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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 $188,715, lower than the New York average of $610,895.
The average cost of rent is $1,073/mo in Indian River, primarily driven by the current value of real estate in the Indian River area. In Indian River, 3.75% of households rent, and 50.54% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Indian River is $7,938 per month. Households that rent pay about 13.51% of their income on rent here. Indian River’s most expensive areas are in the southwestern regions, while the cheapest areas are in the northwestern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Croghan, NY: less expensive homes
- Beaver Falls, NY: equally priced homes
- Naumburg, NY: higher priced homes
- Natural Bridge, NY: less expensive homes
- Kirschnerville, NY: less expensive homes
- Castorland, NY: equally priced homes
- Lake Bonaparte, NY: less expensive homes
- New Bremen, NY: less expensive homes
- Pond Settlement, NY: less expensive homes
- Number Four, NY: equally priced homes
Cities with Similar Populations
- Cane Creek, NC: higher priced homes
- Wilson, SC: less expensive homes
- Whitney, FL: less expensive homes
- Chester, OK: equally priced homes
- Champion, PA: equally priced homes
- Challenge, CA: higher priced homes
- Cearfoss, MD: higher priced homes
- Cavour, SD: higher priced homes
- Carrie, KY: less expensive homes
- Cantril, IA: less expensive homes
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