
Home Price Key
These days, finding an affordable place to live in the Cloverdale area can be challenging. Home prices in Cloverdale are now at a median cost of $146,234, lower than the Indiana average of $175,617.
The average cost of rent is $835/mo in Cloverdale, primarily driven by the current value of real estate in the Cloverdale area. While nearly 36.76% of residents own their homes outright in Cloverdale, 28.07% rent.
Housing affordability isn’t just about home prices, though. The average household income in Cloverdale is $4,218 per month. Households that rent pay about 19.80% of their income on rent here. Cloverdale's most expensive areas are in the southeastern regions, while the cheapest areas are in the southern parts of the city.
Nearby Cities
- Cunot, IN: less expensive homes
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- Poland, IN: less expensive homes
- Carp, IN: higher priced homes
- Greencastle, IN: equally priced homes
Cities with Similar Populations
- Archbold, OH: equally priced homes
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- Angola, NY: equally priced homes
- Annandale, MN: higher priced homes
- Anthony, FL: less expensive homes
- Caldwell, TX: equally priced homes
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