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City · 7,078 residents · Jennings County, Indiana

North Vernon , Indiana

In North Vernon, a typical home is worth $128,600 and typical rent is $938 a month. Compared with all of Jennings County, typical household income is 26% lower, the typical home value is 20% lower, and the share of households that own their home is 20 points lower.

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  • Typical home value

    $128,600

    20% below the county

    41% below Indiana

    • North Vernon
    • Jennings
    • Indiana

  • Typical rent

    $938a month

    5% below the county

    12% below Indiana

    • North Vernon
    • Jennings
    • Indiana

  • Typical household income

    $51,429a year

    26% below the county

    29% below Indiana

    • North Vernon
    • Jennings
    • Indiana

  • Households that own their home

    59%

    20 points below the county

    12 points below Indiana

    • North Vernon
    • Jennings
    • Indiana

Source: U.S. Census Bureau, Average 2020–2024

Market now, with Zillow data

Zillow data
Typical home value
$212,025
5.6% more than 12 months ago

From Zillow (ZHVI), September 2026. The Census figures above are 5-year averages (2020–2024).

North Vernon is in Jennings County. The FHA loan limit ($541,287 for a one-unit home), the fair market rents and the help on this page are those of all of Jennings County. See the county

Data updated: October 1, 2026 11 official sources

Only here

What sets North Vernon apart

What this place has that others do not, from public data, most unusual first.

  1. 59% of households in North Vernon own their home, against 79% in Jennings County.

  2. The typical household income in North Vernon is $51,429, 26% less than in Jennings County as a whole ($69,322).

  3. The typical home in North Vernon is worth $128,600, 20% less than in Jennings County as a whole ($161,500).

Sources: U.S. Census Bureau (Average 2020–2024).

The homes here

Housing in North Vernon

What homes there are in North Vernon, what they cost, how that changed and how people live, from Census figures (2020–2024).

What homes there are

U.S. Census Bureau, ACS 5-year, 2020–2024

Kind of home

The detached house is still the most common home in North Vernon, but it weighs less than in Jennings County: 71% against 74%.

Year built

In North Vernon, half of the homes were built before 1971; in Jennings County, before 1982.

All homes, occupied or empty. A figure the Census cannot measure precisely enough here is not shown.

Census tables: B25024, B25034, B25035, B25041

What it costs here

U.S. Census Bureau, ACS 5-year, 2020–2024

Value of owner-occupied homes
Monthly rent with utilities

With a mortgage

$1,007 a month

Jennings County: $1,213 a month

Without a mortgage

$469 a month

Jennings County: $461 a month

Owners with a mortgage

68%

Jennings County: 59%

Owning costs less in North Vernon: with a mortgage, the typical cost is $1,007 a month; in Jennings County, $1,213. Without one, $469.

Value: what owners think their home is worth. Rent: rent plus utilities, for homes of every size. The FHA limit is the most an FHA loan (Federal Housing Administration) lends for a one-unit home; the fair market rent (FMR) is the one HUD uses for housing vouchers.

Census tables: B25075, B25063, B25088, B25081

How it changed

U.S. Census Bureau, ACS 5-year, 2015–2019 and 2020–2024

Change since 2015–2019

The typical home value in North Vernon rose 38% since 2015–2019, less than in Jennings County (47%).

Much as in Jennings County, the typical rent in North Vernon rose 36% since 2015–2019.

Change between two 5-year periods that do not overlap, in each period's dollars, not adjusted for inflation.

Census tables: B25077, B25064, B19013

How people live

U.S. Census Bureau, ACS 5-year, 2020–2024

MeasureNorth VernonJennings CountyIndianaUnited States
Rental vacancy Unreliable estimateUnreliable estimate5.6%5.5%
Homeowner vacancy Unreliable estimateUnreliable estimate0.8%0.9%
More than one person per room Unreliable estimate3.9%1.8%3.4%
People per household 2.302.482.462.53
Drive alone 77%82%76%69%
Carpool 13%11%9%9%
Public transit Unreliable estimateUnreliable estimate1%3%
Walk or bike Unreliable estimateUnreliable estimate2%3%
Work from home 8%5%11%15%
Other means Unreliable estimateUnreliable estimate1%2%
Typical commute Unreliable estimate20 to 29 minutes20 to 29 minutes20 to 29 minutes

Fewer people live in each home here: 2.30 on average, against 2.48 in Jennings County.

