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Flat Rock, IN

Full City Profile · Indiana · Bartholomew County County

3.5 /5.0
B+ Good
215 Population 614/sq mi density
$71,029 Median Income $24,868 per capita
$136,300 Home Value $247,839 Zillow
54°F Avg Temperature 293 sunny days/yr
286 Violent Crime/100K 9,498 property/100K
B+
Overall
3.5 / 5.0
Good overall score based on economy, affordability, safety and education
B+
Economy
3.8 / 5.0
$71,029 median income, 0.0% unemployment
A+
Affordability
5.0 / 5.0
$136,300 home value, /mo rent
F
Safety
1.0 / 5.0
286 violent crimes/100K
A
Education
4.3 / 5.0
0.0% bachelor's degree or higher

Housing Overview

Median Home Value
$136,300
52% below
US avg: $281,900
Homeownership Rate
77.6%
19% above US avg (65.4%)
Total Housing Units
91
Median year built: 1938

Home Value by Source

Census Median
$136,300
Zillow (ZHVI)
$247,839
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

77.6%
Owner-Occupied
22.4%
Renter-Occupied
78%
22%
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

Affordability & Housing Stock

Rent Burden
24.6%
of renters spending 30%+ of income on housing
21% below US avg (31.0%)
Median Year Built
1938
Average age of housing stock: 88 years
Homeownership Rate
77.6%

Complete Housing Data

Home Values

Census Median Value$136,300
Zillow Home Value (ZHVI)$247,839

Rent

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-Occupied77.6%
Renter-Occupied22.4%
Homeownership Rate77.6%
Total Housing Units91
Median Year Built1938
Rent Burden24.6%