The Most Affordable Neighborhoods in Gnaw Bone, IN by Home Value

 

Gnaw Bone, IN Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Gnaw Bone area can be challenging. Home prices in Gnaw Bone are now at a median cost of $220,159, higher than the Indiana average of $175,617.

The average cost of rent is $834/mo in Gnaw Bone, primarily driven by the current value of real estate in the Gnaw Bone area. While nearly 45.38% of residents own their homes outright in Gnaw Bone, 15.26% rent.

Housing affordability isn’t just about home prices, though. The average household income in Gnaw Bone is $5,825 per month. Households that rent pay about 14.31% of their income on rent here. Gnaw Bone's most expensive areas are in the northern regions, while the cheapest areas are in the eastern parts of the city.


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