Working from home is more common in North Vernon: 8%, against 5% in Jennings County.

Vacancy: empty homes offered for rent or for sale. Rooms: every room in the home, not only bedrooms. Commute: the minute range of the typical worker.

Census tables: B25004, B25003, B25014, B25010, B08301, B08303

Do the math

What would you pay each month for a home in North Vernon?

A typical home is within reach of the typical income

We start with a typical home in North Vernon, worth $128,600, an FHA loan with 3.5% down and the latest average rate (7.18%). That payment would take 24% of the typical household income in North Vernon, which is $51,429 a year.

The calculator's FHA and conventional loan limits are those of all of Jennings County.

Your numbers

Local data
$

Starts at the typical home value in North Vernon. Change it to the price you have in mind.

Loan type
Your credit score

Your score changes which loans apply and FHA's minimum down payment. Your real rate also depends on your credit.

Down payment
%

That is $4,501 (3.5% of the price). The usual minimum for this loan is 3.5%.

This week's average ± a quarter or half point.

Term

National average as of November 5, 2026 (Freddie Mac); your rate may be different.

Adjust advanced details

Estimated monthly payment

Local data

$1,030

at 7.18% · 30 years

Loan amount
$126,271
Total interest
$181,674
Paid off in
November 2056

Includes $2,172 FHA upfront mortgage insurance premium.

Does it fit the income?

  • Comfortable

    up to $1,200 a month

    Your payment · 24%

  • Tight

    $1,200 to $1,543 a month

  • Hard

    more than $1,543 a month

Compared with the typical household income in North Vernon ($51,429 a year). Reference: HUD calls paying more than 30% of income for housing a cost burden.

Show the result as
per month$1,030
Principal & interest$855
Property tax$64
Home insurance$54
FHA mortgage insurance (MIP)$57

You need at least $4,501 for the down payment, plus closing costs.

Next step

This is an estimate to give you an idea, not a loan offer. Your real payment depends on your rate, your credit, and the insurance and taxes on the home you buy.

The city and its county

North Vernon and Jennings County

North Vernon is in Jennings County, Indiana. The U.S. Census Bureau publishes its own numbers for the city: home values, rent, household income, how many households own their home and the property tax. They are American Community Survey estimates (average 2020–2024).

North Vernon's own numbers

Typical home value
$128,600
Typical monthly rent
$938
Typical yearly household income
$51,429
Households that own their home
59%
Effective property tax rate
0.6%

U.S. Census Bureau, American Community Survey (average 2020–2024).

Numbers for all of Jennings County

FHA limit, one-unit home
$541,287
Conventional limit, one unit
$832,750
HUD fair market rent, 2 bedrooms
$1,040
Price change over 5 years (FHFA)
+61%
Homes in a high flood-risk zone
1.3%

HUD, FHFA and FEMA don't publish these numbers by city.

Other numbers are not published by city, only for the whole county: FHA and conventional loan limits, HUD’s fair market rents, FHFA’s price index and FEMA’s flood data. On this page, those numbers always say they are for all of Jennings County.

Everything about Jennings County

Buying

Buying a home in North Vernon

A typical home in North Vernon is worth $128,600: 20% below the county and 41% below Indiana. With the typical household income in North Vernon ($51,429 a year), a typical home costs 2.5 times what the household earns in a year.

Years of income to pay for a typical home

The typical home value divided by the typical household income for one year. The lower it is, the less buying weighs.

