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These days, finding an affordable place to live in the Bud area can be challenging. Home prices in Bud are now at a median cost of $297,494, higher than the Indiana average of $232,932.
The average cost of rent is $1,416/mo in Bud, primarily driven by the current value of real estate in the Bud area. In Bud, 1.14% of households rent, and 33.27% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Bud is $9,559 per month. Households that rent pay about 14.82% of their income on rent here. Bud’s most expensive areas are in the northwestern regions, while the cheapest areas are in the southeastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Samaria, IN: higher priced homes
- Hopewell, IN: equally priced homes
- Mount Pleasant, IN: equally priced homes
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- Bargersville, IN: higher priced homes
- Waverly Woods, IN: less expensive homes
- Morgantown, IN: less expensive homes
- Willowbrook Estates, IN: equally priced homes
- Princes Lakes, IN: less expensive homes
- Franklin, IN: less expensive homes
Cities with Similar Populations
- Melvina, WI: less expensive homes
- Parker Ford, PA: higher priced homes
- Parishville, NY: less expensive homes
- Palmetto, TN: higher priced homes
- Palisade, NE: less expensive homes
- Paint Hill, SC: equally priced homes
- Page, NE: less expensive homes
- Ovid, CO: less expensive homes
- Oval, PA: less expensive homes
- Osceola, NC: equally priced homes
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