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Lapel, IN
Full City Profile · Indiana · Madison County County
3.4
/5.0
B
Good
2,568
Population
248/sq mi density
$77,563
Median Income
$37,001 per capita
$201,900
Home Value
$215,465 Zillow
$1,229
Median Rent
19.5% income on rent
53°F
Avg Temperature
275 sunny days/yr
21
Violent Crime/100K
951 property/100K
B
Overall
3.4 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.4 / 5.0
$77,563 median income, 2.5% unemployment
A+
Affordability
5.0 / 5.0
$201,900 home value, $1,229/mo rent
F
Safety
1.0 / 5.0
21 violent crimes/100K
B
Education
3.3 / 5.0
28.8% bachelor's degree or higher
Housing Overview
Median Home Value
$201,900
28% below
US avg: $281,900
Median Rent
$1,229/mo
6% above
US avg: $1,163/mo
Homeownership Rate
70.3%
7% above US avg (65.4%)
Total Housing Units
1,067
Median year built: 1971
Home Value by Source
Census Median
$201,900
Zillow (ZHVI)
$215,465
Median Sale Price
$399,990
Median List Price
$230,000
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
70.3%
Owner-Occupied
29.7%
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:
$1,229/mo
Market Indicators (Redfin)
Median Days on Market
239 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
1
Price Drops
20.0%
of listings with price reduction
Price Per Sq Ft
$147
Active Inventory
5
homes for sale
Affordability & Housing Stock
Rent Burden
19.5%
of renters spending 30%+ of income on housing
37% below US avg (31.0%)
Median Year Built
1971
Average age of housing stock: 55 years
Homeownership Rate
70.3%
Complete Housing Data
Home Values
| Census Median Value | $201,900 |
| Zillow Home Value (ZHVI) | $215,465 |
| Median Sale Price | $399,990 |
| Median List Price | $230,000 |
| Price Per Sq Ft | $147 |
Rent
| Census Median Rent | $1,229 |
| FMR Studio | $816 |
| FMR 1-Bedroom | $882 |
| FMR 2-Bedroom | $1,096 |
| FMR 3-Bedroom | $1,391 |
| FMR 4-Bedroom | $1,590 |
Market
| Days on Market | 239 |
| Sale-to-List Ratio | 1.0% |
| Price Drops | 20.0% |
| Homes Sold | 1 |
| Active Inventory | 5 |
| Price Per Sq Ft | $147 |
Ownership & Stock
| Owner-Occupied | 70.3% |
| Renter-Occupied | 29.7% |
| Homeownership Rate | 70.3% |
| Total Housing Units | 1,067 |
| Median Year Built | 1971 |
| Rent Burden | 19.5% |