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Affordable
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These days, finding an affordable place to live in the Fiat area can be challenging. Home prices in Fiat are now at a median cost of $356,847, higher than the Indiana average of $232,932.
The average cost of rent is $876/mo in Fiat, primarily driven by the current value of real estate in the Fiat area. In Fiat, 9.61% of households rent, and 46.40% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Fiat is $3,253 per month. Households that rent pay about 26.95% of their income on rent here. Fiat’s most expensive areas are in the central regions, while the cheapest areas are in the southwestern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
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Cities with Similar Populations
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