Palestine, IN
Full City Profile · Indiana · Kosciusko County County
3.4
/5.0
B
Good
925
Population
907/sq mi density
$89,924
Median Income
$28,922 per capita
$134,900
Home Value
$222,757 Zillow
$1,086
Median Rent
11.7% income on rent
50°F
Avg Temperature
B
Overall
3.4 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.1 / 5.0
$89,924 median income, 6.4% unemployment
A+
Affordability
5.0 / 5.0
$134,900 home value, $1,086/mo rent
F
Education
1.2 / 5.0
2.9% bachelor's degree or higher
Housing Overview
Median Home Value
$134,900
52% below
US avg: $281,900
Median Rent
$1,086/mo
7% below
US avg: $1,163/mo
Homeownership Rate
81.7%
25% above US avg (65.4%)
Total Housing Units
373
Median year built: 1974
Home Value by Source
Census Median
$134,900
Zillow (ZHVI)
$222,757
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
81.7%
Owner-Occupied
18.3%
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:
$1,086/mo
Affordability & Housing Stock
Rent Burden
11.7%
of renters spending 30%+ of income on housing
62% below US avg (31.0%)
Median Year Built
1974
Average age of housing stock: 52 years
Homeownership Rate
81.7%
Complete Housing Data
Home Values
| Census Median Value | $134,900 |
| Zillow Home Value (ZHVI) | $222,757 |
Rent
| Census Median Rent | $1,086 |
| 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 | 81.7% |
| Renter-Occupied | 18.3% |
| Homeownership Rate | 81.7% |
| Total Housing Units | 373 |
| Median Year Built | 1974 |
| Rent Burden | 11.7% |