Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Boone Grove area can be challenging. Home prices in Boone Grove are now at a median cost of $257,331, higher than the Indiana average of $175,617.
The average cost of rent is $1,118/mo in Boone Grove, primarily driven by the current value of real estate in the Boone Grove area. While nearly 33.34% of residents own their homes outright in Boone Grove, 1.32% rent.
Housing affordability isn’t just about home prices, though. The average household income in Boone Grove is $7,652 per month. Households that rent pay about 14.62% of their income on rent here. Boone Grove's most expensive areas are in the central regions, while the cheapest areas are in the southeastern parts of the city.
Nearby Cities
- Hebron, IN: less expensive homes
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- Deep River, IN: equally priced homes
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- Kersey, IN: less expensive homes
Cities with Similar Populations
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- Burns, KS: less expensive homes
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- Buckingham, IA: less expensive homes
- Valley Water Mills, MO: equally priced homes
- Vernon Springs, IA: less expensive homes
- Votaw, TX: less expensive homes
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