Chesterfield, Madison County, IN

Median Home Price Price

$144,604 $144.6K

Median Monthly Rent Rent

$1,347 $1.3K

9.0x

Market Snapshot

Chesterfield, Madison County, IN is a city market with a median home price of $144,604, a median monthly rent of $1,347, a GRM of 9.0x, and a price-to-rent ratio of 8.9.

Comparable Markets

Use related city markets across same-county, in-state, and outside-state scopes as a starting point for side-by-side review of price, rent, GRM, and recent trend context.

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01 Ingalls, Madison County, IN
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Rent $1.7K
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03 Lapel, Madison County, IN
Nearby alternative Higher GRM Premium price Higher rent Rent momentum
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Price $213.6K
Rent $1.5K
GRM 12.0x
Explore the data
Region Show
Lapel
$214K $1.5K 12.0x
Frankton Explore deeper
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Ingalls
$170K $1.7K 8.0x

Home prices

Monthly rent

GRM = home price / annual rent

Region Show
Evansville, Vanderburgh County, IN
$189K $1.4K 11.0x
Taylorsville, Bartholomew County, IN
$192K $1.6K 10.0x
Jeffersonville, Clark County, IN Explore deeper
$244K $1.4K 15.0x

Home prices

Monthly rent

GRM = home price / annual rent

Region Show
Macedon, Wayne County, NY
$301K $1.3K 19.0x
South Beloit, Winnebago County, IL
$216K $1.2K 15.0x
Deal Island, Somerset County, MD
$194K $1.9K 9.0x

Home prices

Monthly rent

GRM = home price / annual rent

Chesterfield

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Benchmark comparison

Rent in Chesterfield, IN is 13.0% lower than Lapel, IN.

Compare to Lapel, IN
Chesterfield, IN
Lapel, IN
Delta
Median rent
$1,347
$1,549
+$202
Median price
$144,604
$213,556
+$68,952
YoY change
+$134
+$86
-$48
Price-to-rent
8.9x
11.5x
+2.6x

Key takeaways

  • Chesterfield, Madison County, IN has a lower-grm screening profile: At 9.0x GRM, current rent may provide stronger support relative to price.
  • Low GRM can also reflect operating friction, softer appreciation expectations, or local risk that GRM does not capture.
  • Rent momentum is positive, with median rent up about $134 year over year.
  • Rent in Chesterfield, IN is 13.0% lower than Lapel, IN.