The Most Affordable Neighborhoods in Farmers Retreat, IN by Home Value

 

Farmers Retreat, IN Map of Most Affordable Neighborhoods
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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 $151,400, lower than the Indiana average of $175,617.

The average cost of rent is $1,170/mo in Farmers Retreat, primarily driven by the current value of real estate in the Farmers Retreat area. While nearly 33.33% of residents own their homes outright in Farmers Retreat, 20.16% rent.

Housing affordability isn’t just about home prices, though. The average household income in Farmers Retreat is $6,054 per month. Households that rent pay about 19.33% 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.


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