Renter Resources
Don't Sign the Lease Until You Understand These Clauses
One word in your lease can cost you hundreds or save you from a nightmare. Here's how to turn legalese into clear decisions before you sign.
•10 min read
What to Know About
Life in Paragon & Beyond
Paragon shares many of the great qualities that make Indiana a desirable place to live.
Indiana is where the past meets the present, and the great outdoors is right at your fingertips. Get to know the rich cultural heritage of this Midwestern gem by visiting incredible museums like the Eiteljorg Museum of American Indians and Western Art, or check out the top universities like Purdue University and Indiana University. Indiana is a hub of economic activity, with its thriving manufacturing, agriculture, and transportation industries.
The state also offers plenty of opportunities for those seeking adventure and excitement. From exploring the beautiful state parks to fishing in its many lakes and rivers, Indiana is a nature-lovers paradise from the Hoosier National Forest to the Ohio River. And for sports fans, check out the Indianapolis Colts (NFL) and Indiana Pacers (NBA) or catch a game at universities like Purdue or Indiana. In addition, discover famous attractions like the Indianapolis Motor Speedway, home of the world-famous Indianapolis 500 race, the Children's Museum of Indianapolis, and the historic town of Brown County.
With its strong economy, quality education, and lively atmosphere, Indiana is the perfect place to live.
Rental Market Trends
Morgan County, IN
As of August 2025, Morgan County's rental market is competitive, with strong renter demand causing quick leasing times for well-priced units. Morgan County's average rent is 16.7% ($208) lower than the Indiana average of $1,247 and 42.0% ($751) lower than the U.S. average of $1,790.
Average Rent
$1,039
Monthly ChangeMonth Over Month Change
19.8% ($256)
Yearly ChangeYear Over Year Change
32.2% ($494)
Avg. Days on MarketAverage Days on Market
33
| Unit Type | Average Rent | Monthly ChangeMonth Over Month Change | Yearly ChangeYear Over Year Change |
|---|---|---|---|
| 1 Bed | $980 | 7.9% ($72) | 13.7% ($156) |
| 2 Beds | $1,142 | 5.6% ($61) | 17% ($234) |
| 3 Beds | $1,427 | 8.8% ($115) | 16.1% ($273) |
| Cities within Morgan County | Average Rent | Avg. Rent vs. MorganAverage Rent vs. Morgan County | Avg. Days on MarketAverage Days on Market |
|---|---|---|---|
| Mooresville | $1,197 | 15.2% ($158) | 30 days |
| Camby | $1,383 | 33.1% ($344) | 29 days |
| Martinsville | $1,080 | 3.9% ($41) | 31 days |
Rental market trends are calculated using listing data from RentalSource.
Frequently Asked Questions
Morgan County Rental Market FAQs
Explore rental prices, market trends, and availability in Morgan County, IN.
The average rent in Morgan County, IN is $1,039 per month.
Homes in Morgan County typically rent for between $686 and $1,855 per month, with an average of $1,039 per month.
In Morgan County, the average rent for a 1-bedroom home is $980 per month, for a 2-bedroom home, $1,142 per month, and a 3-bedroom home is $1,427 per month.
The average rent in Morgan County is 42% ($751) lower than the national average of $1,790 per month.
The average rent in Morgan County has decreased by 19.8% ($256) in the last month and decreased by 32.2% ($494) over the past year.
The rental market in Morgan County, IN, is currently competitive, with strong renter demand causing quick leasing times for well-priced units.
In Morgan County, IN, the average rental stays on the market for approximately 33 days. While most properties are rented within this timeframe, factors like seasonality, demand, and property type can affect how quickly a rental leases.
There are currently 10 rental properties available in Morgan County, IN.
Based on the current averages, a household would need an annual income of $45,680 to comfortably afford a 2-bedroom home in Morgan County.
