)
๐2,800
Price-to-Income Ratio
โ๏ธ4.0x
Homeownership Rate
๐ก62.0%
How Allen County Compares
| Metric | Allen County | Indiana | National |
|---|---|---|---|
| Home Price | $210K | $226K | $410K |
| Rent | $1,050 | $1,044 | $1,500 |
| Income | $52K | $69K | $75K |
| Rent Burden | 28.0% | 28.0% | 30.0% |
| Homeownership | 62.0% | 70.0% | 65.0% |
Key Takeaways
- โข Home prices are 49% below the national average.
- โข Rent is 30% below the national average.
- โข The county has an estimated housing shortage of 6,000 units.
- โข 2,800 building permits were issued in 2024.
- โข Year-over-year home prices changed by 3.2%.