The Most Affordable Neighborhoods in Carbon, IN by Home Value

 

Carbon, IN Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Carbon area can be challenging. Home prices in Carbon are now at a median cost of $154,103, lower than the Indiana average of $175,617.

The average cost of rent is $802/mo in Carbon, primarily driven by the current value of real estate in the Carbon area. While nearly 28.80% of residents own their homes outright in Carbon, 14.31% rent.

Housing affordability isn’t just about home prices, though. The average household income in Carbon is $5,621 per month. Households that rent pay about 14.27% of their income on rent here. Carbon's most expensive areas are in the northwestern regions, while the cheapest areas are in the western parts of the city.


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