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Housing in French Lick

A typical French Lick home is worth roughly $85,000

Builders were permitted 9 new homes in 2025.

Typical home value
$85K
IN $260K
Estimate
2-bedroom rent
$990
a month, utilities in · HUD
Median tax bill
$581
IN $1,614

What kind of housing town is French Lick?

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

★ 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
$221,000
Typical French Lick home $85K

That covers a typical French Lick home, with $136K to spare.

The typical home, each month
$490
Loan $420Tax $50Insurance $20

A two-bedroom rents for about $990 a month here, $500 more than owning.

Where your budget reaches nearby

How French Lick ranks on affordability →

An estimate, not a loan offer: payments of up to 28% of income, a 30-year fixed loan, French Lick’s typical property tax (0.68% of value a year, from the Census) and insurance of about 0.35%. Mortgage insurance, HOA fees and other debts aren’t included.

Renting

A two-bedroom rents for about $990

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$710
1 bedroom$760
2 bedrooms$990
3 bedrooms$1,370
4 bedrooms$1,610
34%
of households rent · IN 29%
286
renter households
57%
of renters spend 30%+ of income on rent · IN 48%
22%
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 (Dubois County, IN): the 40th-percentile rent plus utilities for a standard unit. Median rent and renters: U.S. Census Bureau, American Community Survey.

New construction

9 new homes permitted in 2025

Builders were permitted 9 new homes in French Lick in 2025, all single-family houses, worth about $3.1 million to build. That's 4.9 per 1,000 residents, about the pace of Indiana as a whole. Over the past 10 years, French Lick has permitted 101 homes in all.

Single-family2+ homes per building
0204060 200020052010201520202025
9
new homes permitted in 2025
7
2026 so far (Jan–Aug)
4.9
per 1,000 residents · IN 6
101
homes in the past 10 years
Homes vs. people, 2010–2020
Residents−85
New homes+67

Between the 2010 and 2020 censuses, French Lick's population fell by 85 even though 67 new homes were permitted. Homes are holding fewer people: households are getting smaller, or more homes are used part of the year. Across Indiana: 1.7 new residents per new home.

Every year as a table
YearNew homesSingle-family2+ per buildingValue
2026 (Jan–Aug)770$2 million
2025990$3.1 million
20241596$2.3 million
2023990$1.6 million
2022440$710,000
2021220$315,000
2020844$995,000
201951249$3 million
2018110$70,000
2017110$120,000
2016110$70,000
2015110$125,000
2014000—
2013330$517,000
2012330$517,000
2011330$517,000
2010330$517,000
2009440$689,000
2008550$861,000
2007660$1 million
2006990$1.6 million
2005660$280,000
2004330$375,000
2003110$131,000
2002110$125,000
2001000—
2000440$262,000

Homes authorized by building permits, counted in the year the permit was issued. U.S. Census Bureau, Building Permits Survey.

The homes

66% of French Lick households own their home

Half of French Lick’s homes were built before 1959.

Owners and renters
Own 66%Rent 34%

Indiana: 71% own.

1959
typical home built · IN 1976
$581
median property tax bill · IN $1,614
0.68%
of a home’s value, a year in tax · IN 0.74%
2%
of homes are seasonal or vacation homes

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

Next door

French Lick vs. its neighbors

The towns that share a border with French Lick. Tap one to see its housing page.

Compare more
TownTypical value1-yr change2-bed rentNew homes 2025Median income
French Lick$85K*—$9909$54,519
West Baden Springs$207K+3.4%$9600$42,857

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.

On the market in French Lick

Listed in the past 60 days. Each opens on the listing site.

Neighbors talk housing

What French Lick buyers, sellers and renters are saying.

Town Square →
Weigh in
Is French Lick 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. New homes: U.S. Census Bureau, Building Permits 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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