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Affordable
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These days, finding an affordable place to live in the Beverly Shores area can be challenging. Home prices in Beverly Shores are now at a median cost of $555,139, higher than the Indiana average of $232,932.
The average cost of rent is $1,586/mo in Beverly Shores, primarily driven by the current value of real estate in the Beverly Shores area. In Beverly Shores, 4.12% of households rent, and 44.22% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Beverly Shores is $9,292 per month. Households that rent pay about 17.07% of their income on rent here. Beverly Shores’s most expensive areas are in the central regions, while the cheapest areas are in the southern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
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