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Clayton, IN

Full City Profile · Indiana · Hendricks County County

3.3 /5.0
B Good
874 Population 1,345/sq mi density
$83,500 Median Income $35,883 per capita
$214,900 Home Value $325,480 Zillow
$1,125 Median Rent 19.2% income on rent
51°F Avg Temperature 293 sunny days/yr
263 Violent Crime/100K 1,082 property/100K
B
Overall
3.3 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.6 / 5.0
$83,500 median income, 2.3% unemployment
A+
Affordability
5.0 / 5.0
$214,900 home value, $1,125/mo rent
F
Safety
1.0 / 5.0
263 violent crimes/100K
C+
Education
2.7 / 5.0
20.7% bachelor's degree or higher

Housing Overview

Median Home Value
$214,900
24% below
US avg: $281,900
Median Rent
$1,125/mo
3% below
US avg: $1,163/mo
Homeownership Rate
72.9%
11% above US avg (65.4%)
Total Housing Units
424
Median year built: 1953

Home Value by Source

Census Median
$214,900
Zillow (ZHVI)
$325,480
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

72.9%
Owner-Occupied
27.1%
Renter-Occupied
73%
27%
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: $1,125/mo

Affordability & Housing Stock

Rent Burden
19.2%
of renters spending 30%+ of income on housing
38% below US avg (31.0%)
Median Year Built
1953
Average age of housing stock: 73 years
Homeownership Rate
72.9%

Complete Housing Data

Home Values

Census Median Value$214,900
Zillow Home Value (ZHVI)$325,480

Rent

Census Median Rent$1,125
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-Occupied72.9%
Renter-Occupied27.1%
Homeownership Rate72.9%
Total Housing Units424
Median Year Built1953
Rent Burden19.2%