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City Report · IN

Granger

Pop. 30,321·1st most expensive in Indiana·Granger rents are up 19.4% over the past year
Median rent (all units)
$2,133/mo
Year-over-Year
+19.4%
Month-over-Month
+5.4%
vs US Median
+$171
Rising (Monthly)
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Most AffordableMost Expensive
Granger · $2,133
More expensive than 66% of US cities · National median $1,962/mo
Affordability
21% of income
VERY AFFORDABLE
0%30% benchmark60%+

At $2,133/mo, rent takes about 21% of the local median household income, comfortably within the 30% benchmark.

Income to afford
$85,000/yr
Local median income
$123,318/yr
Based on the 30%-of-income rule using Granger's median rent and household income. See the full affordability breakdown →
Medians by bedroom

Rent by unit size

Studio
$1,070
1 BR
$1,310
2 BR
$1,540
3 BR
$1,910
4 BR+
$2,040
Fair Market Rent (HUD)
$1,540/mo

These are HUD Fair Market Rents, the payment standard for a Housing Choice Voucher (Section 8). They often differ from the $2,133 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: August 17, 2026

Annual cost
$25,596/yr
At $2,133/mo median
Rent Market Meter
Strong Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are up 19.4% year-over-year. Expect competition, and move quickly to lock in terms.
Based on rent-price momentum (+19.4% YoY, +5.4% MoM), not inventory.
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Demographics

Who lives here

Granger, IN is majority owner-occupied, has a large share of families with children, has a median income above the national average, 56.3% of residents hold a bachelor's degree or higher.

Population
30,321
Median income
$123,318
Median age
40.4
Renters
4.7%
Age distribution
28.4%
14.2%
26.2%
13.1%
18.1%
Under 1828.4%
18–3414.2%
35–5426.2%
55–6413.1%
65+18.1%
Gender
48.8%
51.2%
Male48.8%
Female51.2%
Race & ethnicity
81.4%
White81.4%
Black3.1%
Hispanic5.5%
Asian7%
Other3%
Education (25+)
16.6%
23.6%
56.3%
No HS diploma3.5%
HS diploma16.6%
Some college23.6%
Bachelor's+56.3%
Housing tenure
95.3%
Owner95.3%
Renter4.7%

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

2021 vs 2026

How Granger, IN has changed in 5 years

Income
$108,252 → $123,318
up 13.9%
Population
30,394 → 30,321
down 0.2%
Renter share
4.4% → 4.7%
+0.3 pts
Bachelor's+
55.3% → 56.3%
+1.0 pts
Median age
39.9 → 40.4
+0.5 yrs

Median household income grew from $108,252 to $123,318 between 2021 and 2024, a 13.9% shift.

Community

Discussions about Granger

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

Can you afford rent in Granger on your salary?

At $2,133/mo, how Granger rent compares to typical pay (30% rule).

By apartment size

Granger rent by bedroom count

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

Local insights

Tips for renters in Granger

About renting in Granger, IN

Last updated: August 17, 2026

The median rent in Granger is $2,133/mo as of August 2026. A studio apartment averages $1,070/mo while a 2-bedroom runs $1,540/mo. One-bedroom apartments average $1,310/mo and 3-bedroom units go for $1,910/mo.

At 21% of local median household income ($123,318/yr), Granger ranks as affordable compared to the national benchmark of 30%. Rents have increased 19.4% over the past year.

FAQ

Frequently asked questions

Is Granger an affordable city for renters?

Granger is considered very affordable for renters. At $2,133/mo, rent takes approximately 21% of the local median household income ($123,318/yr). The standard benchmark is 30%. Granger falls comfortably within that range.

How much income do you need to rent in Granger?

To keep rent at or below 30% of gross income, you would need to earn at least $85,000/year (~$41/hour full-time) to afford the median rent of $2,133/mo in Granger. The local median household income is $123,318/yr, meaning the typical Granger household meets that threshold.

Is rent going up or down in Granger?

Rent in Granger has increased 19.4% over the past year as of August 2026, putting upward pressure on renter budgets.

How does Granger rent compare to other cities in Indiana?

Granger is one of the pricier cities in Indiana for rent, ranking #1 out of 62 tracked cities at $2,133/mo.

Which nearby cities are cheaper to rent in than Granger?

Several nearby cities have lower median rents than Granger ($2,133/mo): Goshen ($1,068/mo), Niles ($1,094/mo), Elkhart ($1,155/mo).

What percentage of Granger residents rent vs. own?

According to Census data, approximately 4.7% of Granger households are renters, while 95.3% are owner-occupied. Granger leans toward homeownership, which can mean a smaller rental inventory.

How does Granger rent compare to the national average?

Granger's median rent of $2,133/mo is $171 (9%) above the US national median of $1,962/mo. Within Indiana, it ranks #1 out of 62 tracked cities.
Income Affordability
21%
VERY AFFORDABLE

At $2,133/mo, rent takes ~21% of Granger's median household income ($123,318/yr). The standard benchmark is 30%.

Granger 21%Benchmark 30%
State income tax3.05%
Run the Granger affordability calculator →
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Neighborhoods

Estimated from ZIP-level data

Schools nearby

Public schools near Granger, IN

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