Housing in Rutherford

A typical Rutherford home is worth roughly $230,000

Typical home value

$230K

IN $260K

Estimate

2-bedroom rent

$960

a month, utilities in · HUD

Median tax bill

$947

IN $1,614

Affordability

A typical home costs 2.9 years of income

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

You could afford about

$334,000

Typical Rutherford home $230K

That covers a typical Rutherford home, with $104K to spare.

The typical home, each month

$1,290

Loan $1,140Tax $80Insurance $70

A two-bedroom rents for about $960 a month here, $330 less than owning.

Where your budget reaches nearby

Harbison$249K Center$117K Reeve$247K Perry$172K

An estimate, not a loan offer: payments of up to 28% of income, a 30-year fixed loan, Rutherford’s typical property tax (0.41% 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 $960

Renters already here pay a median of $562, so moving in tends to cost more than staying put.

Fair Market Rent a month, utilities included

Studio$690

1 bedroom$730

2 bedrooms$960

3 bedrooms$1,160

4 bedrooms$1,280

23%

of households rent · IN 29%

renter households

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

14%

of the median income, for a two-bedroom

$562

median rent paid today · Census

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

The homes

77% of Rutherford households own their home

Half of Rutherford’s homes were built before 1993.

Owners and renters

Own 77%Rent 23%

Indiana: 71% own.

1993

typical home built · IN 1976

$947

median property tax bill · IN $1,614

0.41%

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

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

Next door

Rutherford vs. its neighbors

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

Harbison$249K Reeve$247K Rutherford$230K Perry$172K Center$117K

Compare more

Town	Typical value	1-yr change	2-bed rent	Median income
Rutherford	$230K*	—	$960	$80,000
Harbison	$249K*	—	$980	$113,125
Center	$117K*	—	$1,060	$60,529
Reeve	$247K*	—	$1,090	$61,224
Perry	$172K*	—	$970	$64,879

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 Rutherford buyers, sellers and renters are saying.

Town Square →

Weigh in

Is Rutherford 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.