Elberfeld, IN
Full City Profile · Indiana · Warrick County County
3.9
/5.0
B+
Good
958
Population
3,090/sq mi density
$101,964
Median Income
$31,366 per capita
$161,900
Home Value
$285,739 Zillow
$625
Median Rent
22.1% income on rent
57°F
Avg Temperature
B+
Overall
3.9 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.4 / 5.0
$101,964 median income, 6.1% unemployment
A+
Affordability
5.0 / 5.0
$161,900 home value, $625/mo rent
C
Education
2.3 / 5.0
16.0% bachelor's degree or higher
Housing Overview
Median Home Value
$161,900
43% below
US avg: $281,900
Median Rent
$625/mo
46% below
US avg: $1,163/mo
Homeownership Rate
96.9%
48% above US avg (65.4%)
Total Housing Units
311
Median year built: 1951
Home Value by Source
Census Median
$161,900
Zillow (ZHVI)
$285,739
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
96.9%
Owner-Occupied
3.1%
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:
$625/mo
Affordability & Housing Stock
Rent Burden
22.1%
of renters spending 30%+ of income on housing
29% below US avg (31.0%)
Median Year Built
1951
Average age of housing stock: 75 years
Homeownership Rate
96.9%
Complete Housing Data
Home Values
| Census Median Value | $161,900 |
| Zillow Home Value (ZHVI) | $285,739 |
Rent
| Census Median Rent | $625 |
| 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 | 96.9% |
| Renter-Occupied | 3.1% |
| Homeownership Rate | 96.9% |
| Total Housing Units | 311 |
| Median Year Built | 1951 |
| Rent Burden | 22.1% |