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Affordable
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These days, finding an affordable place to live in the Alexandria area can be challenging. Home prices in Alexandria are now at a median cost of $145,154, lower than the Indiana average of $232,932.
The average cost of rent is $904/mo in Alexandria, primarily driven by the current value of real estate in the Alexandria area. In Alexandria, 26.59% of households rent, and 36.22% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Alexandria is $6,043 per month. Households that rent pay about 14.96% of their income on rent here. Alexandria’s most expensive areas are in the southeastern regions, while the cheapest areas are in the northern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Moonville, IN: higher priced homes
- Orestes, IN: higher priced homes
- Dundee, IN: higher priced homes
- Summitville, IN: equally priced homes
- Frankton, IN: higher priced homes
- Rigdon, IN: higher priced homes
- Elwood, IN: less expensive homes
- Woodlawn Heights, IN: higher priced homes
- Wheeling, IN: higher priced homes
- Gaston, IN: higher priced homes
Cities with Similar Populations
- Wading River, NY: higher priced homes
- Vinita, OK: equally priced homes
- Hilliard, FL: higher priced homes
- Gladwin, MI: higher priced homes
- Glennville, GA: higher priced homes
- Gonzales, CA: higher priced homes
- Wellington, OH: higher priced homes
- Webster City, IA: equally priced homes
- Gustine, CA: higher priced homes
- Hallsville, TX: higher priced homes
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