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These days, finding an affordable place to live in the Hillsdale area can be challenging. Home prices in Hillsdale are now at a median cost of $161,665, lower than the Indiana average of $232,932.
The average cost of rent is $709/mo in Hillsdale, primarily driven by the current value of real estate in the Hillsdale area. In Hillsdale, 9.77% of households rent, and 47.91% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Hillsdale is $6,545 per month. Households that rent pay about 10.84% of their income on rent here. Hillsdale’s most expensive areas are in the northern regions, while the cheapest areas are in the southern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Montezuma, IN: less expensive homes
- Summit Grove, IN: less expensive homes
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- Mecca, IN: less expensive homes
- Blanford, IN: less expensive homes
- Newport, IN: equally priced homes
- Fairview Park, IN: less expensive homes
- Jonestown, IN: less expensive homes
- Coloma, IN: equally priced homes
Cities with Similar Populations
- Gagetown, MI: less expensive homes
- Flint Hill, VA: higher priced homes
- Floyd, IA: higher priced homes
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- Ford, WA: higher priced homes
- Forest City, IL: less expensive homes
- Forest View, IL: higher priced homes
- Fox, OH: higher priced homes
- Gage, OK: less expensive homes
- Flat Rock, PA: higher priced homes
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