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City · 6,215 residents · Fulton County, Indiana

Rochester , Indiana

In Rochester, a typical home is worth $137,400 and typical rent is $867 a month. Compared with all of Fulton County, the typical home value is 12% lower, typical household income is 7% lower, and the share of households that own their home is 14 points lower.

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  • Typical home value

    $137,400

    12% below the county

    37% below Indiana

    • Rochester
    • Fulton
    • Indiana

  • Typical rent

    $867a month

    3% above the county

    18% below Indiana

    • Rochester
    • Fulton
    • Indiana

  • Typical household income

    $57,008a year

    7% below the county

    21% below Indiana

    • Rochester
    • Fulton
    • Indiana

  • Households that own their home

    66%

    14 points below the county

    5 points below Indiana

    • Rochester
    • Fulton
    • Indiana

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

Market now, with Zillow data

Zillow data
Typical home value
$222,783
7.6% more than 12 months ago

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

Rochester is in Fulton 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 Fulton County. See the county

Data updated: October 1, 2026 11 official sources

Only here

What sets Rochester apart

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

  1. Rochester has the 5th smallest share of rent-burdened renters of the 120 cities in Indiana with more than 5,000 people (33%).

  2. Nearby, in Logansport, the typical home value is $92,200: 33% less than in Rochester ($137,400).

  3. According to Zillow, in the 12 months to September 2026 the typical home value in Rochester rose 7.6%; in Indiana, it rose 2.9%.

  4. 66% of households in Rochester own their home, against 80% in Fulton County.

Sources: U.S. Census Bureau (Average 2020–2024); Zillow (September 2026 data). Zillow data

The homes here

Housing in Rochester

What homes there are in Rochester, 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 Rochester, but it weighs less than in Fulton County: 75% against 80%.

Year built

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

$1,137 a month

Fulton County: $1,173 a month

Without a mortgage

$327 a month

Fulton County: $435 a month

Owners with a mortgage

56%

Fulton County: 55%

The typical cost for an owner with a mortgage in Rochester is $1,137 a month, near the figure in Fulton County ($1,173).

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 Rochester rose 33% since 2015–2019, less than in Fulton County (51%).

Rents in Rochester rose faster than in Fulton County: 28% since 2015–2019, against 22%.

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

MeasureRochesterFulton 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 estimateUnreliable estimate1.8%3.4%
People per household 2.182.502.462.53
Drive alone 78%77%76%69%
Carpool Unreliable estimate14%9%9%
Public transit Unreliable estimateUnreliable estimate1%3%
Walk or bike Unreliable estimateUnreliable estimate2%3%
Work from home Unreliable estimate5%11%15%
Other means Unreliable estimateUnreliable estimate1%2%
Typical commute Unreliable estimateUnreliable estimate20 to 29 minutes20 to 29 minutes

On average, a household in Rochester has 2.18 people, fewer than in Fulton County (2.50).

To get to work, 78% of workers in Rochester drive alone; in Fulton County, 77%.

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 Rochester?

A typical home is within reach of the typical income

We start with a typical home in Rochester, worth $137,400, an FHA loan with 3.5% down and the latest average rate (7.18%). That payment would take 23% of the typical household income in Rochester, which is $57,008 a year.

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

Your numbers

Local data
$

Starts at the typical home value in Rochester. 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 $4,809 (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

$1,109

at 7.18% · 30 years

Loan amount
$134,911
Total interest
$194,106
Paid off in
November 2056

Includes $2,320 FHA upfront mortgage insurance premium.

Does it fit the income?

  • Comfortable

    up to $1,330 a month

    Your payment · 23%

  • Tight

    $1,330 to $1,710 a month

  • Hard

    more than $1,710 a month

Compared with the typical household income in Rochester ($57,008 a year). Reference: HUD calls paying more than 30% of income for housing a cost burden.

Show the result as
per month$1,109
Principal & interest$914
Property tax$77
Home insurance$57
FHA mortgage insurance (MIP)$61

You need at least $4,809 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

Rochester and Fulton County

Rochester is in Fulton 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).

Rochester's own numbers

Typical home value
$137,400
Typical monthly rent
$867
Typical yearly household income
$57,008
Households that own their home
66%
Effective property tax rate
0.67%

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

Numbers for all of Fulton County

FHA limit, one-unit home
$541,287
Conventional limit, one unit
$832,750
HUD fair market rent, 2 bedrooms
$1,034
Price change over 5 years (FHFA)
+61%
Homes in a high flood-risk zone
1.8%

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 Fulton County.

Everything about Fulton County

Buying

Buying a home in Rochester

A typical home in Rochester is worth $137,400: 12% below the county and 37% below Indiana. With the typical household income in Rochester ($57,008 a year), a typical home costs 2.4 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.

  • Rochester 2.4 years
  • Fulton 2.6 years
  • Indiana 3.0 years
  • United States 4.1 years
Source: U.S. Census Bureau, Average 2020–2024

How prices have changed in Fulton County

According to FHFA’s house price index, home prices in Fulton County rose 98% in the 10 years through 2025.

