Housing & Real Estate — Farmland, Indiana

Overview

Total Housing Units641
Occupied593
Vacant48
Owner-Occupied314
Renter-Occupied279
Median Home Value (Census)$99,200
Estimated 2026~$116,000
Median Rent$826/mo
Median Property Tax$746/yr

Affordability

Home Price to Income RatioN/Ax
Home Affordabilityaffordable
Rent as % of Income24.1%
Severely Rent-Burdened31.0%

Housing Age

Built 2010 or later30
Built 2000-20098
Built 1990-199911
Built before 1960315
Median Year Built1961
Sources: Census ACS 5-Year 2023; Census ACS 5-Year 2023, B25077; HUD FMR FY2026.