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Affordable
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These days, finding an affordable place to live in the Farmers Retreat area can be challenging. Home prices in Farmers Retreat are now at a median cost of $234,500, higher than the Indiana average of $232,932.
The average cost of rent is $956/mo in Farmers Retreat, primarily driven by the current value of real estate in the Farmers Retreat area. In Farmers Retreat, 8.67% of households rent, and 38.92% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Farmers Retreat is $4,842 per month. Households that rent pay about 19.75% of their income on rent here. Farmers Retreat’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
- Friendship, IN: higher priced homes
- Dillsboro, IN: less expensive homes
- Elrod, IN: less expensive homes
- Cross Plains, IN: equally priced homes
- Olean, IN: equally priced homes
- Fairview, IN: higher priced homes
- Bennington, IN: equally priced homes
- Moores Hill, IN: higher priced homes
- Canaan, IN: equally priced homes
- Versailles, IN: less expensive homes
Cities with Similar Populations
- Worthville, GA: higher priced homes
- Chefornak, AK: less expensive homes
- Woodland Corner, AR: less expensive homes
- Van Zandt, WA: higher priced homes
- Yuba, OK: less expensive homes
- Winslow, WI: less expensive homes
- Clifton, OR: equally priced homes
- Clio, KY: less expensive homes
- Winterthur, DE: higher priced homes
- Cloverland, WA: higher priced homes
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