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

Period County Indiana U.S.
Last year (2025) +5.2% +4.3% +2.9%
5 years (2020–2025) +61% +53% +47%
10 years (2015–2025) +98% +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

Rochester next to Fulton 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
  • Rochester $137,400
  • Fulton $156,500
  • Indiana $218,200
  • United States $332,700
Typical monthly rent
  • Rochester $867
  • Fulton $839
  • Indiana $1,062
  • United States $1,413
Typical yearly household income
  • Rochester $57,008
  • Fulton $61,360
  • Indiana $71,957
  • United States $80,734
See the full table
Rochester next to Fulton County and Indiana
Measure Rochester Fulton County Indiana U.S.
Typical home value $137,400 $156,500 $218,200 $332,700
Typical monthly rent $867 $839 $1,062 $1,413
Typical yearly household income $57,008 $61,360 $71,957 $80,734
Households that own their home 66% 80% 71% 65%
Typical yearly property tax $922 $844 $1,614 $3,119
Effective property tax rate 0.67% 0.54% 0.74% 0.94%
Renters with high rent for their income 33% 41% 48% 51%

“Typical” means the median: half are above and half are below. ▲ and ▼ say whether the city is above or below Fulton 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 Rochester

For a typical $137,400 home in Rochester, at Freddie Mac's average rate (7.18% as of November 5, 2026) over 30 years. The monthly payment adds principal and interest, Rochester's typical property tax, an example home insurance and mortgage insurance when it applies.

  • FHA, 3.5% down $1,109a month

    Least cash to close
    Down payment
    $4,809
    Cash to close
    $8,931
    Rate
    7.18%
    Mortgage insurance
    FHA MIP · $61

  • Conventional, 5% down $1,083a month

    Down payment
    $6,870
    Cash to close
    $10,992
    Rate
    7.18%
    Mortgage insurance
    PMI · $65

  • Conventional, 20% down, no PMI $879a month

    Down payment
    $27,480
    Cash to close
    $31,602
    Rate
    7.18%
    Mortgage insurance
    None

  • ITIN, 15% down (example) $1,006a month

    Down payment
    $20,610
    Cash to close
    $24,732
    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 Rochester and for Fulton County.

Property tax

Effective rate in Rochester

0.67%of the home’s value each year

$922 a year for the typical owner in Rochester.

  • Rochester 0.67%
  • Fulton 0.54%
  • 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 Fulton County

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

Homes in the high-risk zone
1.8%
177
Of those, with NFIP insurance
14%
County Indiana U.S.
Homes in the high-risk zone 1.8% 2.3% 3.5%
Of those, with NFIP insurance 14% 17% 48%

Most homeowners insurance policies do not cover flood damage.

Look up your address on FEMA’s map

Renting

Renting in Rochester

Typical rent in Rochester is $867 a month: 3% above the county. In Rochester, 33% of renter households pay 30% or more of their income in rent.

HUD publishes a fair market rent for all of Fulton County, by unit size. To pay the 2-bedroom one ($1,034 a month) without spending more than 30% of your income, you would need to earn $19.88 an hour working full time.

HUD fair market rent for all of Fulton 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 $774 $14.88 $30,960
1 bedroom $790 $15.19 $31,600
2 bedrooms $1,034 $19.88 $41,360
3 bedrooms $1,232 $23.69 $49,280
4 bedrooms $1,359 $26.13 $54,360

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 Rochester

HUD also publishes a fair market rent for each ZIP code (Small Area FMR, fiscal year 2027). Rochester is in ZIP code 46975.

For 2 bedrooms it is $1,030: $4 less than the fair market rent for Fulton County ($1,034).

  • 46975 $1,030$1,250

1 of these ZIP codes crosses the city line: HUD sets the rent by ZIP code, not by city. A ZIP code counts for Rochester 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 Rochester

HUD lists one building with rents for lower incomes in Rochester.

  • Arbor Woods Apts 500 Mitchell Dr, Rochester 46975 56 low-income homes · 1 bd: 8 · 2 bd: 28 · 3 bd: 20 · In service since 2006

See all 1 buildings in Fulton County Source: HUD, Retrieved November 6, 2026

Free help

Help to buy or rent in Rochester

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 Fulton County. The nearest ones are below; many serve by phone or online.

A man shakes hands with the specialist who helped him with his loan, in the kitchen of his new home.

HUD counseling is free or low-cost

Assistance programs in Rochester

No down payment, repair or rent-help program on our list is for Rochester or Fulton County. The ones below are statewide in Indiana: they work in Rochester 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 Rochester

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

  • Lacasa of Goshen, Inc.

    202 N Cottage Ave, Goshen · 41 miles away · Spanish

    • Mortgage delinquency and default
    • Budget and financial counseling
    • and 6 more
    574-533-4450x72

  • Lacasa of Goshen Inc - Branch Office

    516 S Main St, Elkhart · 45 miles away · Spanish

    • Budget and financial counseling
    • Budget and credit workshops
    • and 3 more
    (574) 533-4450

  • The Affordable Housing Corporation of Marion, Indiana

    812 S Washington St, Marion · 45 miles away

    • Mortgage delinquency and default
    • Mortgage delinquency workshops
    • and 8 more
    (765) 662-1574

All counseling agencies in Indiana

Help in Spanish near Rochester

2 of the 3 agencies on this list say they serve 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 Rochester

HUD lists no housing authority with an office in Fulton 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 Rochester, with the typical home value.

Everything about Fulton County Housing in Indiana

Neighboring counties

If Fulton 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 Rochester.

All guides
Three generations of a family gather on the porch of their home.

Questions

Housing questions about Rochester

Short answers with the numbers for Rochester and all of Fulton 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 Rochester?

The typical home value in Rochester is $137,400, according to the U.S. Census Bureau (average 2020–2024). For comparison, in Fulton County it is $156,500.

How much does it cost to rent in Rochester?

Typical rent in Rochester is $867 a month, according to the U.S. Census Bureau. HUD’s fair market rent for 2 bedrooms in Fulton County is $1,034.

What is the FHA loan limit in Rochester?

Rochester uses the FHA limit for all of Fulton 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 Rochester?

The typical homeowner in Rochester pays $922 a year, according to the U.S. Census Bureau. That is 0.67% of the home’s value; in Fulton County, the rate is 0.54%.

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

We found no HUD-approved counseling agencies with an office in Fulton 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).