City Report · IN

Delphi

Pop. 2,927·59th most expensive in Indiana·One of the most affordable rental markets in the US
Median rent (all units)
$959/mo
Year-over-Year
Stable
Month-over-Month
-9.9%
vs US Median
-$973
Reported rents
Falling (Monthly)
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Most AffordableMost Expensive
Delphi · $959
More affordable than 98% of US cities · National median $1,932/mo
Affordability
19% of income
VERY AFFORDABLE
0%30% benchmark60%+

At $959/mo, rent takes about 19% of the local median household income, comfortably within the 30% benchmark.

Income to afford
$38,000/yr
Local median income
$59,972/yr
Based on the 30%-of-income rule using Delphi's median rent and household income. See the full affordability breakdown →
Medians by bedroom

Rent by unit size

Studio
$720
1 BR
$820
2 BR
$970
3 BR
$1,230
4 BR+
$1,450
Fair Market Rent (HUD)
$970/mo

These are HUD Fair Market Rents, the payment standard for a Housing Choice Voucher (Section 8). They often differ from the $959 market median above, and that is expected: FMR is the 40th percentile of standard-quality units and counts gross rent, so it includes essential utilities such as electricity, water, gas, sewer, and trash. The market median is asking rent, which usually excludes utilities. HUD sets FMR once a year; market rent here updates monthly.

Source: HUD Small Area Fair Market Rents. Read the methodology →

Rent trends

12-month history

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Last updated: September 25, 2026

From the history

What the numbers show

What a typical income covers

30% of the median household income ($59,972) is $1,499 a month. That covers HUD's Fair Market Rent for up to a 4-bedroom ($1,450).

From Zillow's monthly rent index (ZORI) for Delphi. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost
$11,508/yr
At $959/mo median
Rent Market Meter
Strong Renter's Market
Renter's MarketBalancedLandlord's Market
Rents are down 0.0% year-over-year. Push hard on price, concessions, and lease terms.
Based on rent-price momentum (+0.0% YoY, -9.9% MoM), not inventory.
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Demographics

Who lives here

Delphi, IN is majority owner-occupied, has a large share of families with children, has a median income below the national average, 13.2% of residents hold a bachelor's degree or higher.

Population
2,927
Median income
$59,972
Median age
37
Renters
33.9%
Age distribution
28.3%
17%
23.5%
12.8%
18.5%
Under 1828.3%
18–3417%
35–5423.5%
55–6412.8%
65+18.5%
Gender
45%
55%
Male45%
Female55%
Race & ethnicity
83.8%
14.1%
White83.8%
Hispanic14.1%
Asian0.7%
Other1.3%
Education (25+)
51%
24.2%
13.2%
No HS diploma11.6%
HS diploma51%
Some college24.2%
Bachelor's+13.2%
Housing tenure
66.1%
33.9%
Owner66.1%
Renter33.9%

Source: U.S. Census Bureau · ACS 2024 5-Year Estimates

2021 vs 2026

How Delphi, IN has changed in 5 years

Income
$51,263 → $59,972
up 17.0%
Population
3,042 → 2,927
down 3.8%
Renter share
35.5% → 33.9%
-1.6 pts
Bachelor's+
9.9% → 13.2%
+3.3 pts
Median age
38 → 37
-1.0 yrs

On the earnings side, the typical household in Delphi, IN now reports about $59,972, up from $51,263 in 2021. The population has contracted by 3.8% since 2021, moving from about 3,042 residents to roughly 2,927. Renters now make up 33.9% of households, compared with 35.5% five years ago. College-educated residents now make up 13.2% of adults here, versus 9.9% in 2021.

Community

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View Delphi rent history (2015–2026) →
Salary vs rent

Can you afford rent in Delphi on your salary?

At $959/mo, how Delphi rent compares to typical pay (30% rule).

By apartment size

Delphi rent by bedroom count

Median rent for each apartment size in Delphi. Click any size for full breakdown.

Local insights

Tips for renters in Delphi

About renting in Delphi, IN

Last updated: September 25, 2026

The median rent in Delphi is $959/mo as of September 2026. A studio apartment averages $720/mo while a 2-bedroom runs $970/mo. One-bedroom apartments average $820/mo and 3-bedroom units go for $1,230/mo.

At 19% of local median household income ($59,972/yr), Delphi ranks as affordable compared to the national benchmark of 30%. Rent prices have stayed steady over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in Delphi?

To keep rent at or below 30% of gross income, you would need to earn at least $38,000/year (about $18/hour full-time) to afford the median rent of $959/mo in Delphi. The local median household income is $59,972/yr, so the typical household meets that bar.

Is rent going up or down in Delphi?

Rent in Delphi has been roughly flat over the past year, a 0.0% change.

How does Delphi rent compare to other cities in Indiana?

Delphi is one of the more affordable among Indiana cities for rent, ranking #59 of 62 tracked cities at $959/mo.

Which nearby cities are cheaper to rent in than Delphi?

Nearby cities with lower median rent than Delphi ($959/mo) include Logansport ($795/mo), and Frankfort ($939/mo).
Income Affordability
19%
VERY AFFORDABLE

At $959/mo, rent takes ~19% of Delphi's median household income ($59,972/yr). The standard benchmark is 30%.

Delphi 19%Benchmark 30%
State income tax3.05%
Run the Delphi affordability calculator →
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Neighborhoods

Estimated from ZIP-level data

Schools nearby

Public schools near Delphi, IN

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