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Affordable
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These days, finding an affordable place to live in the Cannelburg area can be challenging. Home prices in Cannelburg are now at a median cost of $257,365, higher than the Indiana average of $232,932.
The average cost of rent is $988/mo in Cannelburg, primarily driven by the current value of real estate in the Cannelburg area. In Cannelburg, 14.62% of households rent, and 53.11% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Cannelburg is $8,287 per month. Households that rent pay about 11.92% of their income on rent here. Cannelburg’s most expensive areas are in the northern 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
- Montgomery, IN: equally priced homes
- Loogootee, IN: less expensive homes
- Scenic Hill, IN: less expensive homes
- Epsom, IN: less expensive homes
- Raglesville, IN: equally priced homes
- Whitfield, IN: less expensive homes
- Bramble, IN: less expensive homes
- Plainville, IN: less expensive homes
- Washington, IN: less expensive homes
- Alfordsville, IN: equally priced homes
Cities with Similar Populations
- Winton, NC: less expensive homes
- Huntsville, OH: equally priced homes
- Hegins, PA: less expensive homes
- Manson, NC: less expensive homes
- Moyie Springs, ID: higher priced homes
- Plainville, GA: less expensive homes
- Sattler, TX: higher priced homes
- Fairbank, IA: less expensive homes
- Sharon, CT: higher priced homes
- Dawson, MN: less expensive homes
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