Cloverland, IN
Full City Profile · Indiana · Clay County County
3.5
/5.0
B+
Good
279
Population
473/sq mi density
$73,229
Median Income
$29,694 per capita
$3,501
Median Rent
51.0% income on rent
54°F
Avg Temperature
B+
Overall
3.5 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.5 / 5.0
$73,229 median income, 1.3% unemployment
F
Affordability
1.0 / 5.0
A+
Education
5.0 / 5.0
0.0% bachelor's degree or higher
Housing Overview
Median Rent
$3,501/mo
201% above
US avg: $1,163/mo
Homeownership Rate
52.8%
19% below US avg (65.4%)
Total Housing Units
136
Median year built: 1979
Ownership vs. Renting
52.8%
Owner-Occupied
47.2%
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:
$3,501/mo
Affordability & Housing Stock
Rent Burden
51.0%
of renters spending 30%+ of income on housing
65% above US avg (31.0%)
Median Year Built
1979
Average age of housing stock: 47 years
Homeownership Rate
52.8%
Complete Housing Data
Home Values
| Zillow Home Value (ZHVI) | $125,296 |
Rent
| Census Median Rent | $3,501 |
| 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 | 52.8% |
| Renter-Occupied | 47.2% |
| Homeownership Rate | 52.8% |
| Total Housing Units | 136 |
| Median Year Built | 1979 |
| Rent Burden | 51.0% |