Special Interest
Housing in Parke County
Both Census and HUD figures represent gross rent — contract rent plus estimated utility costs for electricity, heat, water, and sewer.
Rent in Parke County averages $704/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 24% of household income on rent, below the national average of 32%.
HUD 2026 50th Percentile Rent Estimates for Parke County FMR Area are $768 for a studio, $817 for 1‑bedroom, $1,072 for 2‑bedroom, $1,414 for 3‑bedroom, and $1,419 for 4‑bedroom.
HUD 2026 Rent Estimates reflect market movement since 2024 Census data — a $368 increase for a 2-bedroom in Parke County shows a 52% rise over that period.
The U.S. Bureau of Labor Statistics annual unemployment rate for Parke County was 4.3% in 2024, compared to Indiana at 4.2% and the national rate of 4.0%.
