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These days, finding an affordable place to live in the Cambridge City area can be challenging. Home prices in Cambridge City are now at a median cost of $126,288, lower than the Indiana average of $232,932.
The average cost of rent is $906/mo in Cambridge City, primarily driven by the current value of real estate in the Cambridge City area. In Cambridge City, 23.37% of households rent, and 43.46% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Cambridge City is $5,566 per month. Households that rent pay about 16.28% of their income on rent here. Cambridge City’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
- Pershing, IN: higher priced homes
- East Germantown, IN: less expensive homes
- Dublin, IN: equally priced homes
- Jacksonburg, IN: higher priced homes
- Straughn, IN: higher priced homes
- Hagerstown, IN: higher priced homes
- Millville, IN: higher priced homes
- Harrisburg, IN: higher priced homes
- Greens Fork, IN: higher priced homes
- Centerville, IN: higher priced homes
Cities with Similar Populations
- Astatula, FL: higher priced homes
- Adger, AL: higher priced homes
- Keenesburg, CO: higher priced homes
- Andover, OH: equally priced homes
- North Lawrence, OH: higher priced homes
- Lennon, MI: higher priced homes
- Helmetta, NJ: higher priced homes
- Hamilton, IN: higher priced homes
- Wadesville, IN: higher priced homes
- Grantham, NH: higher priced homes
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