Commercial Real Estate Market in Rensselaer, IN
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
35 active listings and 496 off-market properties in Rensselaer, IN.
Market Trends
Rensselaer, IN spans 263.7 square miles in Jasper County, Indiana. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Rensselaer, IN runs 21.3% across the Midwest region in 2025, up from 13.7% in 2019.
Vacancy Rate % in Midwest region
Retail
Retail space in Rensselaer, IN asks $63/SF to buy. Vacancy runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Average Sale Price $/SF
Listings
Vacancy Rate % in Midwest region
Industrial
Industrial vacancy in Rensselaer, IN runs 4.9% across the Midwest region in 2025, up from 4.4% in 2019. Nearly 1.6x the 2022 low of 3.1%.
Vacancy Rate % in Midwest region
Multifamily
Multifamily vacancy in Rensselaer, IN runs 8% across the Midwest region in 2025, up from 6.5% in 2022.
Vacancy Rate % in Midwest region
Zoning & Land Use
Land Use Mix share of zoned land by category
- Agricultural 53.2%
- Residential 30.8%
- Industrial 9.1%
- Commercial 5.7%
- Civic 0.2%
- Planned_development 0.2%
Largest Zones share of zoned land by district
Conservation Agriculture County
Suburban Residential
Agricultural Transition
Light Industrial
Regional Business
Conservation Agriculture County (A-1-C)
The Prime Agricultural (A-1) District is intended to protect and encourage agricultural uses of the land by controlling indiscriminate development of urban type uses and to conserve
Market overview
Demographics & Economy
Rensselaer, IN has 10,815 residents in 4,355 households. Density runs 41 people per square mile. Median household income here is $71,359 and median gross rent $867 a month.
10,815
Population
4,355
Households
2.5
Avg Household Size
42
Median Age
18%
College-Educated
91%
High-School Grad
263.7 sq mi
ZIP Area
41
Density / Sq Mi
$71,359
Median Household Income
$35,486
Median Earnings
$867
Median Rent
$180,900
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Collegeville | — | — |
| Mount Ayr | — | — |
| Fair Oaks | — | — |
| Brook | — | — |
Commercial property in Rensselaer, IN asks $14/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Rensselaer?
Commercial property in Rensselaer, IN asks an average of $14 per square foot. Retail carries the highest asking price at $63/SF.
Where does Realmo's Rensselaer market data come from?
Realmo compiles Rensselaer, IN figures from 33 active sale listings, 2 active lease listings, 496 tracked off-market properties, the current Rensselaer zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 33 active for-sale and 2 active for-lease listings in Rensselaer, IN. These are ASKING figures from live listings, not closed-transaction prices, and a segment carried by a handful of listings reads as indicative rather than an average.
- Vacancy rates
- Published per-sector market series, taken at the metro level where one exists and otherwise at the Census-region level — a chart reading "in <region> region" is a regional number, not this city's.
- Zoning and land use
- The current municipal zoning release: 23,110 zoned acres across 13 districts. Shares are of zoned land, so parcels the release leaves unclassified are excluded from the mix.
- Refresh
- The monthly aggregates close at the end of the previous month, so 31 August 2026 — not today — is the honest last update.
- Known limitations
- office vacancy is reported at Midwest region level, retail vacancy is reported at Midwest region level and industrial vacancy is reported at Midwest region level.
- Coverage
- Metrics below the 10-observation threshold fall back one geographic level. The geography used is named on each figure.
Compiled by the Realmo Data team · reviewed 31 August 2026 · report a data issue