  • North Vernon 2.5 years
  • Jennings 2.3 years
  • Indiana 3.0 years
  • United States 4.1 years
Source: U.S. Census Bureau, Average 2020–2024

How prices have changed in Jennings County

According to FHFA’s house price index, home prices in Jennings County rose 111% in the 10 years through 2025.

FHFA does not publish this index by city: these are the numbers for all of Jennings County.

Period County Indiana U.S.
Last year (2025) +8.3% +4.3% +2.9%
5 years (2020–2025) +61% +53% +47%
10 years (2015–2025) +111% +95% +85%

The index follows the price of the same homes over time (sales and appraisals with Fannie Mae and Freddie Mac loans). It is not the average price of a home. FHFA considers its annual county indexes experimental. Source: FHFA, 2025 data

North Vernon next to Jennings County, Indiana and the U.S.

Three numbers side by side. “Typical” means the median: half are above it and half below.

Typical home value
  • North Vernon $128,600
  • Jennings $161,500
  • Indiana $218,200
  • United States $332,700
Typical monthly rent
  • North Vernon $938
  • Jennings $988
  • Indiana $1,062
  • United States $1,413
Typical yearly household income
  • North Vernon $51,429
  • Jennings $69,322
  • Indiana $71,957
  • United States $80,734
See the full table
North Vernon next to Jennings County and Indiana
Measure North Vernon Jennings County Indiana U.S.
Typical home value $128,600 $161,500 $218,200 $332,700
Typical monthly rent $938 $988 $1,062 $1,413
Typical yearly household income $51,429 $69,322 $71,957 $80,734
Households that own their home 59% 79% 71% 65%
Typical yearly property tax $778 $971 $1,614 $3,119
Effective property tax rate 0.6% 0.6% 0.74% 0.94%
Renters with high rent for their income 58% 44% 48% 51%

“Typical” means the median: half are above and half are below. ▲ and ▼ say whether the city is above or below Jennings County. “High rent” is the Census measure: renter households that pay 30% or more of their income in rent.

Four ways to pay for a typical home in North Vernon

For a typical $128,600 home in North Vernon, at Freddie Mac's average rate (7.18% as of November 5, 2026) over 30 years. The monthly payment adds principal and interest, North Vernon's typical property tax, an example home insurance and mortgage insurance when it applies.

  • FHA, 3.5% down $1,030a month

    Least cash to close
    Down payment
    $4,501
    Cash to close
    $8,359
    Rate
    7.18%
    Mortgage insurance
    FHA MIP · $57

  • Conventional, 5% down $1,007a month

    Down payment
    $6,430
    Cash to close
    $10,288
    Rate
    7.18%
    Mortgage insurance
    PMI · $61

  • Conventional, 20% down, no PMI $815a month

    Down payment
    $25,720
    Cash to close
    $29,578
    Rate
    7.18%
    Mortgage insurance
    None

  • ITIN, 15% down (example) $934a month

    Down payment
    $19,290
    Cash to close
    $23,148
    Rate
    8.18%
    Mortgage insurance
    None

The option that asks for the least cash to close is FHA, 3.5% down.

  • Cash to close = down payment plus 3% of the price in closing costs (example).
  • Minimum score: FHA requires 580 or higher for the minimum down payment (HUD Handbook 4000.1). * Fannie Mae requires 620 when a loan is underwritten by hand; its automated system has no fixed minimum.
  • The ITIN row is an example with a rate 1 percentage point higher: ITIN loans follow no federal rule and each lender sets its own down payment and rate. Nothing in this table promises an approval.

How much house can I afford? Estimate closing costs

Taxes and floods

Two costs that change from place to place

Property tax and flood insurance raise or lower what you pay each month. Here are the numbers for North Vernon and for Jennings County.

Property tax

Effective rate in North Vernon

0.6%of the home’s value each year

$778 a year for the typical owner in North Vernon.

