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Affordable
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These days, finding an affordable place to live in the Griffin area can be challenging. Home prices in Griffin are now at a median cost of $113,293, lower than the Indiana average of $232,932.
The average cost of rent is $769/mo in Griffin, primarily driven by the current value of real estate in the Griffin area. In Griffin, 3.09% of households rent, and 58.81% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Griffin is $6,240 per month. Households that rent pay about 12.33% of their income on rent here. Griffin’s most expensive areas are in the northwestern 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
- Stewartsville, IN: higher priced homes
- Grayville, IL: less expensive homes
- New Harmony, IN: higher priced homes
- Phillipstown, IL: equally priced homes
- Crossville, IL: equally priced homes
- Poseyville, IN: higher priced homes
- Johnson, IN: higher priced homes
- Keensburg, IL: less expensive homes
- Cynthiana, IN: higher priced homes
- Bellmont, IL: equally priced homes
Cities with Similar Populations
- Topaz Lake, NV: higher priced homes
- Doss, MO: higher priced homes
- Dresden, GA: higher priced homes
- East Otisfield, ME: higher priced homes
- Taopi, MN: higher priced homes
- Taylor Landing, TX: higher priced homes
- The Narrows, NY: higher priced homes
- Tiller, OR: higher priced homes
- Tingley, IA: higher priced homes
- Togo, MN: higher priced homes
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