Centerton, IN

Full City Profile · Indiana · Morgan County County

3.3 /5.0
B Good
235 Population 1,958/sq mi density
52°F Avg Temperature
B
Overall
3.3 / 5.0
Good overall score based on economy, affordability, safety and education
B
Education
3.3 / 5.0
28.3% bachelor's degree or higher

Housing Overview

Homeownership Rate
74.5%
14% above US avg (65.4%)
Total Housing Units
95
Median year built: 1938

Ownership vs. Renting

74.5%
Owner-Occupied
25.5%
Renter-Occupied
75%
26%
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

Affordability & Housing Stock

Rent Burden
27.1%
of renters spending 30%+ of income on housing
13% below US avg (31.0%)
Median Year Built
1938
Average age of housing stock: 88 years
Homeownership Rate
74.5%

Complete Housing Data

Home Values

Zillow Home Value (ZHVI)$303,455

Rent

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-Occupied74.5%
Renter-Occupied25.5%
Homeownership Rate74.5%
Total Housing Units95
Median Year Built1938
Rent Burden27.1%