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Homer, IN

Full City Profile · Indiana · Rush County County

3.8 /5.0
B+ Good
190 Population 826/sq mi density
$142,632 Median Income $35,475 per capita
$85,800 Home Value $219,205 Zillow
53°F Avg Temperature 293 sunny days/yr
81 Violent Crime/100K 4,552 property/100K
B+
Overall
3.8 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.5 / 5.0
$142,632 median income, 0.0% unemployment
A+
Affordability
5.0 / 5.0
$85,800 home value, /mo rent
F
Safety
1.0 / 5.0
81 violent crimes/100K
A+
Education
4.6 / 5.0
0.0% bachelor's degree or higher

Housing Overview

Median Home Value
$85,800
70% below
US avg: $281,900
Homeownership Rate
86.1%
32% above US avg (65.4%)
Total Housing Units
100
Median year built: 1994

Home Value by Source

Census Median
$85,800
Zillow (ZHVI)
$219,205
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

86.1%
Owner-Occupied
13.9%
Renter-Occupied
86%
14%
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
15.5%
of renters spending 30%+ of income on housing
50% below US avg (31.0%)
Median Year Built
1994
Average age of housing stock: 32 years
Homeownership Rate
86.1%

Complete Housing Data

Home Values

Census Median Value$85,800
Zillow Home Value (ZHVI)$219,205

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-Occupied86.1%
Renter-Occupied13.9%
Homeownership Rate86.1%
Total Housing Units100
Median Year Built1994
Rent Burden15.5%