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These days, finding an affordable place to live in the Algiers area can be challenging. Home prices in Algiers are now at a median cost of $169,062, lower than the Indiana average of $232,932.
The average cost of rent is $703/mo in Algiers, primarily driven by the current value of real estate in the Algiers area. In Algiers, 10.93% of households rent, and 42.25% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Algiers is $5,299 per month. Households that rent pay about 13.26% of their income on rent here. Algiers’s most expensive areas are in the eastern regions, while the cheapest areas are in the southwestern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Otwell, IN: higher priced homes
- Cato, IN: equally priced homes
- West Petersburg, IN: higher priced homes
- Petersburg, IN: equally priced homes
- Hudsonville, IN: higher priced homes
- Whiteoak, IN: equally priced homes
- Coe, IN: equally priced homes
- Glendale, IN: higher priced homes
- Willisville, IN: higher priced homes
- South Washington, IN: higher priced homes
Cities with Similar Populations
- Tesuque, NM: higher priced homes
- Detroit, OR: higher priced homes
- Hunter, MO: higher priced homes
- Glen, MT: higher priced homes
- Tiller, OR: higher priced homes
- Amelia, NE: higher priced homes
- Salvo, NC: higher priced homes
- Grisham, MO: higher priced homes
- Sugar Grove, WV: higher priced homes
- Vaughn, NM: less expensive homes
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