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These days, finding an affordable place to live in the Danville area can be challenging. Home prices in Danville are now at a median cost of $309,341, higher than the Indiana average of $232,932.
The average cost of rent is $996/mo in Danville, primarily driven by the current value of real estate in the Danville area. In Danville, 22.37% of households rent, and 28.17% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Danville is $8,545 per month. Households that rent pay about 11.66% of their income on rent here. Danville’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
- Cartersburg, IN: higher priced homes
- Pecksburg, IN: equally priced homes
- Montclair, IN: equally priced homes
- Tilden, IN: higher priced homes
- Springtown, IN: less expensive homes
- Clayton, IN: equally priced homes
- New Winchester, IN: equally priced homes
- Avon, IN: equally priced homes
- Pittsboro, IN: higher priced homes
- Plainfield, IN: equally priced homes
Cities with Similar Populations
- Millbury, MA: higher priced homes
- Perryville, MO: less expensive homes
- Pendleton, IN: less expensive homes
- Nesconset, NY: higher priced homes
- Nashville, NC: less expensive homes
- Nanticoke, PA: less expensive homes
- Murrysville, PA: higher priced homes
- Morehead City, NC: higher priced homes
- Moorestown-Lenola, NJ: higher priced homes
- Moody, AL: less expensive homes
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