YieldBadger

Rent in Marengo, IN

A 2-bedroom in Marengo, IN (ZIP 47140) typically rents for about $677 a month, with a range of $677–$1,014. Owner-occupied homes in Crawford County pay about 0.75% 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

Typical monthly rent in Marengo, IN by bedrooms
SizeTypicalRange across ZIPsZIPs
Studio$759$7591
1 bed$834$8341
2 beds$677$677–$1,0141
3 beds$856$856–$1,4041
4 beds$1,479$1,4791

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).

Marengo ZIP codes

2 beds

Frequently asked questions

What is the average rent for a 2-bedroom in Marengo, IN?
About $677 a month: the median of the typical rents in 1 ZIP code, which range from $677–$1,014. Figures are gross rent (rent plus tenant-paid utilities).
What is the average rent for a 1-bedroom in Marengo, IN?
About $834 a month: the median of the typical rents in 1 ZIP code, which range from $834. Figures are gross rent (rent plus tenant-paid utilities).
What is the average rent for a 3-bedroom in Marengo, IN?
About $856 a month: the median of the typical rents in 1 ZIP code, which range from $856–$1,404. Figures are gross rent (rent plus tenant-paid utilities).
What is the average rent for a studio in Marengo, IN?
About $759 a month: the median of the typical rents in 1 ZIP code, which range from $759. Figures are gross rent (rent plus tenant-paid utilities).
What is the average rent for a 4-bedroom in Marengo, IN?
About $1,479 a month: the median of the typical rents in 1 ZIP code, which range from $1,479. Figures are gross rent (rent plus tenant-paid utilities).
What is the property tax rate in Marengo, IN?
Owner-occupied homes in Crawford County pay a typical 0.75% 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 Marengo rent figures come from?
Census ACS 5-year median gross rent (Dec 31, 2024) and HUD county Fair Market Rents (Oct 1, 2026).