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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 $125,506, lower than the Nebraska average of $252,353.
The average cost of rent is $783/mo in Indianola, primarily driven by the current value of real estate in the Indianola area. In Indianola, 14.31% of households rent, and 57.29% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Indianola is $5,785 per month. Households that rent pay about 13.53% of their income on rent here. Indianola’s most expensive areas are in the northwestern 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
- Bartley, NE: less expensive homes
- McCook, NE: higher priced homes
- Danbury, NE: higher priced homes
- Marion, NE: higher priced homes
- Cambridge, NE: equally priced homes
- Lebanon, NE: higher priced homes
- Stockville, NE: higher priced homes
- Wilsonville, NE: less expensive homes
- Culbertson, NE: less expensive homes
- Holbrook, NE: less expensive homes
Cities with Similar Populations
- Strout, MN: higher priced homes
- Bouse, AZ: equally priced homes
- Branch, MO: higher priced homes
- Brandsville, MO: higher priced homes
- Brownsville, OH: higher priced homes
- Brule, NE: higher priced homes
- Bruno, OK: higher priced homes
- Bryant, WA: higher priced homes
- Coburn, PA: higher priced homes
- Collins Center, NY: higher priced homes
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