Edgewood, Madison County, IN

Median Home Price Price

$209,802 $209.8K

Median Monthly Rent Rent

$1,315 $1.3K

13.0x

Market Snapshot

Edgewood, Madison County, IN is a city market with a median home price of $209,802, a median monthly rent of $1,315, a GRM of 13.0x, and a price-to-rent ratio of 13.3.

More markets to explore

01 Pendleton, Madison County, IN
Top recommendation Nearby alternative Higher GRM Premium price Similar rent
High confidence
Price $322.5K
Rent $1.4K
GRM 20.0x
Explore the data
Region Show
Pendleton
$322K $1.4K 20.0x

Home prices

Monthly rent

GRM = home price / annual rent

Region Show
Seymour, Jackson County, IN
$221K $1.2K 15.0x
New Albany, Floyd County, IN
$224K $1.3K 15.0x
Columbus, Bartholomew County, IN
$264K $1.4K 15.0x

Home prices

Monthly rent

GRM = home price / annual rent

Region Show
McSherrystown, Adams County, PA
$235K $1.4K 14.0x
Fruitland, Wicomico County, MD
$246K $1.9K 11.0x
Norris, Anderson County, TN Explore deeper
$462K $1.3K 30.0x

Home prices

Monthly rent

GRM = home price / annual rent

Edgewood

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Benchmark comparison

Rent in Edgewood, IN is 3.1% lower than Pendleton, IN.

Compare to Pendleton, IN
Edgewood, IN
Pendleton, IN
Delta
Median rent
$1,315
$1,357
+$42
Median price
$209,802
$322,488
+$112,686
YoY change
+$95
+$74
-$21
Price-to-rent
13.3x
19.8x
+6.5x

Key takeaways

  • Edgewood, Madison County, IN has a lower-grm screening profile: At 13.0x 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 $95 year over year.
  • Rent in Edgewood, IN is 3.1% lower than Pendleton, IN.