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These days, finding an affordable place to live in the Bowman area can be challenging. Home prices in Bowman are now at a median cost of $179,222, lower than the Indiana average of $232,932.
The average cost of rent is $785/mo in Bowman, primarily driven by the current value of real estate in the Bowman area. In Bowman, 7.45% of households rent, and 49.27% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Bowman is $6,668 per month. Households that rent pay about 11.77% of their income on rent here. Bowman’s most expensive areas are in the central 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
- Oatsville, IN: higher priced homes
- West Petersburg, IN: higher priced homes
- Petersburg, IN: equally priced homes
- Willisville, IN: higher priced homes
- Monroe City, IN: less expensive homes
- Union, IN: equally priced homes
- Glezen, IN: higher priced homes
- Iona, IN: higher priced homes
- Algiers, IN: equally priced homes
- Mount Olympus, IN: less expensive homes
Cities with Similar Populations
- Dike, TX: equally priced homes
- Cropsey, IL: higher priced homes
- Lucien, OK: higher priced homes
- Lake Harbor, FL: equally priced homes
- Tarkio, MT: higher priced homes
- Curryville, PA: higher priced homes
- Tallulah Falls, GA: higher priced homes
- Tabor, MN: higher priced homes
- Dalton, AR: less expensive homes
- Sweetwater, OK: equally priced homes
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