Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Cato area can be challenging. Home prices in Cato are now at a median cost of $92,665, lower than the Indiana average of $175,617.
The average cost of rent is $680/mo in Cato, primarily driven by the current value of real estate in the Cato area. While nearly 28.16% of residents own their homes outright in Cato, 28.05% rent.
Housing affordability isn’t just about home prices, though. The average household income in Cato is $4,326 per month. Households that rent pay about 15.72% of their income on rent here. Cato's most expensive areas are in the northeastern regions, while the cheapest areas are in the southern parts of the city.
Nearby Cities
- Coe, IN: less expensive homes
- Winslow, IN: equally priced homes
- Algiers, IN: higher priced homes
- Whiteoak, IN: higher priced homes
- Petersburg, IN: higher priced homes
- Glezen, IN: higher priced homes
- West Petersburg, IN: higher priced homes
- Willisville, IN: higher priced homes
- Otwell, IN: higher priced homes
- Oatsville, IN: higher priced homes
Cities with Similar Populations
- Kaweah, CA: higher priced homes
- Jersey, AR: less expensive homes
- San Acacia, NM: higher priced homes
- Sample Run, PA: higher priced homes
- Jones Prairie, TX: higher priced homes
- Jonesboro Crossing, NC: equally priced homes
- Jordan, WV: higher priced homes
- Sag Bridge, IL: higher priced homes
- Jugtown, MD: higher priced homes
- Sabinal, NM: higher priced homes
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