Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Cortland area can be challenging. Home prices in Cortland are now at a median cost of $190,651, higher than the Indiana average of $175,617.
The average cost of rent is $914/mo in Cortland, primarily driven by the current value of real estate in the Cortland area. While nearly 54.55% of residents own their homes outright in Cortland, 20.16% rent.
Housing affordability isn’t just about home prices, though. The average household income in Cortland is $5,274 per month. Households that rent pay about 17.33% of their income on rent here. Cortland's most expensive areas are in the northwestern regions, while the cheapest areas are in the central parts of the city.
Nearby Cities
- Bobtown, IN: less expensive homes
- Little Acre, IN: equally priced homes
- Seymour, IN: less expensive homes
- Hangman Crossing, IN: equally priced homes
- New Elizabethtown, IN: higher priced homes
- Surprise, IN: equally priced homes
- Spraytown, IN: less expensive homes
- Jonesville, IN: equally priced homes
- Shields, IN: higher priced homes
- Mount Healthy, IN: higher priced homes
Cities with Similar Populations
- Henshaw, KY: less expensive homes
- Clayton, SC: less expensive homes
- West Martinsburg, NY: less expensive homes
- Clear, AK: equally priced homes
- Clements, KS: less expensive homes
- Cloudland, GA: less expensive homes
- East View, PA: less expensive homes
- Club Springs, TN: equally priced homes
- Coal City, PA: less expensive homes
- Cochecton Center, NY: equally priced homes
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