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These days, finding an affordable place to live in the Butler area can be challenging. Home prices in Butler are now at a median cost of $142,968, lower than the Indiana average of $232,932.
The average cost of rent is $849/mo in Butler, primarily driven by the current value of real estate in the Butler area. In Butler, 21.67% of households rent, and 32.45% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Butler is $5,546 per month. Households that rent pay about 15.31% of their income on rent here. Butler’s most expensive areas are in the northeastern regions, while the cheapest areas are in the central parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Newville, IN: higher priced homes
- Moore, IN: higher priced homes
- Island Park, IN: higher priced homes
- Edgerton, OH: higher priced homes
- Waterloo, IN: higher priced homes
- St. Joe, IN: higher priced homes
- Hamilton, IN: higher priced homes
- Steubenville, IN: higher priced homes
- Auburn, IN: higher priced homes
- Blakeslee, OH: higher priced homes
Cities with Similar Populations
- Geneva, FL: higher priced homes
- Corinth, NY: higher priced homes
- South Barrington, IL: higher priced homes
- Sour Lake, TX: higher priced homes
- Groton, NY: higher priced homes
- Ohatchee, AL: equally priced homes
- Ojus, FL: higher priced homes
- Greentown, IN: higher priced homes
- Greensboro, MD: higher priced homes
- Greenport, NY: higher priced homes
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