  • North Vernon 0.6%
  • Jennings 0.6%
  • Indiana 0.74%

What Indiana publishes Homestead standard deduction: the amount drops each year (Indiana Department of Local Government Finance (DLGF), Form HC10)

Exemptions and deadlines in Indiana

Flood risk in Jennings County

FEMA does not publish these numbers by city: they are for all of Jennings County.

Homes in the high-risk zone
1.3%
159
Of those, with NFIP insurance
11%
County Indiana U.S.
Homes in the high-risk zone 1.3% 2.3% 3.5%
Of those, with NFIP insurance 11% 17% 48%

Most homeowners insurance policies do not cover flood damage.

Look up your address on FEMA’s map

Renting

Renting in North Vernon

Typical rent in North Vernon is $938 a month: 5% below the county. In North Vernon, 58% of renter households pay 30% or more of their income in rent.

HUD publishes a fair market rent for all of Jennings County, by unit size. To pay the 2-bedroom one ($1,040 a month) without spending more than 30% of your income, you would need to earn $20.00 an hour working full time.

HUD fair market rent for all of Jennings County

What you need to earn to pay it without spending more than 30% of income, working full time.

Size Fair rent a month Hourly wage Yearly income
Studio $778 $14.96 $31,120
1 bedroom $795 $15.29 $31,800
2 bedrooms $1,040 $20.00 $41,600
3 bedrooms $1,385 $26.63 $55,400
4 bedrooms $1,411 $27.13 $56,440

Includes basic utilities. It isn't the lowest or highest rent: it's a reference point. Source: HUD, Fiscal year 2027

By ZIP code

Fair market rent by ZIP code in North Vernon

HUD also publishes a fair market rent for each ZIP code (Small Area FMR, fiscal year 2027). North Vernon is in ZIP code 47265.

For 2 bedrooms it is $1,030: $10 less than the fair market rent for Jennings County ($1,040).

  • 47265 $1,030$1,370

1 of these ZIP codes crosses the city line: HUD sets the rent by ZIP code, not by city. A ZIP code counts for North Vernon when at least 50% of its land is inside the city or it covers at least 15% of the city (Census 2020 boundaries). Source: Small Area Fair Market Rents (HUD) Fiscal year 2027 Small Area Fair Market Rents (HUD) Source: Census Bureau ZCTA-to-place relationship file Data from 2020 data Census Bureau ZCTA-to-place relationship file

Is your rent high for your ZIP?

Low-income apartments

Low-income apartments in North Vernon

HUD lists 3 buildings with rents for lower incomes in North Vernon. These are the largest.

  • Lincoln Place Apts 934 Veterans Dr, North Vernon 47265 38 low-income homes · 1 bd: 38 · In service since 1994
  • Pineview Apartments 601 Henry St, North Vernon 47265 15 homes, 14 low-income · For people with disabilities (812) 378-4559
  • Aspen House 299 Hayden Pike, North Vernon 47265 8 low-income homes · For people with disabilities (812) 378-4559

See all 3 buildings in Jennings County Source: HUD, Retrieved November 6, 2026

Free help

Help to buy or rent in North Vernon

You do not have to do this alone. A HUD-approved housing counseling agency helps for free or at low cost: getting ready to buy, understanding your credit, or solving a problem with your rent.

We found no HUD-approved agencies with an office in Jennings County. The nearest ones are below; many serve by phone or online.

Two women and a girl laugh together at the bus stop.

HUD counseling is free or low-cost

Assistance programs in North Vernon

No down payment, repair or rent-help program on our list is for North Vernon or Jennings County. The ones below are statewide in Indiana: they work in North Vernon the same as in the rest of the state.

Which programs do I qualify for? All programs in Indiana

  • Next Home

    Statewide in Indiana

    Indiana state agency program with down payment assistance of 2.5% or 3.5% of the price, alongside a 30-year FHA or conventional mortgage. Offered by Indiana Housing and Community Development Authority (IHCDA).

