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These days, finding an affordable place to live in the Cedar Grove area can be challenging. Home prices in Cedar Grove are now at a median cost of $262,564, higher than the Indiana average of $232,932.
The average cost of rent is $797/mo in Cedar Grove, primarily driven by the current value of real estate in the Cedar Grove area. In Cedar Grove, 23.60% of households rent, and 54.04% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Cedar Grove is $7,108 per month. Households that rent pay about 11.22% of their income on rent here. Cedar Grove’s most expensive areas are in the eastern regions, while the cheapest areas are in the northern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- New Trenton, IN: higher priced homes
- Mount Carmel, IN: less expensive homes
- West Harrison, IN: higher priced homes
- Whitcomb, IN: equally priced homes
- St. Leon, IN: equally priced homes
- Okeana, OH: higher priced homes
- Brookville, IN: equally priced homes
- Reily, OH: higher priced homes
- Bath, IN: equally priced homes
- Harrison, OH: equally priced homes
Cities with Similar Populations
- Weir, TX: higher priced homes
- Buncombe, IL: less expensive homes
- Burghill, OH: less expensive homes
- Cambridge, ID: equally priced homes
- Campbellsport, OH: equally priced homes
- Canaan Center, NH: equally priced homes
- Carnes, IA: equally priced homes
- Carolina, AL: less expensive homes
- Catawba, KY: less expensive homes
- Central Bridge, NY: less expensive homes
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