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These days, finding an affordable place to live in the Beech Grove area can be challenging. Home prices in Beech Grove are now at a median cost of $210,558, lower than the Indiana average of $232,932.
The average cost of rent is $1,201/mo in Beech Grove, primarily driven by the current value of real estate in the Beech Grove area. In Beech Grove, 43.89% of households rent, and 27.96% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Beech Grove is $4,868 per month. Households that rent pay about 24.66% of their income on rent here. Beech Grove’s most expensive areas are in the southern regions, while the cheapest areas are in the northeastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Homecroft, IN: higher priced homes
- Southport, IN: equally priced homes
- Warren Park, IN: less expensive homes
- Indianapolis, IN: higher priced homes
- Greenwood, IN: higher priced homes
- Cumberland, IN: higher priced homes
- Pleasant View, IN: higher priced homes
- New Palestine, IN: higher priced homes
- Rocky Ripple, IN: equally priced homes
- New Whiteland, IN: higher priced homes
Cities with Similar Populations
- South Houston, TX: less expensive homes
- Washington, IN: less expensive homes
- Tenafly, NJ: higher priced homes
- Bulverde, TX: higher priced homes
- Bucyrus, OH: less expensive homes
- Wauconda, IL: higher priced homes
- Emmett, ID: higher priced homes
- Browns Mills, NJ: equally priced homes
- Eunice, LA: less expensive homes
- West Henrietta, NY: higher priced homes
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