Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Edinburgh area can be challenging. Home prices in Edinburgh are now at a median cost of $144,745, lower than the Indiana average of $175,617.
The average cost of rent is $752/mo in Edinburgh, primarily driven by the current value of real estate in the Edinburgh area. While nearly 35.87% of residents own their homes outright in Edinburgh, 29.23% rent.
Housing affordability isn’t just about home prices, though. The average household income in Edinburgh is $5,662 per month. Households that rent pay about 13.28% of their income on rent here. Edinburgh's most expensive areas are in the southern regions, while the cheapest areas are in the southeastern parts of the city.
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