The Most Affordable Neighborhoods in Hearth Stone, Indianapolis, IN by Home Value

 

Hearth Stone, Indianapolis, IN Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Hearth Stone area can be challenging. Home prices in Hearth Stone are now at a median cost of $260,373, higher than the Indianapolis average of $208,965.

The average cost of rent is $1,093/mo in Hearth Stone, primarily driven by the current value of real estate in the Hearth Stone area. While nearly 50.12% of residents own their homes outright in Hearth Stone, 75.75% rent.

Housing affordability isn’t just about home prices, though. The average household income in Hearth Stone is $4,442 per month. Households that rent pay about 24.61% of their income on rent here. Hearth Stone's most expensive areas are in the eastern regions, while the cheapest areas are in the southeastern parts of the neighborhood.


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