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These days, finding an affordable place to live in the Cromwell area can be challenging. Home prices in Cromwell are now at a median cost of $183,396, lower than the Indiana average of $232,932.
The average cost of rent is $1,052/mo in Cromwell, primarily driven by the current value of real estate in the Cromwell area. In Cromwell, 20.53% of households rent, and 30.71% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Cromwell is $5,464 per month. Households that rent pay about 19.26% of their income on rent here. Cromwell’s most expensive areas are in the southwestern 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
- Enchanted Hills, IN: higher priced homes
- Kimmell, IN: equally priced homes
- Ligonier, IN: higher priced homes
- Syracuse, IN: higher priced homes
- North Webster, IN: higher priced homes
- Wilmot, IN: higher priced homes
- Indian Village, IN: equally priced homes
- Wolflake, IN: higher priced homes
- Ormas, IN: higher priced homes
- Leesburg, IN: higher priced homes
Cities with Similar Populations
- Waterford, VA: higher priced homes
- Republic, WA: higher priced homes
- Larsen, WI: higher priced homes
- Richmond, OH: less expensive homes
- Sadieville, KY: higher priced homes
- Sullivan, WI: higher priced homes
- Combine, TX: higher priced homes
- Cabazon, CA: higher priced homes
- Bremen, AL: less expensive homes
- Wacousta, MI: higher priced homes
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