    Type not stated

    See the program Official page

  • First Step

    Statewide in Indiana

    Indiana state agency 30-year FHA or conventional mortgage for first-time buyers (or homes in designated areas), with down payment assistance as a second mortgage with no interest or payments, repaid when the first mortgage ends. Offered by Indiana Housing and Community Development Authority (IHCDA).

    Deferred

    See the program Official page

Housing counselors near North Vernon

The HUD-approved agencies closest to the center of North Vernon, in a straight line, nearest first. If one says it serves in Spanish, its card says so.

  • City of Bloomington - Housing and Neighborhood Development (HAND)

    401 N Morton St, Bloomington · 50 miles away

    • Mortgage delinquency and default
    • Homelessness services
    • and 6 more
    (812) 349-3420

  • New Albany Housing Authority

    300 Erni Ave, New Albany · 51 miles away

    • Pre-purchase counseling
    • Homebuyer education workshops
    (812) 948-2319

  • Blue River Services Inc

    156 Autumn Ridge Dr NW, Corydon · 59 miles away · Spanish

    Also serves in Arabic, American Sign Language (ASL), Cambodian, Cantonese, and 19 more languages.

    • Budget and credit workshops
    • Fair housing pre-purchase workshops
    • and 6 more
    812-738-8016x104

All counseling agencies in Indiana

Help in Spanish near North Vernon

1 of the 3 agencies on this list says it serves in Spanish.

Ask for service in Spanish

When you call, say “Spanish, please” or ask if someone speaks Spanish. If not, ask whether they offer an interpreter.

Housing authorities of North Vernon

HUD lists no housing authority with an office in Jennings County. One in a neighboring county or the state’s may serve the area.

All housing agencies in Indiana Source: HUD

Cities

Nearby cities

The cities closest to North Vernon, with the typical home value.

Everything about Jennings County Housing in Indiana

Neighboring counties

If Jennings County is out of reach, look next door. Each number is that county's own.

Keep going

Guides for your next step

Short explanations, in plain language and with official sources, for buying or renting in North Vernon.

All guides
Three women of one family lean in together to stir the pan.

Questions

Housing questions about North Vernon

Short answers with the numbers for North Vernon and all of Jennings County. If your case is different, a HUD-approved counseling agency can guide you for free or at low cost.

How much does a typical home cost in North Vernon?

The typical home value in North Vernon is $128,600, according to the U.S. Census Bureau (average 2020–2024). For comparison, in Jennings County it is $161,500.

How much does it cost to rent in North Vernon?

Typical rent in North Vernon is $938 a month, according to the U.S. Census Bureau. HUD’s fair market rent for 2 bedrooms in Jennings County is $1,040.

What is the FHA loan limit in North Vernon?

North Vernon uses the FHA limit for all of Jennings County (2026): $541,287 for a one-unit home and $1,041,125 for a four-unit home.

How much property tax do owners pay in North Vernon?

The typical homeowner in North Vernon pays $778 a year, according to the U.S. Census Bureau. That is 0.6% of the home’s value; in Jennings County, the rate is 0.6%.

Where can I find free help to buy or rent in North Vernon?

We found no HUD-approved counseling agencies with an office in Jennings County; the nearest ones are on this page. They can help you get ready to buy, with your credit, or with rent.

Sources: American Community Survey (ACS) 5-year estimates (Average 2020–2024); FHA mortgage limits (HUD) (2026 data); Conforming loan limits (FHFA) (2026 data); Fair Market Rents (HUD) (Fiscal year 2027); Small Area Fair Market Rents (HUD) (Fiscal year 2027); Census Bureau ZCTA-to-place relationship file (2020 data); HUD-approved housing counseling agencies (Retrieved November 6, 2026); Public Housing Agencies (HUD) (Retrieved November 6, 2026); Freddie Mac Primary Mortgage Market Survey (PMMS) (As of November 5, 2026); FHFA House Price Index (HPI) (2025 data); Homes with flood insurance (NFIP, FEMA) (As of August 3, 2026).