Rent in Colfax, IN
A 2-bedroom in Colfax, IN (ZIP 46035) typically rents for about $996 a month, with a range of $871–$1,120. Owner-occupied homes in Clinton County pay about 0.60% of their value a year in property tax, and the 30-year fixed mortgage rate averaged 7.24% in the week of Oct 29, 2026.
Rent by bedrooms
| Size | Typical | Range across ZIPs | ZIPs |
|---|---|---|---|
| Studio | $890 | $850–$890 | 1 |
| 1 bed | $900 | $855–$900 | 1 |
| 2 beds | $996 | $871–$1,120 | 1 |
| 3 beds | $1,480 | $1,416–$1,480 | 1 |
| 4 beds | $1,560 | $1,445–$1,560 | 1 |
Typical = median of each ZIP's best guess. Gross rent (rent plus tenant-paid utilities). Sources: HUD Small Area Fair Market Rents (Oct 1, 2026), Census ACS 5-year median gross rent (Dec 31, 2024) and HUD county Fair Market Rents (Oct 1, 2026).
Colfax ZIP codes
2 bedsFrequently asked questions
- What is the average rent for a 2-bedroom in Colfax, IN?
- About $996 a month: the median of the typical rents in 1 ZIP code, which range from $871–$1,120. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 1-bedroom in Colfax, IN?
- About $900 a month: the median of the typical rents in 1 ZIP code, which range from $855–$900. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 3-bedroom in Colfax, IN?
- About $1,480 a month: the median of the typical rents in 1 ZIP code, which range from $1,416–$1,480. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a studio in Colfax, IN?
- About $890 a month: the median of the typical rents in 1 ZIP code, which range from $850–$890. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 4-bedroom in Colfax, IN?
- About $1,560 a month: the median of the typical rents in 1 ZIP code, which range from $1,445–$1,560. Figures are gross rent (rent plus tenant-paid utilities).
- What is the property tax rate in Colfax, IN?
- Owner-occupied homes in Clinton County pay a typical 0.60% 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 7.24% in the week of Oct 29, 2026 (Freddie Mac PMMS via FRED). It's a national average for owner-occupied loans; investment property loans usually cost more.
- Where do these Colfax rent figures come from?
- HUD Small Area Fair Market Rents (Oct 1, 2026), Census ACS 5-year median gross rent (Dec 31, 2024) and HUD county Fair Market Rents (Oct 1, 2026).