
Home Price Key
These days, finding an affordable place to live in the Flat Rock area can be challenging. Home prices in Flat Rock are now at a median cost of $150,000, lower than the Indiana average of $175,617.
The average cost of rent is $841/mo in Flat Rock, primarily driven by the current value of real estate in the Flat Rock area. While nearly 45.25% of residents own their homes outright in Flat Rock, 12.49% rent.
Housing affordability isn’t just about home prices, though. The average household income in Flat Rock is $5,614 per month. Households that rent pay about 14.98% of their income on rent here. Flat Rock's most expensive areas are in the northeastern regions, while the cheapest areas are in the northwestern parts of the city.
Nearby Cities
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- Rugby, IN: higher priced homes
- Hope, IN: less expensive homes
- Mount Auburn, IN: higher priced homes
- Prescott, IN: equally priced homes
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Cities with Similar Populations
- Kenesaw, NE: equally priced homes
- Scott, IN: higher priced homes
- Scotrun, PA: higher priced homes
- Maysville, WV: less expensive homes
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- Lilbourn, MO: less expensive homes
- Leesburg, TX: higher priced homes
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