Housing in Washington

A typical Washington home is worth roughly $146,000

Typical home value

$146K

IN $260K

Estimate

2-bedroom rent

$980

a month, utilities in · HUD

Median tax bill

$938

IN $1,614

What kind of housing town is Washington?

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

Your money goes further44% below the Indiana typical home.

★ What stands out · Affordability

A typical home costs 2 years of income

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

You could afford about

$303,000

Typical Washington home $146K

That covers a typical Washington home, with $157K to spare.

The typical home, each month

$840

Loan $720Tax $80Insurance $40

A two-bedroom rents for about $980 a month here, $140 more than owning.

Where your budget reaches nearby

Jefferson$192K Harrison$236K Union$120K Van Buren$106K

An estimate, not a loan offer: payments of up to 28% of income, a 30-year fixed loan, Washington’s typical property tax (0.64% 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 $980

Renters already here pay a median of $1,056.

Fair Market Rent a month, utilities included

Studio$760

1 bedroom$800

2 bedrooms$980

3 bedrooms$1,270

4 bedrooms$1,570

17%

of households rent · IN 29%

renter households

38%

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

16%

of the median income, for a two-bedroom

$1,056

median rent paid today · Census

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

83% of Washington households own their home

Half of Washington’s homes were built before 1971.

Owners and renters

Own 83%Rent 17%

Indiana: 71% own.

1971

typical home built · IN 1976

$938

median property tax bill · IN $1,614

0.64%

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

Washington vs. its neighbors

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

Harrison$236K Jefferson$192K Washington$146K Union$120K Van Buren$106K

Compare more

Town	Typical value	1-yr change	2-bed rent	Median income
Washington	$146K*	—	$980	$74,595
Jefferson	$192K*	+4.5%†	$980	$70,694
Harrison	$236K*	+6.9%†	$1,040	$82,806
Union	$120K*	+19.5%†	$1,010	$66,902
Van Buren	$106K*	—	$1,120	$56,250

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 Washington buyers, sellers and renters are saying.

Town Square →

Weigh in

Is Washington still affordable for young families?

Your answer becomes a post in Town Square.

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.