$895 Per Month
- 2 Beds
- 1 Bath
- Condo for Rent
930-01-1/2 State St Unit 930-01 State Street, Logansport, IN 46947
Frequently Asked Questions
How much does it cost to rent a home in Logansport, IN?
The median rent for a home in Logansport, IN is $895 per month, though prices vary by neighborhood, size, and property type. As of August 2026, condos tend to be the most affordable option.
How much do you need to make to afford rent in Logansport, IN?
To comfortably afford the median rent in Logansport, IN, a household needs to earn roughly $35,800 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 $895 per month in Logansport, IN, renters typically need to show $2,685 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 Logansport, IN?
In Logansport, IN, the price-to-rent ratio is 14.0, 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 Logansport, IN are best for renting a home?
The best neighborhood for renting in Logansport, IN depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a home include Bon Air and Old Silk Stocking, each with its own character and price range.
