The Most Affordable Neighborhoods in Chapel Hill Village, Indianapolis, IN by Home Value

 

Chapel Hill Village, Indianapolis, IN Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Chapel Hill Village area can be challenging. Home prices in Chapel Hill Village are now at a median cost of $134,769, lower than the Indianapolis average of $208,965.

The average cost of rent is $857/mo in Chapel Hill Village, primarily driven by the current value of real estate in the Chapel Hill Village area. While nearly 33.57% of residents own their homes outright in Chapel Hill Village, 74.03% rent.

Housing affordability isn’t just about home prices, though. The average household income in Chapel Hill Village is $3,069 per month. Households that rent pay about 27.91% of their income on rent here. Chapel Hill Village's most expensive areas are in the western regions, while the cheapest areas are in the southwestern parts of the neighborhood.


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