Affordable
Expensive
Expensive
Colorblind friendly
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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 $174,905, higher than the Michigan City average of $165,810.
The average cost of rent is $1,082/mo in Edgewood, primarily driven by the current value of real estate in the Edgewood area. In Edgewood, 41.61% of households rent, and 35.04% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Edgewood is $5,505 per month. Households that rent pay about 19.66% of their income on rent here. Edgewood’s most expensive areas are in the southern regions, while the cheapest areas are in the northwestern parts of the neighborhood.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Neighborhoods
- Downtown Michigan City, Michigan City, IN: less expensive homes
- Aetna, Gary, IN: less expensive homes
- Pulaski, Gary, IN: less expensive homes
- Midtown, Gary, IN: less expensive homes
- Downtown West, Gary, IN: less expensive homes
- Glen Park, Gary, IN: less expensive homes
- Tolleston, Gary, IN: less expensive homes
- Tarrytown, Gary, IN: less expensive homes
- Brunswick, Gary, IN: less expensive homes
- Turner-Meyn Park, Hammond, IN: equally priced homes
Neighborhoods with Similar Populations
- Marysville Historic District, Marysville, OH: higher priced homes
- Centerville, Brownsville, PA: less expensive homes
- Marietta, Jacksonville, FL: higher priced homes
- Mountainville, Allentown, PA: higher priced homes
- Mainland Park, Texas City, TX: higher priced homes
- South Atrisco, South Valley, NM: equally priced homes
- West Edgewood, Indianapolis, IN: higher priced homes
- Hillendale, Oregon City, OR: higher priced homes
- Darkesville, Inwood, WV: higher priced homes
- Downtown Grand Forks, Grand Forks, ND: higher priced homes
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