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Affordable
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These days, finding an affordable place to live in the Indianola area can be challenging. Home prices in Indianola are now at a median cost of $86,538, lower than the Illinois average of $300,242.
The average cost of rent is $698/mo in Indianola, primarily driven by the current value of real estate in the Indianola area. In Indianola, 7.83% of households rent, and 70.96% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Indianola is $5,043 per month. Households that rent pay about 13.85% of their income on rent here. Indianola’s most expensive areas are in the northern regions, while the cheapest areas are in the central parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Olivet, IL: higher priced homes
- Sidell, IL: equally priced homes
- Ridge Farm, IL: equally priced homes
- Jamaica, IL: higher priced homes
- Georgetown, IL: equally priced homes
- Midway, IL: equally priced homes
- Metcalf, IL: equally priced homes
- Westville, IL: higher priced homes
- Scottland, IL: higher priced homes
- Meeks, IL: higher priced homes
Cities with Similar Populations
- Cocked Hat, DE: higher priced homes
- Trenton, UT: higher priced homes
- Transylvania, LA: higher priced homes
- Trafton, WA: higher priced homes
- Topmost, KY: equally priced homes
- Topaz, CA: higher priced homes
- Tonalea, UT: less expensive homes
- Todds Mill, IL: higher priced homes
- Todd, PA: higher priced homes
- Titanic, OK: higher priced homes
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