Housing in Tipton County

The inside story on rent prices
Source: US Census Bureau - ACS 5 Yr 2024

Both Census and HUD figures represent gross rent — contract rent plus estimated utility costs for electricity, heat, water, and sewer.

Rent in Tipton County averages $842/month for a 2‑bedroom in 2024, compared to the Indiana median of $1,062 and the national median of $1,413. Local renters spend approximately 20% of household income on rent, below the national average of 32%.

HUD 2026 50th Percentile Rent Estimates for Tipton County FMR Area are $868 for a studio, $873 for 1‑bedroom, $1,146 for 2‑bedroom, $1,374 for 3‑bedroom, and $1,783 for 4‑bedroom.

HUD 2026 Rent Estimates reflect market movement since 2024 Census data — a $304 increase for a 2-bedroom in Tipton County shows a 36% rise over that period.

The U.S. Bureau of Labor Statistics annual unemployment rate for Tipton County was 4.3% in 2024, compared to Indiana at 4.2% and the national rate of 4.0%.

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Towns near Hobbs

City
County
State
Miles
Howard
IN
0.0
Howard
IN
5.4
Howard
IN
6.4
Howard
IN
8.6
Howard
IN
8.7
Tipton
IN
8.9
Howard
IN
9.9
Tipton
IN
13.8
Tipton
IN
14.4
Tipton
IN
15.6
Tipton
IN
15.9
Grant
IN
16.8
Tipton
IN
18.2
Grant
IN
20.5
Grant
IN
25.3
Grant
IN
25.5
Grant
IN
26.8
Grant
IN
28.4
Grant
IN
30.8
Grant
IN
34.1
Grant
IN
34.1
Grant
IN
36.0

Renter Qualifications

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