Housing in Cain

A typical Cain home is worth roughly $134,000

Typical home value

$134K

IN $260K

Estimate

2-bedroom rent

$1,110

a month, utilities in · HUD

Median tax bill

$762

IN $1,614

What kind of housing town is Cain?

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

Your money goes further49% below the Indiana typical home.Older homesThe typical home was built around 1953.

★ 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

$343,000

Typical Cain home $134K

That covers a typical Cain home, with $209K to spare.

The typical home, each month

$760

Loan $660Tax $60Insurance $40

A two-bedroom rents for about $1,110 a month here, $350 more than owning.

Where your budget reaches nearby

Jackson$130K Wayne$122K Van Buren$117K Richland$188K

An estimate, not a loan offer: payments of up to 28% of income, a 30-year fixed loan, Cain’s typical property tax (0.57% 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

86% of Cain households own their home

Half of Cain’s homes were built before 1953.

Owners and renters

Own 86%Rent 15%

Indiana: 71% own.

1953

typical home built · IN 1976

$762

median property tax bill · IN $1,614

0.57%

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 $1,110

Renters already here pay a median of $1,013.

Fair Market Rent a month, utilities included

Studio$800

1 bedroom$850

2 bedrooms$1,110

3 bedrooms$1,360

4 bedrooms$1,840

15%

of households rent · IN 29%

renter households

17%

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

16%

of the median income, for a two-bedroom

$1,013

median rent paid today · Census

U.S. Department of Housing and Urban Development, Fair Market Rents by ZIP code (Fountain 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

Cain vs. its neighbors

Cain is the 2nd priciest of 5 neighboring towns. Tap one to see its housing page.

Richland$188K Cain$134K Jackson$130K Wayne$122K Van Buren$117K

Compare more

Town	Typical value	1-yr change	2-bed rent	Median income
Cain	$134K*	—	$1,110	$84,205
Jackson	$130K*	—	$1,070	$77,000
Wayne	$122K*	—	$1,110	$63,808
Van Buren	$117K*	+1.5%†	$960	$58,173
Richland	$188K*	+9.3%†	$990	$102,422

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 Cain buyers, sellers and renters are saying.

Town Square →

Weigh in

Is Cain 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.