Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Granger area can be challenging. Home prices in Granger are now at a median cost of $245,136, higher than the Indiana average of $175,617.
The average cost of rent is $1,219/mo in Granger, primarily driven by the current value of real estate in the Granger area. While nearly 29.78% of residents own their homes outright in Granger, 13.58% rent.
Housing affordability isn’t just about home prices, though. The average household income in Granger is $8,856 per month. Households that rent pay about 13.76% of their income on rent here. Granger's most expensive areas are in the northern regions, while the cheapest areas are in the southeastern parts of the city.
Nearby Cities
- Mishawaka, IN: less expensive homes
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Cities with Similar Populations
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- Pasadena, MD: higher priced homes
- Pace, FL: less expensive homes
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