Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Farmland area can be challenging. Home prices in Farmland are now at a median cost of $102,307, lower than the Indiana average of $175,617.
The average cost of rent is $757/mo in Farmland, primarily driven by the current value of real estate in the Farmland area. While nearly 37.75% of residents own their homes outright in Farmland, 21.70% rent.
Housing affordability isn’t just about home prices, though. The average household income in Farmland is $4,813 per month. Households that rent pay about 15.72% of their income on rent here. Farmland's most expensive areas are in the southwestern regions, while the cheapest areas are in the western parts of the city.
Nearby Cities
- Maxville, IN: higher priced homes
- Parker City, IN: equally priced homes
- Unionport, IN: higher priced homes
- Windsor, IN: higher priced homes
- Stone, IN: equally priced homes
- Selma, IN: higher priced homes
- Winchester, IN: equally priced homes
- Powers, IN: equally priced homes
- Ridgeville, IN: less expensive homes
- Randolph, IN: less expensive homes
Cities with Similar Populations
- Solon Springs, WI: higher priced homes
- Ararat, VA: equally priced homes
- Breckenridge, MI: equally priced homes
- Brookneal, VA: higher priced homes
- West Falls, NY: higher priced homes
- Carbondale, KS: higher priced homes
- Cass Lake, MN: higher priced homes
- Taberg, NY: equally priced homes
- Des Arc, AR: less expensive homes
- New Haven, KY: higher priced homes
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