GlenwoodHousing & Real Estate
$88,400 is the median home value in Glenwood, with median rent $1,182 (1.4× higher than Rush County median $873; 1.1× higher than Indiana median $1,062). Homeownership rate: 79.4%. That's 1.9× below the Rush County median ($166,800); 2.5× below the Indiana median ($218,200). Market is stable. Vacancy rate 8.3%. New construction makes up 0.6% of stock. A municipal building code is in effect.
- 1.6× annual income — home value vs. household income (vs Indiana 3.2×).
- 6.2 years to break even renting at the median (vs Indiana 16y).
- 4-BR rent is 1.9× a studio — rent gradient by unit size.
- Median rent runs 23% above HUD 2-BR FMR — local market vs federal subsidy benchmark.
Home Values & Rent
Median home value $88,400 — 0.4× the Indiana median ($211,400). Median rent $1,182/month. homeownership rate 79.4% — above the U.S. share of ~65%.
| Fair Market Rent · Studio rent | $659 (vs Indiana $959) |
|---|---|
| Fair Market Rent · One-bedroom rent | $754 (vs Indiana $1,082) |
| Fair Market Rent · Two-bedroom rent | $956 (vs Indiana $1,317) |
| Fair Market Rent · Three-bedroom rent | $1,184 (vs Indiana $1,612) |
| Fair Market Rent · Four-bedroom rent | $1,266 (vs Indiana $1,744) |
| Fair Market Rent · HUD FMR area | Fayette County, IN |
| Fair Market Rent · Fiscal year | FY2026 |
| Median Home Value | $88,400 (vs Indiana $211,400) |
| Median Rent | $1,182 (vs Indiana $1,096) |
Sources: HUD FMR FY2026 · Census ACS 5-Year 2023, B25077 · Census ACS 5-Year 2023 · Refreshed 2026-04-12
Utilities
Electricity, water, and broadband infrastructure serving residents. Broadband percentages reflect the share of premises that can subscribe to service at the listed speed (FCC Form 477).
| Broadband · % of premises with 25/3 Mbps broadband | 100.0% (at Indiana median) |
|---|---|
| Broadband · % of premises with 100/20 Mbps broadband | 100.0% (at Indiana median) |
| Broadband · % of premises with 250/25 Mbps broadband | 100.0% (at Indiana median) |
| Broadband · % of premises with 1 Gbps / 100 Mbps broadband | 98.7% (vs Indiana 74.7%) |
| Broadband · Broadband-capable premises | 149 |
| Electricity · Electricity rate (¢/kWh) | 14.77¢/kWh |
| Electricity · Customers | 3056216 |
| Electricity · Revenue Millions | $4,880 |
| Mobile Broadband · 3G mobile coverage | 0% |
| Mobile Broadband · 4G mobile coverage | 100% (at Indiana median) |
| Mobile Broadband · 5G mobile coverage | 100% (at Indiana median) |
| Mobile Home Parks Detail · County total | 7 |
Sources: FCC BDC Jun 2025 · EIA Annual Retail Sales 2023 · FCC BDC Mobile 2024 · HIFLD / IRS BMF · Refreshed 2026-04-12
Other
| Homeownership Rate | 79.4% (vs Indiana 61.9%) |
|---|---|
| Median Year Built | 1947 |
Sources: U.S. Census Bureau, ACS 5-Year DP04 · Census ACS 5-Year 2023 · Refreshed 2026-04-12