Rent in Bourbon, IN
A 2-bedroom in Bourbon, IN (ZIP 46504) typically rents for about $855 a month, with a range of $855–$1,088. Owner-occupied homes in Marshall County pay about 0.66% of their value a year in property tax, and the 30-year fixed mortgage rate averaged 7.32% in the week of Oct 22, 2026.
Rent by bedrooms
| Size | Typical | Range across ZIPs | ZIPs |
|---|---|---|---|
| Studio | $814 | $814 | 1 |
| 1 bed | $733 | $733–$877 | 1 |
| 2 beds | $855 | $855–$1,088 | 1 |
| 3 beds | $1,077 | $1,077–$1,296 | 1 |
| 4 beds | $1,375 | $1,375–$1,430 | 1 |
Typical = median of each ZIP's best guess. Gross rent (rent plus tenant-paid utilities). Sources: Census ACS 5-year median gross rent (Dec 31, 2024) and HUD county Fair Market Rents (Oct 1, 2026).
Bourbon ZIP codes
2 bedsFrequently asked questions
- What is the average rent for a 2-bedroom in Bourbon, IN?
- About $855 a month: the median of the typical rents in 1 ZIP code, which range from $855–$1,088. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 1-bedroom in Bourbon, IN?
- About $733 a month: the median of the typical rents in 1 ZIP code, which range from $733–$877. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 3-bedroom in Bourbon, IN?
- About $1,077 a month: the median of the typical rents in 1 ZIP code, which range from $1,077–$1,296. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a studio in Bourbon, IN?
- About $814 a month: the median of the typical rents in 1 ZIP code, which range from $814. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 4-bedroom in Bourbon, IN?
- About $1,375 a month: the median of the typical rents in 1 ZIP code, which range from $1,375–$1,430. Figures are gross rent (rent plus tenant-paid utilities).
- What is the property tax rate in Bourbon, IN?
- Owner-occupied homes in Marshall County pay a typical 0.66% of their value a year (Census ACS, median taxes paid ÷ median home value, Dec 31, 2024). Investors often pay more after a purchase: the home is reassessed at the sale price and there is no homestead exemption.
- What is the current 30-year mortgage rate?
- The 30-year fixed rate averaged 7.32% in the week of Oct 22, 2026 (Freddie Mac PMMS via FRED). It's a national average for owner-occupied loans; investment property loans usually cost more.
- Where do these Bourbon rent figures come from?
- Census ACS 5-year median gross rent (Dec 31, 2024) and HUD county Fair Market Rents (Oct 1, 2026).