Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Burr Oak area can be challenging. Home prices in Burr Oak are now at a median cost of $194,086, higher than the Indiana average of $175,617.
The average cost of rent is $674/mo in Burr Oak, primarily driven by the current value of real estate in the Burr Oak area. While nearly 44.25% of residents own their homes outright in Burr Oak, 9.73% rent.
Housing affordability isn’t just about home prices, though. The average household income in Burr Oak is $6,022 per month. Households that rent pay about 11.19% of their income on rent here. Burr Oak's most expensive areas are in the central regions, while the cheapest areas are in the southwestern parts of the city.
Nearby Cities
- Merriam, IN: equally priced homes
- Albion, IN: less expensive homes
- Wolflake, IN: less expensive homes
- Green Center, IN: higher priced homes
- Bakertown, IN: equally priced homes
- Tri-Lakes, IN: equally priced homes
- Ormas, IN: less expensive homes
- Kimmell, IN: less expensive homes
- Brimfield, IN: less expensive homes
- Churubusco, IN: less expensive homes
Cities with Similar Populations
- Zenda, WI: higher priced homes
- Winigan, MO: less expensive homes
- West Halifax, VT: equally priced homes
- Wonalancet, NH: higher priced homes
- Wynoose, IL: less expensive homes
- Aristes, PA: less expensive homes
- Weyanoke, LA: higher priced homes
- Amelia, NE: less expensive homes
- Alum Bridge, WV: less expensive homes
- Alpha, IA: less expensive homes
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