States › Indiana › Seymour

Is Seymour, IN expensive to live in?

OKRent takes 22 cents of every $1 people earn here.
🏠 Rent per month (2026)$1,28227% lower than U.S. average
💵 Families earn per year (2026)$69,483about $5,790/month · 20% lower than U.S. average
🔑 House price$162,80051% lower than U.S. average

Rent is lower than in 70% of U.S. cities. A typical house costs under 3 years of household income, which is easy by U.S. standards. Commutes are short, about 18.6 minutes.

How much money do I need?

To rent here comfortably, you should earn about $51,280 a year. That is $25 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 77 of 132 cities from cheapest to most expensive.

Seymour
$1,282
$1,094
$1,674
$1,862
$1,667

How much do households earn in Seymour?

Under $25k
13.4%
$25k–50k
25.1%
$50k–100k
37.9%
$100k–150k
11.9%
$150k+
4.2%

Share of households by yearly income. 16.1% of households earn $100,000 or more.

Rent by apartment size in Seymour

SizeSeymourU.S. average
Studio$3,500+$1,338
1 bedroom$714$1,324
2 bedrooms$1,179$1,509
3 bedrooms$1,266$1,698
4 bedrooms$1,236$2,098

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

How expensive is Seymour 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 Seymour, so the Indiana figure is shown.

Taxes and bills in Seymour

🏛️ Property tax$792a year · 0.49% of home value · U.S. $3,119
⚡ Electric bill$167a month (typical) · U.S. $156

Life in Seymour

Commute to work18.6 minU.S.: 26.4 min
College degree18.1%U.S.: 35.7%
Own their home59.9%U.S.: 65.2%
Below poverty line15.5%U.S.: 12.5%
Unemployment2.3%U.S.: 5.2%

Is it cheaper to rent or buy in Seymour?

Buying is cheaper month to month: about $152 a month less than renting.

Renting
$1,282
Owning
$1,130

Owning assumes a typical $162,800 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $16,280 for the down payment.

Frequently asked questions

What is the average rent in Seymour, IN?

Renting in Seymour costs a median of about $1,282 a month in 2026, including utilities. The Indiana median is $1,219.

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

To keep rent under 30% of income, you need about $51,280 a year, or $25 an hour at a full-time job.

Is Seymour cheap or expensive?

Seymour is rated OK: rent takes 22.1% of the typical household income of $69,483. It ranks 77th cheapest of 132 Indiana cities we track.

How much are property taxes in Seymour?

The median homeowner in Seymour pays $792 a year in property taxes, about 0.49% of the median home value.

Is Seymour 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 Seymour?

The median home value in Seymour is $162,800, about 2.3 times the typical yearly household income.

22,371 people live in Seymour. Numbers are typical (middle) values.