Median Home Value
$166,300
Median Gross Rent
$770/mo
Homeownership Rate
84.9%
Rent as Share of Income
14.0%
Vacancy Rate
16.1%
Median Year Built
1985
Home Price Index (FHFA)
Home prices in Morgan County have risen 293% 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
$748
1 Bedroom
$753
2 Bedroom
$988
3 Bedroom
$1,303
4 Bedroom
$1,308
Source: U.S. Census Bureau, American Community Survey, ACS 2020-2024; HUD Fair Market Rents 2026.