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Kentland town, IN

ZIP 47951 — Housing & Real Estate

Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.

Middle ClassLow Snow Area

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 47951

Median Home Value
$102,400
Median Rent
$583
Affordability Snapshot
$28,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$658/mo PITI).

11%
Rent-to-Income Ratio

Below the 30% threshold — generally affordable for median earners.

1.6x
Home Price-to-Income Ratio

Below 3x — relatively affordable housing market.

14.6 yrs
Price-to-Rent Ratio

Years to break even buying vs renting at median home value and rent.

To comfortably buy a median-priced home in ZIP 47951 in Kentland town, IN, a household would need roughly $28,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $658. That sits below the local median household income ($63,228), suggesting the typical household income is closer to a workable buy-in level under these assumptions. Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Owner-occupied majority; balanced tenure mix.

Heating Fuel
Housing Metrics
Owner Occupied
79.8%+22% vs US avg
x
Vacancy Rate
9.6%-7% vs US avg
x
Broadband Access
89.4%+3% vs US avg
x
4+ Bedrooms
2.2%-85% vs US avg
x
Built Pre-1939
16.6%+30% vs US avg
x
Built Post-2014
0.0%
x
Rent Burden >30%
33.5%-33% vs US avg
x
Mortgage-Free
40.4%+6% vs US avg
x
$102,400
Home Value
$583
Rent
1947
Year Built
2012
Moved In

Residents have lived here since ~2012 on average

Housing Structure

Census ACS structure types (single-family, multi-unit, etc.).

  • 1-unit detached77.0%
  • 1-unit attached1.1%
  • 2-9 units9.8%
  • 10+ units2.9%
  • Mobile home & other9.1%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$102,400
Median rent$583
Owner-occupied79.8%
Vacant9.6%
Price-to-income1.6x
Est. income to buy$28,000