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These days, finding an affordable place to live in the Indian Wells area can be challenging. Home prices in Indian Wells are now at a median cost of $1,071,237, higher than the California average of $812,006.
The average cost of rent is $2,093/mo in Indian Wells, primarily driven by the current value of real estate in the Indian Wells area. In Indian Wells, 17.76% of households rent, and 51.03% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Indian Wells is $13,796 per month. Households that rent pay about 15.17% of their income on rent here. Indian Wells’s most expensive areas are in the northern 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.
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