Fairland, IN
Full City Profile · Indiana · Shelby County County
3.4
/5.0
B
Good
626
Population
549/sq mi density
$47,500
Median Income
$31,636 per capita
$179,900
Home Value
$276,794 Zillow
$867
Median Rent
32.8% income on rent
54°F
Avg Temperature
B
Overall
3.4 / 5.0
Good overall score based on economy, affordability, safety and education
B+
Economy
3.6 / 5.0
$47,500 median income, 3.3% unemployment
A+
Affordability
4.6 / 5.0
$179,900 home value, $867/mo rent
C
Education
2.0 / 5.0
13.0% bachelor's degree or higher
Housing Overview
Median Home Value
$179,900
36% below
US avg: $281,900
Median Rent
$867/mo
25% below
US avg: $1,163/mo
Homeownership Rate
89.2%
36% above US avg (65.4%)
Total Housing Units
352
Median year built: 1938
Home Value by Source
Census Median
$179,900
Zillow (ZHVI)
$276,794
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
89.2%
Owner-Occupied
10.8%
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:
$867/mo
Affordability & Housing Stock
Rent Burden
32.8%
of renters spending 30%+ of income on housing
6% above US avg (31.0%)
Median Year Built
1938
Average age of housing stock: 88 years
Homeownership Rate
89.2%
Complete Housing Data
Home Values
| Census Median Value | $179,900 |
| Zillow Home Value (ZHVI) | $276,794 |
Rent
| Census Median Rent | $867 |
| 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 | 89.2% |
| Renter-Occupied | 10.8% |
| Homeownership Rate | 89.2% |
| Total Housing Units | 352 |
| Median Year Built | 1938 |
| Rent Burden | 32.8% |