Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Indian River area can be challenging. Home prices in Indian River are now at a median cost of $208,673, lower than the Chesapeake average of $299,034.
The average cost of rent is $1,297/mo in Indian River, primarily driven by the current value of real estate in the Indian River area. While nearly 36.42% of residents own their homes outright in Indian River, 41.85% rent.
Housing affordability isn’t just about home prices, though. The average household income in Indian River is $5,634 per month. Households that rent pay about 23.03% of their income on rent here. Indian River's most expensive areas are in the northeastern regions, while the cheapest areas are in the southeastern parts of the neighborhood.
Nearby Neighborhoods
- South Norfolk, Chesapeake, VA: equally priced homes
- Central Brambleton, Norfolk, VA: equally priced homes
- Greenbrier East, Chesapeake, VA: higher priced homes
- Downtown Norfolk, Norfolk, VA: higher priced homes
- Huntington-Jefferson, Virginia Beach, VA: higher priced homes
- Ballentine Place, Norfolk, VA: less expensive homes
- Greenbrier West, Chesapeake, VA: higher priced homes
- Ghent Square, Norfolk, VA: higher priced homes
- Lindenwood, Norfolk, VA: less expensive homes
- Fairmont Park, Norfolk, VA: equally priced homes
Neighborhoods with Similar Populations
- Garfield Ridge, Chicago, IL: higher priced homes
- North End, Tacoma, WA: higher priced homes
- North Park San Diego, San Diego, CA: higher priced homes
- North Dorchester, Boston, MA: higher priced homes
- Paradise Hills, San Diego, CA: higher priced homes
- Parkside, San Francisco, CA: higher priced homes
- Powellhurst-Gilbert, Portland, OR: higher priced homes
- Mountain's Edge, Las Vegas, NV: higher priced homes
- Model City, Miami, FL: higher priced homes
- Meadowview, Sacramento, CA: higher priced homes
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