Expensive
Affordable
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These days, finding an affordable place to live in the Ferdinand area can be challenging. Home prices in Ferdinand are now at a median cost of $241,259, higher than the Indiana average of $232,932.
The average cost of rent is $882/mo in Ferdinand, primarily driven by the current value of real estate in the Ferdinand area. In Ferdinand, 14.92% of households rent, and 50.56% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Ferdinand is $7,114 per month. Households that rent pay about 12.40% of their income on rent here. Ferdinand’s most expensive areas are in the southeastern regions, while the cheapest areas are in the northwestern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- St. Henry, IN: equally priced homes
- Mariah Hill, IN: higher priced homes
- St. Marks, IN: less expensive homes
- St. Meinrad, IN: higher priced homes
- Lincoln City, IN: less expensive homes
- Johnsburg, IN: less expensive homes
- St. Anthony, IN: equally priced homes
- Siberia, IN: less expensive homes
- Huntingburg, IN: less expensive homes
- Maltersville, IN: equally priced homes
Cities with Similar Populations
- Deerfield, WI: higher priced homes
- Belle, WV: less expensive homes
- St. James City, FL: higher priced homes
- Scotts, MI: higher priced homes
- Parrottsville, TN: less expensive homes
- Monticello, MS: less expensive homes
- Montgomery City, MO: less expensive homes
- Monroe, IN: equally priced homes
- Mobridge, SD: less expensive homes
- Mineral Springs, NC: higher priced homes
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