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Housing in Allen

A typical Allen home is worth roughly $160,000

Typical home value
$160K
IN $260K
Estimate
2-bedroom rent
$1,140
a month, utilities in · HUD
Median tax bill
$643
IN $1,614

What kind of housing town is Allen?

Read from the numbers below. The page puts what stands out first.

★ What stands out · Renting

A two-bedroom rents for about $1,140

Renters already here pay a median of $675, so moving in tends to cost more than staying put.

Fair Market Rent a month, utilities included

Studio$820
1 bedroom$890
2 bedrooms$1,140
3 bedrooms$1,360
4 bedrooms$1,560
17%
of households rent · IN 29%
26
renter households
$675
median rent paid today · Census

U.S. Department of Housing and Urban Development, Fair Market Rents by ZIP code (Fulton County, IN): the 40th-percentile rent plus utilities for a standard unit. Median rent and renters: U.S. Census Bureau, American Community Survey.

Affordability

A typical home costs 3.2 years of income

Less than across Indiana (3.6 years). Try your own numbers below.

You could afford about
$209,000
Typical Allen home $160K

That covers a typical Allen home, with $49K to spare.

The typical home, each month
$890
Loan $790Tax $50Insurance $50

A two-bedroom rents for about $1,140 a month here, $250 more than owning.

Where your budget reaches nearby

How Allen ranks on affordability →

An estimate, not a loan offer: payments of up to 28% of income, a 30-year fixed loan, Allen’s typical property tax (0.40% of value a year, from the Census) and insurance of about 0.35%. Mortgage insurance, HOA fees and other debts aren’t included.

The homes

83% of Allen households own their home

Half of Allen’s homes were built before 1938.

Owners and renters
Own 83%Rent 17%

Indiana: 71% own.

1938
typical home built · IN 1976
$643
median property tax bill · IN $1,614
0.40%
of a home’s value, a year in tax · IN 0.74%

U.S. Census Bureau, American Community Survey 2020-2024 · figures for a place this size carry wide margins of error.

Next door

Allen vs. its neighbors

Allen is the 2nd least expensive of 5 neighboring towns. Tap one to see its housing page.

Compare more
TownTypical value1-yr change2-bed rentMedian income
Allen$160K*—$1,140$49,736
Union$178K*—$1,070$66,471
Liberty$122K*+7.1%†$1,010$53,750
Perry$224K*—$1,110$111,563
Henry$202K*−5.8%†$1,020$79,539

Typical value: Zillow Home Value Index; * Census median home value where Zillow has none. † FHFA price index change where Zillow has none. Rent: HUD Fair Market Rent. New homes: Census building permits.

Neighbors talk housing

What Allen buyers, sellers and renters are saying.

Town Square →
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Is Allen still affordable for young families?

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Home values: Zillow Home Value Index (ZHVI), Zillow Research. Sales, days on market and supply: Redfin Data Center. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers. The calculator is an estimate, not a loan offer.

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