Housing in Boone

A typical Boone home is worth roughly $98,000

Typical home value

$98K

IN $260K

Estimate

2-bedroom rent

$1,020

a month, utilities in · HUD

Median tax bill

$909

IN $1,614

What kind of housing town is Boone?

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

Your money goes further62% below the Indiana typical home.Older homesThe typical home was built around 1938.

★ What stands out · Affordability

A typical home costs 1.6 years of income

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

You could afford about

$240,000

Typical Boone home $98K

That covers a typical Boone home, with $142K to spare.

The typical home, each month

$590

Loan $490Tax $80Insurance $30

A two-bedroom rents for about $1,020 a month here, $430 more than owning.

Where your budget reaches nearby

Harrison$94K Van Buren$86K Cass$183K Jefferson$198K

How Boone ranks on affordability →

An estimate, not a loan offer: payments of up to 28% of income, a 30-year fixed loan, Boone’s typical property tax (0.93% 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

79% of Boone households own their home

Half of Boone’s homes were built before 1938.

Owners and renters

Own 79%Rent 22%

Indiana: 71% own.

1938

typical home built · IN 1976

$909

median property tax bill · IN $1,614

0.93%

of a home’s value, a year in tax · IN 0.74%

U.S. Census Bureau, American Community Survey 2020-2024.

Renting

A two-bedroom rents for about $1,020

Renters already here pay a median of $828, so moving in tends to cost more than staying put.

Fair Market Rent a month, utilities included

Studio$830

1 bedroom$840

2 bedrooms$1,020

3 bedrooms$1,350

4 bedrooms$1,410

22%

of households rent · IN 29%

renter households

37%

of renters spend 30%+ of income on rent · IN 48%

20%

of the median income, for a two-bedroom

$828

median rent paid today · Census

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

Next door

Boone vs. its neighbors

Boone is the 3rd least expensive of 5 neighboring towns. Tap one to see its housing page.

Jefferson$198K Cass$183K Boone$98K Harrison$94K Van Buren$86K

Compare more

Town	Typical value	1-yr change	2-bed rent	Median income
Boone	$98K*	—	$1,020	$62,109
Harrison	$94K*	—	$990	$66,953
Van Buren	$86K*	—	$1,020	$53,214
Cass	$183K*	—	$1,060	$90,066
Jefferson	$198K*	+4.3%†	$990	$90,750

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 Boone buyers, sellers and renters are saying.

Town Square →

Weigh in

Is Boone still affordable for young families?

Your answer becomes a post in Town Square.

Start the conversation

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.