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Affordable
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These days, finding an affordable place to live in the Columbia City area can be challenging. Home prices in Columbia City are now at a median cost of $224,961, lower than the Indiana average of $232,932.
The average cost of rent is $939/mo in Columbia City, primarily driven by the current value of real estate in the Columbia City area. In Columbia City, 21.54% of households rent, and 34.89% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Columbia City is $6,674 per month. Households that rent pay about 14.08% of their income on rent here. Columbia City’s most expensive areas are in the northeastern regions, while the cheapest areas are in the central parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Etna, IN: equally priced homes
- Tri-Lakes, IN: higher priced homes
- Collins, IN: equally priced homes
- Lorane, IN: equally priced homes
- Peabody, IN: higher priced homes
- Larwill, IN: equally priced homes
- Merriam, IN: higher priced homes
- Ormas, IN: equally priced homes
- Tunker, IN: higher priced homes
- Laud, IN: higher priced homes
Cities with Similar Populations
- West Richland, WA: higher priced homes
- Morris, IL: higher priced homes
- North Myrtle Beach, SC: higher priced homes
- New Canaan, CT: higher priced homes
- Murphy, TX: higher priced homes
- Mountlake Terrace, WA: higher priced homes
- Mount Vernon, IL: less expensive homes
- Mount Pleasant, TX: less expensive homes
- Morris Plains, NJ: higher priced homes
- North Ogden, UT: higher priced homes
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