HamiltonHousing & Real Estate
Housing in Hamilton centers on a median value of $298,200 (estimated market value runs 9% higher at $323,997), with median rent $1,013 (1.1× higher than Steuben County median $933; about the same as Indiana median $1,062). Homeownership rate: 70.6%. That's 1.4× higher than the Steuben County median ($216,200); 1.4× higher than the Indiana median ($218,200). Market is warm. Vacancy rate 33.2%. New construction makes up 13.7% of stock. A municipal building code is in effect.
- 4.3× annual income — home value vs. household income (vs Indiana 3.2×).
- 24.5 years to break even renting at the median (vs Indiana 16y).
- 4-BR rent is 1.8× a studio — rent gradient by unit size.
- Median rent runs 5% above HUD 2-BR FMR — local market vs federal subsidy benchmark.
Home Values & Rent
Median home value $298,200 — 1.4× the Indiana median ($211,400). Median rent $1,013/month. homeownership rate 70.6% — above the U.S. share of ~65%.
| Fair Market Rent · Studio rent | $688 (vs Indiana $959) |
|---|---|
| Fair Market Rent · One-bedroom rent | $732 (vs Indiana $1,082) |
| Fair Market Rent · Two-bedroom rent | $960 (vs Indiana $1,317) |
| Fair Market Rent · Three-bedroom rent | $1,195 (vs Indiana $1,612) |
| Fair Market Rent · Four-bedroom rent | $1,271 (vs Indiana $1,744) |
| Fair Market Rent · HUD FMR area | DeKalb County, IN |
| Fair Market Rent · Fiscal year | FY2026 |
| Median Home Value | $298,200 (vs Indiana $211,400) |
| Median Rent | $1,013 (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).
Facilities (4)
| 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 | 52.1% (vs Indiana 74.7%) |
| Broadband · Broadband-capable premises | 1,383 |
| 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) |
Sources: FCC BDC Jun 2025 · EIA Annual Retail Sales 2023 · FCC BDC Mobile 2024 · Refreshed unknown
Other
| Homeownership Rate | 70.6% (vs Indiana 61.9%) |
|---|---|
| Median Year Built | 1976 |
Sources: U.S. Census Bureau, ACS 5-Year DP04 · Census ACS 5-Year 2023 · Refreshed 2026-04-12