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These days, finding an affordable place to live in the Cairo area can be challenging. Home prices in Cairo are now at a median cost of $196,787, higher than the Indiana average of $175,617.
The average cost of rent is $986/mo in Cairo, primarily driven by the current value of real estate in the Cairo area. While nearly 40.11% of residents own their homes outright in Cairo, 11.89% rent.
Housing affordability isn’t just about home prices, though. The average household income in Cairo is $6,048 per month. Households that rent pay about 16.30% of their income on rent here. Cairo's most expensive areas are in the western regions, while the cheapest areas are in the central parts of the city.
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