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Affordable
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These days, finding an affordable place to live in the Grafton area can be challenging. Home prices in Grafton are now at a median cost of $236,041, higher than the Indiana average of $232,932.
The average cost of rent is $807/mo in Grafton, primarily driven by the current value of real estate in the Grafton area. In Grafton, 5.63% of households rent, and 37.71% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Grafton is $7,081 per month. Households that rent pay about 11.40% of their income on rent here. Grafton’s most expensive areas are in the northern regions, while the cheapest areas are in the eastern 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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