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Oldenburg, IN

Full City Profile · Indiana · Franklin County County

3.9 /5.0
B+ Good
746 Population 1,735/sq mi density
$77,692 Median Income $38,878 per capita
$254,000 Home Value $299,863 Zillow
$650 Median Rent 27.8% income on rent
54°F Avg Temperature 293 sunny days/yr
263 Violent Crime/100K 644 property/100K
B+
Overall
3.9 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.6 / 5.0
$77,692 median income, 0.5% unemployment
A+
Affordability
4.8 / 5.0
$254,000 home value, $650/mo rent
F
Safety
1.0 / 5.0
263 violent crimes/100K
A+
Education
5.0 / 5.0
51.8% bachelor's degree or higher

Housing Overview

Median Home Value
$254,000
10% below
US avg: $281,900
Median Rent
$650/mo
44% below
US avg: $1,163/mo
Homeownership Rate
71.0%
9% above US avg (65.4%)
Total Housing Units
235
Median year built: 1964

Home Value by Source

Census Median
$254,000
Zillow (ZHVI)
$299,863
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

71.0%
Owner-Occupied
29.0%
Renter-Occupied
71%
29%
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: $650/mo

Affordability & Housing Stock

Rent Burden
27.8%
of renters spending 30%+ of income on housing
10% below US avg (31.0%)
Median Year Built
1964
Average age of housing stock: 62 years
Homeownership Rate
71.0%

Complete Housing Data

Home Values

Census Median Value$254,000
Zillow Home Value (ZHVI)$299,863

Rent

Census Median Rent$650
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-Occupied71.0%
Renter-Occupied29.0%
Homeownership Rate71.0%
Total Housing Units235
Median Year Built1964
Rent Burden27.8%