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Affordable
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These days, finding an affordable place to live in the Borden area can be challenging. Home prices in Borden are now at a median cost of $237,141, higher than the Indiana average of $232,932.
The average cost of rent is $1,212/mo in Borden, primarily driven by the current value of real estate in the Borden area. In Borden, 11.01% of households rent, and 28.16% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Borden is $8,577 per month. Households that rent pay about 14.13% of their income on rent here. Borden’s most expensive areas are in the northeastern regions, while the cheapest areas are in the northern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Daisy Hill, IN: less expensive homes
- Broom Hill, IN: higher priced homes
- Pekin, IN: less expensive homes
- Carwood, IN: equally priced homes
- Greenville, IN: higher priced homes
- New Pekin, IN: less expensive homes
- Galena, IN: higher priced homes
- Floyds Knobs, IN: higher priced homes
- Memphis, IN: higher priced homes
- Sellersburg, IN: higher priced homes
Cities with Similar Populations
- Sands Point, NY: higher priced homes
- Carson, WA: higher priced homes
- Crownpoint, NM: less expensive homes
- Whitmire, SC: less expensive homes
- Summit Hill, PA: less expensive homes
- Ash Grove, MO: less expensive homes
- Mattapoisett, MA: higher priced homes
- Middlefield, CT: higher priced homes
- Moss Beach, CA: higher priced homes
- Napanoch, NY: equally priced homes
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