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Cromwell, IN

Full City Profile · Indiana · Noble County County

2.6 /5.0
C+ Fair
703 Population 2,130/sq mi density
$48,500 Median Income $20,876 per capita
$111,800 Home Value $225,141 Zillow
$838 Median Rent 28.4% income on rent
50°F Avg Temperature 275 sunny days/yr
23 Violent Crime/100K 274 property/100K
C+
Overall
2.6 / 5.0
Fair overall score based on economy, affordability, safety and education
C
Economy
2.4 / 5.0
$48,500 median income, 9.1% unemployment
A+
Affordability
5.0 / 5.0
$111,800 home value, $838/mo rent
F
Safety
1.0 / 5.0
23 violent crimes/100K
D
Education
1.8 / 5.0
10.5% bachelor's degree or higher

Housing Overview

Median Home Value
$111,800
60% below
US avg: $281,900
Median Rent
$838/mo
28% below
US avg: $1,163/mo
Homeownership Rate
36.7%
44% below US avg (65.4%)
Total Housing Units
236
Median year built: 1938

Home Value by Source

Census Median
$111,800
Zillow (ZHVI)
$225,141
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

36.7%
Owner-Occupied
63.3%
Renter-Occupied
37%
63%
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: $838/mo

Affordability & Housing Stock

Rent Burden
28.4%
of renters spending 30%+ of income on housing
8% below US avg (31.0%)
Median Year Built
1938
Average age of housing stock: 88 years
Homeownership Rate
36.7%

Complete Housing Data

Home Values

Census Median Value$111,800
Zillow Home Value (ZHVI)$225,141

Rent

Census Median Rent$838
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-Occupied36.7%
Renter-Occupied63.3%
Homeownership Rate36.7%
Total Housing Units236
Median Year Built1938
Rent Burden28.4%