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Affordable
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These days, finding an affordable place to live in the Freedom area can be challenging. Home prices in Freedom are now at a median cost of $184,564, lower than the Indiana average of $232,932.
The average cost of rent is $724/mo in Freedom, primarily driven by the current value of real estate in the Freedom area. In Freedom, 18.21% of households rent, and 48.41% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Freedom is $5,132 per month. Households that rent pay about 14.10% of their income on rent here. Freedom’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
- Farmers, IN: equally priced homes
- New Hope, IN: higher priced homes
- Vandalia, IN: equally priced homes
- Pottersville, IN: higher priced homes
- Vilas, IN: higher priced homes
- Coal City, IN: less expensive homes
- Patricksburg, IN: less expensive homes
- Daggett, IN: less expensive homes
- Point Commerce, IN: equally priced homes
- Spencer, IN: equally priced homes
Cities with Similar Populations
- Wade, OH: equally priced homes
- Carson, IA: equally priced homes
- Catale, OK: less expensive homes
- Caulfield, MO: less expensive homes
- Cedarville, MI: higher priced homes
- Deerfield, MA: higher priced homes
- Tunstall, VA: higher priced homes
- Union Grove, TX: equally priced homes
- Valier, MT: higher priced homes
- Adair, IA: higher priced homes
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