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These days, finding an affordable place to live in the Deming area can be challenging. Home prices in Deming are now at a median cost of $491,246, higher than the Indiana average of $232,932.
The average cost of rent is $1,188/mo in Deming, primarily driven by the current value of real estate in the Deming area. In Deming, 16.87% of households rent, and 22.65% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Deming is $10,400 per month. Households that rent pay about 11.42% of their income on rent here. Deming’s most expensive areas are in the central 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
- Lamong, IN: less expensive homes
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Cities with Similar Populations
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