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These days, finding an affordable place to live in the Georgetown area can be challenging. Home prices in Georgetown are now at a median cost of $278,110, higher than the Indiana average of $232,932.
The average cost of rent is $951/mo in Georgetown, primarily driven by the current value of real estate in the Georgetown area. In Georgetown, 11.41% of households rent, and 27.61% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Georgetown is $8,886 per month. Households that rent pay about 10.70% of their income on rent here. Georgetown’s most expensive areas are in the southeastern regions, while the cheapest areas are in the central parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Galena, IN: higher priced homes
- Edwardsville, IN: equally priced homes
- Lanesville, IN: equally priced homes
- Greenville, IN: higher priced homes
- Crandall, IN: less expensive homes
- Floyds Knobs, IN: higher priced homes
- New Salisbury, IN: less expensive homes
- New Albany, IN: less expensive homes
- Corydon, IN: equally priced homes
- Ramsey, IN: less expensive homes
Cities with Similar Populations
- Fulton, MS: less expensive homes
- Golden Valley, AZ: less expensive homes
- Gloucester Point, VA: higher priced homes
- Warren, RI: higher priced homes
- Gladwin, MI: less expensive homes
- Waseca, MN: less expensive homes
- Waterford, CA: higher priced homes
- Waterford, NY: equally priced homes
- Waterford, WI: higher priced homes
- Wauseon, OH: less expensive homes
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