Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Edgewood area can be challenging. Home prices in Edgewood are now at a median cost of $126,680, lower than the Indiana average of $175,617.
The average cost of rent is $1,050/mo in Edgewood, primarily driven by the current value of real estate in the Edgewood area. While nearly 36.29% of residents own their homes outright in Edgewood, 12.15% rent.
Housing affordability isn’t just about home prices, though. The average household income in Edgewood is $6,247 per month. Households that rent pay about 16.81% of their income on rent here. Edgewood's most expensive areas are in the northwestern regions, while the cheapest areas are in the southwestern parts of the city.
Nearby Cities
- Woodlawn Heights, IN: higher priced homes
- Anderson, IN: less expensive homes
- Lapel, IN: higher priced homes
- Perkinsville, IN: higher priced homes
- Pendleton, IN: higher priced homes
- Chesterfield, IN: less expensive homes
- Hardscrabble, IN: higher priced homes
- Frankton, IN: less expensive homes
- Markleville, IN: higher priced homes
- Strawtown, IN: higher priced homes
Cities with Similar Populations
- Smackover, AR: less expensive homes
- Columbus Junction, IA: equally priced homes
- Deep Gap, NC: higher priced homes
- Earleville, MD: higher priced homes
- Eaton Estates, OH: equally priced homes
- Adamstown, PA: higher priced homes
- McGregor, MN: higher priced homes
- Monetta, SC: equally priced homes
- Pelican Bay, TX: higher priced homes
- Malvern, AL: equally priced homes
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