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These days, finding an affordable place to live in the Hamilton area can be challenging. Home prices in Hamilton are now at a median cost of $311,887, higher than the Indiana average of $232,932.
The average cost of rent is $920/mo in Hamilton, primarily driven by the current value of real estate in the Hamilton area. In Hamilton, 17.27% of households rent, and 42.03% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Hamilton is $6,971 per month. Households that rent pay about 13.19% of their income on rent here. Hamilton’s most expensive areas are in the northwestern 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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