City Report · IN

Fortville

Pop. 4,976·20th most expensive in Indiana·Rental market data updated monthly for Fortville, IN
Median rent (all units)
$1,662/mo
Year-over-Year
Stable
Month-over-Month
+1.9%
vs US Median
-$270
Reported rents
Rising (Monthly)
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Most AffordableMost Expensive
Fortville · $1,662
More affordable than 64% of US cities · National median $1,932/mo
Affordability
24% of income
VERY AFFORDABLE
0%30% benchmark60%+

At $1,662/mo, rent takes about 24% of the local median household income, comfortably within the 30% benchmark.

Income to afford
$66,000/yr
Local median income
$84,000/yr
Based on the 30%-of-income rule using Fortville's median rent and household income. See the full affordability breakdown →
Medians by bedroom

Rent by unit size

1 BR
$801
2 BR
$1,065
3 BR
$1,571
Fair Market Rent (HUD)
$1,065/mo

These are HUD Fair Market Rents, the payment standard for a Housing Choice Voucher (Section 8). They often differ from the $1,662 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 ($84,000) is $2,100 a month. That covers HUD's Fair Market Rent for up to a 3-bedroom ($1,571).

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

Annual cost
$19,944/yr
At $1,662/mo median
Rent Market Meter
Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are climbing (0.0% YoY), so leverage tilts toward landlords. Act sooner rather than later.
Based on rent-price momentum (+0.0% YoY, +1.9% MoM), not inventory.
Rent check

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Demographics

Who lives here

Fortville, IN is majority owner-occupied, 22.6% of residents hold a bachelor's degree or higher.

Population
4,976
Median income
$84,000
Median age
36
Renters
28.9%
Age distribution
24.8%
24.7%
28.6%
Under 1824.8%
18–3424.7%
35–5428.6%
55–6411.4%
65+10.6%
Gender
48.3%
51.7%
Male48.3%
Female51.7%
Race & ethnicity
83.3%
White83.3%
Black7.1%
Hispanic3.8%
Asian1.2%
Other4.6%
Education (25+)
13.3%
35.1%
29%
22.6%
No HS diploma13.3%
HS diploma35.1%
Some college29%
Bachelor's+22.6%
Housing tenure
71.1%
28.9%
Owner71.1%
Renter28.9%

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

2021 vs 2026

How Fortville, IN has changed in 5 years

Income
$76,455 → $84,000
up 9.9%
Population
4,781 → 4,976
up 4.1%
Renter share
20.6% → 28.9%
+8.3 pts
Bachelor's+
24.2% → 22.6%
-1.6 pts

Household income in the area moved from $76,455 to $84,000 across the same window, up 9.9% versus 2021. Census counts show Fortville, IN adding about 195 residents over the five-year window, up 4.1% on net. The renter share has risen from 20.6% to 28.9%, with owner-occupied housing accounting for the remainder.

Community

Discussions about Fortville

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

Can you afford rent in Fortville on your salary?

At $1,662/mo, how Fortville rent compares to typical pay (30% rule).

By apartment size

Fortville rent by bedroom count

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

Local insights

Tips for renters in Fortville

About renting in Fortville, IN

Last updated: September 25, 2026

The median rent in Fortville is $1,662/mo as of September 2026. a 2-bedroom runs $1,065/mo. One-bedroom apartments average $801/mo and 3-bedroom units go for $1,571/mo.

At 24% of local median household income ($84,000/yr), Fortville 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 Fortville?

To keep rent at or below 30% of gross income, you would need to earn at least $66,000/year (about $32/hour full-time) to afford the median rent of $1,662/mo in Fortville. The local median household income is $84,000/yr, so the typical household meets that bar.

Is rent going up or down in Fortville?

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

How does Fortville rent compare to other cities in Indiana?

Fortville is one of the pricier among Indiana cities for rent, ranking #20 of 62 tracked cities at $1,662/mo.

Which nearby cities are cheaper to rent in than Fortville?

Nearby cities with lower median rent than Fortville ($1,662/mo) include Lawrence ($1,540/mo).
Income Affordability
24%
VERY AFFORDABLE

At $1,662/mo, rent takes ~24% of Fortville's median household income ($84,000/yr). The standard benchmark is 30%.

Fortville 24%Benchmark 30%
State income tax3.05%
Run the Fortville affordability calculator →
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Neighborhoods

Estimated from ZIP-level data

Schools nearby

Public schools near Fortville, IN

Recent submissions

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