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Housing in Polk

A typical Polk home is worth roughly $154,000

Typical home value
$154K
IN $260K
Estimate
2-bedroom rent
$960
a month, utilities in · HUD
Median tax bill
$1,039
IN $1,614

What kind of housing town is Polk?

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

★ What stands out · Affordability

What it takes to buy in Polk

Try your own numbers below.

You could afford about
$287,000
Typical Polk home $154K

That covers a typical Polk home, with $133K to spare.

The typical home, each month
$900
Loan $760Tax $90Insurance $40

A two-bedroom rents for about $960 a month here, $60 more than owning.

Where your budget reaches nearby

How Polk ranks on affordability →

An estimate, not a loan offer: payments of up to 28% of income, a 30-year fixed loan, the Indiana typical property tax (0.74% 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

96% of Polk households own their home

Half of Polk’s homes were built before 1985.

Owners and renters
Own 96%Rent 4%

Indiana: 71% own.

1985
typical home built · IN 1976
$1,039
median property tax bill · IN $1,614

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

Renting

A two-bedroom rents for about $960

Fair Market Rent a month, utilities included

Studio$690
1 bedroom$730
2 bedrooms$960
3 bedrooms$1,230
4 bedrooms$1,470
4%
of households rent · IN 29%
6
renter households

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

Polk vs. its neighbors

Polk 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
Polk$154K*—$960$92,656
Lancaster$245K*+1.5%†$970$88,182
Lagro$207K+5.5%$1,000$82,394
Dallas$162K*—$960$77,727
Liberty$136K*—$1,060$65,046

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 Polk buyers, sellers and renters are saying.

Town Square →
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Is Polk 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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