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Houses for Rent in Cumberland, IN - 10 Rentals available

We found 0 rentals in Cumberland, IN and 10 rentals nearby

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We found 10 rentals within a 2-mile radius of Cumberland, IN

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Cumberland, IN Demographics

  • Total Population5,566
  • Female 2,638
    Male 2,928
  • Median Age35.5

Average Rent in Cumberland, IN

  • Cumberland, IN Average Rental Price, February 2019$713/mo

Cumberland, IN Apartment Rent Ranges

  • < $5001%
  • $501-$70042%
  • $701-$1,00056%
  • $1,001-$1,5001%

Cumberland, IN Rent Trends

Average Rent Jan / 2016 May / 2016 Sept / 2016 Jan / 2017 May / 2017 Sept / 2017 Jan / 2018 May / 2018 Feb / 2019
Cumberland, IN $654 $669 $663 $681 $681 $695 $704 $704 $713
National $1,290 $1,319 $1,334 $1,329 $1,354 $1,366 $1,366 $1,381 $1,396
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Average rent is projected to grow by 3% in 2018 compared to 2017.

Please note that projected rent growth is calculated at city level.

Average rent values on this page are aggregated from data from zip code 46229

Check out the average rent prices in Cumberland by neighborhood.

Cumberland, IN Households

  • Total Number of Households2,063
  • Family 1,389
    Non-family 674
  • Children 724
    No Children 1,339
  • Average People Per Household2.69
  • Median Household Income$61,025
  • Median Housing Costs Per Month$968

Cumberland, IN Education Statistics

  • No High School2%
  • Some High School35%
  • Some College33%
  • Associate Degree7%
  • Bachelor Degree14%
  • Graduate Degree9%

Renting a house in Cumberland, IN

Some people just don’t buy into the American dream of owning your own house and sacrificing flexibility. Also, a 30-year mortgage is not the most pleasant thought to wake up with every morning. We understand. But what if you need some extra storage space? What if you like a backyard where you could throw BBQ parties and the kids could play in a safe environment? Luckily, you can forget the dreaded mortgage. Renting a house is the answer. There are 1 home for rent in Cumberland, IN. And it won’t necessarily cost an arm and a leg to rent the perfect home for your family. You can look into duplexes for rent too. Prices in Cumberland, IN for rental homes start at $1,085.

A rental house offers flexibility

Your family situation will change throughout your life. Renting makes it possible to match the size of your home to your lifestyle and financial situation. Maybe it’s just you and your significant other at the moment sharing a charming downtown apartment. But there’s a chance that at some point in time, a third family member will show-up and suddenly that 1 bedroom apartment you were so happy with will become too small. You will realize that you’d much rather prefer the comfort of your own backyard, than all the excitement your current neighborhood provides, that you no longer have time to enjoy anyway. If you want to continue living comfortably, you may want to rent a 2 bedroom house. Or maybe your oldest son turned into a young man who’s going off to college soon. You’ll find yourself in a 4 bedroom house that is suddenly too big. You could downsize and rent a 3 bedroom home with a pool, in a much nicer area. The flexibility of renting makes it possible.