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Housing in Sterling

A typical Sterling home is worth roughly $115,000

Typical home value
$115K
IN $260K
Estimate
2-bedroom rent
$960
a month, utilities in · HUD
Median tax bill
$966
IN $1,614

What kind of housing town is Sterling?

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

★ What stands out · Affordability

A typical home costs 2.8 years of income

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

You could afford about
$161,000
Typical Sterling home $115K

That covers a typical Sterling home, with $46K to spare.

The typical home, each month
$680
Loan $570Tax $80Insurance $30

A two-bedroom rents for about $960 a month here, $280 more than owning.

An estimate, not a loan offer: payments of up to 28% of income, a 30-year fixed loan, Sterling’s typical property tax (0.84% 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 $634, so moving in tends to cost more than staying put.

Fair Market Rent a month, utilities included

Studio$690
1 bedroom$830
2 bedrooms$960
3 bedrooms$1,330
4 bedrooms$1,530
15%
of households rent · IN 29%
88
renter households
46%
of renters spend 30%+ of income on rent · IN 48%
28%
of the median income, for a two-bedroom
$634
median rent paid today · Census

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

85% of Sterling households own their home

Half of Sterling’s homes were built before 1983.

Owners and renters
Own 85%Rent 15%

Indiana: 71% own.

1983
typical home built · IN 1976
$966
median property tax bill · IN $1,614
0.84%
of a home’s value, a year in tax · IN 0.74%
1%
of homes are seasonal or vacation homes

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

Next door

Sterling vs. its neighbors

Sterling is the 4th least expensive of 8 neighboring towns. Tap one to see its housing page.

Compare more
TownTypical value1-yr change2-bed rentMedian income
Sterling$115K*—$960$41,250
Patoka$162K*—$1,000$60,441
Union$104K*—$960$33,553
Liberty$103K*—$960$49,593
Whiskey Run$154K*—$980$58,531
Jennings$144K*—$1,030$48,750
Ohio$74K*—$1,030—
Greenfield$146K*−3.2%†$980$42,375

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 Sterling buyers, sellers and renters are saying.

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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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