Housing in Jennings

A typical Jennings home is worth roughly $144,000

#34Lowest property tax in IN #72Most affordable in IN #76Cheapest rent in IN All IN rankings →

Typical home value

$144K

IN $260K

Estimate

2-bedroom rent

$1,030

a month, utilities in · HUD

Median tax bill

$1,302

IN $1,614

What kind of housing town is Jennings?

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

Your money goes further45% below the Indiana typical home.Low tax bills#34 of 601 in IN for the lowest property tax bills.Rent is cheap#76 in IN for the cheapest rent.A town of owners91% of households own their home.

★ What stands out · Affordability

A typical home costs 3 years of income

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

You could afford about

$191,000

Typical Jennings home $144K

That covers a typical Jennings home, with $47K to spare.

The typical home, each month

$860

Loan $710Tax $110Insurance $40

A two-bedroom rents for about $1,030 a month here, $170 more than owning.

Where your budget reaches nearby

Harrison$248K Ohio$74K Whiskey Run$154K Leavenworth$109K Spencer$232K Sterling$115K

How Jennings ranks on affordability →

An estimate, not a loan offer: payments of up to 28% of income, a 30-year fixed loan, Jennings’s typical property tax (0.90% 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 $1,030

Fair Market Rent a month, utilities included

Studio$760

1 bedroom$880

2 bedrooms$1,030

3 bedrooms$1,390

4 bedrooms$1,580

of households rent · IN 29%

renter households

64%

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

25%

of the median income, for a two-bedroom

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

The homes

91% of Jennings households own their home

Half of Jennings’s homes were built before 1984.

Owners and renters

Own 91%Rent 9%

Indiana: 71% own.

1984

typical home built · IN 1976

$1,302

median property tax bill · IN $1,614

0.90%

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

of homes are seasonal or vacation homes

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

Next door

Jennings vs. its neighbors

Jennings is the 4th least expensive of 7 neighboring towns. Tap one to see its housing page.

Harrison$248K Spencer$232K Whiskey Run$154K Jennings$144K Sterling$115K Leavenworth$109K Ohio$74K

Compare more

Town	Typical value	1-yr change	2-bed rent	New homes 2025	Median income
Jennings	$144K*	—	$1,030	—	$48,750
Harrison	$248K*	+4.8%†	$1,110	—	$66,722
Ohio	$74K*	—	$1,030	—	—
Whiskey Run	$154K*	—	$980	—	$58,531
Leavenworth	$109K	−11%	$1,070	0	$65,586
Spencer	$232K*	—	$1,150	—	$95,793
Sterling	$115K*	—	$960	—	$41,250

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 Jennings buyers, sellers and renters are saying.

Town Square →

Weigh in

Is Jennings still affordable for young families?

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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.