States › Indiana › Danville

Is Danville, IN expensive to live in?

CheapRent takes 17 cents of every $1 people earn here.
🏠 Rent per month (2026)$1,50214% lower than U.S. average
💵 Families earn per year (2026)$104,704about $8,725/month · 20% higher than U.S. average
🔑 House price$298,20010% lower than U.S. average

Rent is lower than in 58% of U.S. cities. A typical house costs under 3 years of household income, which is easy by U.S. standards.

How much money do I need?

To rent here comfortably, you should earn about $60,080 a year. That is $29 an hour at a full-time job.

Is rent cheaper than other Indiana cities?

No. Rent here is more expensive than in most of Indiana. It is number 101 of 132 cities from cheapest to most expensive.

Danville
$1,502
Yorktown
$1,057
Martinsville
$1,106
Huntertown
$1,714
Madison
$971
Greensburg
$995
Washington
$929

How much do households earn in Danville?

Under $25k
5.4%
$25k–50k
21.6%
$50k–100k
36.5%
$100k–150k
25.6%
$150k+
9.5%

Share of households by yearly income. 35.1% of households earn $100,000 or more.

Rent by apartment size in Danville

SizeDanvilleU.S. average
1 bedroom$949$1,324
2 bedrooms$1,314$1,509
3 bedrooms$1,329$1,698

Median monthly rent plus utilities for all renters, by number of bedrooms.

How expensive is Danville overall?

Everyday prices in Indiana overall are 7% below the U.S. average (index 93.3, U.S. = 100).

Housing
74
Goods (food, clothes…)
96
Utilities
86
Other services
99
U.S. average
100

Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024. City-level data is not published for Danville, so the Indiana figure is shown.

Taxes and bills in Danville

🏛️ Property tax$2,301a year · 0.77% of home value · U.S. $3,119
⚡ Electric bill$161a month (typical) · U.S. $156

Life in Danville

Commute to work26.4 minU.S.: 26.4 min
College degree37.1%U.S.: 35.7%
Own their home74.7%U.S.: 65.2%
Below poverty line3.5%U.S.: 12.5%
Unemployment2.1%U.S.: 5.2%

Is it cheaper to rent or buy in Danville?

Renting is cheaper right now: about $567 a month less.

Renting
$1,502
Owning
$2,069

Owning assumes a typical $298,200 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $29,820 for the down payment.

Frequently asked questions

What is the average rent in Danville, IN?

Renting in Danville costs a median of about $1,502 a month in 2026, including utilities. The Indiana median is $1,219.

How much do I need to make to live in Danville?

To keep rent under 30% of income, you need about $60,080 a year, or $29 an hour at a full-time job.

Is Danville cheap or expensive?

Danville is rated Cheap: rent takes 17.2% of the typical household income of $104,704. It ranks 101st cheapest of 132 Indiana cities we track.

How much are property taxes in Danville?

The median homeowner in Danville pays $2,301 a year in property taxes, about 0.77% of the median home value.

Is Danville more expensive than the national average?

Overall prices in Indiana are 7% below the U.S. average, according to the U.S. Bureau of Economic Analysis.

How much does a house cost in Danville?

The median home value in Danville is $298,200, about 2.8 times the typical yearly household income.

11,714 people live in Danville. Numbers are typical (middle) values.