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These days, finding an affordable place to live in the Clayton area can be challenging. Home prices in Clayton are now at a median cost of $313,428, higher than the Indiana average of $232,932.
The average cost of rent is $991/mo in Clayton, primarily driven by the current value of real estate in the Clayton area. In Clayton, 17.98% of households rent, and 33.35% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Clayton is $7,344 per month. Households that rent pay about 13.50% of their income on rent here. Clayton’s most expensive areas are in the eastern regions, while the cheapest areas are in the southwestern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Joppa, IN: higher priced homes
- Pecksburg, IN: equally priced homes
- Hazelwood, IN: less expensive homes
- Springtown, IN: less expensive homes
- Danville, IN: equally priced homes
- Amo, IN: less expensive homes
- Plainfield, IN: less expensive homes
- Cartersburg, IN: higher priced homes
- Stilesville, IN: less expensive homes
- Monrovia, IN: less expensive homes
Cities with Similar Populations
- South Russell, OH: higher priced homes
- Paige, TX: higher priced homes
- Phillips, WI: less expensive homes
- Morley, MI: less expensive homes
- Sanderson, FL: less expensive homes
- Shenandoah, TX: higher priced homes
- Kaunakakai, HI: higher priced homes
- South Paris, ME: less expensive homes
- Holt, MO: equally priced homes
- Franktown, CO: higher priced homes
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