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These days, finding an affordable place to live in the Ellisville area can be challenging. Home prices in Ellisville are now at a median cost of $276,710, higher than the Indiana average of $232,932.
The average cost of rent is $1,019/mo in Ellisville, primarily driven by the current value of real estate in the Ellisville area. In Ellisville, 11.26% of households rent, and 54.58% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Ellisville is $8,251 per month. Households that rent pay about 12.34% of their income on rent here. Ellisville’s most expensive areas are in the central 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
- Yoder, IN: less expensive homes
- Roanoke, IN: equally priced homes
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- Ossian, IN: less expensive homes
- Markle, IN: less expensive homes
- Laud, IN: equally priced homes
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- Poe, IN: less expensive homes
Cities with Similar Populations
- Ribbon, KY: less expensive homes
- Reilly, IL: less expensive homes
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- Resort, NY: higher priced homes
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- Rhoades, AL: less expensive homes
- Redowl, SD: higher priced homes
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