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These days, finding an affordable place to live in the Burns Harbor area can be challenging. Home prices in Burns Harbor are now at a median cost of $182,089, higher than the Indiana average of $175,617.
The average cost of rent is $1,208/mo in Burns Harbor, primarily driven by the current value of real estate in the Burns Harbor area. While nearly 41.08% of residents own their homes outright in Burns Harbor, 31.02% rent.
Housing affordability isn’t just about home prices, though. The average household income in Burns Harbor is $6,011 per month. Households that rent pay about 20.09% of their income on rent here. Burns Harbor's most expensive areas are in the southeastern regions, while the cheapest areas are in the eastern parts of the city.
Nearby Cities
- Porter, IN: higher priced homes
- Chesterton, IN: higher priced homes
- Ogden Dunes, IN: higher priced homes
- Dune Acres, IN: higher priced homes
- Portage, IN: less expensive homes
- Furnessville, IN: higher priced homes
- Wheeler, IN: higher priced homes
- Lake Station, IN: less expensive homes
- Burdick, IN: higher priced homes
- New Chicago, IN: less expensive homes
Cities with Similar Populations
- Ainsworth, NE: less expensive homes
- Wilmington, VT: higher priced homes
- Whiting, WI: equally priced homes
- Wallins Creek, KY: less expensive homes
- Van Horn, TX: less expensive homes
- Stratford, TX: less expensive homes
- Hope, MI: less expensive homes
- Chenoa, IL: less expensive homes
- Central City, PA: less expensive homes
- Canterbury, NH: higher priced homes
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