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These days, finding an affordable place to live in the Avoca area can be challenging. Home prices in Avoca are now at a median cost of $276,408, higher than the Indiana average of $232,932.
The average cost of rent is $772/mo in Avoca, primarily driven by the current value of real estate in the Avoca area. In Avoca, 7.38% of households rent, and 41.00% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Avoca is $8,804 per month. Households that rent pay about 8.77% of their income on rent here. Avoca’s most expensive areas are in the central regions, while the cheapest areas are in the northwestern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
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Cities with Similar Populations
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- Milan, NY: higher priced homes
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