Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Chelsea area can be challenging. Home prices in Chelsea are now at a median cost of $150,675, lower than the Indiana average of $175,617.
The average cost of rent is $1,360/mo in Chelsea, primarily driven by the current value of real estate in the Chelsea area. While nearly 29.31% of residents own their homes outright in Chelsea, 19.48% rent.
Housing affordability isn’t just about home prices, though. The average household income in Chelsea is $5,720 per month. Households that rent pay about 23.78% of their income on rent here. Chelsea's most expensive areas are in the central regions, while the cheapest areas are in the southeastern parts of the city.
Nearby Cities
- Saluda, IN: equally priced homes
- Paynesville, IN: equally priced homes
- Hanover, IN: less expensive homes
- Kent, IN: higher priced homes
- Lexington, IN: equally priced homes
- Nabb, IN: equally priced homes
- Otto, IN: equally priced homes
- New Washington, IN: equally priced homes
- Volga, IN: equally priced homes
- Marysville, IN: equally priced homes
Cities with Similar Populations
- Haywood, OK: less expensive homes
- Hoehne, CO: higher priced homes
- Hobbs, IN: equally priced homes
- Hinsdale, MT: less expensive homes
- Miltonboro, VT: higher priced homes
- Minaville, NY: higher priced homes
- Mission, DE: higher priced homes
- Mitchell, OR: higher priced homes
- St. Augustine, IL: less expensive homes
- Hegg, WI: higher priced homes
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