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Affordable
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These days, finding an affordable place to live in the Jalapa area can be challenging. Home prices in Jalapa are now at a median cost of $182,148, lower than the Indiana average of $232,932.
The average cost of rent is $1,071/mo in Jalapa, primarily driven by the current value of real estate in the Jalapa area. In Jalapa, 19.04% of households rent, and 25.84% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Jalapa is $6,957 per month. Households that rent pay about 15.39% of their income on rent here. Jalapa’s most expensive areas are in the southwestern regions, while the cheapest areas are in the southern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Shady Hills, IN: equally priced homes
- La Fontaine, IN: less expensive homes
- Sweetser, IN: less expensive homes
- Mier, IN: higher priced homes
- Somerset, IN: equally priced homes
- Marion, IN: less expensive homes
- Converse, IN: equally priced homes
- Treaty, IN: higher priced homes
- Hanfield, IN: equally priced homes
- Swayzee, IN: less expensive homes
Cities with Similar Populations
- Chesterfield, MA: higher priced homes
- Wagarville, AL: less expensive homes
- Wainwright, AK: less expensive homes
- Walsh, WI: higher priced homes
- Cook, NE: equally priced homes
- Comptche, CA: higher priced homes
- Colbyville, VT: higher priced homes
- Chipola, FL: equally priced homes
- Yellow Creek, PA: equally priced homes
- Waco, NC: less expensive homes
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