The Most Affordable Neighborhoods in Henry County, IN by Home Value

Home Price Key

These days, finding an affordable place to live in the Henry County area can be challenging. Home prices in Henry County are now at a median cost of $121,551, lower than the Indiana average of $175,617.

The average cost of rent is $802/mo in Henry County, primarily driven by the current value of real estate in the Henry County area. While nearly 41.93% of residents own their homes outright in Henry County, 22.10% rent.

Housing affordability isn’t just about home prices, though. The average household income in Henry County is $4,735 per month. Households that rent pay about 16.94% of their income on rent here. Henry County's most expensive areas are in the southwestern regions, while the cheapest areas are in the northern parts of the county.

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