Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Arcola area can be challenging. Home prices in Arcola are now at a median cost of $200,937, higher than the Indiana average of $175,617.
The average cost of rent is $1,639/mo in Arcola, primarily driven by the current value of real estate in the Arcola area. While nearly 41.65% of residents own their homes outright in Arcola, 11.84% rent.
Housing affordability isn’t just about home prices, though. The average household income in Arcola is $7,569 per month. Households that rent pay about 21.65% of their income on rent here. Arcola's most expensive areas are in the northeastern regions, while the cheapest areas are in the northern parts of the city.
Nearby Cities
- Wallen, IN: equally priced homes
- Collins, IN: less expensive homes
- Churubusco, IN: less expensive homes
- Fort Wayne, IN: less expensive homes
- Huntertown, IN: equally priced homes
- Etna, IN: equally priced homes
- Laud, IN: less expensive homes
- Columbia City, IN: less expensive homes
- Ellisville, IN: higher priced homes
- Roanoke, IN: higher priced homes
Cities with Similar Populations
- Meyersville, TX: equally priced homes
- Simpson, SC: less expensive homes
- Braswell, GA: equally priced homes
- Parkway, MO: less expensive homes
- Friedensburg, PA: equally priced homes
- Gambell, AK: less expensive homes
- Newport, NJ: less expensive homes
- Neponset, IL: less expensive homes
- Germfask, MI: less expensive homes
- Mount Storm, WV: less expensive homes
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