Cambridge City, IN
Full City Profile · Indiana · Wayne County County
3.2
/5.0
B
Good
1,623
Population
1,607/sq mi density
$46,500
Median Income
$28,520 per capita
$97,400
Home Value
$188,320 Zillow
$767
Median Rent
33.5% income on rent
50°F
Avg Temperature
B
Overall
3.2 / 5.0
Good overall score based on economy, affordability, safety and education
C+
Economy
2.7 / 5.0
$46,500 median income, 5.7% unemployment
A+
Affordability
5.0 / 5.0
$97,400 home value, $767/mo rent
D
Education
1.9 / 5.0
11.7% bachelor's degree or higher
Housing Overview
Median Home Value
$97,400
65% below
US avg: $281,900
Median Rent
$767/mo
34% below
US avg: $1,163/mo
Homeownership Rate
71.1%
9% above US avg (65.4%)
Total Housing Units
813
Median year built: 1949
Home Value by Source
Census Median
$97,400
Zillow (ZHVI)
$188,320
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
71.1%
Owner-Occupied
28.9%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$816/mo
1 Bedroom
$882/mo
2 Bedroom
$1,096/mo
3 Bedroom
$1,391/mo
4 Bedroom
$1,590/mo
Census median rent:
$767/mo
Affordability & Housing Stock
Rent Burden
33.5%
of renters spending 30%+ of income on housing
8% above US avg (31.0%)
Median Year Built
1949
Average age of housing stock: 77 years
Homeownership Rate
71.1%
Complete Housing Data
Home Values
| Census Median Value | $97,400 |
| Zillow Home Value (ZHVI) | $188,320 |
Rent
| Census Median Rent | $767 |
| FMR Studio | $816 |
| FMR 1-Bedroom | $882 |
| FMR 2-Bedroom | $1,096 |
| FMR 3-Bedroom | $1,391 |
| FMR 4-Bedroom | $1,590 |
Market
Ownership & Stock
| Owner-Occupied | 71.1% |
| Renter-Occupied | 28.9% |
| Homeownership Rate | 71.1% |
| Total Housing Units | 813 |
| Median Year Built | 1949 |
| Rent Burden | 33.5% |