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Gas City, IN Homes for Rent

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    $800 Per Month

    • 2 Beds
    • 1 Bath
    • Condo for Rent

    515 E North A St Unit A, Gas City, IN 46933

    Property Id: 2052874Welcome home to this 2-bedroom, 1-bath rental conveniently located in Gas City. This great unit offers comfortable living with a functional floor plan.Enjoy laundry on site. The property is located close to local shopping, dining, parks, and major roadways, making commuting and daily errands a breeze.

    515 E North A St Unit A, Gas City, IN 46933
  • /5

    $725

    Total Monthly Price

    • 1 Bed
    • 1 Bath
    • 600 Sq Ft
    • House for Rent

    421 E South D St, Gas City, IN 46933

    421 E. S. D ST. GAS CITY **HUD ACCEPTED**SEC DEP $725.00 *SUMMER SAVINGS! 50% OFF 2ND MONTHS RENT!*$725.00 MONTHLY1 BEDROOM, 1 BATHROOM BACK HOUSE LOCATED IN GAS CITY. THE UNIT HAS A LARGE LIVING ROOM. THE BATHROOM HAS A TUB/SHOWER COMBO. THE KITCHEN HAS AN ELECTRIC STOVE AND REFRIGERATOR PROVIDED. WASHER & DRYER HOOKUP IN THE KITCHEN. VINYL FLOORING THROUGHOUT. CARPET IN

    421 E South D St, Gas City, IN 46933

Why Live in Gas City

Gas City, Indiana is a small east-central Indiana community of about 6,100 people that grew up around a late-19th-century natural gas boom and is now seeing new life. Its location right by Interstate 69 puts Fort Wayne about 55 miles to the north and Indianapolis about 80 miles to the south, while nearby Marion is the Grant County seat and home to larger medical facilities like Marion Health – MGH Campus. Housing here leans heavily toward early- to mid-20th-century ranch and bungalow homes along wide residential streets with mature trees and sidewalks. Many older houses have been bought and renovated in recent years, especially in areas where prices were historically low, while move-in-ready homes sit at the higher end of the local market. Main Street is the core of downtown activity and shows visible reinvestment, with remodeled storefronts, decorative flower pots, and local businesses such as salons, boutiques, thrift shops, restaurants, a pizza place with pizza flights, a brewing company with rotating food trucks, and a neighborhood grocery store. Gas City Park along the Mississinewa River has a boat ramp, playgrounds, a public pool, a fishing pond, and an adjacent dog park, and sits near the Cardinal Greenway trail. Local attractions include the annual Ducktail Run Rod & Custom Car Show and a free summer concert series at the park, with the James Dean Festival’s car show in nearby Fairmount adding to the late-September activity.

Frequently Asked Questions

How much does it cost to rent a home in Gas City, IN?
The median rent for a home in Gas City, IN is $825 per month, though prices vary by neighborhood, size, and property type. As of July 2026, single-family homes tend to be the most affordable option while condos are currently more expensive.
How much do you need to make to afford rent in Gas City, IN?
To comfortably afford the median rent in Gas City, IN, a household needs to earn roughly $33,000 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $825 per month in Gas City, IN, renters typically need to show $2,475 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.
Is it more affordable to rent or buy in Gas City, IN?
In Gas City, IN, the price-to-rent ratio is 18.0, which generally favors renting. This ratio divides the median home price by the annual median rent: below 15 typically favors buying, 15 to 20 is balanced, and above 20 typically favors renting. Your finances, how long you plan to stay, and costs like mortgage rates, taxes, and maintenance all factor into the decision.
What neighborhoods in Gas City, IN are best for renting a home?
The best neighborhood for renting in Gas City, IN depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a home include Anthony-Northside, Downtown Marion, Franklin, Sky Park and Cowing Park, each with its own character and price range.

Rental Home Trends

Number of Homes for Rent
2
Median Rent
$825
Median Single Family Home Rent
$725
Median Condo Rent
$850
How to Rent a Home