States › Indiana › Washington

Is Washington, IN expensive to live in?

OKRent takes 21 cents of every $1 people earn here.
🏠 Rent per month (2026)$92947% lower than U.S. average
💵 Families earn per year (2026)$54,282about $4,524/month · 38% lower than U.S. average
🔑 House price$152,20054% lower than U.S. average

Rent here is among the lowest 10% of all 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 minutes.

How much money do I need?

To rent here comfortably, you should earn about $37,160 a year. That is $18 an hour at a full-time job.

Is rent cheaper than other Indiana cities?

Yes. Rent here is cheaper than in most of Indiana. It is number 16 of 132 cities from cheapest to most expensive.

Washington
$929
$1,502
$1,057

How much do households earn in Washington?

Under $25k
28.3%
$25k–50k
22.1%
$50k–100k
32.4%
$100k–150k
9.2%
$150k+
3.2%

Share of households by yearly income. 12.4% of households earn $100,000 or more.

Rent by apartment size in Washington

SizeWashingtonU.S. average
Studio$940$1,338
1 bedroom$470$1,324
2 bedrooms$1,037$1,509
3 bedrooms$1,149$1,698
4 bedrooms$1,032$2,098

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

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

Taxes and bills in Washington

🏛️ Property tax$1,202a year · 0.79% of home value · U.S. $3,119
⚡ Electric bill$191a month (typical) · U.S. $156

Life in Washington

Commute to work18 minU.S.: 26.4 min
College degree16.8%U.S.: 35.7%
Own their home54.9%U.S.: 65.2%
Below poverty line18.2%U.S.: 12.5%
Unemployment2.8%U.S.: 5.2%

Is it cheaper to rent or buy in Washington?

Renting is cheaper right now: about $127 a month less.

Renting
$929
Owning
$1,056

Owning assumes a typical $152,200 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $15,220 for the down payment.

Frequently asked questions

What is the average rent in Washington, IN?

Renting in Washington costs a median of about $929 a month in 2026, including utilities. The Indiana median is $1,219.

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

To keep rent under 30% of income, you need about $37,160 a year, or $18 an hour at a full-time job.

Is Washington cheap or expensive?

Washington is rated OK: rent takes 20.5% of the typical household income of $54,282. It ranks 16th cheapest of 132 Indiana cities we track.

How much are property taxes in Washington?

The median homeowner in Washington pays $1,202 a year in property taxes, about 0.79% of the median home value.

Is Washington 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 Washington?

The median home value in Washington is $152,200, about 2.8 times the typical yearly household income.

12,367 people live in Washington. Numbers are typical (middle) values.