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Affordable
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These days, finding an affordable place to live in the Diamond area can be challenging. Home prices in Diamond are now at a median cost of $172,214, lower than the Indiana average of $232,932.
The average cost of rent is $848/mo in Diamond, primarily driven by the current value of real estate in the Diamond area. In Diamond, 13.79% of households rent, and 39.83% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Diamond is $5,052 per month. Households that rent pay about 16.79% of their income on rent here. Diamond’s most expensive areas are in the eastern 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
- Rosedale, IN: less expensive homes
- Coxville, IN: less expensive homes
- Sandcut, IN: equally priced homes
- Fontanet, IN: equally priced homes
- Lyford, IN: less expensive homes
- Bridgeton, IN: higher priced homes
- Coal Bluff, IN: equally priced homes
- Perth, IN: higher priced homes
- Mecca, IN: less expensive homes
- Smockville, IN: higher priced homes
Cities with Similar Populations
- Red Row, TN: higher priced homes
- Porter, KY: higher priced homes
- Pozo, CA: higher priced homes
- Prairie Corners, WI: higher priced homes
- Pritchett, CO: equally priced homes
- Pryor, CO: higher priced homes
- Pueblo, KY: less expensive homes
- Putnam, OK: less expensive homes
- Pyburns, TN: less expensive homes
- Quiggleville, PA: higher priced homes
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