Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Ellis area can be challenging. Home prices in Ellis are now at a median cost of $141,337, lower than the Indiana average of $175,617.
The average cost of rent is $590/mo in Ellis, primarily driven by the current value of real estate in the Ellis area. While nearly 24.50% of residents own their homes outright in Ellis, 29.80% rent.
Housing affordability isn’t just about home prices, though. The average household income in Ellis is $4,400 per month. Households that rent pay about 13.41% of their income on rent here. Ellis's most expensive areas are in the eastern regions, while the cheapest areas are in the central parts of the city.
Nearby Cities
- Victoria, IN: less expensive homes
- Gambill, IN: less expensive homes
- Dugger, IN: less expensive homes
- Linton, IN: less expensive homes
- Vicksburg, IN: equally priced homes
- Gilmour, IN: less expensive homes
- Pleasantville, IN: less expensive homes
- Lonetree, IN: equally priced homes
- Jasonville, IN: less expensive homes
- Lyons, IN: less expensive homes
Cities with Similar Populations
- Allerton, IA: less expensive homes
- Yanush, OK: less expensive homes
- Alpine, TN: less expensive homes
- Altona, IL: less expensive homes
- Alverno, MI: higher priced homes
- Ammon, VA: higher priced homes
- Andersonville, GA: equally priced homes
- Ansley, NE: less expensive homes
- Wren, MS: less expensive homes
- Sebastopol, MS: less expensive homes
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