The Most Affordable Neighborhoods in Jay City, IN by Home Value

 

Jay City, IN Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Jay City area can be challenging. Home prices in Jay City are now at a median cost of $165,931, lower than the Indiana average of $175,617.

The average cost of rent is $759/mo in Jay City, primarily driven by the current value of real estate in the Jay City area. While nearly 28.38% of residents own their homes outright in Jay City, 10.17% rent.

Housing affordability isn’t just about home prices, though. The average household income in Jay City is $4,689 per month. Households that rent pay about 16.19% of their income on rent here. Jay City's most expensive areas are in the northeastern regions, while the cheapest areas are in the eastern parts of the city.


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