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Affordable
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These days, finding an affordable place to live in the Berne area can be challenging. Home prices in Berne are now at a median cost of $201,949, lower than the Indiana average of $232,932.
The average cost of rent is $843/mo in Berne, primarily driven by the current value of real estate in the Berne area. In Berne, 20.72% of households rent, and 34.03% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Berne is $5,692 per month. Households that rent pay about 14.80% of their income on rent here. Berne’s most expensive areas are in the northwestern regions, while the cheapest areas are in the eastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Geneva, IN: equally priced homes
- Monroe, IN: higher priced homes
- Jay City, IN: higher priced homes
- Linn Grove, IN: higher priced homes
- New Corydon, IN: higher priced homes
- Vera Cruz, IN: higher priced homes
- Domestic, IN: less expensive homes
- Honduras, IN: higher priced homes
- Bryant, IN: less expensive homes
- Trinity, IN: equally priced homes
Cities with Similar Populations
- Tompkinsville, KY: less expensive homes
- Trenton, TN: less expensive homes
- Du Quoin, IL: less expensive homes
- Travilah, MD: higher priced homes
- Brookville, IN: higher priced homes
- Brookville, PA: less expensive homes
- Trafford, PA: higher priced homes
- Topsfield, MA: higher priced homes
- Silver Springs Shores, FL: less expensive homes
- Topanga, CA: higher priced homes
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