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These days, finding an affordable place to live in the Alton area can be challenging. Home prices in Alton are now at a median cost of $115,900, lower than the Indiana average of $232,932.
The average cost of rent is $725/mo in Alton, primarily driven by the current value of real estate in the Alton area. In Alton, 20.32% of households rent, and 76.00% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Alton is $7,142 per month. Households that rent pay about 10.15% of their income on rent here. Alton’s most expensive areas are in the central regions, while the cheapest areas are in the central parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Wolf Creek, KY: higher priced homes
- Magnet, IN: higher priced homes
- Concordia, KY: higher priced homes
- Oriole, IN: higher priced homes
- Leavenworth, IN: equally priced homes
- Battletown, KY: higher priced homes
- Sulphur, IN: equally priced homes
- Payneville, KY: higher priced homes
- Riddle, IN: equally priced homes
- Leopold, IN: higher priced homes
Cities with Similar Populations
- Tobe, CO: higher priced homes
- Thistle, UT: higher priced homes
- St. Huberts, NY: higher priced homes
- Toketee Falls, OR: higher priced homes
- Eagle River, MI: equally priced homes
- Trout Creek, UT: higher priced homes
- Bryce Canyon, UT: higher priced homes
- Troy, OR: higher priced homes
- Smith Island, MD: equally priced homes
- Dale, OR: higher priced homes
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