Rent prices in cities near Lowell
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Lowell, IN Demographics
- Total Population9,793
Female 4,768Male 5,025
- Median Age36
A total population of 9,793 lives in Lowell, IN, according to data published by the U.S. Census Bureau. Population statistics show that 5,025 of Lowell’s residents are women and 4,768 are men. The median age of the population in Lowell, IN is 36.
Average Rent in Lowell, IN
- Lowell, IN Average Rental Price, July 2022 $1,359 /mo
Apartments for rent in Lowell, IN have an average price of $1,359 per month.
Lowell, IN Apartment Rent Ranges
Lowell, IN Rent Trends
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Compared to the average rent in the U.S. of $1,706, the rent in Lowell, IN is $1,359 per month.
Lowell, IN Households
- Total Number of Households3,616
Family 2,590Non-family 1,026
Children 1,486No Children 2,130
- Average People Per Household2.68
- Median Household Income$68,506
- Median Housing Costs Per Month$1,101
According to the U.S. Census, there are 3,616 households in Lowell, IN. The Census estimates also show that 2,590 are family households and 1,026 are non-family households. Moreover, Lowell has 1,486 households with children in Lowell and 2,130 households without children. On average, about 2.68 people constitute a household in Lowell, IN. The median income of a Lowell household living in Lowell is $68,506 per year. The housing costs per month are estimated around $1,101.
Lowell, IN Education Statistics
According to U.S. Census Bureau estimates, the share of residents in Lowell, IN that have no high school education is 2%, and the share of those who went to high school is 38%. 32% of residents have some college education, 10% have an Associate Degree, while 12% have a Bachelor Degree, and a share of 7% have a Graduate Degree.
Renting a 3 bedroom apartment in Lowell, IN
Upgrading to a 3 bedroom apartment can have its pros and cons. Most renters who are looking for a three bedroom rental is because they need extra space for a home office, or for a child. This size apartment is also practical to share with roommates as it actually saves money on rent when 3 or 4 people get together to rent a 3 bedroom unit. They are very spacious, averaging around 1,038 Sq.Ft.. Or you can get even more space if you select “3+” beds in the top menu. The only down side is that they cost more. In Lowell, IN, rents on 3 bedroom apartments go up to $3,466. 6 rental properties offer 3 bedroom units in Lowell, IN to choose from. You are more likely to find 3 bedroom apartments in primarily residential neighborhoods, away from business districts and urban cores.
Tips on finding a cheap 3 bedroom apartment in Lowell, IN
For most renters, the cost of rent is the major pain point. The larger the apartment, the more money comes out of their pocket. For that reason, cheap 3 bedroom apartments are in high demand and hard to come by. Though rent prices can go as low as $1,320 in Lowell, IN, the market is still tight. But with a little diligence and some handy search tools, you will find an affordable apartment. Try an area that’s further away from the main city attractions, or try an older building that may have cheaper apartments and a ton of charm. Try searching in more affordable neighborhoods, like Hammond or another nearby. Sometimes lower-priced residential areas have diversity and ethnic authenticity that lend them a lot of character and color.