Median Home Value
$194,400
Median Gross Rent
$721/mo
Homeownership Rate
79.7%
Rent as Share of Income
16.2%
Vacancy Rate
42.7%
Median Year Built
1983
Home Price Index (FHFA)
Home prices in Morgan County have risen 280% since 1998, per FHFA's index.
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
Index value, not a dollar figure — shows relative appreciation over time. Source: Federal Housing Finance Agency.
HUD Fair Market Rent (2026)
Studio
$660
1 Bedroom
$745
2 Bedroom
$888
3 Bedroom
$1,171
4 Bedroom
$1,176
Source: U.S. Census Bureau, American Community Survey, ACS 2020-2024; HUD Fair Market Rents 2026.