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Middlebury, IN
Full City Profile · Indiana · Clay County County
3.2
/5.0
B
Good
3,681
Population
11,503/sq mi density
$81,094
Median Income
$36,586 per capita
$230,300
Home Value
$367,975 Zillow
$1,072
Median Rent
24.1% income on rent
54°F
Avg Temperature
293 sunny days/yr
56
Violent Crime/100K
3,887 property/100K
B
Overall
3.2 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.3 / 5.0
$81,094 median income, 3.8% unemployment
A+
Affordability
5.0 / 5.0
$230,300 home value, $1,072/mo rent
F
Safety
1.0 / 5.0
56 violent crimes/100K
C+
Education
2.7 / 5.0
21.0% bachelor's degree or higher
Housing Overview
Median Home Value
$230,300
18% below
US avg: $281,900
Median Rent
$1,072/mo
8% below
US avg: $1,163/mo
Homeownership Rate
80.2%
23% above US avg (65.4%)
Total Housing Units
65
Median year built: 1938
Home Value by Source
Census Median
$230,300
Zillow (ZHVI)
$367,975
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
80.2%
Owner-Occupied
19.8%
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:
$1,072/mo
Affordability & Housing Stock
Rent Burden
24.1%
of renters spending 30%+ of income on housing
22% below US avg (31.0%)
Median Year Built
1938
Average age of housing stock: 88 years
Homeownership Rate
80.2%
Complete Housing Data
Home Values
| Census Median Value | $230,300 |
| Zillow Home Value (ZHVI) | $367,975 |
Rent
| Census Median Rent | $1,072 |
| 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 | 80.2% |
| Renter-Occupied | 19.8% |
| Homeownership Rate | 80.2% |
| Total Housing Units | 65 |
| Median Year Built | 1938 |
| Rent Burden | 24.1% |