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Housing in Warren

A typical Warren home is worth roughly $171,000

Home prices around Warren have risen about 88% over the past 5 years.

Typical home value
$171K
▲ 25.9% in a year · IN $260K
Estimate
2-bedroom rent
$1,050
a month, utilities in · HUD
Median tax bill
$953
IN $1,614

What kind of housing town is Warren?

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

★ What stands out · Price trend

Home prices up 88% in 5 years

The federal house price index for the ZIP codes around Warren rose 88% over the past 5 years, faster than across Indiana (53%). Last year prices rose 26%.

Warren areaIndiana
0%+50%+100%+150%+200%200020052010201520202025
+26%
past year
+88%
past 5 years
+142%
past 10 years

Federal Housing Finance Agency House Price Index (annual) for the ZIP codes around Warren, weighted by land area. It tracks repeat sales of the same homes, so it shows how prices changed, not what homes cost.

Affordability

A typical home costs 2.6 years of income

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

You could afford about
$270,000
Typical Warren home $171K

That covers a typical Warren home, with $99K to spare.

The typical home, each month
$980
Loan $850Tax $80Insurance $50

A two-bedroom rents for about $1,050 a month here, $70 more than owning.

An estimate, not a loan offer: payments of up to 28% of income, a 30-year fixed loan, Warren’s typical property tax (0.56% 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 $1,050

Fair Market Rent a month, utilities included

Studio$750
1 bedroom$880
2 bedrooms$1,050
3 bedrooms$1,260
4 bedrooms$1,620
14%
of households rent · IN 29%
6
renter households

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

86% of Warren households own their home

Half of Warren’s homes were built before 1965.

Owners and renters
Own 86%Rent 14%

Indiana: 71% own.

1965
typical home built · IN 1976
$953
median property tax bill · IN $1,614
0.56%
of a home’s value, a year in tax · IN 0.74%

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

Next door

Warren vs. its neighbors

Warren is the 3rd least expensive of 7 neighboring towns. Tap one to see its housing page.

Compare more
TownTypical value1-yr change2-bed rentMedian income
Warren$171K*+25.9%†$1,050$66,193
Davis$124K*+25.9%†$1,050$70,052
Logan$139K*+25.9%†$1,050$68,444
Liberty$183K*+10.5%†$1,020$140,250
Medina$284K*—$1,090$121,739
Washington$172K*+6.4%†$1,000$68,966
Independence—+25.9%†$1,050—
Shelby$330K*+0.9%†$1,260$94,688

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 Warren buyers, sellers and renters are saying.

Town Square →
Weigh in
Is Warren 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. Price trend: Federal Housing Finance Agency House Price Index. 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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