
Home Price Key
These days, finding an affordable place to live in the Farmers area can be challenging. Home prices in Farmers are now at a median cost of $122,334, lower than the Indiana average of $175,617.
The average cost of rent is $618/mo in Farmers, primarily driven by the current value of real estate in the Farmers area. While nearly 54.08% of residents own their homes outright in Farmers, 13.03% rent.
Housing affordability isn’t just about home prices, though. The average household income in Farmers is $5,345 per month. Households that rent pay about 11.56% of their income on rent here. Farmers's most expensive areas are in the northwestern regions, while the cheapest areas are in the central parts of the city.
Nearby Cities
- Freedom, IN: equally priced homes
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- Coal City, IN: equally priced homes
Cities with Similar Populations
- Oriole, IN: equally priced homes
- Parcells Corner, NY: less expensive homes
- Palm Grove, IA: equally priced homes
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- Orme, TN: higher priced homes
- Parkdale, CO: higher priced homes
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