Rent in Otterbein, IN
A 2-bedroom in Otterbein, IN (ZIP 47970) typically rents for about $989 a month, with a range of $989–$1,273. Owner-occupied homes in Benton County pay about 0.77% 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 | $942 | $942 | 1 |
| 1 bed | $1,070 | $1,070 | 1 |
| 2 beds | $989 | $989–$1,273 | 1 |
| 3 beds | $938 | $938–$1,517 | 1 |
| 4 beds | $2,128 | $2,128 | 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).
Otterbein ZIP codes
2 bedsFrequently asked questions
- What is the average rent for a 2-bedroom in Otterbein, IN?
- About $989 a month: the median of the typical rents in 1 ZIP code, which range from $989–$1,273. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 1-bedroom in Otterbein, IN?
- About $1,070 a month: the median of the typical rents in 1 ZIP code, which range from $1,070. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 3-bedroom in Otterbein, IN?
- About $938 a month: the median of the typical rents in 1 ZIP code, which range from $938–$1,517. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a studio in Otterbein, IN?
- About $942 a month: the median of the typical rents in 1 ZIP code, which range from $942. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 4-bedroom in Otterbein, IN?
- About $2,128 a month: the median of the typical rents in 1 ZIP code, which range from $2,128. Figures are gross rent (rent plus tenant-paid utilities).
- What is the property tax rate in Otterbein, IN?
- Owner-occupied homes in Benton County pay a typical 0.77% 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 Otterbein rent figures come from?
- Census ACS 5-year median gross rent (Dec 31, 2024) and HUD county Fair Market Rents (Oct 1, 2026).