Housing in Montpelier, IN
Home values, rent, ownership rates, and housing market data
Housing Market Snapshot
Source: Zillow — January 2026Zillow Home Value Index
$137,332
Montpelier vs Similar Cities
Source: Census ACS / Redfin (2023)Compared to cities with under 10,000 residents. Montpelier is highlighted.
Median Home Value
10th%ilemost expensive$77,100show rank
Median Rent
11th%ilemost expensive rent$649show rank
Rent Burden
47th%ilehighest rent burden18.2%show rank
Census Housing Data
Source: U.S. Census Bureau ACS (2023)Median Home Value
$77,100
Median Rent
$649
Total Housing Units
858
Vacancy Rate
17.7%
Owner Occupied
64.2%
Renter Occupied
35.8%
Median Property Tax
$663
per year
Monthly Cost (w/ Mortgage)
$726
Housing Types
Single Family64.5%
Multi-Family24.9%
Mobile Home10.6%
The median home value in Montpelier, IN is $77,100. According to Zillow, the home value index for Montpelier is $137,332. The median rent is $649 per month (Census ACS). About 64.2% of housing units are owner-occupied. The median year homes were built is 1965. There are 858 total housing units.